Market wrap: Consumer confidence drops, markets rise, Bitcoin ETF soars

Market wrap: Consumer confidence drops, markets rise, Bitcoin ETF soars

US President Donald Trump’s softened stance on auto tariffs has led to persistent concerns over weakening US economic data. Reports that Trump signed orders to mitigate the impact of his auto tariffs through credits and relief on material levies, combined with hints from his trade team about a potential deal with a foreign trading partner, have bolstered risk sentiment.

This development has provided a temporary reprieve from the intense market volatility that has characterised much of April 2025, driven by fears of escalating trade wars. However, softer-than-expected US economic releases, including a widening trade deficit and declining consumer confidence, underscore the fragility of the current recovery.

As investors digest these mixed signals, major asset classes—from equities to bonds, commodities, and cryptocurrencies—are reflecting a market caught between hope for de-escalation and apprehension about economic slowdown. With key data releases like the US first-quarter GDP and China’s April manufacturing PMI on the horizon, the coming days promise to be pivotal for global markets.

The US equity markets closed Tuesday’s session with modest gains, reflecting the tentative optimism surrounding Trump’s tariff adjustments. The S&P 500 rose 0.58 per cent, the Dow Jones Industrial Average climbed 0.75 per cent, and the Nasdaq advanced 0.55 per cent.

These gains, while modest, mark a shift from the sharp sell-offs earlier in the month, when Trump’s aggressive tariff announcements sent the S&P 500 and Nasdaq into correction territory, with declines exceeding 10 per cent from their February highs. The Dow, less exposed to tariff-sensitive tech sectors, has been relatively resilient but still faced significant pressure, dropping nearly 12 per cent since Trump’s inauguration.

The market’s reaction to the tariff relief suggests investors are cautiously pricing in the possibility of negotiated trade deals, particularly after Treasury Secretary Scott Bessent signalled openness to discussions with foreign partners. However, the persistence of a 10 per cent baseline tariff on most imports and heightened duties on China (now at 145 per cent) keeps uncertainty alive, tempering the rally’s momentum.

Tuesday’s data releases painted a concerning picture. The US trade deficit widened to US$162.0 billion in March, up US$14.1 billion from February’s US$147.8 billion, reflecting the disruptive impact of tariffs on global trade flows. This widening gap, coupled with retaliatory tariffs from major partners like China (84 per cent on US goods) and the European Union, raises fears of a prolonged trade war that could further erode US export competitiveness.

Meanwhile, the Conference Board’s Consumer Confidence Index fell to 86.0 in April, marking its fifth consecutive monthly decline and hitting the lowest level since January 2021. This persistent erosion of consumer sentiment, driven by tariff-induced price increases and economic uncertainty, signals potential headwinds for consumer spending, a critical driver of US GDP.

Economists at Goldman Sachs have raised their recession probability to 35 per cent, citing tariffs as a significant drag on growth. These weak indicators contrast sharply with the market’s upbeat response to tariff relief, highlighting the disconnect between short-term sentiment and longer-term economic risks.

Fixed-income markets also reflected this cautious mood. The 10-year Treasury yield retreated 4 basis points to 4.17 per cent, and the 2-year yield fell 2 basis points to 3.65 per cent. This pullback follows a volatile period where yields surged to 4.4 per cent amid tariff-driven inflation fears. The decline in yields suggests investors are seeking safety in bonds, driven by concerns over economic slowdown and the potential for foreign governments to sell off Treasury holdings in retaliation for US tariffs.

The US Dollar Index, however, edged up 0.23 per cent to 99.24, supported by relative strength against a basket of currencies despite a broader weakening trend in 2025. The dollar’s resilience may reflect lingering confidence in US economic fundamentals, though its year-to-date decline of over five per cent underscores investor unease about tariff-induced disruptions.

