How Hedge Funds Will Reshape Web3 Institutional Asset Management on EVM Chains

Transcript

K Sandes. Now, please welcome our next presenter, Mr. K. Mr. K, the floor is yours. [Music] >> Hello. Uh thank you very much uh for this opportunity and uh thank you very much for organizers. And today's title is how hedge funds are rebuilding web three. Yeah. So uh yeah my name is KB but uh my name is a typical Japanese dashi. Of course I'm a native Japanese and I work for Xing. It's a DIY project.

they find uh it's like a uh asset management platform and al and chief strategy officer and also the advisor of the bit trade it's a crypto exchange in Japan okay and my expertise is algo trading and hedge fund something and so yeah that's why uh today's session very much thank you very much today I'll talk about uh four ports Yeah, part one is a transformation of fund structure and part two is uh the liquidity itself very important and part three is technological foundation and infrastructure. So I will mention uh

chain EBM chain Ethereum and B&B chain and part four is invested value and social impact. Okay, part one transformation of fund structures. So this part is what part and the fundamental structure of ass is being redesigned. So imagine uh now the treasure finance there are there are some limitations limited uh operating hours and uh uh intermediary fees and lack of transparency. So yeah, you can imagine the bank and also web three innovations.

I know there are some issues in web three but in the future uh yeah it will will be better of course and uh uh yeah every every time we can trade and programming is okay and full transparency and global liquidity. Yeah. So that's that's a borderless uh world. So uh evolution of talk funds and institutional investor entry now uh crypto ETFs this is quite advanced uh technology I mean not technology I mean

uh the first step. So, Bitcoin ETFs and ERM ETFs that's nice and also uh digital bonds is uh is there so that means uh digital uh I mean the real world assets there are lot of tokenized financial products and institutional motivation is uh yeah like this and now the the title is H fund hedge fund base but uh I think not only just hedge fund yeah it's also family office and prop trading and high net worth

individuals so uh from the uh investor side or uh the I mean the service provider sides you need to think about the new technology like blockchain okay real world assets uh it's uh process is challenging Yeah. So legal structure. So uh yeah accurate valuation of assets such as real estate, commodities and bonds. So now the gradually RWA world will is increasing and the tokenization execution and now the liquidity is very important from asset management side. uh yeah it's

for example the allocation so liquidity is very important and real world assets and yeah key challenge is three points regulatory complexity and price discovery mechanism custody issues I think the price discovery mechanism is the most important thing okay so uh this is a uh brief road map of building tokconut hedge fund and fund design phase. Um yeah pro program investment strategy fee structure and uh liquidity conditions into smart contracts to establish automatically executive operational

rules and also uh the asset class is important RWA token integrations and um yeah so the traditional finance of course there are online base but more uh automation So that means automate operation implementation. So yeah. Okay. Part two the operation methods and liquidity strategy. This is how the page.

Yeah. Liquidity is very important. So I think now that uh only the decal finance is not enough. Um yeah there are lot of arbitrary opportunities but this is it's very welcome because uh the arbitrage opportunities will increase uh the liquidity itself and also uh liquidity pools is uh more important but still uh difficult to understand for the general people and also market maker is there. So uh liquidity is more important.

Yeah. And uh the DEX is not enough so far. And I think CX and DEX is uh the key for the uh finance in in the future. CX and DEX division of loads and integration models. I believe this is the future model for DEFI adoption. So non-custody wallet is quite difficult to use. So number one is hybrid access model. So CX and DEX I think uh they can connect each other. Uh for example CX as a primary gateway

and uh uh you're leveraging accessing user base. I mean the uh central accent is more uh I mean easier to open the account. So that means uh I Yeah. So this is the word said defy. C E D E FI. Yeah. and and also the uh that mean the background uh the central exchange can use the decentral finance and blockchain technology and also uh scan is MPC wallet independent model. Yeah. No. Uh so non-custody wallet is uh uh still difficult but uh uh MPC service uh if we

can use uh the service that is much better. Okay. Part three. Yeah. Technical foundation and infrastructure. So yeah. So blockchain based there are a lot of things for using uh it's very easy for example automated dividend distribution. So dividend is from a traditional finance are very very not difficult. It's a uh operation operation cost is very high but uh the blockchain base it's automation and also fee management and the risk management

is very easy if we if you can develop your own system and your own system is also uh it it it's better than the web. Okay. Yeah. and infrastructure layer built by Ethereum and BNB chain. Yeah. So, Ethereum and BNB chain. Yeah. I think there are two top chains for C for of finance.

Yeah, I think uh yeah there are uh some uh difference and comp yeah this is comparison table but uh uh yeah and you can pick up the which change the best or of course another chain is if you if you like okay yeah margin model and that four part is very important security and operational efficiency and cost optimization and regulatory compliance. So yeah, the previous page I mentioned BNB chain and uh EM chain but I think that see you

the M chain is uh still risky. Yeah, because uh not only regulatory compliance, it's a hacking risk like uh Yeah. So that means elimination of the bridge risks and and if you select if you pick up single chain so it's uh uh very simple and also the audit and the compliance is also uh easy to understand and liquidity LP liquidity pool is also the uh uh yeah also the uh you can focus on the LP Okay. Uh this the last part invested

value and social impact. How institutional ambassador US will free? Yeah. Institutional investors they are very interested in this new world. Yeah. 100 transparency and the there are all blockchain base and market access is fine and for example a traditional hedge fun a lock up period like uh one year or two years but of course if we provide asset management service we don't need the local period okay so this is adopts uh decentralized

application uh democratizing asset access. Now the current situation is uh in institution centric. Yeah, still centric and transition partial opening and current situation there are some tokenized asset and also in the future full democratization. Uh I I I think I believe the token tokenized asset and dec finance will will come. I I'm not sure that when uh maybe the one year later not one year later uh yeah three years later or four years later but I believe uh yeah this

new technology. Okay. Okay. The summary is here. Web three leading next generation finance and what part is uh the tokenized and traditional assets and now so yeah we can we watch we are watching that real world asset and now a lot of the tokenized financial products and how is I think DEX there why itself is uh still diff still difficult but uh uh yeah there are some uh central exchange and not not only the crypto exchanges so security companies so they

are regulated. I think the com the partnership or uh relationship is working so that so the central exchange dex integration is a key for success. Yeah. And uh y is uh yes social development and invest value and I mean the investor impact is fine and also the chain is uh also the important. Yeah. So you you see the multain or single chain it's up to you. Okay.

Yeah. Thank you very much. That's all.