ING 2

Introduction to Digital Assets and Treasury Management

  • Anastasia introduces herself as part of Galaxy, a digital asset and data center firm.

  • Highlights of her career at a foreign bank and experience with crypto treasury function.

  • Emphasis on similarities between crypto asset management and traditional banking treasury functions focusing on risk, liquidity management, costs, and capital allocations.

  • Recognition of digital assets as more than just cryptocurrencies, involving underlying technology and settlement processes.

Overview of Kinexus at JPMorgan

  • Zach Chestnut introduces himself as the head of global business development for Kinexus, a JPMorgan payments platform.

  • Two primary missions of Kinexus:

    • Build sustainable businesses at the intersection of blockchain technology and commercial banking.

    • Equip the institution with the necessary capabilities and knowledge to meet client demands amid evolving market conditions.

Audience Engagement Poll

  • Conducted a poll to assess audience knowledge and ownership of cryptocurrencies.

    • First question: Personal ownership of cryptocurrency

    • Outcomes: 24% yes, 22% no, with the remaining undecided.

    • Second question: Familiarity with current trends in digital assets

    • Mixed responses indicating awareness but hesitation towards ownership.

    • Third question: Rate of organizational adoption of digital asset changes

    • Responses varied from gradual to slow adoption, indicating cautious progress.

Understanding Digital Assets

  • Discussion on defining digital assets within institutional finance, initiated by Zach.

  • Emphasis on infrastructure as a crucial change enabled by digital assets.

    • Digital assets include:

    • Cryptocurrencies