At the bustling Consensus Hong Kong 2026, Solana Foundation President Lily Liu captured the attention of the global financial community, unveiling a compelling vision for what she terms ‘Internet Capital Markets.’ In a fireside chat with Michael Lau, Chairman of Consensus, Liu articulated a future where blockchain technology isn’t merely a niche innovation but the foundational layer for a truly democratized and interconnected global financial system.
The Dawn of Internet Capital Markets
Liu’s core thesis is refreshingly direct: the true strength of blockchain lies not in utopian general-purpose technology or broad ‘web3’ experiments, but specifically in finance and open, tokenized capital markets. She firmly rejects the notion of blockchains as a solution for everything, instead insisting on their unparalleled capacity to democratize global asset access and formation. This finance-first reality, she argues, is where the technology truly excels, offering a tangible path to real-world impact.
Tokenizing the World’s Assets
Imagine a world where every conceivable asset – from real estate and commodities to intellectual property and even individual skills – is tokenized on-chain. This is the future Liu envisions. Such a paradigm would enable seamless financial interactions, spanning the spectrum from everyday payments to sophisticated high-frequency trading. The result? A unified, global marketplace for capital formation, breaking down traditional barriers and fostering unprecedented liquidity and accessibility. Liu highlighted how crypto’s evolution in capital-raising, from early ICOs to rapid modern raises, demonstrates an extensible primitive ready to empower non-crypto projects and companies worldwide. She stressed that democratizing talent and capital formation, often rare in conventional markets, stands as crypto’s profound societal impact.
Asia: The Undisputed Heart of Crypto
Liu emphatically positioned Asia as crypto’s ‘core market,’ rather than a mere frontier. Citing the region’s historical leadership in Bitcoin and its vast user and talent base, she underscored Asia’s centrality to the digital asset revolution. In this context, Solana is presented as a neutral, robust infrastructure, designed to serve billions of internet users across the globe, facilitating the very ‘Internet Capital Markets’ she champions.
Beyond Hype: Prioritizing Revenue and Sustainable Growth
Moving beyond speculative narratives, Liu advocated for a shift towards revenue-focused metrics over the often-misleading allure of governance tokens. She asserted that sustainable value accrual to holders, ensuring long-term sovereignty and opportunity, must be driven by genuine network and application usage. This pragmatic approach underscores a commitment to real-world utility and economic viability, distinguishing impactful projects from fleeting trends.
Liu’s address at Consensus Hong Kong 2026 was more than just a speech; it was a strategic blueprint for Solana’s role in shaping the future of global finance. By focusing on blockchain’s inherent strengths in capital markets, acknowledging Asia’s pivotal role, and championing revenue-driven growth, Solana aims to build an inclusive and efficient financial ecosystem for the digital age.
For more details, visit our website.
Source: Link
Leave a comment