Last week, I hosted a small dinner with SEC Commissioner @HesterPeirce to candidly discuss the state of crypto and #DeFi within the current regulatory environment.
The takeaway? We shouldn't wait on regulators to drive the future of DeFi.
A π§΅
@Samwise_Ganji Fiat is a sham, the banking class is corrupt, decentralized digital currency and the blockchain are the inevitable future, and the incumbents will fight it to the death.
Korea is one of cryptoβs most important markets but one of the hardest to reach.
the retail crowd that actually moves volume here, 40-65, isnβt on tg. they donβt follow crypto native KOLs. but they do trust institutions like Hyundai, so thatβs where weβre taking our programming.
next week, real onchain markets taught inside Hyundai department store, with the curriculum built alongside @SynFuturesDefi
Weβre finally at a point where we can confidently say tokenization is essential to building the next gen finance, without adding new risk metrics to the equationβ¦β¦ if the fundamental choices from day 1 are made right.
Getting those fundamentals right requires making the difficult decisions. Minting a token is the easiest part. Minting a token BEFORE the underlying asset settles is the shortcut to serve the ultimate ux because it "guarantees" price and atomic delivery on the surface.
But when a rwa token settles with zero slippage, is that real delivery?
At Anchored, our tokenized US stock is the proof of concept. Weβve proven we can build the product with regulator-tested structure and lowest latency solution possible. Weβre incredibly excited for what we are shipping in Q2.
JUST IN: Hana Bank, one of South Koreaβs largest commercial banks, acquired a $670 million stake in Dunamu, the operator of the countryβs largest crypto exchange Upbit.
The firms also agreed to cooperate on building infrastructure for a won-denominated stablecoin ecosystem.
π°π· UPDATE: South Korean won trading accounts for ~30% of global crypto spot volume, making it the second-largest fiat market after the U.S. dollar.
SynFutures in Seoul π°π·
From CIS to Perp DEX Night and AI/Infra Con, we connected with builders, traders, and the future of DeFi in Asia.
Lots of real momentum.
Big conversations.
Connections were made.
Highlights below in the π§΅
RWA LIVE hosted by @FutureHouseKR@monad@MondayTrade_@AnchoredFi
From βWhat is RWA?β to live demos of tokenized stocks and next-gen infrastructure β today was about seeing onchain finance actually work.
Education β Product β Infrastructure
Not a concept anymore. A real system being built.