Crypto Winter Series: Ram Ahluwalia of Lumida

Fintech Nexus

Ram Ahluwalia is a fintech pioneer who was the founder and CEO of PeerIQ, which he sold to Cross River Bank in 2021. Since then he has focused on the crypto space building the crypto business inside Cross River. Today, he is building a new startup focused on crypto that is still in stealth mode.
He talked about one of the silver linings of the this unique time period is that in Congress there is bipartisan support for legislation that will bring crypto into a regulatory framework. That is what the industry needs to move forward.
Another positive of the crypto winter is that DeFi has proven itself to be more resilient with the likes of MakerDAO, Compound and Aave performing as expected. This is a notable accomplishment.
Watch a video of the full interview here.