Markus Thielen Discusses Institutional Adoption and FX-Crypto Convergence

Streamlining cross-border transactions and reducing fraud, tracking of immutable trading information to and from the owner, transparency for auditing processes and enhanced security, the benefits of blockchain in finance in limitless. However, many are hesitant about stepping into the global blockchain industry in the banking and finance industry, even with a CAGR of 62.7% since 2016, expecting to reach $20.03 billion by 2024. Couple that with the high computational requirements and difficult interoperability, there’s a slow growth in blockchain technology.

Markus Thielen is the Head of Research & Strategy (Cryptocurrency) at Matrixport, a one-stop digital assets financial services platform with $4 billion in assets under management. With a heightened increase in decision-making speed and efficiency, can blockchain be the secret behind a breakthrough for financial platforms? With 16 years of experience and the current Founder and Head of Research and Crypto at 10x Research, Markus discusses it all.

In this collaboration with Blockhead, he dives into,

• Blockchain’s security through decentralization, allowing for heightened verification and work processes to be quicker.
• Is the evolution of regulations in the financial markets hindering the progress of blockchain adoption, or is it for a better future?
• There’s a strong demand for regulations in the crypto industry, and an even stronger need for regulation frameworks.
• What are the consequences when regulations advance quicker than the rate of guidance?

With financial hubs like Singapore and Hong Kong establishing frameworks for monitoring and regulating blockchain, find out if you’re missing out on something great!