HSC Asset Management Conference is coming back to Abu Dhabi
On 9 December, during Abu Dhabi Finance Week, we’re bringing asset managers, banks, family offices, sovereign capital and digital-asset firms together at The Abu Dhabi EDITION
Two stages, one day:
• Investment banking, TradFi and asset management
• Digital assets, tokenisation and AI in finance
Speakers will be announced soon
📍 The Abu Dhabi EDITION
🕘 9 December, from 9:00 AM
Register: https://t.co/oUSKIWw8ZT
🔥 @Gate Ecosystem Update: a London Gala with Dr. Han, USD wire transfers on Gate US and CoinDesk's October rankings
▫️ Gate hosts London Gala dinner - Dr. Han presents Gate Money, compliance coverage in 81 jurisdictions
▫️ Gate Gala concludes at The Dorchester - Gate Europe cites MiCA authorization and a PI license
▫️ Gate US adds USD balances and wires - 37 state MTLs, 47 U.S. jurisdictions served
▫️ Gate ranks 4th in spot and futures volume - $51B spot, $394B futures in October, per BlockBeats
▫️ Gate Futures lists MIHAO - bots and copy trading, 1-10x leverage
▫️ Gate Prediction Markets prize pools pass 170,000 USDT - Fed December event volume above $24.9019M
▫️ Gate gStocks rally led by CRWVG - up 15.57% to 56.57 USDT, daily volume above $160M
▫️ Gate Convert runs dual promotion - over $120,000 USDT pool, Phase 2 to November 18
▫️ Gate adds 10 stocks to Event Contracts - NVDA and AAPL, 50,000 USDT challenge to November 18
▫️ Gate ranks 2nd in spot share growth - CoinDesk: share rises to 4.86% from 4.30%
▫️ Gate ranks 3rd in RWA perpetuals - $42.7B volume, 6.99% share among retail exchanges
▫️ Gate ranks 3rd in combined volume - about $14.3B daily average, behind Binance and OKX
▫️ Gate opens DANGOTE perpetual pre-market - USDT-margined, 1-10x leverage
▫️ Gate IPO Access opens Anthropic (ANT) subscription - from November 12, 100 USDT minimum, $70 to $78 reference price
All details: https://t.co/IFqKLuNX1t
#HSCLifeRules - Raja Chakravorti (@rajachak75), Chief Business Officer at @StellarOrg, HSC Asset Management Singapore, October 8
It's now easy to tokenize. There are a lot of engines to do that. The question is what you do with the asset afterwards. Think of a pyramid: the supply of tokenized assets, then what's useful and accessible, then what's actually used on-chain rather than just bought and held. There's a ratio between these layers, and our collective focus is increasing it
In an emerging market, a permissionless money market fund gives you yield where before you only had stablecoins for access to dollars. People are moving here not from FOMO, but with actual intention for the asset to do something
#HSCSingapore
#HSCLifeRules - Don Ng, Director, Digital Assets at China Asset Management, HSC Asset Management Singapore, October 8
For instant to become real, several layers have to come together: the fund unit, the underlying portfolio and the payment leg. The fund unit everyone is already doing, and it's not that difficult. The key element is the legal arrangement that links the on-chain token to the underlying assets
What's difficult is what regulated bodies like us can invest in. Even when the fund is tokenized and you subscribe with stablecoins, what we invest in is still largely off-chain assets, so there's always on-off-chain friction. The biggest step forward is to make the underlying asset on-chain as well
#HSCSingapore
#HSCLifeRules - Nitin Gaur (@nitingaur), Head of Institutional Growth at @Nethermind, HSC Asset Management Singapore, October 8
The lion's share of my work is in capital markets. While you have all these different networks, there'll be a few settlement networks. I did an analysis for US capital markets: the lion's share of liquidity, stablecoins and money market funds, which form the new liquidity infrastructure, is on five chains today. Out of those, it's mostly Solana and Ethereum, plus a bunch of layer twos processing stablecoin transactions
Then you have the emerging institutional chains coming in. So I think there'll still be a smorgasbord of four or five dominant chains, like we have the Mastercard, Visa and Amex schemes
#HSCSingapore
#HSCLifeRules - Jesse Guild, Vice President, Product Management, Crypto & Digital Assets at @Mastercard, HSC Asset Management Singapore, October 8
