Gateway to Growth

TOKEN2049 Dubai 2025 · April 2025 · 6:21

Tokenize Xchange chief strategy officer Carney Mak looks at how digital assets are being regulated and scaled across Southeast Asia. The keynote covers licensing regimes in different jurisdictions and what exchanges and tokenization platforms need to grow responsibly in the region. Given at TOKEN2049 Dubai 2025.

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From TOKEN2049 Dubai 2025, hosted by TOKEN2049.

Transcript

all the way from Singapore. My name is Carney and I represent tokeniz exchange. So what is token exchange? We are a CD5 from Southeast Asia. So let me start my presentation. Okay. So what we want to be is know we come all the way here because we want to help you to be the gateway to Southeast Asia. As we know Southeast Asia is very fragmented. There is so many parties you need to work with. The regulations are all different in each country. But that's what we aim to be because DeFi or decentralized part of things and even crypto solved this type of fragmentation issues. Uh so what we right now so in 2017 we started through ICO program you know and that's fast forward today we are still standing

top 100 tokens on coin market cap with more than three billion of our FTB and more than 300,000 users. Uh we raise a series A backed by investment bank and also none other than Animoka brands. Next so what are we this is our road map we aim to be uh one of the pioneers in Southeast Asia to so this not only helps with uh no distributions and this helps to off the fragmentation of stuff. So right now we've uh we are fully licensed in Malaysia. We're getting our Singapore one soon and ADGM that's one of the reason why here but you know we have landed and we know uh invest I mean P let out our investment into different

parts of Southeast Asia and we intend to close up whole this whole process uh by the end of this year. So just imagine you have a token you have a project that you really think that Southeast Asia is the point of growth for you guys talk to us let us know. I mean if it's good we would love to bring good projects to Southeast Asia. This is what we want and this is our goal. Next. Yeah. So just retelling of the slide. We aim to complete the license regulation uh by this year at least 70% of them.

Next. Next. Okay. So none of that once we compete we're not only just Southeast Asia playable. We are uh more of the Islamic people with Brunai, with Malaysia, UAE, Abu Dhabi and even Indonesia. We will be the most or the world most serial finance Islamic friendly exchange ever. So just off your mind I think about serial finance RWA stable coins everything can just pop up and this is so much because there are funds out there in Dubai or Middle East that or even Malaysia that invest in this kind of centric products and this is a range market that we also want to work on next. Okay. So you know when we talk

about centralized action we run it since 2017. You know what we see is this, you know, uh people buying Bitcoin, Ethereum and your stable coins but sending it over to the DeFi side of things for higher e more products, more sophisticated things and we thought ourselves why don't we close up the gap why don't we close up the whole ecosystem and this is where we pivot to L1 with our building blocks and you know with our expertise of running the exchange so initially we are on ERC20 kind of model with ud token whereby we give rebate It's like any other exchange. Fast forward today, we built ourselves on Cosmo ecosystem whereby we are EVM comfortable. Everything is smooth. So there's no technical glitch

and everything whereby we can run run very smoothly. End of day we want it fast. We want it adoptable. We want scalable interoperability. Next. So what are we doing in the def? Are we late? Are we early? You know certainly there are so much good projects out there in the def. How do we position ourself? Okay, this is where we target. So with the users of running you know centralized exchange and you know we have one zero backing whereby we're going to sell liquidity and stuff like that. Last but not least right is that we have you know VCs backing and also a list of VCs that's willing to look into this ecosystem that we can deploy.

Next. Okay. Uh next. Okay. So before I go into this right, okay, is that once we got the layer one out there that is not just another layer one, we're going to be an ecosystem playbook. Just imagine you build it on our our layer ones or or our cartel. Okay, we'll distribute you through our four different pillars in the D5 world whereby we have a web three wallet, we have a per DEX, we have a DEX and we have a BTC taking model. So this all this can happen in the D5 side of things. Then furthermore once it's matured and you know gain more traction this is where we can distribute uh everything on the centralized actually side of things once everything is offer up and this is where you have the whole gateway to whole Southeast Asia.

Next yeah so not only that you know we are not here to run hackathons or we're not going to give any grants just like that but what we have is that we partner to death house uh in Southeast Asia that has more than 400 developers. Okay, this is where you tell us your idea. We think you're good at it. We know how to distribute. We know how to market make and that's where we build it for you and in exchange for grant. And this is where that you know just bring us our idea. If it's good enough, we can do the whole one the whole suite of solutions just for you and distribute.

Next. Okay. So before I close up the presentation, just imagine a world like that whereby you have one of the best products out there, you know, and you would have loved to distribute it into South Asia. you don't know how to build it, you don't know what chain or what, we will guide you along the way. So, it's just the whole service that we can at the end of the day, Salvage is a huge market out there in the uh in the world and we would love to bring projects out there back to them. So, just contact us if you know I mean I'm on LinkedIn everyone is very visible. You can just text me and stuff like that. More than happy to have projects on board. Right now, we have more than 10 projects out there, you know, uh with a lot of tier

one VCs coming to build as well. So more than happy we have our development team all ready to you know get your projects and you know let's work a better future for Southeast Asia. Thank you.