In this interview, we sat down with Mr. Elyashiv to get his take on recent developments and discover more about what it takes to secure a slice in the highly competitive industry. What follows is the summary of our conversation.
Why Did You Choose Fusang Exchange as the New Destination for SPiCE Listing? and What Does It Mean to Be the First Digital Security to Debut Trading There?
"In addition, Fusang is one of the first Asian regulated security exchanges, that is also a licensed digital security exchange. Fusang integrated technology and process wise with Securitize’s DS protocol which allows us to ensure full regulatory compliance in real time."
SPiCE Is Already Available for Trading on Openfinance, So How Fusang’s Listing Could Make a Difference?
"Digital Security technology allows transparent and regulatory compliant listing of the SPiCE security on multiple exchanges. Given the early stage of the market, it is important for us to enhance liquidity options for our investors.
"OpenFinance has not, to date, lived to its full potential of liquidity for several reasons, one of which is the fact that it is a non custodial marketplace, which results in a cumbersome process of onboarding clients and trading. Fusang is targeting Asian markets (although it is available to investors from most other jurisdictions) and created exposure to liquidity in those markets. Also, the services and tools Fusang offers its clients are more advanced and user friendly than the ones offered by OpenFinance, and Fusang is also licensed as a securities custodian, which can also improve liquidity."
Do You Expect the New Listings to Better Reflect SPiCE VC’s Performance and Improve the Token Ranking?
"The SPICE security’s value is directly derived from the value of SPiCE VC’s investment portfolio value. This is because the security entitles the holder to full economic rights on the performance of the investment portfolio (pro-rata). Exactly like the economic rights LPs in a traditional VC fund are entitled to.
"As a result, we expect market forces to keep SPiCE’s price somewhere around the last NAV per token published (we publish a NAV report quarterly) as it is the best proxy to the value of the security.
"However, liquidity does have a value. There are different numbers thrown around, but it seems that the market values liquidity vs. no liquidity on similar assets at somewhere in the 30% - 50% premium. So, if listing on Fusang will end up improving liquidity, it will improve SPICE’s theoretical value.
"However, the best thing we can do to improve SPICE’s value and rating is to keep on doing extremely well in terms of the investments we make and the investment portfolio performance. So far, over the first two years, the portfolio value has appreciated by 65%, very impressive for a VC fund, where the initial years are usually on the downward slope of the j-curve."
How Far Has Your Recent Partnership with Coinbase Custody C Boosted the Appeal of SPiCE among Institutional Investors, in Particular?
"It is significant. As the digital securities market matures from very early adopters to mainstream, institutional investors and banks are beginning to join the ecosystem. We have seen a lot of that in 2019 and this year. Some names include HSBC, Fidelity, World Bank, Santander, Societe Generale, MUFG, SIX, Credit Suisse. As part of this movement, many ecosystem components in the digital securities industry need to develop in order to support the need of large players and institutional players.
"Third party custody is certainly one of these services. Since in our current raise (the second closing of the fund) we are talking to large family offices, funds of funds and institutional investors, it is important for us to ensure that these services/components will be there to support SPICE for the benefit of these investors.
"The coinBase partnership is a significant part of that. We are also in conversation with several traditional financial institutions who provide 3rd party custody services for securities today about supporting the SPICE security as well."
Overall, Do You Believe Digital Securities Platforms like Fusang Provide an Opportunity for Blockchain Companies That Most Likely Will Remain Overlooked by Traditional Exchanges?
"Yes. They do. And there is some value in that, but I believe that this is relatively temporal and more indicative of the early stage of the industry we are in.
"I think that in the grand scheme of things, this is likely to have little impact on the overall growth of the digital securities space.
"We believe, and the last two years support this vision well, that the whole securities/capital-markets industry will be digitized within 10-15 years. This will be the way all securities, private or public are done. There is over $1.5 Quadrillion worth of assets globally that can be digitized (Bonds, stocks, derivatives, real-estate, etc). This is a huge potential and requires a significant buildup of technology and services.
"What will drive this growth is participation and adoption by banks, large issuers, institutional investors and major capital market players. This movement has already started in 2019 and is accelerating by the day.
"Ultimately, the interest in financial assets is derived by their perceived value. Valuable assets will find their way to more central venues (major exchanges) while others will be traded on more minor exchanges and marketplaces – exactly as it happens with traditional securities."
In this interview, we sat down with Mr. Elyashiv to get his take on recent developments and discover more about what it takes to secure a slice in the highly competitive industry. What follows is the summary of our conversation.
Why Did You Choose Fusang Exchange as the New Destination for SPiCE Listing? and What Does It Mean to Be the First Digital Security to Debut Trading There?
"In addition, Fusang is one of the first Asian regulated security exchanges, that is also a licensed digital security exchange. Fusang integrated technology and process wise with Securitize’s DS protocol which allows us to ensure full regulatory compliance in real time."
SPiCE Is Already Available for Trading on Openfinance, So How Fusang’s Listing Could Make a Difference?
