They are? A lot of companies? Who are the top institutional investors? How many in the top-ten aren’t crypto companies?
There is one thing that drives crypto these days: Tether. Tether prints fake coin money, the price goes up. Tether doesn’t print, the price goes sideways and down. When the stablecoin game is over, and it’s very much nearing the end, crypto is done. No one really cares about old tech that isn’t good at doing what it supposedly is supposed to do, and people care even less about faux-decentralization. All people care about is “price go up” in the great crypto ponzi casino, and Tether drives that.