CoinDesk Podcast Network Pomp: 75% of Crypto Companies Won’t Survive; State Street's Tokenization Bridge
May 11, 2026
Anthony Pompliano, ProCap Financial founder and Bitcoin advocate, warns 75% of crypto firms won’t survive and names four resilient areas. Angus Fletcher, State Street’s digital-assets lead, explains the bank’s push to bridge traditional custody with tokenized funds out of Luxembourg. Joseph Chalom, SharpLink CEO, pitches Ethereum as institutional infrastructure reshaping on-chain finance and staking strategies.
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75 Percent Of Crypto Firms Won't Survive
- 75% of current crypto companies likely won't survive the next five years according to Anthony Pompliano.
- He argues capital and attention will consolidate into Bitcoin, equity infrastructure, stablecoins, and tokenization, while many smaller coins become 'ghost chains'.
Reallocate Away From Ghost Chains
- Move capital and talent away from low-use 'ghost chains' and long-tail tokens that lack institutional bids.
- Reallocate to working sectors (Bitcoin, infrastructure, stablecoins, tokenization) to avoid being stuck with illiquid assets.
Bitcoin's Core Value Is Certainty
- Bitcoin's value proposition is certainty: fixed supply, known monetary policy, and transparent ownership.
- Pompliano says that certainty makes Bitcoin a unique long-term asset to buy and hold rather than trade for price targets.