Commodities markets, meanwhile, faced downward pressure. Gold, a traditional safe-haven asset, tumbled 0.8 per cent to US$3,315 per ounce as signs of easing US-China trade tensions reduced demand for hedges against uncertainty. Despite this dip, gold remains up 19 per cent in 2025, buoyed by earlier tariff-driven volatility that pushed prices above US$3,160 in March. Brent crude slid 2.44 per cent to US$64 per barrel, reflecting dual pressures: investor anticipation of an OPEC+ production increase and fears that tariffs will dampen global fuel demand.

The oil market’s decline, with Brent hitting a nearly four-year low earlier this month, underscores the broader economic concerns weighing energy markets. These commodity movements highlight the market’s sensitivity to policy shifts and macroeconomic trends, with oil particularly vulnerable to global growth expectations.

In Asia, the MSCI Asia ex-Japan index rose 0.4 per cent on Tuesday, and most Asian equity indices opened higher on Wednesday, buoyed by the US market’s gains and hopes of de-escalating trade tensions. However, the region remains on edge, with Japan’s Nikkei 225 down 10 per cent for the first quarter and Hong Kong’s Hang Seng suffering a 13.2 per cent single-day drop earlier in April, its worst since 1997.

Constrained by Trump’s escalating tariffs, China’s markets have shown muted gains, with Goldman Sachs lowering its 2025 GDP growth forecast for China to four per cent from 4.5 per cent due to trade headwinds. The upcoming release of China’s April manufacturing PMI will be closely watched for signs of resilience or further slowdown in the world’s second-largest economy.

The cryptocurrency market, meanwhile, offered a counterpoint to the broader caution. Bitcoin rose one per cent on Tuesday, approaching US$95,500 before encountering resistance. This uptick follows a volatile period where Bitcoin plunged 10 per cent to below US$78,000 after Trump’s initial tariff announcements. The current momentum, driven by anticipation of Trump’s trade deal rhetoric and his upcoming Michigan rally, suggests Bitcoin is benefiting from its perceived role as a hedge against policy uncertainty.

Posts on X have noted safe-haven flows into Bitcoin alongside gold during peak trade fears. BlackRock’s IBIT ETF set a record with US$970 million in single-day inflows, part of an eight-day buying spree in Bitcoin ETFs that underscores robust institutional demand. However, large redemptions from Fidelity and Ark Invest tempered aggregate deposits to US$591 million, indicating mixed sentiment among investors.

Altcoins outperformed Bitcoin, with Ethereum and Cardano gaining two per centeach, signalling a higher risk appetite among crypto investors. This divergence suggests a shift toward speculative assets, possibly driven by expectations of economic stimulus in response to weakening US labor and consumer data.

Job openings fell to 7.2 million in March, below the 7.5 million forecast, and consumer confidence hit a four-year low, conditions that historically precede Bitcoin rallies. Some analysts project Bitcoin could reach US$140,000 by October 2025 if stimulus measures materialise, though such forecasts hinge on unpredictable policy outcomes.

Looking ahead, the first reading of the US first-quarter GDP and China’s manufacturing PMI will be critical in shaping market direction. A weaker-than-expected GDP could amplify recession fears, potentially triggering further safe-haven flows into bonds and cryptocurrencies.

Conversely, a robust PMI from China could bolster Asian equities and ease concerns about global growth. Trump’s Michigan rally, where he is expected to tout his administration’s first 100 days, will also draw scrutiny for clues on trade policy and Bitcoin alignment, given his cabinet’s recent pro-crypto signals.

In my view, the market’s optimism is fragile, resting on the hope that Trump’s tariff relief and potential trade deals will avert a deeper economic downturn.

The persistent weakness in US economic data and the ongoing trade frictions with China suggest that volatility is far from over. Investors are right to remain cautious, as the interplay of tariffs, inflation, and consumer sentiment could tip the US economy into recession if not carefully managed.

