Asia


Finance

A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts

Andreessen Horowitz's crypto venture capital unit pointed to high levels of crypto ownership in South Korea and Singapore, and growing onchain activity in Japan.

South Korea's flag (Daniel Bernard/Unsplash)

Policy

APAC's Biggest Stock Exchanges Push Back Against Digital Asset Treasury Strategies: Bloomberg

Hong Kong Exchanges and Clearing has challenged at least five companies over plans to buy and hoard large amounts of cryptoassets

Hong Kong's skyline (Chris Lam/CoinDesk)

Finance

Huobi Founder Li Lin to Lead $1B Ether Treasury Firm: Bloomberg

Li Lin’s Avenir Capital is said to be teaming up with Asia's crypto pioneers to build a regulated vehicle focused on ether accumulation.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Markets

Asia Morning Briefing: BTC Traders Brace for Fed Cuts but Massive $4.5B Liquidity Tests Loom

A 25 bps cut is priced in, but OKX’s Gracie Lin says token unlocks and liquidity shocks will test markets, and only resilient liquidity will separate winners from losers.

Bitcoin News

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Markets

Asia Morning Briefing: Equities Rally on Rate-Cut Bets, Crypto Stays Cautious

Rate-cut optimism and gold’s rally have not spilled into crypto, where positioning stays defensive and near-term direction hinges on the inflation report.

Bitcoin

Finance

Asian Food Platform DDC Appoints Investing Professional After Animoca BTC Yield Deal

Kyu Ho has 20 years experience investing in traditional and digital assets, the company said.

Assorted dim sum in bamboo baskets (Alice Cheung/Pixabay)

Markets

Asia Morning Briefing: Leverage Meets Patience as Bitcoin Builds Toward a Breakout

PLUS: Another publicly listed tech company is building out a bitcoin treasury.

(Traxer/Unsplash)

Markets

Asia Morning Briefing: ETH Bulls Eye $3K as Validator Backbone Upgrade Rolls In

With ETH's bulls eyeing a breakout to $3K, Obol’s Head of Marketing & Ecosystem says that distributed validators are now critical infrastructure as Wall Street takes interest.

Ethereum blockchain symbol abstract crystal

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Markets

Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight

PLUS: Bakkt is entering the BTC Treasury market with a $1 billion BTC purchase.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Asia Morning Briefing: Tron's Public Listing Might Be Investors' 'Visa' Moment for Stablecoins

If stablecoins are the future of payments, Tron Inc., not Circle, might be how investors get exposure to these new financial rails, especially in emerging markets.

Justin Sun speaks at Consensus Hong Kong (CoinDesk)