Simon Kim, CEO of South Korean crypto venture capital firm Hashed, expressed confidence in the crypto industry's resilience despite the current bear market. Kim, who has been in the crypto space since 2015, noted that unlike previous downturns, this market phase does not evoke existential fears about the industry's future. He highlighted that global regulations are evolving to support rather than hinder crypto development, and institutional interest is growing, as seen with Harvard University's endowment portfolio. Kim also pointed to the increasing issuance of stablecoins and the tokenization of assets as signs of the industry's robust fundamentals. He urged patience, suggesting that market prices will soon align with these positive developments.