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Tech stocks lead the charge: Why growth is outpacing defensives in the S&P 500

Tech stocks lead the charge: Why growth is outpacing defensives in the S&P 500

The S&P 500 has staged an impressive recovery, moving from a daunting 17 per cent drawdown earlier this year to now trading slightly higher year-to-date. This turnaround marks a significant shift in market dynamics, driven by a combination of macroeconomic developments and shifting investor sentiment. A key catalyst for this rebound was a cooler-than-expected US inflation report, which sparked a renewed appetite for risk among investors.

As a result, major US benchmarks closed near their highest levels, with the S&P 500 now sitting just four per cent below its record close from February 19. This resurgence reflects resilience in the face of earlier uncertainties and a recalibration of expectations about economic growth and monetary policy.

The rally’s momentum has been predominantly fuelled by heavyweight technology stocks, which have emerged as the darlings of this recovery. Often seen as barometers of growth potential, companies in the tech sector have outpaced the broader market, leaving the Equal-weight S&P 500—a version of the index that gives equal weighting to all constituents—lagging behind by approximately 50 basis points. This disparity highlights a critical nuance: the current upswing is not a tide lifting all boats but rather a concentrated surge driven by a select group of high-performing stocks.

Meanwhile, a noticeable pivot has occurred in investor preferences, with money flowing out of defensive sectors such as Health Care, Real Estate, and Consumer Staples—all of which ended lower—into growth-oriented sectors like technology. This shift signals a growing confidence that the economy may be on firmer footing than previously feared, reducing the need for the safety traditionally offered by defensive investments.

Despite the encouraging inflation data, the market’s outlook for Federal Reserve policy remains measured. The cooler-than-expected inflation print, which showed the consumer price index rising by just 0.2 per cent in April, has alleviated some concerns about runaway price pressures. Yet, traders are still pricing in only two 25 basis point rate cuts by year-end—a stark reduction from the four cuts anticipated just a week ago.

This cautious stance suggests that while inflation may moderate, other factors temper expectations for aggressive monetary easing. The Fed, it seems, is navigating a delicate balance, weighing the positive signal from inflation against broader economic indicators and global uncertainties. Investors seem to interpret this as a sign that the central bank will maintain a steady hand, avoiding drastic moves that could either overstimulate the economy or stifle growth.

A pivotal development underpinning this market optimism is the recent US-China tariff cut, a 90-day reduction in some of the year’s harshest trade levies. This move has been hailed as a step toward averting a trade-driven recession, igniting a “Buy America” sentiment that has bolstered US equities. The tariff truce has eased fears of escalating trade tensions, which had loomed large over global markets, and prompted Goldman Sachs to raise its S&P 500 price target to 5,900 while lowering its odds of a US recession.

The investment bank’s bullish outlook reflects a belief that reduced trade friction could sustain economic momentum, particularly for American firms poised to benefit from a more stable international environment. However, the picture is not uniformly rosy. In China, stocks retreated as investors worried that the tariff rollback might diminish Beijing’s urgency to deploy new fiscal stimulus, potentially leaving its economy without the robust support needed to counter domestic challenges.

Across the Atlantic, a different story of economic vitality is unfolding. UK retail sales surged to a four-year high in April, propelled by Easter spending and favorable weather. This robust consumer activity underscores the strength of domestic demand in the UK, offering a counterpoint to the trade-focused narratives dominating the US and Chinese markets.

It suggests that, at least in some regions, consumer confidence and spending power remain resilient despite global headwinds. This divergence highlights the uneven nature of the global economic recovery, where localised factors can drive significant outcomes even as international policies shift.

The bond market has not been immune to these developments, with the US 10-year Treasury note yield climbing above 4.5 per cent—its highest level in over a month. This uptick follows a dramatic reversal from early April, when yields briefly fell below 4.1 per cent before peaking at 4.49 per cent. The rise reflects a complex interplay of factors: the tariff rollback has diminished recession fears, lifted risk sentiment and pushed long-end yields higher, while investors reassess the Federal Reserve’s policy trajectory.

