Crypto’s wild west era is over, according to Miko Matsumura, managing partner at Gumi Cryptos Capital. The industry has won its core battles as institutional rails fall into place.
Matsumura welcomed the current bear market but warned that it would reward different behavior than previous cycles. Builders who repeat the meme coin playbook will be left behind as fresh capital and tougher regulation arrive.
The Industry Has Won, Miko Matsumura Argues
In an interview with BeInCrypto at the NBX Warsaw conference, Matsumura argued that crypto has already secured its structural wins.
He broke that victory into three pieces, mapping crypto sectors onto traditional finance roles.
Multiple chains will likely share retail banking duties, with Base and Solana competing for that layer.
Regulation arriving is, in his view, further proof that the industry has crossed the finish line. The next chapter is about scaling crypto a thousand times bigger, not redefining it.
BeInCrypto’s Jakub Dziadkowiec talks with Miko Matsumura at NBX 2026, Warsaw, PolandThis Bear Market Is Not Like the Last One
Miko Matsumura describes himself as a net accumulator and welcomes lower prices. However, he cautioned that the next leg up will not reward yesterday’s tactics.
He was blunt about meme coin speculation as a path to riches.
He emphasized that the deepest stretches of a bear market typically reward the highest-conviction builders. New entrants and tighter rules will reshape what counts as a winning strategy this cycle.
Where the Opportunity Goes Next
Meanwhile, Miko Matsumura pointed to high-growth economies in Latin America and Nigeria as the new frontier for crypto. Solo founders using AI tools to keep burn rates low also stand out, he added.
Matsumura listed courage, curiosity, and conviction as the traits he wants in founders this cycle. Building at the application layer should outweigh rebuilding foundations, he added.
The post Miko Matsumura: No More Crypto Wild West, This Cycle Will Reward Different Behavior appeared first on BeInCrypto.
Source: https://beincrypto.com/miko-matsumura-crypto-wild-west-bear-market/
