Evan Cheng, CEO of Mysten Labs, said in an interview that despite the slowdown, strategic funds will still flow into the cryptocurrency field, but capital deployment will be more strategic and cautious. Evan Cheng said: "Investors from all over the world are looking for targets. BlackRock is obviously not stupid. They do recognize that there are opportunities here. I have been talking to people in the Gulf region, the UAE, and Qatar. They are very interested and they want to be at the forefront. The same is true for the Asia-Pacific region, so funds will come in, but they will be more strategic about it."