Top Takeaways from DigiAssets 2024

Amberdata was proud to sponsor DigiAssets 2024 on May 14th and 15th in London. Europe’s leading digital assets conference for institutional market participants brought together 600+ traditional financial institutions to explore the adoption of digital assets, investment strategies, and the impact of blockchain technology on business models.

Greg Magadini, Director of Derivatives at Amberdata was in attendance with Ryan Davis, Senior Account Executive, and Isabella Henderson, Senior Product Marketing Manager.

At the conference, Amberdata announced the launch of Asset Reference and Classification (ARC), an institutional-grade security master database for digital assets.

“Amberdata’s Asset Reference and Classification (ARC) database is a timely and much-needed contribution to the industry,” said Mira Witzig Borja, VP of Markets Strategic Investments, Citi. "As demand from institutional clients continues to increase, ARC equips these clients with critical infrastructure to derive standardization, transparency, and completeness in their digital asset activities. In turn, we anticipate market participants may find increased confidence in digital assets by ARC connecting disparate dots.”

Greg Magadini participated as a panelist in “Crypto Derivatives Panel: How have products evolved from basic offerings to more sophisticated instruments to enable institutions to gain exposure to the digital assets markets?”. The panel included Jaime Baeza - Founder, ANB Investments, Leon Marshall - CEO of Galaxy Europe and Global Head of Sales, Galaxy, Kok Kee Chong - Chief Executive Officer, AsiaNext, Rafael Zanatta - Digital Assets Sales, Eurex and Matt Milsom - Digital Asset Portfolio Manager, MHC Digital. 

New research from Worldwide Business Research, in partnership with Amberdata, was launched at the conference. The report, From Crypto Adoption to a Tokenised Future, offers a current industry perspective based on a Q2 survey of 100 of the most senior figures working in digital assets. Participants included Chief Investment Officers, Heads of Trading, Portfolio Managers, as well as other executives. Participants shared their insights on the industry-wide challenges they face and the innovative solutions they are bringing to the table.

Takeaways

• Our team noted that firms were attending in greater numbers and breadth - with financial institutions sending more traditionally focused teams along with the digital asset teams. 

• Regulatory, market structure and technology developments indicate the digital assets market is maturing and thus attracting more institutional interest.

• The latest ETF and ETP developments will positively impact the wider market and improve global investor sentiment.

• The UK and European approach to digital assets regulation is fostering both innovation and investor protection.

• Service providers are playing a crucial role in improving market infrastructure to increase efficiencies and decrease both time-to-learn and time-to-market for new participants.

• A digitized capital markets future is fast approaching as institutional exchanges differentiate their services, and established blockchain ecosystems become acceptable platforms for the issuance, trading, reconciliation, and settlement of tokenized assets.

Thanks to everyone who stopped by our booth!