On the settlement side, blockchain payments don't just give you faster settlement. It's the availability of money that I think makes the difference here. One of the interesting use cases our issuer and acquirer partners show a lot of interest in is settling card network, issuer and acquirer obligations in stablecoin. The blockchain is never turned off. We're not limited by banking hours, and that means tangible working capital benefits for issuers and acquirers
In the future, I'd say we are certainly moving towards a network of networks model
#HSCSingapore
🔥 @Gate Ecosystem Update: Dr. Han's keynote at Oracle Red Bull Racing, a record 664,100 SOL staked and second-place global rankings in gold and silver futures
▫️ Gate founder Dr. Han keynotes at Oracle Red Bull Racing - Milton Keynes talk covers PoSEC, 81 jurisdictions of compliance coverage, Gate Pay and Gate Money
▫️ Gate SOL Staking hits record 664,100 SOL - estimated APR 7.39%, stakers receive GTSOL
▫️ Gate runs SKHYNIX, SAMSUNG and KORU futures competition - 50,000 USDT pool to November 15, SKHYNIX open interest above $102M ranks 2nd globally
▫️ Gate XAU and XAG futures rank 2nd globally - XAU volume about $453M, net inflows $15.08M; XAG $268.16M and $11.24M
▫️ Gate posts $18.06B in 24h perpetual futures volume - ranks #3 among global CEXs, per DefiLlama
▫️ Gate WCTC S9 Phase 1 concludes - over 100,000 registrations and 10,000 squads, Phase 2 runs to November 25
▫️ Gate Prediction Markets opens Macro Predictor campaign - 70,000 USDT pool, up to 8,250 USDT per user, Phase 12 pool reached $95,972.45
▫️ Gate Ventures recaps week ending November 6 - Nasdaq falls 3.37%, Bitcoin 4.5%, Greece sets 10% crypto gains tax, 9 deals raise $27M
All details: https://t.co/IFqKLuNX1t
#HSCLifeRules - Catherine Chen, Head of VIP & Institutional at @binance, HSC Asset Management Singapore, October 8
From where I sit, institutions show a stronger intention to move into tokenized assets. Clients coming from TradFi aren't used to leaving assets on an exchange. Historically they left fiat in a bank, either idle or earning a modest interest while exposed to the bank's counterparty risk
Now an institutional investor can pledge a tokenized money market fund instead. If the provider offers weekend minting and redemption, it eases a pain point, since traditional money market funds follow weekday hours. Institutions have been quite fast to adopt this
#HSCSingapore
#HSCLifeRules - Stanley Huo (@stanleyhuo), Partner, Head of Asia at @HivemindCap, HSC Asset Management Singapore, October 8
We run a pretty niche strategy in what we call digital culture. We're a sizable collector of digital art: AI art, generative art and blue-chip NFTs like CryptoPunks
We think it will make a comeback. A lot of new wealth has been generated from blockchain or from AI, and I think people want to own a piece of history on-chain. We see a resurgence of investment activity in CryptoPunks, and a lot of the buyers are early employees of the large AI companies. I think that trend will probably continue
#HSCSingapore
#HSCLifeRules - Felix Eigelshoven, Head of APAC at @dfnsHQ, HSC Asset Management Singapore, October 8
Custody is not the sexiest business case. The margin is razor thin. What we keep seeing is clients who want to own the infrastructure. Even clients moving ten billion dollars a month don't want to depend on a custodian
In 24/7 global markets, a custodian under global AML scrutiny may not be able to serve certain clients. Take cross-border payments between Singapore and the Philippines, where a huge part of the population is unbanked. That needs a different risk and compliance setup, and if I depend on someone else's license, they may not be able to serve it. Spoiler: I don't think you can build from scratch anymore in 2026
#HSCSingapore
#HSCLifeRules - Pang Qi Lim, CEO Singapore & Southeast Asia at @HSBC Asset Management, HSC Asset Management Singapore, October 8
Asia, in my view, is a much more complex universe to navigate, mainly because there are different policy paths in every single Asian economy. China remains a bifurcated economy: strong exports, weaker domestic demand. Inflation is subdued while the yuan is fairly strong against the dollar, so you'd see consensus for Chinese rates staying stable
At the other end of the spectrum, India and parts of Southeast Asia have current account deficits, weaker currencies and higher inflation. Those are creating pressure on yields. I believe markets are pricing in potential rate increases in India, Indonesia and the Philippines
