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The Fed, tariffs, and Bitcoin: Unpacking the market dynamics

The Fed, tariffs, and Bitcoin: Unpacking the market dynamics

Global risk sentiment holds steady, yet an undercurrent of caution persists, shaped by a blend of robust economic data, trade policy turbulence, and a Federal Reserve that refuses to tip its hand.

Federal Reserve Chair Jerome Powell recently signalled that no firm decision has been reached for the September Federal Open Market Committee (FOMC) meeting, leaving investors guessing about the likelihood of a rate cut. With interest rates unchanged at 4.25 per cent to 4.50 per cent for the fifth consecutive meeting, the Fed aligns with market expectations but offers little clarity on its next move.

Meanwhile, economic indicators like a strong US GDP and employment figures paint an optimistic picture, only to be muddied by new tariffs and a volatile commodity market. Add to this mix the evolving cryptocurrency narrative, highlighted by Bitcoin’s potential to hit US$141,000, and the stakes for understanding these dynamics grow even higher. What does this all mean for traditional markets and digital assets alike? I will try to explain.

Global risk sentiment and the Federal Reserve’s stance

Global risk sentiment remains balanced, neither plunging into panic nor surging with unchecked optimism. This stability stems from a tug-of-war between encouraging economic signals and unsettling policy developments.

The Federal Reserve plays a central role in this narrative. By maintaining rates at 4.25 per cent to 4.50 per cent, the Fed reinforces a wait-and-see posture, a decision that met market forecasts but left room for debate. Two voting members dissented, the most since 1993, hinting at internal divisions over the path forward.

Powell’s remarks during the post-meeting news conference underscored this uncertainty, dampening expectations for a September rate cut. According to the CME FedWatch tool, the odds of a cut dropped to 47 per cent from 63 per cent just a day prior, reflecting a market recalibration after the Fed’s cautious tone collided with upbeat economic data.

This steady sentiment faces pressure from external forces. New tariffs on India and Brazil, coupled with the removal of the “de minimis” exemption for small packages, signal a tougher US stance on trade. The White House’s proclamation of 50 per cent tariffs on “processed” copper (but not “refined” copper) starting August 1st sent shockwaves through commodity markets, with Comex copper prices plummeting by as much as 20 per cent at one point.

These moves threaten to disrupt global supply chains and stoke inflation, challenges the Fed must weigh as it plots its course. For now, the central bank opts for patience, balancing the vigour of the US economy against these looming risks.

Economic data: A bright spot amid uncertainty

The US economy offers compelling reasons for optimism. Second-quarter GDP growth clocked in at a robust 3.0 per cent quarter-over-quarter seasonally adjusted annual rate, surpassing expectations and signalling resilience. July’s ADP employment report added to the good news, revealing a surprising 104,000 new private-sector jobs.

These figures suggest a labor market and broader economy that continue to defy slowdown fears, providing a counterweight to global uncertainties. Investors and policymakers alike find reassurance in these numbers, which bolster the case for the Fed’s steady-hand approach.

Yet, this strength does not exist in a vacuum. Rising Treasury yields hint at underlying concerns. The 10-year US Treasury yield climbed 5 basis points to 4.370 per cent, while the 2-year yield jumped 7.2 basis points to 3.941 per cent. Higher yields often reflect expectations of inflation or a belief that rate cuts remain distant, both of which align with the Fed’s current rhetoric and the tariff-driven pressures on prices.

The US Dollar Index advanced 0.93 per cent, buoyed by the Fed’s stance and perhaps some safe-haven demand amid trade tensions. Gold, typically a refuge in uncertain times, slipped 1.5 per cent to US$3,275 per ounce, possibly due to the stronger dollar or profit-taking after recent gains. Brent crude oil, however, rose 1.0 per cent to US$73 per barrel after President Trump threatened tariffs on India over its energy purchases from Russia, a reminder of how geopolitics can sway commodity prices.

