DeFiance CEO: Crypto venture capital is dead, and future investments will only go into pure cash flow businesses

According to Odaily, DeFiance Capital CEO Arthur stated on X that the cryptocurrency market has undergone a complete transformation—from a valuation system supported by venture capital and focused on growth, to one centered on short-term cash flow generation, as this is the most likely path to deliver substantial returns for investors. Investors who have not yet understood this shift will only endlessly deplete their capital.

Arthur: "Venture capital-style crypto is dead, cash flow-style crypto lives forever. All new projects I invest in going forward must be pure cash flow businesses, able to recover all invested capital within 6 to 12 months, and achieve a 3 to 5 times return solely through cash flow. Any project that only hypes growth concepts will no longer work."