The cryptocurrency market’s resilience, particularly Bitcoin and altcoins, offers a speculative outlet for risk-tolerant investors, but it is not immune to broader economic shocks. I see the coming weeks as a critical juncture, where clarity on Trump’s trade strategy and the trajectory of global growth will determine whether markets can sustain this tentative recovery or succumb to deeper uncertainty.

 

Source: https://e27.co/market-wrap-consumer-confidence-drops-markets-rise-bitcoin-etf-soars-20250430/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j

Why Crypto Marketing Is Missing the Mark: A Personal Take

Why Crypto Marketing Is Missing the Mark: A Personal Take

A few years back, I tossed out a wild idea over drinks with some friends: what if companies had a “Chief Bitcoin Officer”? They laughed it off—thought I was joking, maybe pulling a prank after one too many beers. But here we are, Q2 2025 rolls around, and I’ve met three people sporting that exact title. One of them works for a family office I know well, a group that used to sink its cash into safe, tangible stuff like real estate. Then they dipped their toes into Bitcoin and crypto, and this CBO stepped up. From what I’ve heard, he’s killing it—managing a new chunk of their portfolio that’s doing better than expected, while also playing the public face, charming new investors into the fold. He’s part marketer, part dealmaker, and it’s working like a charm for them. More money, more buzz, more trust. It’s a triple win.

That got me wondering: if a random family office can figure this out, why are some of the biggest names in crypto—those billion-dollar unicorns—acting like marketing’s an afterthought? I mean, where’s the Chief Marketing Officer in these outfits? I couldn’t shake the question, so I started digging. I’ve chatted with folks on the inside—people grinding it out at these companies, plus a few higher-ups willing to spill some tea. What I found is a mix of my own gut feelings and their real-world gripes, all pointing to a glaring gap in how crypto handles its messaging. I won’t name names here—let’s keep it broad—but trust me, there’s a story to tell about what’s missing.

Marketing’s Gotta Matter in Crypto

Look, marketing isn’t just some corporate checkbox—it’s the lifeblood of getting people on board, especially in a world like crypto. You’re selling something most folks don’t fully get yet, something that feels risky or futuristic. I saw a stat from Pew Research a while back—only about one in six Americans had touched crypto by 2023. That’s wild when you think about how much ink gets spilled over it. People need convincing, and that’s where marketing comes in: it’s the teacher, the hype man, the trust-builder all rolled into one. Whether you’re pushing a DeFi app or a blockchain for tracking fish from ocean to plate, you’ve got to show why it’s worth caring about.

And it’s not just about education—there’s a brutal fight for eyeballs out there. I checked CoinMarketCap the other day, and they’re tracking over 23,000 coins as of early 2025. The market’s worth trillions, according to some trends report I read. That’s a packed room, and if you don’t stand out, you’re toast. Bitcoin didn’t just win because of code—it won because people bought into the dream of sticking it to the banks. Good marketing turns tech into a tale, and crypto needs more of that storytelling magic.

The Messy Reality of Crypto Marketing

So why’s it falling flat so often? Well, it’s tricky terrain. For one, a lot of these projects don’t even know who they’re talking to. Are they chasing the 20-something trader on X, the suit at a hedge fund, or my mom who still calls it “internet money”? Crypto users cut across generations—millennials, Gen X—but they’re glued together by tech smarts and a itch for something new. If you don’t get that crowd, your ads and posts just sound like noise.

Then there’s the jargon trap. I’ve tried explaining stuff like “staking” or “layer-2 solutions” to friends, and their eyes glaze over. Over 60% of the crypto newbies that I met would say they might stay out because they’re confused. If your marketing can’t break that down without sounding like a textbook, you’re sunk. Add in the regulatory mess—the big nations are still arguing over rules—and it’s a nightmare to pitch anything consistent. Plus, you’re up against a flood of rivals, and too many play the hype game with cheap tricks that don’t last. Chainalysis reckons shady crypto deals could hit $51 billion this year if the pace keeps up. That’s not a good look for trust.

Who’s Steering This Ship?