Market reactions: A mixed bag

US stock markets mirrored the broader uncertainty, closing with varied results. The S&P 500 dipped 0.12 per cent, the Dow Jones fell 0.38 per cent, and the NASDAQ eked out a 0.15 per cent gain. This patchwork performance reflects investor efforts to parse positive economic data against trade policy risks.

In Asia, early trading showed similarly mixed equity indices, while US equity futures pointed to an indecisive opening. The day ahead promises more clues, with China’s July manufacturing and non-manufacturing PMI data, alongside Taiwan and Hong Kong’s second-quarter GDP figures, set to influence sentiment further. These releases could either reinforce the steady outlook or tip the scales toward caution, depending on their strength.

Commodity markets, meanwhile, felt the tariff fallout acutely. The copper price collapse underscores how swiftly policy shifts can ripple through global trade. Such volatility could feed into inflation, challenging the Fed’s efforts to maintain stability. For now, markets navigate a landscape where economic growth coexists with policy-induced turbulence, leaving investors on edge but not in retreat.

Bitcoin and the cryptocurrency angle

Bitcoin offers a compelling subplot in this financial drama. On-chain analytics firm Glassnode highlights US$141,000 as a potential next significant resistance if Bitcoin breaks higher with conviction. This projection ties to the Short-Term Holder (STH) Cost Basis, which tracks the average acquisition price for investors holding coins for less than 155 days.

Currently at US$105,400, this level shows STHs enjoying an 11.5 per cent unrealised profit at recent prices. Historically, trading above this basis signals bullish momentum, a pattern Bitcoin has followed since breaching it earlier this year.

Glassnode’s analysis adds depth with standard deviation bands. The +1 SD band, at US$125,100, has repeatedly capped Bitcoin’s upward moves, with two rejections in recent months. A decisive break above this could target the +2 SD level at US$141,600, where STH profits would swell, possibly triggering profit-taking and new resistance. For now, Bitcoin hovers between US$105,000 and US$125,000, a range that may hold until a catalyst, be it policy or market sentiment, sparks a breakout.

The Fed’s announcement and Powell’s remarks dented cryptocurrency prices, with Bitcoin sliding in afternoon trading. This sensitivity to monetary policy underscores Bitcoin’s role as a barometer for risk appetite and expectations of Fed action. Matthew Sigel of VanEck argues Bitcoin serves as a hedge against monetary debasement, suggesting that signals of easier policy could ignite crypto enthusiasm.

Historical data support this: Bitcoin rose after four of the year’s prior FOMC meetings, though it dipped post-June before recovering. Lower rates, by reducing borrowing costs, often drive investment into alternative assets like Bitcoin, a dynamic worth watching if the Fed shifts gears.

The White House’s digital asset vision

The White House’s new report, Strengthening American Leadership in Digital Financial Technology, adds another layer to the crypto story. Compiled by the Working Group on Digital Asset Markets, it champions digital assets and blockchain as transformative forces for finance and beyond.

Legislative priorities like the Genius stablecoin act and the Clarity Act aim to provide structure. At the same time, recommendations urge the SEC and CFTC to clarify rules on trading, custody, and record-keeping at the federal level. Support for decentralised finance through safe harbors and regulatory sandboxes signals openness to innovation, a boon for the sector.

The report’s stance on a Bitcoin reserve stands out. Administered by the Treasury, this stockpile of seized digital assets will be held, not sold, as reserve assets. This move could legitimise Bitcoin further, boosting confidence among investors wary of regulatory hostility.

Conversely, the report opposes a US central bank digital currency, aligning with the Anti-CBDC Act and reinforcing a decentralised ethos that crypto advocates cherish. These developments suggest a regulatory tailwind for Bitcoin, though their full impact will unfold over time.

My take on the situation

I see a world of opportunity and risk in equal measure. The US economy’s strength, evident in GDP and jobs data, offers a solid foundation, but trade tensions and tariffs threaten to erode it. The Fed’s caution makes sense given these crosscurrents, yet its indecision leaves markets vulnerable to swings.

