
Propine Webinar Series: Considerations For Digital Asset Investment
For existing members, please login here
Discussion Topics
- What are the considerations investors need to keep in mind when seeking exposure to this asset class?
- What are the specific risk factors involved and how best to navigate them?
- What is power of portfolio diversification?
- What are the advantages and disadvantages of owning digital asset investments?
Introduction
While 2021 has been a pivotal year for digital assets, especially after reaching a market cap of over $3 trillion in November, the recent crypto crash as inflation and recession fears gripped the market had caused Bitcoin to lose two-thirds of its value since its record high with an array of altcoins also plummeted.
The Terra ecosystem collapsed in May, and Singapore-based Three Arrows Capital is being liquidated due to the sharp sell-off in crypto markets. Several previously invincible hedge funds and high-profile lenders were put in jeopardy when crypto collateral that once supported loans became deeply discounted or illiquid.
Despite all of this, investors continue to be interested in digital assets, according to Bank of America’s June 2022 survey of over 1000 people. Nine out of ten people said they planned to purchase crypto in the next six months, the same number as those who had purchased in the past six months.
Digital assets may still be a good investment notwithstanding their high risk and volatility. Perhaps the most fundamental question is: What are the considerations investors need to keep in mind when seeking exposure to this asset class?
To assist investors in making informed investment decisions, they need to be aware of the specific risk factors of investment in digital assets involved such as price volatility, liquidity, technology, operational, credit, counterparty, custody, valuation, legal, regulatory and tax risks.
Join us as we bring together a panel of industry leaders to discuss what are the issues to take into account when investing in digital assets, the specific risks factors involved, and the power of portfolio diversification.
The discussion will provide insights into how to best navigate the risks involved when considering for digital asset investment and also enlighten attendees about the advantages and disadvantages of owning them.
Speakers Bio:
Johnson Chen
Founder and CEO of CapBridge
Johnson is the Founder & CEO of digital finance group, CapBridge Financial – a comprehensive fully regulated private markets ecosystem comprising of global private markets platform CapBridge, and secondary trading private exchange 1exchange (1X). An active angel investor and experienced business builder, Johnson has also spent over 20 years incubating and steering growth companies, including founding and listing two companies on SGX: Clearbridge Health and Biolidics.
Steve Knabl
COO & Managing Partner of Swiss-Asia Financial Services
Steve Knabl, a Swiss national, joined Swiss-Asia in January of 2008, and has 20 years’ experience working in the Trading, Wealth Management and Alternative Funds space. Before joining the Swiss-Asia team, Steve spent 10 years as the Head of Trading and Treasury for Swissquote Bank in Geneva. Steve is also registered as a Professional Director with the Cayman Islands Monetary Authority and sits on the board of Directors of a large panel of Hedge Funds.
Tuhina Singh
Co-Founder and CEO of Propine
In a career spanning over 18 years, Tuhina has made markets for institutional investors in several asset classes, set up derivatives trading desk for a private Indian bank from scratch and successfully led the implementation of Calypso for a bank treasury before becoming an active participant in the Singapore crypto space from 2015. She is a computer engineer graduate from the prestigious BITS Pilani and an MBA graduate from the premier Indian Institute of Management, Lucknow.
Benjamin Tsai
Co-Founder and President of Wave Financial
Benjamin Tsai is formerly a SVP, Senior Portfolio Manager and Head of Alternative Investments Asia at AllianceBernstein. Also, He is formerly CEO of Merrill Lynch Singapore Commodities and MD for Bank of America in charge of multi-asset structuring in Asia with 12 years of experience on the trading floor. Ben graduated from UC Berkeley with a BS in material science and engineering, and UCLA with a MBA. He currently teaches crypto finance at the Anderson School at UCLA.
Moderator
Simon Cleary
Founder and Director of SC Solves
Simon’s career has covered a broad range of responsibilities and functions including as COO, Business Head, Head of Global Products and Head of Strategy for global businesses. Most recently he spent 12 years in Singapore with Standard Chartered, having previously worked for Brown Brothers Harriman, SWIFT, Citi, Bank of New York and Chase Manhattan Bank. He was recognized by Global Custodian magazine in 2009 as a ‘Legend of Securities Services’ and inducted into their Hall of Fame.