Robert Lindsay on LinkedIn: **Singapore** Working with a top prop trading firm in Singapore that is… (2024)

"A Hong Kong-dollar referenced token can be a 'powerful alternative' to US dollar-linked rivals given that the city has a well-developed financial sector, saidSean Lee, senior adviser and head of #stablecoin at VSFG."Things continue to look up in the #stablecoins space, and #HongKong appears to have some solutions for past concerns:"Hong Kong’s eight-month-old virtual-asset rulebook aims to protect investors from such risks while encouraging innovation, leading to questions about whether compliance costs could be an obstacle for some businesses."Zheping Huang has more details at Bloomberg News 🖱 ⤵ #hongkongbusiness #digitalassetmanagement #wealthmanagement

4

We are excited to share our latest article, Crypto as an Asset Class: Seeing Past the Volatility, which provides insights on how asset managers can reduce risks while capitalising on the potential of cryptocurrencies.This article is part of KPMG’s Asset Resiliency Through a Changing Landscape series, designed to help you stay ahead in today's uncertain global environment.In this article, we explore three main drivers for asset managers' interest in cryptocurrencies:1.Building capabilities and expertise in a growing asset class2.Seizing early advantages in the rapidly emerging Web3 landscape3.Pursuing returns in an unconventional investment spaceWhile the past year has seen significant market fluctuations, valuable lessons have been learned. Investors are now conducting more rigorous due diligence, and regulators worldwide are responding with increased oversight. For instance, Hong Kong has implemented new regulations to establish itself as a global hub for virtual assets.To access the full article, please click here: https://lnkd.in/gYMzwPPBOur team of experts is available for any questions or further discussion about the crypto environment in Hong Kong: Vivian Chui, Head of Securities & Asset Management, Hong Kong; Barnaby Robson, Deal Advisory, Hong Kong; Matthew Sung, Partner, Audit, Hong Kong and Nigel Hobler, Partner, Tax, Hong Kong

16

Japan-based Osaka Digital Exchange Co. will commence the region’s first-ever digital securities tokens trade. The initial phase will be rolled out on a small scale. Several Asian countries are progressing towards embracing securities tokenization.As#JAPAN #OsakaDigitalExchangeCo #SecurityTokens

New job: Graduate Settlement Analyst at Wintermute. London based.At Wintermute our mission is to enable, empower and advance the truly decentralized world for more transparent and efficient markets and products. We do this by providing liquidity algorithmically across most trading venues in crypto, supporting all major centralized and decentralized trading venues, AMMs, RFQs, aggregators and chains.- Communicating and liaising with counterparties to ensure they are satisfied with the OTC services that Wintermute provides- Trade settlement - communicating with trading counterparties to ensure timely and accurate settlements- Trade reconciliation - ensuring the trades that we agree to settle have the correct trade economics- Process improvement - working with developers to help automate processes or design ways to streamline current processes- Answering trade queries internally and externallyApply directly: https://lnkd.in/gRbFgGfA#CryptoJobs #HiringNow #RemoteJobs #RemoteWork #blockchainheadhunter #crypto #bitcoin #ethereum

Hello LinkedIn Network,As I embark on a new chapter in my career, I wanted to take a moment to reflect on my professional journey and how it has shaped my perspective.Over the past eight years in Thailand, I've been privileged to immerse myself in a vibrant entrepreneurial scene. As a crypto arbitrage trader, strategic advisor and co-founder of a boutique consultancy firm, I've had the unique opportunity to navigate complex markets and regulatory landscapes. This enriching experience provided invaluable insights into global corporate structures, banking infrastructures, and the nuances of bitcoin arbitrage trading.One of the most fascinating aspects of this journey was my exposure to regulatory compliance and KYC procedures. Seeing them through the lens of the investigated party, unavoidable when working with crypto at scale, offered a distinctive viewpoint and an understanding of potential challenges that businesses might encounter.However, every journey has its trials. For me, it was experiencing a burnout that prompted me to reflect on the importance of a balanced work-life environment. This introspection has led me to seek new opportunities closer to home in The Netherlands, where I look forward to contributing to the dynamic banking and consultancy sectors.The financial industry is ever-evolving, and I'm excited about the learning and growth opportunities that lie ahead. As I explore this next phase, I am particularly interested in leveraging my skills in financial analysis, risk management, and regulatory compliance.As always, I'm open to sharing experiences, discussing industry trends, and connecting with like-minded professionals. Whether it's about the intricacies of global finance, regulatory compliance, or simply connecting over shared interests, please feel free to reach out.Best Regards,Michiel Soemers#growth #experience #career #work #finance #banking #network

9

Singapore Investors Increasingly Confident in Crypto InvestmentsA new study by Nickel Digital Asset Management found that 92% of institutional investors and wealth managers in Singapore believe investment opportunities in the digital assets sector are attractive on a 12-month view, with 44% saying they are very attractive. The study also found that growing confidence in regulators is supporting investment, with 48% believing regulators are very committed to introducing robust regulation. This confidence is translating into an increasing recognition of the importance of digital assets as a diversifier in well-designed investment portfolios. The study surveyed institutional investors and wealth managers in Singapore who collectively manage around $281 billion in assets. Despite recent defaults of some global cryptocurrency-related firms based in Singapore, the country's welcoming approach has helped it attract digital asset services-related firms from China, India, and elsewhere in the last few years, making it a major centre in Asia.#Singapore #crypto #investments #digitalassets #diversification

2

2 Comments

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: BloombergDigital asset financial services firm HashKey Group is planning to raise funds at $1 billion valuation, according to a Bloomberg report on Friday.The Asia-based HashKey is in preliminary talks to raise between $100 million to $200 million, according to the report, which cited people familiar with the matter.The firm is looking to capitalize on Hong Kong’s re-emergence in recent months as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.Read more: https://lnkd.in/dnqqwkCy

#ICYMI: Following recent industry discussions, our co-founder Yoann T. spoke to Bloomberg on crypto's evolving pivot to Asia.As the global crypto landscape continues to mature, Asia is re-emerging as a predominant hub. Responding to these market developments, Wintermute is expanding its presence in Singapore — placing further focus on its crypto derivatives business, OTC, and liquidity provision services. #crypto #markets #Singapore #OTC #derivatives📌 Read the full article:

42

Named Deutsche Börse Digital Exchange, the platform will offer a fully regulated ecosystem for trading, settlement and custody of crypto assets.#digitalassets #crypto #cryptoassets #deutschebörse #regulated #platform #markets #trading #institutionalinvestors

115

Jigs to a record surge in digital asset investment products, with record weekly inflows reaching US$2.45 billion and year-to-date inflows at US$5.2 billion. This reflects a significant shift in investor sentiment towards cryptocurrencies. The lion's share of these inflows is attributed to the United States, underlining the growing interest and acceptance of digital assets within traditional financial markets.In addition, the issuance of guidelines and standards for digital asset custody by the Hong Kong Monetary Authority further legitimizes the role of cryptocurrencies in the global financial landscape. This signals continuous regulatory recognition and paves the way for greater institutional involvement in the crypto market. Hong Kong looks to reclaim its role as the crypto Hub of the world. The increasing participation of institutional investors in crypto assets is expected to drive even larger inflows of capital into this burgeoning asset class. As more institutional players enter the market, it not only enhances liquidity but also brings a level of credibility and stability that can attract further investment from a wider range of investors.