ACCESS x Blockdaemon Panel Wrap Up: Key Insights and Highlights

In partnership ACCESS Singapore and Blockdaemon , Katashe Solutions curated, moderated and structured an engaging and highly informative panel discussion on the evolving regulatory landscape and market developments in digital assets. This session brought together leading minds from across the industry to share their perspectives and insights.

As we stand at the forefront of the digital economy, with over 50 nations heading for elections, the regulatory landscape is rapidly evolving. Industry players are steering the course of global developments in digital assets towards a path of stability and progression. Our discussion focused on setting the guardrails necessary to ensure that this maturing industry continues to innovate and drive productivity.

We explored how innovation in financial regulation and investments have led us to where we are today and how we can push the economy forward, sharing the benefits of growth. With Bitcoin and Ethereum ETFs being integrated into financial markets, the digital economy is pushing the frontier of what’s possible. Here are Katashe Solutions ' key insights:

• Increasing Market Penetration: Recent data shows a $1.79 billion Bitcoin US ETF daily trade volume against the US ETF market's daily trading volume of $165 billion, representing approximately 1% of the total volume. In Hong Kong, Bitcoin ETFs have achieved $11 million in trade volume against the APAC ETF market's daily trading volume of $19.1 billion, accounting for about 5% of the total volume. Although Bitcoin ETFs currently account for a small percentage of total ETF volumes, their presence is growing. This trend suggests that as regulatory frameworks continue to evolve, we can expect more financial institutions to offer Bitcoin ETFs, expanding their market share in both US and APAC regions.
• Institutional Adoption: Institutions like HashKey Capital and DBS Bank are leading this charge, managing substantial assets and driving investment into the digital assets space. As a tier 1 bank, DBS already has launched new digital asset businesses, such as DDex, custody and OTC Crypto products. This growth in institutional adoption will drive further market innovation and stability.
• Regulatory Evolution and Confidence: Crypto ETF products reflect a regulatory environment that is beginning to accommodate digital assets. As bodies like the SEC and HKMA continue to refine their guidelines, we can expect a clearer regulatory framework that boosts investor confidence, leading to higher ETF trade volumes and broader market participation.
• Diversification and Innovation: The initial success of Bitcoin ETFs sets the stage for the introduction of ETFs for other cryptocurrencies and digital assets. This diversification will broaden the range of investment opportunities, attracting a wider spectrum of investors and further integrating digital assets into mainstream finance.
• Technological Advancements: Companies like Blockdaemon, with $207 million raised and a $3.25 billion valuation, are at the forefront of providing the necessary infrastructure for the digital asset market. Continued advancements in blockchain technology will enhance the overall infrastructure of digital asset markets, improving their efficiency, security, and reliability, thereby making digital assets more accessible for institutional and retail investors alike.

At Katashe Solutions , we believe that facilitating robust dialogues is crucial for navigating the complexities of the digital assets space. By leveraging our expertise in technology communications, we aim to support the industry with informed perspectives and innovative thinking.

Through this thought leadership panel, we ensured that the dialogue was not only thought-provoking but also actionable, equipping our audience with the knowledge they need to thrive in this rapidly changing environment. This initiative is part of our ongoing commitment to driving thought leadership and advancing understanding within the industry. We extend our gratitude to all our esteemed panelists and attendees for contributing to such a rich and valuable discussion.

Our panel discussion was so engaging that everyone stayed back, extending the session by an additional 30 minutes to a full 1 hour panel. This vibrant exchange of ideas showcasing the dynamic nature of our industry and the passion of its leaders. While we didn’t complete the closing thoughts segment due to the time overrun, please find the panelists' closing thoughts below:

Panel Takeaways:

Sunny (Yang) H. , HashKey Capital : "HashKey Capital is dedicated to collaborating with esteemed partners such as Blockdaemon, DBS, and Drew and Napier to foster a trusted and secure environment for digital asset development in Asia."

Sam Kim , Head of Legal & Compliance, Blockdaemon: "I am grateful for the opportunity to partake in this panel, where I had the privilege to share insights alongside such a distinguished group of experts."

Grace Chong , Head of Financial Regulatory Singapore, Drew & Napier LLC : "We covered regulatory updates in Singapore, where the Monetary Authority of Singapore (MAS) is refining its framework to balance market growth with investor protection. In Hong Kong, recent virtual assets regulations also aim to provide a clear framework for the management of digital assets, essential for maintaining market integrity and protecting investor interests."

Sam Ahmed , Managing Director and Group COO for Global Financial Markets, DBS Bank : "Just as the regulations around the OTC derivatives markets following the financial crises of '08 bought transparency and stability through central clearing, reporting, risk-based capital, margining, and post-trade, today's crypto markets could stand to benefit in the long run with a similar route. A collaborative approach between regulators, market participants, and industry advocacy groups agreeing on a set of global principles would bring much-needed credibility to the crypto markets."

Our panel discussion aligns with Katashe Solutions ' mission to lead with clear technology communications and to support regulatory frameworks fostering innovation with impact that protects consumers and advances economies. By enhancing market education, we enable the industry to collectively navigate the evolving landscape of digital assets with informed perspectives and innovative thinking. We look forward to continuing these important conversations and supporting our clients and partners in navigating the future of digital assets.

A heartfelt thank you to our esteemed speakers, Sunny He, Sam Kim, Sam Ahmed, and Grace Chong, for their invaluable contributions to this discussion.

#DigitalAssets #CryptoRegulation #Innovation #FinancialMarkets #Blockchain