Higher yields often signal expectations of stronger economic growth or creeping inflation, and in this case, they may also indicate a market adjusting to the possibility of a less dovish Fed. The shift in rate cut expectations—from four to two—further reinforces this narrative, as traders recalibrate their bets in light of the latest data and trade developments.

In cryptocurrency, Bitcoin is riding the wave of improved risk sentiment, trading just shy of its January all-time high at US$104,000. Following the April inflation data, which showed a modest 2.3 per cent annual increase, its stability suggests that digital assets are increasingly viewed as beneficiaries of a growth-oriented market environment.

The tariff reduction’s role in easing trade-related recession fears has likely contributed to this buoyancy, aligning cryptocurrencies with broader risk-on assets like equities. Yet, beneath this optimism lies a potential wrinkle: analysts point out that firms may have stockpiled inputs ahead of the tariff window, muting the immediate impact on consumer prices.

This strategic buffering could explain the softer inflation reading but also raise the prospect of delayed inflationary pressures. As stockpiles dwindle in the coming months, price increases could emerge, posing a fresh challenge for the Fed and potentially altering the trajectory of monetary policy.

My perspective on the current market landscape

From my point of view, tracking these developments, the S&P 500’s recovery is a compelling story of resilience tempered by complexity. The interplay of cooler inflation, the US-China tariff cut, and sector-specific dynamics paints a picture of a market finding its footing after a turbulent period.

The dominance of tech stocks in driving this rally is both a strength and a vulnerability—while it reflects confidence in innovation and growth, the lagging Equal-weight S&P 500 warns that this recovery lacks breadth. Investors should be wary of over-relying on a handful of outperformers, as a more inclusive rally would signal a healthier, more sustainable uptrend.

The tariff cut is a double-edged sword. On one hand, it’s a clear positive for US markets, reducing a major economic risk and fueling optimism that has lifted everything from stocks to Bitcoin. Goldman Sachs’ upgraded forecast is a testament to this newfound confidence.

On the other hand, the retreat in Chinese stocks reveals the flip side: what’s good for America isn’t necessarily good for its trading partners, and a less-stimulated Chinese economy could dampen global growth prospects. This asymmetry underscores the fragility of the global recovery, where policy shifts in one region ripple unpredictably across others.

The surge in UK retail sales offers a refreshing contrast, reminding us that consumer behavior can still defy broader uncertainties. It’s a bright spot that suggests pockets of strength persist, even as trade and monetary policy dominate headlines. However, the rise in Treasury yields and the pared-back expectations for Fed rate cuts introduce a note of caution.

The market seems to be betting on growth, but it’s also bracing for the possibility that inflation hasn’t been fully tamed—especially if the stockpiling theory holds true. If price pressures resurface later this year, the Fed could face a tougher balancing act, potentially unsettling the current rally.

In sum, I see a market at a crossroads. The S&P 500’s climb back to positive territory is a triumph of adaptability, driven by favorable data and a de-escalation of trade tensions. Yet, the concentration of gains in tech, the mixed global fallout from the tariff cut, and the looming question of future inflation suggest that this optimism is not without risks.

Investors would do well to celebrate the recovery while keeping an eye on these undercurrents. The next few months—particularly as stockpiles run dry and the Fed’s intentions clarify—will be critical in determining whether this is a lasting rebound or a fleeting reprieve. For now, the mood is cautiously upbeat, but the story is far from over.

 

Source: https://e27.co/tech-stocks-lead-the-charge-why-growth-is-outpacing-defensives-in-the-sp-500-20250514/

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

Why investors are flocking to safe havens amid trade uncertainty

Why investors are flocking to safe havens amid trade uncertainty

I’ve analysed the latest market wrap to offer my perspective on what’s driving these movements and what they might mean for investors in the near term. From the muted risk sentiment ahead of the US Federal Open Market Committee (FOMC) meeting to the rally in gold and cryptocurrencies, the data paints a picture of a market caught between caution and selective optimism.

