Wan Hui: The performance of Jianan's stock CAN will affect the overall confidence of institutional investors in the blockchain market

On November 21st, the founding partner of Primitive Ventures, Wan Hui, said on Weibo that the performance of Jianan stock $CAN is very important for many US institutional investors who want to enter Bitcoin. Many can't buy Bitcoin directly or think Greyscale's costly (or any other reason) institutional investors will use this as a Bitcoin Proxy, or a bitcoin productive asset with only cash flow. Bitcoin's listing is estimated to be in the foreseeable future, and this is the only option for a long time to come. On the other hand, if the performance of this “bit blue chip” is flat or collapsed, it will also affect the overall confidence of institutional investors in this industry. I hope CAN can be a cardiotonic agent.