"Digital Security technology allows transparent and regulatory compliant listing of the SPiCE security on multiple exchanges. Given the early stage of the market, it is important for us to enhance liquidity options for our investors.
"OpenFinance has not, to date, lived to its full potential of liquidity for several reasons, one of which is the fact that it is a non custodial marketplace, which results in a cumbersome process of onboarding clients and trading. Fusang is targeting Asian markets (although it is available to investors from most other jurisdictions) and created exposure to liquidity in those markets. Also, the services and tools Fusang offers its clients are more advanced and user friendly than the ones offered by OpenFinance, and Fusang is also licensed as a securities custodian, which can also improve liquidity."
Do You Expect the New Listings to Better Reflect SPiCE VC’s Performance and Improve the Token Ranking?
"The SPICE security’s value is directly derived from the value of SPiCE VC’s investment portfolio value. This is because the security entitles the holder to full economic rights on the performance of the investment portfolio (pro-rata). Exactly like the economic rights LPs in a traditional VC fund are entitled to.
"As a result, we expect market forces to keep SPiCE’s price somewhere around the last NAV per token published (we publish a NAV report quarterly) as it is the best proxy to the value of the security.
"However, liquidity does have a value. There are different numbers thrown around, but it seems that the market values liquidity vs. no liquidity on similar assets at somewhere in the 30% - 50% premium. So, if listing on Fusang will end up improving liquidity, it will improve SPICE’s theoretical value.
"However, the best thing we can do to improve SPICE’s value and rating is to keep on doing extremely well in terms of the investments we make and the investment portfolio performance. So far, over the first two years, the portfolio value has appreciated by 65%, very impressive for a VC fund, where the initial years are usually on the downward slope of the j-curve."
How Far Has Your Recent Partnership with Coinbase Custody C Boosted the Appeal of SPiCE among Institutional Investors, in Particular?
"It is significant. As the digital securities market matures from very early adopters to mainstream, institutional investors and banks are beginning to join the ecosystem. We have seen a lot of that in 2019 and this year. Some names include HSBC, Fidelity, World Bank, Santander, Societe Generale, MUFG, SIX, Credit Suisse. As part of this movement, many ecosystem components in the digital securities industry need to develop in order to support the need of large players and institutional players.
"Third party custody is certainly one of these services. Since in our current raise (the second closing of the fund) we are talking to large family offices, funds of funds and institutional investors, it is important for us to ensure that these services/components will be there to support SPICE for the benefit of these investors.
"The coinBase partnership is a significant part of that. We are also in conversation with several traditional financial institutions who provide 3rd party custody services for securities today about supporting the SPICE security as well."
Overall, Do You Believe Digital Securities Platforms like Fusang Provide an Opportunity for Blockchain Companies That Most Likely Will Remain Overlooked by Traditional Exchanges?
"Yes. They do. And there is some value in that, but I believe that this is relatively temporal and more indicative of the early stage of the industry we are in.
"I think that in the grand scheme of things, this is likely to have little impact on the overall growth of the digital securities space.
"We believe, and the last two years support this vision well, that the whole securities/capital-markets industry will be digitized within 10-15 years. This will be the way all securities, private or public are done. There is over $1.5 Quadrillion worth of assets globally that can be digitized (Bonds, stocks, derivatives, real-estate, etc). This is a huge potential and requires a significant buildup of technology and services.
"What will drive this growth is participation and adoption by banks, large issuers, institutional investors and major capital market players. This movement has already started in 2019 and is accelerating by the day.
"Ultimately, the interest in financial assets is derived by their perceived value. Valuable assets will find their way to more central venues (major exchanges) while others will be traded on more minor exchanges and marketplaces – exactly as it happens with traditional securities."
Australian Broker Blueberry Builds Out LATAM Team With Another Hire
Featured Videos
Funding & Exit in Singapore from Pre-Seed to Liquidity
Funding & Exit in Singapore from Pre-Seed to Liquidity
Funding & Exit in Singapore from Pre-Seed to Liquidity
Funding & Exit in Singapore from Pre-Seed to Liquidity
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
AI Getting Real for Brokers
AI Getting Real for Brokers
AI Getting Real for Brokers
AI Getting Real for Brokers
AI Getting Real for Brokers
AI Getting Real for Brokers
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Market Hype or Must‑Have Offering? Crypto’s Impact on Retail FX | Finance Magnates Webinar
Market Hype or Must‑Have Offering? Crypto’s Impact on Retail FX | Finance Magnates Webinar
Market Hype or Must‑Have Offering? Crypto’s Impact on Retail FX | Finance Magnates Webinar
Market Hype or Must‑Have Offering? Crypto’s Impact on Retail FX | Finance Magnates Webinar
Market Hype or Must‑Have Offering? Crypto’s Impact on Retail FX | Finance Magnates Webinar
Market Hype or Must‑Have Offering? Crypto’s Impact on Retail FX | Finance Magnates Webinar
Is crypto hype or a real opportunity for retail FX?
