Golden Finance reported that Tomasz Tunguz, founder of venture capital firm Theory Venture, announced his prediction for 2024, saying that Bitcoin ETF has reignited interest in web3 financing, and will see the first successful dividend-bearing token (possibly outside the United States), and more ARR-based web3 businesses will be scaled.
Tomasz Tunguz also said that with the decision of US regulators to advance the Bitcoin ETF, the crypto industry will see a recovery after setbacks, marking a major shift in web3 and continuing to consolidate the digital asset sector as part of traditional finance.