Quantcast
Tighter rules make an impact on UK crypto markets
Why Are French Men Making Cryptocurrency Bets?
Incubateurs Web3 : lequel choisir ?
Serena lance un fonds de 100 millions d'euros
How Misinformation On Hamas And Crypto Fooled Nearly 20% Of Congress
Ether Soars After BlackRock Files for Spot Ethereum ETF
The crypto ATM business is somehow still booming
Le « made in France », victime à son tour de l’inflation
La start-up française Quandela lève 50 millions d’euros pour fabriquer des ordinateurs quantiques
Emmanuel Macron apporte son soutien à un projet de musée du jeu vidéo lancé par un youtubeur
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
UK sets out proposals to bring stablecoins into real economy
Why crypto is a poor relation of digital payments
Sam Bankman-Fried: the fallen ‘king of crypto’
Binance to Shut Down Ruble Payment Partnership
Tokenisation : BNP Paribas avance lentement, mais sûrement
Bitcoin: approval of an ETF could boost its price by 74% over one year
"Les cryptomonnaies ne servent à rien” : 10 exemples qui prouvent le contraire
Les cryptomonnaies permettent-elles de financer le terrorisme ?
Binance’s UK marketing push halted by regulator
Alexandre Tsydenkov (NFT Paris) : “Il faut mettre en avant ceux qui font avancer le Web3”
‘FTX was not fine’: How Sam Bankman-Fried’s tweets became central to his trial
Start-ups crypto : une reprise en trompe-l’oeil
Le PDG de Binance aurait refusé de payer 40 millions de dollars à SBF pour créer un exchange crypto en 2019
Bank of France Deputy Governor Views CBDCs as A Catalyst For Cross-border Payments
Le procès de Sam Bankman-Fried, le « Mozart des cryptomonnaies », et de la faillite de FTX s’ouvre à New York
France welcomes U.S. crypto companies looking for legal certainty
Binance CEO: France has proper crypto currency regulations
Blockchain executive: digital currency market in France 'resilient and abundant'
Europe : les grands enjeux qui attendent l’écosystème crypto

Republic CEO: 'Digitized financing' could be 'accessible to the true retail public'

Web3/Crypto
Webp edited
Kendrick Nguyen, CEO of Republic (2nd from the left) | Crypto Republique

Kendrick Nguyen, CEO of Republic, said that digitized financing could become "accessible to the true retail public," allowing consumers to invest in "real-world assets." This statement was made during his presentation at Binance Blockchain Week.

"We are talking about digitized financing, which is the private markets completely digitized, accessible to the true retail public," said Nguyen. "Taylor Swift tomorrow, allowing all of her fans to invest in a song revenue sharing, very much real-world assets. One of these days, you're going to have tokenized people on-chain... So all of a sudden, you're going to have hundreds of millions of people caring about what it means to be on-chain."

According to a 2023 report by Boston Consulting Group (BCG), the tokenized asset market is projected to grow from $1.5 trillion to $16.1 trillion by 2030. The outlook for borderless, on-chain investments appears promising.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The BCG report further indicates that real estate tokenization alone could contribute up to $3.2 trillion to the overall market. By enhancing liquidity, simplifying operations, and enabling borderless access, tokenization is transforming investor engagement with high-value assets and fostering more inclusive global markets.

Traditional alternative investments often require minimum investments exceeding $250,000, creating barriers for many individuals. Bain & Company reports that tokenization can reduce these minimum investment amounts to as low as $1,000, thereby "broadening the investor base significantly" and allowing more individuals to participate in high-value asset markets. This democratization of access can lead to a more inclusive financial system.

Nguyen has co-founded fintech startups and advised investment funds, startups, and blockchain projects. He previously worked in business management, product strategy, and investing and has a background in law and academia.

Binance Blockchain Week is a conference that brings together innovators, founders, investors, regulators, and officials to discuss the future of blockchain and Web3. According to the event's website, this year's theme is "Momentum." The website states: "Momentum propels our industry, not only taking us through challenges but also leading us to our biggest achievements."

Organizations Included in this History
More News

The UK cryptocurrency market continues to pose challenges for exchanges as they adapt to stricter regulatory requirements. Cryptocurrency exchange Bitget recently relaunched its UK platform after halting services in May 2024 to comply with the UK Financial Conduct Authority’s (FCA) Financial Promotions regime. This relaunch reflects Bitget’s efforts to align with the FCA’s evolving standards, aimed at enhancing consumer protection in the digital asset space.

Nov 24, 2024

The Italian government recently announced a plan to increase the capital gains tax on bitcoin and other cryptocurrencies from 26% to 42%. This proposal, part of broader fiscal measures to support election pledges and reduce Italy’s fiscal deficit, has raised concerns among cryptocurrency investors and industry leaders.

Nov 24, 2024

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024