“Something incomprehensible is happening in the cryptocurrency area”

Chairman of the Board of Directors of AFK Sistema Vladimir Yevtushenkov said that he is interested in cryptocurrencies, but is not yet ready to invest in this industry.

“I am interested in everything. There is no topic that I am not interested in: starting with artificial intelligence and ending with the production of firewood. There are no cryptocurrencies in our portfolio today, and there are no interests in the portfolio, and there are no in the portfolio of our funds. Because something incomprehensible is going on, and we need to understand what will happen next, ”the owner of more than 64% of Sistema JSFC emphasized.

At the same time, he looks positively at the cryptocurrency industry, but, according to Yevtushenkov, now the future of projects such as Libra and Gram is not at all obvious. In addition, the entrepreneur lacks his own team of specialists in this field.

“To get to the peak, you need to assemble an sensible team that understands everything in this. I don’t have such a team yet, although young guys come with offers. But until this takes shape in the team, I’m definitely not going to do it, ”concluded Yevtushenkov.

Note that according to a study by the New York investment fund Decentral Park Capital, the capitalization of the Telegram Open Network for the past 5 years may exceed $ 20 billion.