#HSCSingapore
🔥 @Gate Ecosystem Update: 10 stock Event Contracts with 5 and 15-minute trading, a #3 rank in perpetual futures open interest and 153 dividend records paid
▫️ Gate posts $40.66M in 24h net inflows - ranks #3 among global CEXs, per DefiLlama
▫️ Gate opens Futures Points Airdrop Phase 165 - November 9, 0.018 QQQG for 15 points or 100 USDT voucher for 20
▫️ Gate ranks #3 in perpetual futures open interest - $6.071B, behind Binance at $28.089B and OKX at $6.508B
▫️ Gate launches 10 stock Event Contracts - NVDA, AAPL, TSLA and more, 5 and 15-minute markets, zero leverage, first platform to offer them
▫️ Gate Futures Meme Section lists 牛逼 - futures, bots and copy trading, 1-10x leverage, BSC token
▫️ Gate Prediction Markets Phase 12 pool hits $94,519 - leader projected $9,518.25, plus earnings, Rift Summit and NBA campaigns
▫️ Gate Stocks tracks Taiwan rally - Delta Electronics up 9.95% to TWD 1,160.00, Winbond 9.95%, AVC 9.95%
▫️ Gate Talk opens Bali special episode - Rita, Jingle Bell and Yuki Rabbit on trading and financial freedom
▫️ Gate completes dividends for 153 stock and ETF records - 131 tickers including JPM, paid in USDT, no user action needed
▫️ Gate Trenches runs Base vs. Robinhood PK - 30,000 USDT pool to November 22, top trader up to 4,000 USDT
▫️ Gate gStocks gainers led by ZHIPUG - up 5.84% to $56.92, MINIMAXG 3.49%, daily volume above $160M
All details: https://t.co/IFqKLuNX1t
#HSCLifeRules - Nick Magliocchetti, Co-Founder & CCO at @st0x_io, HSC Asset Management Singapore, October 8
When the market shuts on Friday, liquidity providers on chain step in and hold the pricing over the weekend. On the first weekend, our first liquidity provider was a billionaire offering to sell some of our assets, with a ridiculously large spread because he was the only seller. Two weeks later another billionaire friend of ours saw how much he was making, stepped in to match him, and the spread came down
Today we have those two plus about 15 other providers, including some of our users. They buy the most popular assets on Friday afternoon, maintain the peg, charge for the weekend risk and rebalance on Monday
#HSCSingapore
#HSCLifeRules - Jeffrey Tchui (@jtchui_abroad), Executive Director & Head of APAC at @hashgraph, HSC Asset Management Singapore, October 8
If the window is 2030, I think US dollar denominated stablecoins are still going to be the predominant settlement medium. The Hong Kong dollar is a de facto US dollar stablecoin from Web2 days. Take it out of the equation and the other real medium you have is JPY, but local regulations limit how JPY stablecoins can operate, both cross-border and within the country
Unless there's a major change in regulatory posture, I don't think there'll be a seismic shift to non-US dollar stablecoins for large economic activity. Individual remittances, payments and domestic activity, yes, maybe related to agentic payments
#HSCSingapore
#HSCLifeRules - Henson Orser (@HensonJO4), Founder & CEO at @soter_insure, HSC Asset Management Singapore, October 8
The elephant in the room, in DeFi and even at centralized exchanges, is that if somebody gets the keys to the castle, they drain all the assets. It's binary, a zero or a one. In traditional banking you have fraud protection. You get alerted about a strange $300 charge in some strange country, and you say, "I don't recognize that charge." Here, the assets are gone
It's easy to insure lots of very small risks that aggregate up to a big number. It's hard to insure something with a very low probability of happening that is severe when it does happen. That's the operational challenge for insurance in this space
#HSCSingapore
#HSCLifeRules - Niki Ariyasinghe, APAC VP at @chainlink, HSC Asset Management Singapore, October 8
From a regulated financial market standpoint, compliance and privacy are essentially mandatory. They're a key part of the regulatory framework and of legal structures. People have been building out the stack, but for it all to work in production at scale, it has to include compliance and privacy
As the industry grows, more and more capital is coming on-chain. But without compliance controls in place - sometimes that's AML/KYC, sometimes FX controls in certain markets - the majority of global capital cannot come on-chain. If you really want on-chain finance, compliance and privacy are mandatory
