With increasing demand from professional and institutional investors for ESG-friendly crypto products, a number of purely blockchain-focused venture capitalist funds and hedge funds have emerged in the markets.
Following China’s cryptocurrency ban, experts believe that Singapore is poised to take on a more prominent role in Asia’s digital assets space. Meanwhile, Hong Kong remains attractive for institutional investors.
Bitcoin and its ilk have gained a bad rep for being carbon-intensive, but some blockchain technologies are being adapted to support ESG-friendly assets.
Richard Teng was employed at the Monetary Authority of Singapore for 13 years, and at the Singapore Exchange for seven.
Singapore's aim to become the world's greatest crypto hub is being backed up by regulation. Will institutional investors follow suit? Experts believe it's only a matter of time.
Excited by the opportunities in disruptive technologies, the Singaporean investment group is taking a hands-on approach to blockchain.