“Tradfi companies will catch up with encryption”

Jupiter Zheng: «Tradfi companies will catch up with encryption»

Customers are increasingly concerned with encryption services, but traditional financial institutions are still cautious and gradually adopted. If things go well, this four -year session may be a turning point, according to Jupiter from Hashkey.

There are an increasing number of companies in traditional financing – also known as Trafi – are increasingly interested in encryption. According to the hadith Broadridge Survey64 percent of companies worldwide are moderate to large, including 72 percent in Asia.

Inside the banking industry, private banks were one of the relatively previous adopters. In an interview with The fineand Jupiter ChengA partner, liquid boxes and research in Hashkey Capital, a Hong Kong digital asset company, spoke about the customer’s interest.

Nextgen request

Hashkey Group provides a comprehensive set of digital asset services including trading, consulting, nursery and more. Hashkey Capital is a group asset management company and it provides active and negative money invested in encryption assets.

“Especially customers of the next generation, have more interest in encryption. They ask their parents whether they can get a small amount to participate in encryption work or allocate encryption assets, ”Zheng. “Hashkey provides B2B2C services (in order to work to work for private banks.”

Institutional adoption is still gradually

However, Zheng believes that there is still a relatively limited institutional accreditation and it will take some time before many Tradfi thinks about providing encryption services directly. This is not due to the lack of demand.

“They are hesitant not because of lack of interest, but because of organizational issues and compliance.” “Indeed, from the front people – especially sales representatives – they want more services and more products.”

The next four -year session

Meanwhile, decentralized financing companies (Defi), such as encryption banks, are quickly established their market positions and focuses on sectors such as non -created encryption customers by taking advantage of their expertise to combat money laundering or customer capabilities in digital assets. While some believe that the future of encryption financing will be dominated by these players, Zheng does not count traditional companies.

“I think Tradfi will join the encryption,” he said. “The four -year Bitcoin cycle in Bitcoin will be the perfect timing for the huge institutional adoption.”

Carbouto’s supporter

Under the American President Donald TrumpThere are ongoing organizational background winds. The US Securities and Stock Exchange Committee agrees on more and more boxes circulating on the stock exchange while dropping the main lawsuits. The clarity on the bases of stablecoins improves. In addition, Trump also announced the creation of a Bitcoin strategic reserves and digital asset stocks.

“I think these political changes will support other countries to rethink their policies and coding regulations,” Zheng. “If Trump is carrying out his pledge in his campaign, it is possible that Singapore and Hong Kong will be the first Asian states to repeat such a change in politics, despite their unique approaches based on advanced local regulatory frameworks.”

Bitcoin against gold

Regardless of business -friendly regulations, Zheng highlights that the other main engine to increase adoption will depend on the market performance, most notably Bitcoin. After the peak to more than $ 100,000 earlier this year, the blue chips icon has been slipped since then and moved about $ 85,000.

“Bitcoin did not prove the features of safe haven. We see that when the market is in a correction, bitcoin is not performed well compared to gold. So this will not be a good sign of other governments to think about Bitcoin reserves adopt, “Zheng.