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Beyond the Hype: Why Regulation Is Saving Companies Like Gemini and Crypto.com
Cryptocurrency companies that follow the basic rules stick around
Tom Handy4 min read·Just now--
The crypto market is a battlefield. I have seen the highs of 2021 and the lows of the years following. If you have been following my work on Medium or in the crypto space, you know I get right to the point.
Investing for the past 29 years has taught me one thing: the flashy companies usually burn out, while those that follow the basic rules stick around.
Right now, we are seeing a massive cleansing of the crypto industry. The reality is that most crypto companies are built on unstable ground, and the tide is coming in fast.
The Death Toll — A Graveyard of Digital Dreams
As of 2026, the mortality rate for Web3 ventures is staggering. While roughly 50% of traditional businesses fail within their first three years, the crypto market is even worse. Recent data indicate that the mortality rate for Web3 ventures has exceeded 80%.
Between 2019 and 2023 alone, the industry saw a dramatic decline in the number of top 1,000 crypto firms. By early 2026, the number of failed or dead coins and companies had climbed into the thousands.