Anchorage Digital co-founder and president Diogo Mónica believes that there is immense opportunity for Asia’s institutional investors, with the digital asset infrastructure provider on Oct. 5 announcing a “major expansion” of its platform into the region.
В беседе с Cointelegraph Моника сказала, что компания выбрала Сингапур в качестве «точки перехода» в более широкий азиатский рынок as the country has become a hub for crypto companies and has a strong regulatory environment. Anchorage is currently undertaking the application process with the Monetary Authority of Singapore, the city-state’s central bank:
«Речь идет о том, чтобы находиться в режиме, дружественном к криптовалюте, и в котором предприятия хотят вести бизнес. Мы работаем только с учреждениями, учреждения направляются в Сингапур, поэтому мы следуем их примеру».
However, Mónica said he sees “tons of opportunity” in the Thai, Indonesian, Japanese and South Korean crypto markets также после разговора с регулирующими органами, хотя он ожидает, что компании потребуется более широкое присутствие на местном уровне.
“Right now, our strategy is being regulated in Singapore, as it’s recognized by all the other regulators as a great location,” Mónica said, adding other regulators in the region have “very strict, but very clear rules, which is amazing.”
Anchorage предоставляет инфраструктуру для использования финансовыми учреждениями для обеспечения хранения цифровых активов, обмена, размещения и других услуг, связанных с Web3.
Mónica said, however, that Asian institutional investors have changed their tune on how they approached crypto investments after the wake of the Коллапс экосистемы Терры.
He said it was rarer for Asia-based institutions to care about the security of the assets up until recently, with a tendency to focus more on product features. However, in the wake of the collapse and the resulting вялый крипторынок, the focus has shifted to regulation, risk management and business continuity:
“I now have conversations about bankruptcy, and whether their assets are bankruptcy remote, and whether they’re on your balance sheet. […] But a year ago, nobody’s asking me questions about bankruptcy. A year ago, everybody was asking me questions about DeFi and things like that.”
Mónica said Anchorage already has a team in Singapore with clients from the region making up roughly 10% of its business. He sees that expanding to 25% over the next 12 to 18 months.
He said the bear market is a good time to gain a foothold and build relationships with regulators, as it demonstrates its ability to attract well-established clients who “are not just tourists to the space:”
“You‘re seen as the leader, and you’re seen as the people that expanded and have conviction, even during the bear market.”
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Самый популярный вариант использования криптовалюты, который Моника наблюдает в регионе, — это трансграничные денежные переводы, а также займы и кредиты. Он также упомянул, что добыча полезных ископаемых является распространенным вариантом использования не только для биткойнов (BTC) but also for companies running корректуры из-акций валидаторы.
As for the future, he says announcements of “some very large traditional firms” using its technology to offer services themselves are on the horizon, along with a focus on stablecoins and the infrastructure component, which will serve use cases for those assets.
Source: https://cointelegraph.com/news/anchorage-co-founder-sees-tons-of-opportunity-as-it-expands-into-asia