For traditional assets, volatility seems likely as investors grapple with these forces. Bitcoin, meanwhile, intrigues me most. Its potential to hit US$141,000 hinges on breaking key resistance, a feat that regulatory clarity and a dovish Fed could enable. The White House’s embrace of digital assets feels like a game-changer, though execution will matter.

I lean cautiously optimistic on crypto, believing its hedge appeal and policy support could shine amid uncertainty. Still, prudence dictates watching the Fed and global data closely—volatility cuts both ways.

 

Source: https://e27.co/the-fed-tariffs-and-bitcoin-unpacking-the-market-dynamics-20250731/

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”.

www.anndy.com
j j j

Walking on eggshells: Why investors are cautious amid mixed market signals

Walking on eggshells: Why investors are cautious amid mixed market signals

It’s a fascinating time in the markets, with investors acting a bit like they’re walking on eggshells, unsure of which way things might crack. The mood out there is what folks are calling muted, which basically means people aren’t jumping in with both feet or running for the exits either.

They’re digesting a bunch of mixed signals from recent events like the US second-quarter earnings, some big trade deal announcements, and even wild moves in the cryptocurrency world. Buckle up, because there’s a lot to unpack here!

What’s behind this muted risk sentiment?

Picture this: you’re an investor trying to figure out where to put your money, and the news is a mixed bag. That’s where we’re at right now. The muted global risk sentiment means investors are feeling cautious, neither overly excited nor panicked, but rather waiting to see what happens next.

A big part of this comes from the US second-quarter earnings results. Some companies knocked it out of the park, beating expectations and boosting confidence, while others stumbled, missing the mark and raising eyebrows. It’s like receiving a report card with A’s and C’s, leaving you unsure whether the class is excelling or needs extra help.

On top of that, there’s been a quiet spell in big economic news. No blockbuster jobs reports or inflation numbers to shake things up lately, just a data-light week that’s keeping everyone in a holding pattern. Without a clear signpost, investors are hesitant to make bold bets, and that’s keeping the risk appetite dialed down. It’s not doom and gloom, but it’s not a party either, just a steady, cautious vibe.

Trade deals stirring the pot

Now, let’s talk about these trade deals that US President Donald Trump has been touting. He’s calling the one with Japan a massive deal, and it comes with reciprocal tariffs of 15 per cent on Japan’s exports to the US. Then there’s a freshly concluded deal with the Philippines, slapping a 19 per cent tariff on their goods coming into the States. These announcements sound big, right? But what do they really mean for the markets?

For Japan, a 15 per cent tariff could significantly impact industries such as cars and electronics, which are crucial to its economy. If it gets pricier to sell those goods in the US, Japanese companies might see profits shrink, and that could ripple out to global markets.

The Philippines deal, with its 19 per cent tariff, might make imports like electronics or clothing less competitive here, potentially nudging prices up for US consumers. On the flip side, these deals could give a leg up to some American industries by levelling the playing field a bit.

They might boost certain US sectors in the short term, but they’re also injecting uncertainty into global trade. Investors hate uncertainty, and the thought of supply chain hiccups or higher costs down the road is probably adding to that muted sentiment. We’re still early days on seeing how this plays out, but it’s definitely a piece of the puzzle.

US stocks: Playing defence

Switching gears to the stock market, US equities had a mixed day on Tuesday. The S&P 500 crept up a tiny 0.06 per cent, the Dow Jones climbed a solid 0.40 per cent, but the NASDAQ slipped 0.39 per cent. What stands out here is the defensive vibe at the sector level. Healthcare and Utilities, the kinds of stocks you lean on when you’re worried about a storm, did better than the flashy tech or growth names.