Here’s where I get a little fired up: too many crypto marketing gigs are run by people who don’t get it. You need someone who’s lived this stuff—someone who’s held coins through a crash, argued in a Telegram group, knows why gas fees spike. But I’ve talked to folks at big exchanges where the marketing boss comes from some old-school ad agency and doesn’t even own a wallet. One guy told me his team lead couldn’t define a blockchain without stammering. How do you sell something you don’t understand? It shows—campaigns come off stiff or fake, and the crypto crowd can smell that a mile away.

I checked out job boards—almost 3,000 marketing roles posted, but tons just wanted generic skills, not crypto chops. That’s a problem. If your team isn’t in the trenches—hanging out on Discord, scrolling X, feeling the pulse—they’re guessing, not connecting. Remember those NFT flops a few years ago? Overhyped drops from marketers who didn’t care about the art or the buyers—just the cash. Trust took a nosedive, and it’s still recovering.

Branding Isn’t the Whole Game & PR’s Not Enough Either

This ties into another beef I’ve got: some of these companies think a cool logo is marketing. I’ve seen it firsthand—millions dumped into branding, like it’s the golden ticket. Sure, branding’s big—it’s your face, your vibe. Ethereum’s got that sharp hexagon; Bitcoin’s “B” is everywhere. But that’s just the start. Marketing’s the hustle that gets people buying, not just nodding. That CBO I mentioned? He didn’t stop at a new title—he hit the ground running with talks, posts, papers, showing off the family office’s crypto bet. Compare that to unicorns obsessed with looking slick but forgetting to sell. Social media’s pulling a good ROI, yet some barely touch it, too busy polishing their image.

And don’t get me started on PR versus the full picture. PR’s great—Justin Sun’s a master at grabbing headlines for TRON, love him or hate him. But it’s one piece of the puzzle. I’m decent at marketing and PR myself, picked it up over years, but ask me to run a big event? I’d trip over my own feet. You need everything working together—ads, social, content, PR—to hit home. Crypto’s got a trust problem, and siloed PR stunts won’t fix it. I read somewhere—that Telegram’s blowing up with crypto chats, some channels pulling hundreds of thousands of users. Tie that to smart Google Ads and solid blog posts, and you’re cooking. Too many lean on PR alone, and it’s like playing a symphony with just a drum.

When the Budget Goes Bust

One thing I’ve learned messing around in this space: you’ve got to blend the top and bottom of the funnel. Top’s about casting a net—think viral X threads or a splashy CoinDesk ad. Bottom’s about reeling them in—retargeting, Discord Q&As, that personal nudge. Top gets you noticed; bottom gets you paid. The catch? Top’s pricey and doesn’t always convert, while bottom’s cheap but narrow. I’ve seen unicorns blow insane cash—$23.7 billion in VC—on top-end hype, then drop the ball on closing the deal.

Speaking of cash, some of these firms have lit money on fire with nothing to show. One unicorn I talked to bragged about a $10 million Super Bowl spot in 2023—glamorous, sure, but their numbers barely twitched. Meanwhile, Coinbase rolled out a lending thing for big players that year, all tight PR and focused content—no waste, just wins. If you’re bleeding cash, step back: check what’s working, lean into cheap wins like X posts, or find real influencers who actually move the needle. Erik Voorhees has nearly 700K followers on X—people listen to him. That’s smarter than another billboard.

 

Where I Land on This

So what’s the real gap? It’s vision, it’s people, it’s follow-through. Crypto needs marketers who’ve been in the game—through the dips, the pumps, the FUD—who can turn “proof of stake” into a coffee-chat pitch. It needs plans that weave branding, PR, and funnels into one tight story, not scattered shots.

And it needs to drop the flash for real talk—trust’s the rarest coin here, and we’re still minting it. That CBO idea I had? It wasn’t a gag; it was me seeing a need for someone to tie the tech to the tale. It’s April, 2025, and this industry’s at a crossroads—nail the marketing, and it’s mainstream. Flub it, and it’s a ghost town on the blockchain.

