Much has been made of the potential for asset tokenisation, yet some institutions and family offices believe a persistent reliance on current financial infrastructure is holding it back.
In the wake of the SVB collapse, the cryptocurrency industry is not looking very bright — and fundamental bottlenecks, including real-world integration, need to be addressed.
As Hong Kong drops one of its last Covid-19 restrictions - the mask mandate - AsianInvestor asks financial industry experts how quickly the city will bounce back, and whether it can gain over next-door rival Singapore.
Though family offices in the region share a common interest in private assets going into 2023, different generations view digital assets very differently.
Hong Kong's regulator sees scope for opening up a maturing crypto market to retail investors, but questions remain about whether investors are sufficiently protected.
AsianInvestor’s recent coverage of crypto investing has focused on investors' own concerns about the potential risks. Regulators and rating agencies have also been expressing their opinions on how rule-making should proceed.
It seems likely that investors will continue to face loss and uncertainty in the crypto markets. Meanwhile, allegations of fraud and mis-selling are adding to the negative sentiment.
It's an immature market and investors need to exercise caution. Nevertheless, the $40 billion collapse of a so-called stable currency has investors in the region questioning the stability of the crypto market.
According to the report, institutional investors should look for exposure to blockchain technology and its applications, since cryptocurrencies are neither currency nor precious metal substitute.