This tells me investors are hedging their bets. When you see money flowing into defensive sectors, it’s like people are putting on a raincoat even if the forecast isn’t clear. The mixed performance across the big indices shows there’s no unified story yet, some optimism in the Dow, a bit of tech fatigue in the NASDAQ. It fits right into that cautious, muted mood we’re seeing everywhere else.

Treasuries and the safety net

Over in the bond world, US Treasury yields are sliding, and that’s another clue about what’s on investors’ minds. Ahead of next week’s Federal Reserve meeting, the 10-year Treasury yield dropped over two basis points to 4.34 per cent, and the two-year yield eased more than 1 basis point to 3.83 per cent. Lower yields mean bond prices are going up, and that usually happens when folks are looking for a safe place to park their cash.

This flight to safety jives with the broader sentiment. When you’re not sure about stocks or the economy, Treasuries start looking pretty cozy. The Fed’s next move is a wildcard here. If they hint at rate cuts or sound dovish, yields could dip further, but a hawkish surprise might shake things up. For now, this yield drop is like a neon sign saying investors are playing it safe.

Dollars and commodities: More mixed signals

The US Dollar Index took a 0.47 per cent dip, which isn’t huge but still notable in a quiet week. A weaker dollar often ties to less demand for it as a safe haven, maybe because folks aren’t as freaked out as they could be.

In commodities, gold slipped 0.3 per cent to US$3,385 an ounce, and Brent crude fell 0.9 per cent to US$69 a barrel. Gold dropping is a bit surprising since it’s the go-to when people are nervous, so maybe some are cashing in profits after its big run. Oil’s decline could point to worries about global demand slowing, especially with those trade deals in the mix.

These moves don’t scream panic, but they don’t shout confidence either. It’s like the markets are whispering, trying to figure out the next big thing.

Crypto chaos: Bitcoin and BNB take centre stage

Now, let’s get into the wild world of cryptocurrencies, because there’s some serious action here. Trump Media and Technology just made waves by scooping up US$2 billion in Bitcoin and Bitcoin-related securities, plus setting aside US$300 million for Bitcoin options.

Their stock popped 7.2 per cent on Monday and is up nine per cent over the week, sitting near US$20. With two-thirds of their US$3 billion in liquid assets now in Bitcoin, they’re all in on this crypto bet. CEO Devin Nunes says it’s about financial freedom, and the market seems to like the boldness.

Bitcoin itself, though, is having a tougher time. It hit a new high of US$123,100 last week but has since pulled back to US$118,752. There’s this thing called Binance Net Taker Volume that’s gone negative, dropping below US$60 million, which means more people are selling than buying on that exchange.

In the US, the Coinbase Premium Index is flat, showing spot buyers aren’t rushing in, and in Korea, the Premium Index is negative, hinting at a discount and weak demand there too. Still, Bitcoin’s holding above US$115,000 with buyers stepping in strong at that level, so the bulls aren’t giving up.

Then there’s Binance Coin, or BNB, which is on fire. It jumped five per cent in a day to over US$800, pushing its market cap to US$111 billion and overtaking Solana as the fifth-biggest crypto. Over the past week, BNB’s up 16 per cent while Bitcoin’s only gained two per cent.

Companies like Nano Labs are diving in, boosting their BNB stash to 120,000 tokens, worth about US$90 million after grabbing 45,684 more through over-the-counter deals at an average of US$764 per token. They’re planning to keep piling into BNB and even invest in BNB-focused firms.

The crypto space is a rollercoaster right now. Trump’s Bitcoin play is a huge signal that big players see it as more than just a fad, maybe a hedge or a growth engine. But Bitcoin’s stumbles show retail folks are jittery, taking profits or waiting for a dip. BNB’s surge feels more solid, tied to real adoption in the Binance ecosystem. It’s like crypto’s splitting into two stories: Bitcoin as the big kahuna with growing pains, and altcoins like BNB flexing new muscle.

