Simon Kim, CEO of Hashed and a number one determine in the {industry} blockchain from Korea, shared his ideas on the important thing developments that will form cryptocurrencies in 2025 and past. Under Kim’s management, Hashed has expanded past a enterprise capital agency to turn out to be a serious participant in Web 3.0 investments.
The firm has helped form the ecosystem blockchain of Korea by initiatives similar to co-organizing the Korea Blockchain Week (KBW), the blockchain largest in the nation, run teaching programs for Web 3.0 builders and help coverage analysis blockchain.
What developments do you anticipate in the crypto {industry} for 2025?
In this unique interview, Kim talks about international cryptocurrency developments, highlighting the rising significance of stablecoinsthe rising connection between AI and blockchainand how markets world wide are responding to modifications in US crypto insurance policies. From an industry-wide perspective, Bitcoin and stablecoins They will be extremely necessary in 2025.
With the brand new US administration taking a pro-crypto stance, Bitcoin is more and more positioning itself as a strategic reserve asset. Some nations exterior the United States are reportedly already starting to build up Bitcoin as a strategic reserve asset. The stablecoins They are one other key sector.
Read extra: Popular native token lending platforms in 2025
The transaction quantity of stablecoins It has already surpassed Visa’s transaction quantity, with greater than $200 billion in issuance. Although the primary use of stablecoins has been in exchanges of cryptocurrencies and DeFi, we hope to see its adoption in the buying and selling International and retail funds accelerating in 2025.
In the crypto-native scene, the intersection of cryptocurrencies and AI will be the largest agenda. We are already seeing explosive development in the tokenization of AI brokers. There can also be a rising recognition of the necessity for decentralized AI fashions. For instance, though OpenAI isn’t actually ‘open’, Meta Flame has proven that open supply AI can develop extra profitably.
However, there may be at the moment no incentive mannequin for builders in these open ecosystems. Creating decentralized governance fashions and incentives for AI will be a key experiment in 2025.
Why are stablecoins seen as having a bonus for the US greenback?
The stablecoins They signify a major alternative for US greenback dominance. While the US greenback represents a restricted portion of worldwide foreign money reserves, it dominates virtually 99% of the foreign money market. stablecoins.
This basically expands the USD’s territory in the digital house. From the US perspective, there isn’t any motive to withstand this pattern: non-public corporations are successfully increasing the greenback’s dominance in digital areas with out authorities intervention. This aligns nicely with US pursuits because it strengthens the greenback’s place in the digital economic system.
Read extra: What are stablecoins and what are they for?
Furthermore, in comparison with conventional money transactions or worldwide financial institution transfers, stablecoins Properly regulated with KYC/KYB compliance can provide higher monitoring capabilities for monetary actions.
As the US positions itself, what coverage modifications ought to different nations think about?
During his latest go to to the New York Stock Exchange, Trump spoke extra about cryptocurrencies than shares, signaling a major change in the course of US monetary coverage. The impression of cryptocurrencies and blockchain America’s funds are about to blow up, and many nations, together with Korea, are lagging behind in adapting to this modification.
Policymakers in a number of nations want to acknowledge the urgency and timing of this international change. Many nations have quite a few pending payments associated to cryptocurrencies and blockchaintogether with safety token rules, however progress has been gradual.
The United States is actively embracing crypto innovation in its monetary sector, and different nations have to maintain as much as keep their aggressive benefit in the worldwide monetary market. This is not only about staying up-to-date, however about benefiting from alternatives in the evolving international monetary panorama.
When a serious economic system just like the United States alerts such a transparent course in crypto coverage, nations should rigorously think about their place and response to keep away from being left behind in this digital monetary transformation.
What are the important thing traits of the Asian crypto market?
The most notable characteristic of the Korean market is its highly effective retail investor base. However, this market has developed completely round retail traders, with just about no institutional participation.
Without institutional funding merchandise, particular person traders are pressured to turn out to be consultants on their very own, resulting in better vulnerability to unreliable data and potential fraud. In phrases of improvement capabilities, Korea excels in purposes moderately than infrastructure. Even in the Web 2.0 period, when Korean unicorns, most have emerged from the appliance and content material sectors.
As the sector blockchain transitions from an infrastructure-centric period to 1 the place purposes flourish throughout a number of computing platforms. mainnetKorean builders have a major alternative forward, significantly in constructing international purposes with blockchain know-how.
How is Hashed positioned in this market?
What units us aside from different Web 3.0 VCs is our vital give attention to utility investments. While prime cryptocurrency VCs in the United States have round 80-90% of their portfolios in infrastructure layers — Layer 1, Layer 2 or different infrastructure initiatives — greater than 50% of our investments are in purposes.
We had been one of many first VCs to speculate in the Web 3.0 gaming sector in 2018. We had been lead traders in vital initiatives similar to Sky Mavis, which created Axie Infinity, and The Sandbox. At the time, only a few VCs had been investing in video games blockchain as a consequence of considerations about Ethereum’s transaction velocity and scalability.
What differentiates Hashed’s funding method from different Web3 VCs?
Hashed headquarters makes two sorts of investments: funding in shares by Hashed Ventures and direct funding in cryptocurrencies by our personal capital. In Korea, since enterprise funding associations can not immediately make investments in cryptocurrencies, we function by two separate funding automobiles.
Read extra: Web3 what’s it? Everything you could know
We even have a number of enterprise creation subsidiaries, being ‘UNOPND’ an impressive instance. As our incubator centered on leisure and gaming, UNOPND created MODHAUS, a Ok-pop leisure firm, which has achieved vital success with its first IP, tripleS.
Unlike most funding corporations that focus solely on funding actions, we mix investments with filling gaps in the ecosystem to advertise mass adoption of crypto. That is why we place ourselves as an “ecosystem builder”, with our essential imaginative and prescient being the mass adoption of know-how blockchain.
Disclaimer
Disclaimer: In accordance with Trust Project pointers, this opinion piece presents the attitude of the creator and might not essentially replicate the views of BeInCrypto. BeInCrypto stays dedicated to clear reporting and upholding the best journalistic requirements. Readers are suggested to independently confirm the data and seek the advice of an expert earlier than making choices based mostly on this content material.