 

Source: https://news.shib.io/2025/04/15/why-crypto-marketing-is-missing-the-mark-a-personal-take/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j

A cautious dance in global markets: Navigating uncertainty and opportunity

A cautious dance in global markets: Navigating uncertainty and opportunity

The interplay of macroeconomic indicators, geopolitical tensions, and the burgeoning cryptocurrency market paints a picture of a world teetering between cautious optimism and underlying anxiety. The recent market wrap provides a snapshot of this delicate balance, with equities, bonds, commodities, and cryptocurrencies responding to a confluence of economic data, policy expectations, and investor sentiment.

Below, I offer my take on what they mean for investors and the broader economic outlook.

The US equity market’s reaction to the Dallas Fed Manufacturing survey was a stark reminder of the real-world impact of policy decisions. The survey’s significantly weaker-than-expected results, coupled with respondents’ vivid descriptions of tariff-induced turmoil as “chaos” and “insanity,” underscore the disruption caused by escalating trade tensions, particularly between the US and China.

Tariffs, often wielded as a tool for economic leverage, can create ripple effects that destabilise supply chains, increase costs, and erode business confidence. The initial decline in equities reflects this unease, as manufacturers grapple with uncertainty that could hamper investment and production. However, the S&P 500’s ability to rebound and close nearly unchanged suggests a resilience in investor sentiment, likely buoyed by anticipation of upcoming corporate earnings reports.

From my vantage point, this recovery highlights a market that is not yet ready to capitulate to pessimism, instead clinging to hopes that strong corporate performance could offset macroeconomic headwinds. Yet, the volatility serves as a warning: investors must remain vigilant, as the tariff saga is far from resolved.

Turning to fixed income, the retreat in Treasury yields— with the 10-year dropping 5 basis points to 4.21 per cent and the two year falling seven basis points to 3.68 per cent — signals a market recalibrating its expectations for growth and inflation. Yields have been a focal point for investors, reflecting the market’s assessment of future monetary policy and economic health.

The decline in yields could indicate a flight to safety amid trade war concerns or a reassessment of inflation expectations in light of weakening manufacturing data. From my perspective, this pullback in yields is a healthy correction rather than a cause for alarm.

It suggests that bond markets are pricing in a more cautious outlook, which could provide a buffer against equity market volatility. However, with the US economic docket set to intensify, including key data releases and corporate earnings, yields could face upward pressure if growth indicators surprise to the upside.

The US Dollar Index’s decline by 0.53 per cent to 98.94 reflects a softening in demand for the greenback, possibly driven by the same trade-related uncertainties weighing on equities and yields. A weaker dollar often supports commodity prices, and indeed, gold saw a modest 0.6 per cent gain as bargain-hunters stepped in after an earlier 1.8 per cent drop.

Gold’s role as a safe-haven asset remains intact, and its resilience in the face of a stronger dollar earlier in the session underscores its appeal during times of uncertainty. From my perspective, gold’s performance is a barometer of investor anxiety, and its ability to attract buyers suggests that not all is well beneath the surface of the market’s calm exterior.

Meanwhile, Brent crude’s 1.51 per cent slide to US$66 per barrel is a direct consequence of the US-China trade war’s impact on global demand. As trade tensions dampen economic activity, oil prices bear the brunt, reflecting a world grappling with slower growth prospects. This decline in oil prices could have broader implications, potentially easing inflationary pressures and signalling weaker industrial activity—a double-edged sword for the global economy.

Across the Pacific, the MSCI Asia ex-Japan index’s 0.5 per cent rise, led by gains in India’s NSE Nifty 50, offers a glimmer of optimism. Asian markets have been navigating their own set of challenges, from China’s economic slowdown to regional trade disruptions. Today’s mixed performance in early trading sessions suggests a region caught between resilience and caution.