Tying it all together

So, where does this leave us? The global risk sentiment is muted because investors are juggling a lot of balls, mixed earnings, trade deal uncertainties, a defensive tilt in stocks, and a crypto scene that’s part boom, part bust. Treasuries are a safe harbour, the dollar and commodities are wobbling, and the Fed’s next meeting looms large.

My perspective is that we’re in a transition phase. The trade deals could spark growth or friction, equities are treading water, and crypto’s rise shows risk isn’t dead, just choosy.

The standout is how traditional markets and crypto are starting to dance together. Companies betting big on Bitcoin and BNB while Treasuries draw safety seekers, it’s a tale of two worlds colliding. The Fed could tip the scales, but until then, this cautious vibe makes sense.

Stay sharp and flexible, because this market’s got more twists coming!

 

 

Source: https://e27.co/walking-on-eggshells-why-investors-are-cautious-amid-mixed-market-signals-20250723/

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”.

www.anndy.com
j j j

Market dynamics: Equity gains, yield shifts, dollar strength, commodity dips, and crypto highs

Market dynamics: Equity gains, yield shifts, dollar strength, commodity dips, and crypto highs

The overriding theme in today’s markets is a subdued global risk sentiment, driven largely by President Trump’s aggressive tariff threats. He’s put the world on notice, warning of 100 per cent “secondary” tariffs on any country that continues to do business with Russia unless there’s a ceasefire in Ukraine within 50 days.

This bold move is a clear escalation in the US’s strategy to pressure Russia into de-escalating its ongoing conflict, but it’s also a high-stakes gamble that could backfire by targeting nations that trade with Russia, potentially including major players like China, India, or even some European countries.

Trump is risking a disruption of global supply chains and a wave of retaliatory measures. The European Union isn’t sitting idly by; it’s already gearing up to deepen ties with other affected nations, such as Canada and Japan, to forge a coordinated response. This could mean joint diplomatic efforts or even counter-tariffs, adding yet another layer of complexity to an already tense situation.

From my vantage point, this feels like a geopolitical chess game where every move could either stabilise or destabilise the global economy further. The 50-day deadline adds urgency, and I suspect markets will remain jittery as we approach that critical juncture.

Despite this uncertainty, US equities have managed a modest rebound, which tells me investors are trying to find a silver lining amid the storm clouds. The S&P 500 eked out a 0.1 per cent gain, the NASDAQ climbed 0.3 per cent, and the Dow Jones rose 0.2 per cent. These aren’t blockbuster numbers by any stretch, but they suggest a cautious optimism or perhaps a calculated bet that the tariff threats won’t fully materialise.

I think part of this resilience stems from faith in the Federal Reserve’s ability to navigate inflationary pressures or hope that diplomatic backchannels might soften the blow. However, the muted gains also hint at lingering unease. Investors are clearly hedging their bets, and I wouldn’t be surprised if we see sharper swings in the coming weeks as more details emerge about the tariff plans and international reactions.

Switching gears to the bond markets, US treasuries took a hit, with yields ticking higher in a way that’s caught my attention. The 10-year yield rose 2.4 basis points to 4.433 per cent, while the two-year yield edged up 1.5 basis points to 3.900 per cent.

This uptick was partly influenced by a curve-steepening selloff in Japanese government bonds, which seems to have set a ripple effect across global sovereign debt markets. With no major US economic data releases to anchor sentiment, external factors like Japan’s bond dynamics are taking the lead.

A steepening yield curve typically signals expectations of stronger growth or rising inflation, but in this context, I see it more as a reflection of investor nerves about the tariff fallout. Higher yields could make borrowing more expensive and weigh on growth if the trend continues, something I’ll be watching closely as the situation unfolds.

Then there’s the US Dollar Index, which is on a tear with an eight-day winning streak—the longest since February, adding a 0.2 per cent gain to its run. At first glance, this strength makes perfect sense: the dollar often shines as a safe haven when geopolitical risks flare up, and Trump’s tariff saber-rattling fits that bill.

