Last week we had the pleasure to host Vanessa Grellet, Managing partner from Aglaé Ventures and Nicolás Schmidt-Urzùa, Managing Director of the Silver 8 hedge fund to talk about Digital Assets. Here are the key points we learnt:
– Parallels can be drawn between the current state of digital asset adoption and the landscape of 1998, when the internet was being adopted, wifi created, Amazon just listed, Google just starting operations
– Significant adoption expected on the institutional side with blockchain technology increasingly being deployed in the financial services industry
– Regulation is key for widespread adoption, and it’s coming, even though at different speeds in different regions
– Bitcoin has risen sharply recently due to the planned launch of spot ETFs on Bitcoin, expected to significantly increase the number of investors active in this asset class.
– Operational Due Diligence is particularly important for assessing the security and custody of client funds and the compliance framework for investment funds
– Switzerland is attracting big investment in this space with many projects linked to the country and a number of banks participating.
Share with us your experience on Digital Assets and… if you want to know more about our solutions, get in touch at info@investasolutions.com