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Crypto bros swap shorts for suits in stab at respectability: ‘People grow up’

The crypto sector used to be known for wild parties. Now institutions are bringing maturity to the industry — perhaps more slowly than it would like

After a recent event where sushi was served off models, have digital assets really come of age?
After a recent event where sushi was served off models, have digital assets really come of age? Photo: FN Staff/Getty Images

Crypto is taking a stab at respectability. Gone are the shabby shorts worn by the likes of Sam Bankman-Fried and the obsession with having Lamborghinis at corporate events. 

As the sector tries to fit in with mainstream finance, ‘crypto bros’ are looking to shed their reputation for wild parties, swapping flip-flops for business suits and putting on more conservative conferences to attract investors who would previously have gravitated towards ‘tradfi’.

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