But I think there’s more to it. The US economy still looks relatively robust compared to its peers, and the prospect of higher interest rates here versus, say, Europe or Japan is keeping the greenback in demand.

From my perspective, this dollar rally could amplify the tariff impact by making US exports pricier and imports cheaper, potentially widening trade imbalances. It’s a double-edged sword that could either bolster US leverage or stoke further tensions with trading partners.

Commodities, meanwhile, are painting a mixed picture that’s worth digging into. Gold, the classic refuge in times of trouble, slipped 0.4 per cent to US$334 per ounce, which surprised me given the geopolitical backdrop. I suspect profit-taking is at play here, investors cashing in after a strong run rather than abandoning the safe-haven narrative altogether.

Brent crude, on the other hand, dropped 1.6 per cent to US$69 per barrel, and that feels more tied to fundamentals. If tariffs spark a trade war or slow global growth, demand for oil could soften, and that’s likely what’s spooking the energy markets.

I’d wager we’re also seeing some speculative unwinding after recent volatility. Both moves underscore how sensitive commodities are to shifts in risk sentiment, and I’ll be keeping an eye on whether these declines deepen or reverse as tariff news evolves.

All of this brings us to two pivotal events on the horizon: today’s US inflation data and the start of major bank earnings reports. The inflation numbers are the big ones, everyone’s eager to see if Trump’s tariff threats are already pushing up final goods prices. If we get a hot reading, say above the expected 2.6 per cent year-over-year for the Consumer Price Index, it could jolt the Fed into a more hawkish stance, maybe even accelerating rate hikes.

That’d be a game-changer for equities, bonds, and the dollar. On the flip side, a tame report might ease some nerves and buy time for diplomatic solutions. As for the bank earnings, from giants like JP Morgan and Goldman Sachs, I’ll be scouring their outlooks for clues about how they’re bracing for tariff risks or higher rates.

Any whiff of caution could drag sentiment lower, while upbeat forecasts might fuel a rally. My gut tells me these reports will be a mixed bag, reflecting the uncertainty we’re all grappling with.

Now, let’s talk about the wild card in this whole saga: cryptocurrencies. Bitcoin just smashed through US$120,000, peaking at US$122,404 with a 2.8 per cent daily gain and a 10 per cent surge over the past week. This rally, turbocharged since Trump’s election win, is riding a wave of excitement about new US legislation that could cement America’s status as the “crypto capital.”

Lawmakers in the Republican-led House are set to debate three bills this week: the Genius Act, the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act. These could streamline regulations, clarify stablecoin rules, and push digital assets deeper into mainstream finance. Ether hit US$3,081.94, its highest since February, and XRP jumped 2.7 per cent, lifting the crypto market’s total value to US$3.8 trillion, per CoinMarketCap data.

I see this as a fascinating counterpoint to the tariff gloom, a sign that some investors are betting big on a parallel financial system less tethered to traditional risks. If these bills pass, we could see crypto’s momentum accelerate, though I’m wary of a pullback if regulatory hopes fizzle.

My take on all this is that the tariff headlines are casting a long shadow, muting global risk appetite and forcing markets into a defensive crouch. There’s resilience too: US stocks are holding up, the dollar’s flexing its muscles, and crypto’s soaring on its own trajectory.

I think the next few weeks will be defining. If the tariff threats escalate into action and inflation spikes, we could see a sharper risk-off move, think falling equities, surging yields, and a choppier dollar. But if cooler heads prevail, or if the Fed signals steady support, markets might muddle through with minimal damage.

The crypto boom adds an intriguing twist; it’s almost like a barometer of faith in innovation amid chaos. For now, I’d advise investors to stay nimble, watch the data, and brace for volatility because in this environment, the only certainty is uncertainty itself.

 

Source: https://e27.co/market-dynamics-equity-gains-yield-shifts-dollar-strength-commodity-dips-and-crypto-highs-20250715/

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”.

www.anndy.com
j j j