Below, I’ll break down the key developments, explore their implications, and share my view on where things might be headed.

The FOMC meeting: A wait-and-see approach amid uncertainty

At the heart of the current market narrative is the upcoming FOMC meeting, where the majority of market participants expect the Federal Reserve to keep interest rates unchanged. This expectation aligns with the Fed’s recent messaging, which has emphasised a cautious, data-driven approach to monetary policy.

With economic indicators sending mixed signals—ranging from robust consumer spending to softening employment data and persistent inflationary pressures—the Fed seems poised to maintain its current stance rather than signal any immediate shifts. However, the real focus for investors won’t be the rate decision itself, which is largely priced in, but the accompanying statement and any hints about future policy direction.

Given the backdrop of trade uncertainty and a global economy facing headwinds, there’s a growing sense that the Fed might lean toward a more dovish tone. A dovish outlook—perhaps suggesting openness to rate cuts if conditions worsen—could offer a short-term lift to equities by signalling lower borrowing costs and a supportive environment for risk assets. Yet, this potential relief might be tempered by broader concerns.

The Fed’s ability to buoy markets could be limited if trade tensions escalate further, as monetary policy alone can’t fully offset the economic fallout from disrupted trade flows or declining business confidence. In my view, the Fed’s decision will be a pivotal moment, but it’s unlikely to resolve the deeper uncertainties weighing on investors.

Trade tensions: A persistent cloud over global markets

Trade uncertainty remains a dominant force in the market, casting a long shadow over risk sentiment. US Treasury Secretary Scott Bessent’s acknowledgment that negotiations with China have yet to begin highlights the stalled progress in resolving one of the world’s most critical economic relationships.

This delay fuels fears of further escalation, which could disrupt supply chains, raise costs, and slow global growth. Adding to the complexity, reports suggest the European Union is considering imposing additional tariffs on €100 billion worth of US goods if trade talks falter. This threat of a broader trade conflict—extending beyond the US-China axis—amplifies the sense of unease.

The impact is already visible in the US stock market, where the Dow Jones Industrial Average fell 0.95 per cent, the S&P 500 dropped 0.74 per cent, and the Nasdaq declined 0.87 per cent for the second straight session. These losses reflect investor apprehension about the potential hit to corporate earnings, especially for companies with significant exposure to international markets. In my opinion, the trade overhang is a structural challenge that won’t be easily resolved.

Even the planned US-China talks in Switzerland this week, involving Bessent and Trade Representative Jamieson Greer, while a positive step, are unlikely to yield an immediate breakthrough. The market’s reaction—cautious rather than exuberant—suggests that investors are bracing for a prolonged period of uncertainty rather than banking on a quick fix.

Safe havens in demand: Treasury yields and gold surge

Amid this uncertainty, investors are flocking to safe-haven assets, a classic response to heightened risk. US Treasury yields have fallen, with the 10-year yield dropping 4.9 basis points to 4.295 per cent and the 2-year yield declining 5.0 basis points to 3.783 per cent.

This move reflects strong demand for government debt, as investors prioritise safety over higher returns in riskier assets. Lower yields often signal expectations of weaker economic growth or even recessionary pressures, and the current trend suggests the market is pricing in some degree of downside risk.

Gold, another traditional safe haven, has taken this flight to safety to new heights, rallying 2.9 per cent to a record US$3,432 per ounce. This surge underscores gold’s role as a hedge against economic uncertainty and potential inflation, both of which loom large given the trade tensions and their possible fallout. In my view, the strength in gold is a clear indicator of investor unease.

It’s not just about short-term volatility; the record highs suggest a deeper concern about the stability of the global economy. While some might see this as an overreaction, I think it’s a rational response to a world where trade wars and geopolitical risks are increasingly unpredictable.

