Observing the growing financialization of cryptoassets at a dizzying pace even amid a bear market, the notion of "tokenize everything" is evolving into a vision of "financialization of everything".

"Financialization is an economic paradigm where the conversion of real economic value into financial instruments and their exchange within the financial system comes to dominate economic institutions, activity and value creation." (Geta Krippner , 2018).

The first cryptocurrency, Bitcoin, originally envisioned a network architected to be outside the centralized financial and monetary system; but in an open and free market, even the traditional financial services industry could not be barred from co-opting the technology - if it makes business sense. "A parallel financial system is forming outside the incumbent financial system, and institutional investors are 'financializing' it as they enter." (Caitlin Long, 2018)

As indication of this financialization, we see some of the largest institutional investors and financial institutions develop various derivatives of cryptoassets - recasting them to exchangeable financial instruments that can be traded, invested on and ultimately managed through the existing financial system.

Further accelerating this rapid financialization is the high regard on the critical role of security tokens in the future of finance, complemented by the policy frameworks being developed by regulators designed to authorize the issuance of cryptoassets as lawfully registered securities or financial instruments.

Plenty to talk about, and certainly interesting insights from our invited -

Panelists:
John Lilic - Director for Enterprise Operations, ConsenSys
Christian Lauron - Senior Partner, SGV
Krys Kucharzyk - Co-Founder, PDAX
Josh Jones - Partner, Standard Alpha
Justin David - COO, Bloom
Lorne Lantz - CTO, Formosa Financial

Moderated by:
Rafael Padilla - Co-Founder, Blockchain Association of the Philippines

We would like to thank our sponsors for this meetup:

- Blockchain Space
- PDAX
- DISH2018
- Asia Blockchain Review

Reminders:
Our community is rapidly growing. We need more volunteers and considerable resource to arrange for our meetups. If you wish to help, sponsor or contribute to this event, please contact our organizers (rafpadilla@farcovelaw.com).

This is a free event. No need to seek permission if you wish to attend although we need you to RSVP.

Our open forum welcomes discussion of other topics not necessarily relevant to the announced theme. However, please allow the organizers opportunity to moderate the discussions.

Rafael Padilla

Makati Digital Currency

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Distributed Ledger Technology

Financialization of Cryptoassets

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Financialization of Cryptoassets

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