#HSCSingapore
🔥 @Gate Ecosystem Update: margin trading and short selling for stocks, a four-month high in gStocks volume and a 70,000 USDT macro prediction campaign
▫️ Gate launches stock margin trading and short selling - borrow USDT to go long or borrow stocks to short, on web now and App 8.43.0 and above
▫️ Gate Prediction Markets opens Macro Prophet campaign - 70,000 USDT pool to November 25, top reward 8,250 USDT, NFP data due today
▫️ Gate gStocks daily volume passes $160M - highest level in nearly four months
▫️ Gate US COO Laura Liu backs everyday payments - Gate US Card tops up in USDT, USDC, BTC and ETH, spends at 150M+ Visa merchants
▫️ Gate Stocks tracks Japanese rally - Data Section up 8.86% to $10.19, Japan Tobacco 5.44%, Taiyo Yuden 3.49%
▫️ Gate posts $203.33M in 24h net inflows - ranks #3 among global CEXs, per DefiLlama
▫️ Gate Stock Event Contracts cover 14 assets - 5 and 15-minute periods, 5 USDT minimum, Carnival pool of 80,000 USDT
▫️ Gate Trenches opens 7-Day Check-in Sprint Season 2 - 40,000 USDT pool to November 13, top 500 share 20,000 USDT
▫️ Gate Social runs Growth Points Grand Draw Round 26 - to November 19, 5,000 USDT Position Vouchers and SPCX tokens, 300 points per draw
▫️ Gate ranks #3 in XAU futures volume - $613M volume, $220M open interest; XAG #2 at $415M and $134M
▫️ Gate Research tracks $27B in on-chain vaults - 41 protocols, 549 vaults; Gate Simple Earn AUM above $1.85B
All details: https://t.co/IFqKLuNX1t
#HSCLifeRules - David Vatchev, Head of RWA Tokenization at @FasanaraCapital, HSC Asset Management Singapore, October 8
When we tokenize our funds and put them into DeFi, the main question is usefulness. We want to bring something to market with a better value proposition than you'd have in TradFi, without compromising the investment thesis or the regulatory and investor protections around it
We've managed to deposit them as collateral in lending markets like Morpho, Aave and Kamino. Users on-chain earn the yield and borrow stablecoins against them to leverage up the position. The yield is not tied to anything crypto-denominated, so people can amplify it with leverage, using the stablecoin liquidity that's there in DeFi
#HSCSingapore
#HSCLifeRules - Rose Wu, BD Director at @HashKeyCloud, HSC Asset Management Singapore, October 8
Historically, institutions were most concerned about safekeeping. Where are my assets, who controls the keys, how do I move them quickly. Now they care more about capital efficiency. That could mean staking, connecting to structured products or participating in on-chain markets
Once you put assets to work, it becomes much more complex. You need connectivity between custody, staking, reporting and risk management. I think the next generation of infrastructure will be about making assets more productive while keeping institutional-grade controls
#HSCSingapore
#HSCLifeRules - Dinghan Luo (@DinghanL), Partner at @JSquare_co, HSC Asset Management Singapore, October 8
No single financial platform can serve every audience in hundreds of countries. Take cross-border payments. Between the US and Europe the volume is large, the infrastructure is mature and larger players handle it directly. Between Mexico and the Philippines there's no existing infrastructure, so startups can act quickly, build local corridors and generate relatively large volumes
Same with on-ramps and off-ramps. Building them market by market means different regulations and high capital expense, and serving only yourself can't justify it. A payment platform spreads that cost across financial institutions worldwide, and that justifies a global network
#HSCSingapore@@
#HSCLifeRules - Ian Weisberger (@ianweisberger), CEO & Co-Founder at @coinroutes, HSC Asset Management Singapore, October 8
Our clients' biggest concern is not getting rugged. Everyone's kind of getting hacked, and if anything, people are willing to pay a little more on execution to have certainty about the counterparties they choose
So what we're seeing is renewed interest in settlement infrastructure where you can keep your funds at a custodian and still trade on the exchange. That's been a huge shift in crypto. People need to know their funds are there, that they can withdraw them, and that they're not at the mercy of the exchange
#HSCSingapore