Consensus 2024 Key Takeaways

Amberdata was proud to sponsor Consensus 2024, the world’s largest, longest-running, and most influential crypto gathering of the year. The conference took place May 29-31 in Austin, Texas. Leading up to the event, the industry had a few solid wins such as the BTC ETF approval, progress on FIT21 and ETH ETFs, and increasing openness from government agencies to learn about the technology. This bullish institutional energy was in full force at the conference.

Shawn Douglass, CEO and Co-Founder of Amberdata, was in attendance alongside key members of our team: Senior Account Executives Ryan Davis, Taylor Travis, as well as Max Koenig, our Sales Engineer, and Erel Saul, Strategic Account Manager.

As part of our participation, Amberdata co-hosted an exclusive VIP dinner with KPMG at Perry’s Steakhouse on May 28th. The dinner was tailored specifically for financial services leaders and executives in the digital assets space. Attendees had the opportunity to connect with peers ahead of the conference to share insights and make new connections.

In addition to the VIP dinner, Amberdata showcased our latest products and services at Booth #1902, which was conveniently located near the Main Stage. The booth was very busy with both current and prospective customers. We also got some press attention!

Our cool swag got an honorable mention and made a few appearances at the side events.

Key Takeaways

• The institutions are here and ready to demonstrate their participation. Some large firms had 25+ employees attending. Franklin Templeton's President and CEO, Jenny Johnson, highlighted the revolutionary potential of blockchain technology in traditional finance to streamline operations, reduce costs, and pioneer RWA tokenization.
• Consolidated trading is coming. NYSE President Lynn Martin indicated she is open to offering crypto trading, but the lack of clear regulatory guidance is an obstacle, "If there was clear regulatory guidance, it would be an opportunity to look at."
• The Wirehouses are curious. Catherine Wood, Founder and CEO at ARK Investment Management, LLC,  noted "a level of informed questions from major wire platforms," noting their deep diligence on the technology, infrastructure, and risks. 

• The CFTC is listening. CFTC Commissioner Summer Mersinger emphasized a desire to engage with crypto leaders in policy discussions. "Congress is here to help us think through difficult problems and how the law applies to new things." 

Thank you to everyone who came by our booth - we will see you in 2025!