Liaoyuan, a US-based service platform operator for Entrepreneurship and Venture Capital, and Crypto trading providerTradeterminal organised the event named as Crypto Hedge Fund Summit in late July.
The event was taken place at The New York Marriott Downtown in U.S.
The summit primarily focused on the current industry trend for cryptocurrency secondary market trading, with topics including Crypto vs traditional Equity Hedge Fund, regulatory update and exchange development, and opportunities for professional fund managers in crypto secondary market among others.
Global institutional investors, such as Lone Star Capital were invited, while cryptocurrency related companies such as coindesk were also named as guests.
Coindesk’s Director of Research Nolan Bauerle delivered a keynote speech. ICO funding at the end of Q2 reached over USD 19bn, investors prefers regulated security tokens rather than utility tokens as a current tendency, he noted. US dominates crypto fund market rather than other countries such as UK, Singapore and Hong Kong, he added.
Darcmatter CEO Sang Lee, who is a former investment banker at BNP Paribas, said a good investment target token would ideally have an accessibility (high liquidity), speedy for any changes with a revolutionary value, during the panel session titled as Token Sales vs Secondary Market : Opportunities and Challenge in Crypto Secondary Market.
Liaoyuan provides informational and financial support for early-stage startups by connecting investors and startups of the U.S. and China. Liaoyuan’s services include startup event planning, IT consulting, and incubation for early-stage projects.
Tradeterminal builds data-driven algorithmic trading software with its owned data and research center. Its data allows a qualified automatic trading.
The number of attendees in this summit was up to around 200.
by Genta Nakanishi