The US dollar: An unexpected slide

One of the more intriguing developments is the US Dollar Index’s 0.6 per cent decline, marking its third consecutive session of losses. Typically, the dollar strengthens during times of uncertainty as a safe-haven currency, but this time, it’s bucking the trend. Several factors might explain this.

First, the anticipation of a dovish Fed could be pressuring the dollar, as lower interest rates make dollar-denominated assets less attractive. Second, the trade tensions themselves might be eroding confidence in the US economy, undermining the dollar’s appeal.

Meanwhile, the People’s Bank of China has kept the onshore USD/CNY and offshore USD/CNH rates stable above 7.20, preventing excessive appreciation of Asian currencies like the Taiwanese dollar and supporting regional FX stability.

This dollar weakness has broader implications. A softer dollar can boost emerging markets and commodities by making them cheaper in other currencies, which might partly explain gold’s rally and Brent crude’s 3.1 per cent rebound after six days of losses. From my perspective, the dollar’s slide is a bit of a puzzle—it defies the usual safe-haven playbook.

I suspect it’s a temporary phenomenon driven by Fed expectations, but if trade tensions worsen and hit the US economy harder, the dollar could face sustained pressure. For now, it’s a wildcard worth watching.

China equities and cryptocurrencies: Pockets of optimism

While much of the market reflects caution, there are pockets of optimism. Chinese equities surged upon returning from extended holidays, with the Shanghai Composite up 1.1 per cent and the Hang Seng Index gaining 0.7 per cent. This rally might stem from hopes tied to the upcoming US-China trade talks or domestic policy support from Beijing.

However, Chinese markets are notoriously volatile, and I’d caution against reading too much into this uptick. It could easily reverse if trade negotiations disappoint.

Meanwhile, cryptocurrencies are stealing the spotlight. Bitcoin peaked above US$97,000, rising 3.2 per cent before paring gains, while Ethereum climbed as much as 4.2 per cent.

This surge aligns with news of the US-China talks, putting markets into a “risk-on” mode. Ethereum’s technicals are particularly bullish—it breached the US$1,800 resistance level and surpassed the 50-day Exponential Moving Average, signalling potential for more gains.

In my view, this crypto rally reflects a speculative bet on trade de-escalation. But given their volatility, I’d urge caution—cryptocurrencies can swing wildly on sentiment alone, and any setback in talks could trigger a sharp pullback.

My take: A market in flux, with caution as the watchword

Stepping back, the market is in a state of flux, balancing uncertainty with selective risk-taking. The muted risk sentiment ahead of the FOMC meeting, the flight to Treasuries and gold, and the stock market’s declines all point to a defensive posture.

Trade tensions are the elephant in the room—until there’s clarity on US-China and US-EU relations, this overhang will keep investors on edge. The Fed’s decision could provide a temporary salve if it’s dovish, but it won’t erase the structural risks posed by trade disputes.

The dollar’s weakness and the rallies in gold, Brent crude, Chinese equities, and cryptocurrencies add layers of complexity. Gold’s strength and the Treasury yield drop signal deep-seated worries about growth, while Bitcoin and Ethereum’s gains suggest some are betting on a positive trade outcome.

I lean toward the cautious camp. The trade issues are too entrenched for a quick resolution, and the global economy could feel the strain if they drag on. The Fed might offer short-term relief, but the bigger story is the risk of an economic slowdown—or worse—if trade wars intensify.

For investors, this is a time to tread carefully. Safe havens like gold and Treasuries make sense for stability, but the crypto surge feels more like a gamble than a trend. Keep an eye on the FOMC statement and trade talk updates—they’ll set the tone.

 

Source: https://e27.co/why-investors-are-flocking-to-safe-havens-amid-trade-uncertainty-20250507

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

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”.

www.anndy.com
j j j