Coinhako CEO Yusho Liu: Southeast Asia's Crypto Market is Shifting from "Speculation-Driven" to "Institutional Infrastructure-Driven"

Odaily News At the Consensus Hong Kong conference, Coinhako CEO Yusho Liu stated during a panel discussion that the Southeast Asian crypto market is undergoing a three-tier evolution:

The first tier is "Trading and Speculation," which serves as the industry's marketing engine and the early entry point for regional users to access global markets.

The second tier is "Stablecoin Adoption," which has already achieved real-world use in scenarios such as actual capital management and cross-border payments.

Currently, the market is entering the third tier: "The Construction of Institutional-Grade Infrastructure."

Yusho pointed out that components such as custody, compliant trading platforms, and prime brokerage are rapidly taking shape within the region, progressing alongside the regulatory framework.

Furthermore, Yusho indicated that Coinhako's future strategic focus is on serving the infrastructure development for financial institutions and traditional financial networks within the region, ultimately aiming to make crypto technology become "an underlying protocol embedded within traditional finance—invisible to users yet indispensable."