India’s outperformance is noteworthy, potentially driven by domestic reforms and a relatively insulated economy compared to export-heavy peers like China. From my perspective, Asia’s mixed signals reflect a broader global theme: pockets of strength exist, but they are tempered by systemic risks that require careful monitoring.

The cryptocurrency market, meanwhile, is a fascinating microcosm of speculative fervour and institutional maturation. Bitcoin’s bounce above US$95,490, driven by anticipation of former President Trump’s 100-day speech, highlights the crypto market’s sensitivity to policy signals. Trump’s controversial calls for rate cuts and his focus on cryptocurrency-related policies, including the Bitcoin strategic reserve proposal, have injected volatility into the market.

Also Read:

Nikkei soars, gold shines, and Bitcoin reserves drop: What’s driving global markets?

Nikkei soars, gold shines, and Bitcoin reserves drop: What’s driving global markets?

The movement of US$4 billion worth of Bitcoin from exchanges suggests investors are positioning for significant developments, either by securing their holdings in private wallets or preparing for potential price swings. From my perspective, Bitcoin’s price action reflects a market that is both speculative and increasingly mainstream.

Institutional players’ involvement and the prospect of a national Bitcoin reserve elevate cryptocurrencies from fringe assets to serious considerations in global finance. However, the lack of definitive updates on the reserve proposal keeps the market in a state of limbo, where hope and uncertainty coexist.

Ethereum’s performance adds another layer to the crypto narrative. Despite a two per cent drop on Monday, its recent gains—fueled by whale optimism and institutional buying—point to a maturing market. Data from CryptoQuant reveals that Ethereum whales, holding between 10,000 and 100,000 ETH, increased their balances by a net 149,000 ETH over the past week. This shift from distribution to accumulation suggests that large holders are betting on a recovery, with US$2,000 emerging as a critical psychological and technical level.

Reclaiming this level could solidify bullish sentiment, but it also carries risks, as some whales may sell to break even, triggering downward pressure. The US$183 million in net inflows into Ethereum investment products, particularly US spot Ether ETFs, further underscores institutional confidence. The end of an eight-week outflow streak is a significant milestone, signalling that Ethereum is regaining favour among professional investors.

From my perspective, Ethereum’s on-chain metrics—such as the slowing Network Realised Profit/Loss—suggest a cautiously optimistic market, with investors holding out for higher prices rather than locking in gains prematurely. This dynamic positions Ethereum as a bellwether for the broader altcoin market, where sentiment can shift rapidly based on price action and external catalysts.

Looking ahead, the US economic docket and Eurozone confidence numbers will be critical in shaping market direction. US equity index futures pointing to a higher open suggest investors are willing to bet on positive surprises, but the shadow of trade tensions looms. From my perspective, the markets are at a crossroads.

On one hand, corporate earnings and economic data could provide the catalyst for a sustained rally, particularly if they defy the gloom of recent manufacturing surveys. On the other hand, the unresolved US-China trade war and its cascading effects on global demand could keep risk sentiment in check.

With its blend of speculative exuberance and institutional adoption, the cryptocurrency market adds a wildcard to the equation. Bitcoin and Ethereum’s trajectories will depend on macroeconomic factors and policy clarity—a reminder that in today’s interconnected world, no asset class operates in isolation.

In conclusion, the current market environment is cautious navigation, where opportunities coexist with significant risks. Equities are buoyed by earnings hopes but tempered by trade fears. Bonds reflect a recalibration of growth expectations, while commodities like gold and oil mirror broader economic anxieties. Cryptocurrencies, meanwhile, embody the tension between speculation and institutionalisation.

From my perspective, investors must adopt a balanced approach, leveraging data-driven insights while remaining agile in the face of uncertainty. The road ahead is fraught with challenges, but it is also ripe with potential for those who can read the signals and act decisively. As the global economy continues to evolve, the ability to adapt will be the defining trait of successful market participants.

 

Source: https://e27.co/a-cautious-dance-in-global-markets-navigating-uncertainty-and-opportunity-20250429/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j