Liquid Provides Glimpse of the Future of Bitcoin-Based Capital Markets at Tokyo Bitcoin 2024
Attendees at Tokyo Bitcoin 2024, Japan’s largest annual Bitcoin gathering, earlier this month got an exclusive look at how the Liquid Network is gearing up to meet the needs of global enterprises, with particular focus on Japan’s innovative financial sector.
Part of a broader presence from the Liquid Federation and Blockstream, Liquid’s exclusive technology provider, a key highlight of the event was a highly-anticipated panel discussion featuring Blockstream CEO Dr. Adam Back. Among the topics up for discussion was the potential role of Bitcoin layer-2 scaling innovations, including Liquid, in helping to drive a new era of innovation in global finance. Outside of the conference itself, Adam met for talks with representatives of some of Japan’s top financial institutions to underscore some of the key areas Liquid can support the country in maintaining its cutting-edge position in financial innovation.
Bitcoin’s Financial Layer: Settlements and Real-World Asset Tokenization on Liquid
Japan represents an attractive market for Liquid Federation members, with Dr. Back’s meetings reflecting its growing interest in bringing cutting-edge Bitcoin-based technologies to the forefront of Japan’s financial sector.
One of Liquid’s biggest advantages is that it exists as a full technology stack that includes custody solutions, token issuance, and settlement across other Bitcoin layer-2 protocols such as Lightning.
A particularly promising area is that of cross-border and inter-bank settlements, with Japan’s uniquely sophisticated banking infrastructure presenting an ideal opportunity for Liquid to deliver real-world solutions that can transform traditional finance.
Through its ability to facilitate asset issuance and secure, low-risk settlements, Liquid ensures that financial institutions can work in accordance with local regulations, while benefiting from the speed and security of blockchain technology.
Forged in 2019, our partnership with Liquid Federation member, Crypto Garage, on the issuance of a Japanese yen stablecoin (JPY-Token) has already demonstrated how Liquid can integrate seamlessly into Japan’s regulatory framework, offering an efficient solution for cross-border settlements and international remittances.
Working closely with partners like Crypto Garage, the Liquid Federation is committed to helping to power the next wave of financial innovation in Japan, with Liquid also representing the ideal solution for businesses looking to tokenize real-world assets (RWAs) and scale their operations worldwide.
Looking Ahead: The Liquid Network Summit in Lugano
As Liquid looks to strengthen its presence in Asia, the momentum is set to continue with the Liquid Network Summit on October 24, 2024, in Lugano, Switzerland. The event will bring together industry leaders, including Federation members Breez and STOKR, as well as startups like Ark Labs, to explore new innovations and opportunities for Liquid integration over the next few years.
The summit is expected to highlight the latest advancements in layer-2 technologies and discuss their transformative potential in industries ranging from finance to telecommunications and global commerce.