Asia will witness a spike
in cryptocurrency next ...
Asia might become a center of activity.
One indication of increasing regional usage, according to Jin, is Metaplanet's Bitcoin treasury strategy. She stated, "It's not just a MicroStrategy story anymore," adding that worries about Japanese currency depreciation have made Bitcoin a desirable hedge. She also believes that financial engineering with a crypto component has a future.
A precedent has been established by Strategy's use of convertible notes to offer yield and upside exposure. "I completely anticipate a surge of structured products from big banks like JP Morgan and Goldman Sachs," Jin stated.