‘We were worried about ecosystem startups’ — Solana CEO on FTX collapse
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The infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana ecosystem was particularly hard hit in the fallout.
Speaking exclusively to Cointelegraph at the latest edition of the Solana Breakpoint conference hosted in Amsterdam, Solana co-founder and CEO Anatoly Yakovenko recalls his concern for several projects that were building on the layer-1 smart contract blockchain protocol.
“I was more worried about the ecosystem of startups; we didn’t know how exposed teams were,” Yakovenko explained. Solana’s native token, SOL (
