Polygon, co-founder Sandeep Nailwal shared important information about the development of the Polygon ecosystem at the Token2049 conference. Polygon plans to invest $1 billion to develop a scalable solution based on zero-knowledge (ZK) proofs to further enhance the Ethereum ecosystem.

DeFiance Capital, said at the Token2049 Singapore "Generating Alpha: Navigating Crypto Markets" roundtable discussion: "Most people invest in cryptocurrencies because they are excited about the technology, vision, and products. But I think now, there are many cryptocurrency investors who need to become macro experts, legal experts, and regulatory experts. We have spent a lot of time researching these, but this is not entirely what we need to do in the cryptocurrency field. I look forward to how we can focus more on the fundamentals of cryptocurrencies, rather than focusing on the introduction of spot Bitcoin ETFs and regulatory actions. I hope this mistake can be corrected."

Cameron Winklevoss, co-founder and president of the cryptocurrency trading platform Gemini, said during the "Fireside Chat: Cameron and Tyler Winklevoss" session at Token2049 in Singapore:

Giovanni Vicioso, stated at the Singapore Token2049 "Institutionalization of Digital Assets" roundtable discussion: Just as we need regulatory agencies to work together, everything is to protect users and ensure asset safety. Rather than formulating nationalist regulatory policies, it is better to formulate more universal policies. We have seen the strengthening of regulation, moving from accusatory regulation in the past to more clear rules and standards. In addition, in this field, private brokerage business is necessary, and we hope to see developments in this area soon.

Pradyumna Agrawal, Managing Director of Temasek, stated at the Singapore Token2049 "Institutionalization of Digital Assets" roundtable: Starting from next quarter, Singapore will be able to conduct global fund flows in real-time with USD. This is not tokenizing funds, but creating new digital payment infrastructure, which can achieve real-time, 24/7 fund flows.

Pradyumna Agrawal, Managing Director of Temasek, said at the Singapore Token2049 "Institutionalization of Digital Assets" roundtable: "In terms of key management, individual key management solutions and institutional key management solutions for interacting with encrypted assets are different. Institutions will fully adopt a fully encrypted approach that directly faces consumers, and any institution needs a certain security protection process. Cash risk management is still important, and I don't think we can hope it will disappear. There are problems with the banking system, but there are also problems with stablecoin issuance systems.

Chris Rhine, the Managing Director of Galaxy, stated at the "Institutionalization of Digital Assets" roundtable at Token2049 in Singapore: The original cryptocurrency investors are very concerned about decentralization, but when you really want to expand a technology, you need to provide protection for users. My view is that to truly make cryptocurrencies mainstream, more centralization needs to be introduced.

Wintermute co-founder Evgeny Gaevoy said at the Token2049 "Institutionalization of Digital Assets" roundtable in Singapore: Six years ago, cryptocurrency was almost an unpopular term, and most people were reserved about it. But now, on the one hand, we see Bitcoin on the large exchanges in Sydney, and we see a large number of Bitcoin applications launched by almost all major asset management companies.

Wintermute co-founder Evgeny Gaevoy said at the "Institutionalization of Digital Assets" roundtable in Singapore Token2049: I have been doing market making in traditional markets for 10 years, especially in cash trading, various settlement modes, and sending cash overseas for payment. Although the efficiency is already high, it is far less efficient than putting it on the blockchain. We started with stablecoins, which can be a huge catalyst for improving settlement. Because you can actually eliminate the dependence on banks in settlement, which is obviously an improvement.

Giovanni Vicioso, the global head of CME Group's cryptocurrency products, stated at the Singapore Token2049 "Institutionalization of Digital Assets" roundtable discussion: I believe that DeFi will replace traditional finance, but they should coexist. Some institutions have truly adapted to DeFi, but I think more work needs to be done, especially in regulatory agencies. There needs to be relevant regulations and clear definitions of how these developers design these protocols to ensure that they can operate normally and attract institutional participation.