In this webinar, Gold-i and Finance Magnates bring together industry leaders to discuss how digital assets are reshaping the retail trading landscape.
🎙️ Featuring:
Tom Higgins, CEO, Gold-i
Niall Healy, COO, TradeNation
Norayr Djerrahian, CCO, Hantec
Topics include:
• Regulatory challenges and adoption hurdles
• Liquidity and operational risks
• The future role of crypto in retail FX
• Industry confidence in scaling crypto offerings
• Crypto products with the strongest growth potential
Watch now to hear expert perspectives on whether crypto is hype, opportunity, or an inevitable evolution of retail trading.
#Crypto #RetailFX #Forex #Trading #DigitalAssets #Fintech #Webinar #FinanceMagnates #Goldi
Is crypto hype or a real opportunity for retail FX?
In this webinar, Gold-i and Finance Magnates bring together industry leaders to discuss how digital assets are reshaping the retail trading landscape.
🎙️ Featuring:
Tom Higgins, CEO, Gold-i
Niall Healy, COO, TradeNation
Norayr Djerrahian, CCO, Hantec
Topics include:
• Regulatory challenges and adoption hurdles
• Liquidity and operational risks
• The future role of crypto in retail FX
• Industry confidence in scaling crypto offerings
• Crypto products with the strongest growth potential
Watch now to hear expert perspectives on whether crypto is hype, opportunity, or an inevitable evolution of retail trading.
#Crypto #RetailFX #Forex #Trading #DigitalAssets #Fintech #Webinar #FinanceMagnates #Goldi
Is crypto hype or a real opportunity for retail FX?
In this webinar, Gold-i and Finance Magnates bring together industry leaders to discuss how digital assets are reshaping the retail trading landscape.
🎙️ Featuring:
Tom Higgins, CEO, Gold-i
Niall Healy, COO, TradeNation
Norayr Djerrahian, CCO, Hantec
Topics include:
• Regulatory challenges and adoption hurdles
• Liquidity and operational risks
• The future role of crypto in retail FX
• Industry confidence in scaling crypto offerings
• Crypto products with the strongest growth potential
Watch now to hear expert perspectives on whether crypto is hype, opportunity, or an inevitable evolution of retail trading.
#Crypto #RetailFX #Forex #Trading #DigitalAssets #Fintech #Webinar #FinanceMagnates #Goldi
Is crypto hype or a real opportunity for retail FX?
In this webinar, Gold-i and Finance Magnates bring together industry leaders to discuss how digital assets are reshaping the retail trading landscape.
🎙️ Featuring:
Tom Higgins, CEO, Gold-i
Niall Healy, COO, TradeNation
Norayr Djerrahian, CCO, Hantec
Topics include:
• Regulatory challenges and adoption hurdles
• Liquidity and operational risks
• The future role of crypto in retail FX
• Industry confidence in scaling crypto offerings
• Crypto products with the strongest growth potential
Watch now to hear expert perspectives on whether crypto is hype, opportunity, or an inevitable evolution of retail trading.
#Crypto #RetailFX #Forex #Trading #DigitalAssets #Fintech #Webinar #FinanceMagnates #Goldi
Is crypto hype or a real opportunity for retail FX?
In this webinar, Gold-i and Finance Magnates bring together industry leaders to discuss how digital assets are reshaping the retail trading landscape.
🎙️ Featuring:
Tom Higgins, CEO, Gold-i
Niall Healy, COO, TradeNation
Norayr Djerrahian, CCO, Hantec
Topics include:
• Regulatory challenges and adoption hurdles
• Liquidity and operational risks
• The future role of crypto in retail FX
• Industry confidence in scaling crypto offerings
• Crypto products with the strongest growth potential
Watch now to hear expert perspectives on whether crypto is hype, opportunity, or an inevitable evolution of retail trading.
#Crypto #RetailFX #Forex #Trading #DigitalAssets #Fintech #Webinar #FinanceMagnates #Goldi
Is crypto hype or a real opportunity for retail FX?
In this webinar, Gold-i and Finance Magnates bring together industry leaders to discuss how digital assets are reshaping the retail trading landscape.
🎙️ Featuring:
Tom Higgins, CEO, Gold-i
Niall Healy, COO, TradeNation
Norayr Djerrahian, CCO, Hantec
Topics include:
• Regulatory challenges and adoption hurdles
• Liquidity and operational risks
• The future role of crypto in retail FX
• Industry confidence in scaling crypto offerings
• Crypto products with the strongest growth potential
Watch now to hear expert perspectives on whether crypto is hype, opportunity, or an inevitable evolution of retail trading.
#Crypto #RetailFX #Forex #Trading #DigitalAssets #Fintech #Webinar #FinanceMagnates #Goldi
FM Daily Brief – 9 June 2026
FM Daily Brief – 9 June 2026
FM Daily Brief – 9 June 2026
FM Daily Brief – 9 June 2026
FM Daily Brief – 9 June 2026
FM Daily Brief – 9 June 2026
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
