Delta Blockchain Fund’s Kavita Gupta Warns of Ripple Effects in the Crypto Ecosystem from the FTX Crisis

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CNBC

In an interview with CNBC’s The Exchange, Kavita Gupta, the founder of Delta Blockchain Fund, shared her insights on the recent FTX crisis and its potential ripple effects. As an equity holder in FTX, Gupta expressed her concerns over the unexpected downfall of the once highly valued exchange. She highlighted the impact this crisis may have on investors who could potentially face significant losses and difficulties in reallocating their funds. She also emphasized the potential challenges faced by crypto companies that had received substantial investments from FTX, as well as the broader implications for the entire crypto ecosystem.

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Smit Khakhkhar comes from a cyber-security and deep tech background, got started with crypto in 2013 with bitcoin mining, have helped some of the largest Indian companies with cybersecurity. Smit is on the Technical side, Evaluating technical aspects of companies and Research, helping portfolio companies with Technology, and building open source projects under Delta.

Prior to joining Delta, Smit was Co-Founder and CTO of CoinCrunch India, which is one of India’s first crypto news platform Smit has worked with various Indian exchanges including CoinDCX, CoinDelta and various projects in technical capacity.

Kavita Gupta is the founder & Managing Partner of Delta Blockchain Fund. She has over 18 years of investment experience via The World Bank, IFC, and Eric Schmidt Family office and started one of the first Blockchain early-stage funds, ConsenSys Ventures, and accelerator Tachyon. Kavita has invested first checks into sector-defining companies such as Polygon, Starkware, Quantstamp, and Sorare to name among over 100 companies – she is also a visiting scholar at Stanford University teaching the Beyond Bitcoin class and an advisor to the Hus Institute, the UNICEF Giga project, the Katapult investment fund, the International Emmys and more. In 2015, Kavita received the UN Innovation Award for being one of the core members of creating green and social impact bonds.

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