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频道帖子

: : Four Pillars and ASA Launch Asia Crypto News, the Channel for Every Major Crypto News in Asia Four Pillars and the Asia Stablecoin Alliance (ASA) are launching “Asia Crypto News,” a Telegram channel that delivers every major crypto related news story across Asia in one place. Asia is home to some of the dynamic crypto markets in the world, yet key developments are scattered across local outlets in different languages. “Asia Crypto News” solves this by curating the most important stories from Korea, Japan, Hong Kong, Singapore, China, Southeast Asia and beyond, covering regulation, stablecoins, exchanges, institutional adoption and market structure. Every post distills the story into three key points with country tags, so readers can follow the entire region at a glance. Follow Asia News by ASA & Four Pillars today and never miss a major development in Asian crypto again. 🗞 Join the channel FP Website | Telegram (EN / KR) | X (EN / KR)

2	[Crypto/Comment] The Last Job Left to the Ethereum Foundation Written by Rejamong The shrinking Ethereum Foundation has seated pcaversaccio, author of the Ethereum Cypherpunk Manifesto, on its board. The appointment shows the one job it intends to keep until the end. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	130
3	: : HRC and HL Eco Launch Hyperliquid Financials, the Live Financial Dashboard for Hyperliquid HRC, founded by Four Pillars and GLC Research, has partnered with HL Eco to launch "Hyperliquid Financials," a dashboard that brings live financial reporting on Hyperliquid into one place. HRC started this journey by putting out the best Hyperliquid research in one place and publishing financial reporting, including $HYPE and Trade[XYZ] quarterly and annual reports. Hyperliquid Financials takes that mission a step further by moving to live reporting, which is only possible in crypto. TradFi is paying close attention to Hyperliquid and Trade[XYZ], but that attention needs clear, accessible data that lets investors, analysts and every other stakeholder do more than just read the raw numbers. With this dashboard, you get the most meaningful information on Hyperliquid in one place, CSV downloads for the underlying data, and analytical tools to help you interpret it. Hyperliquid. 📊 Dashboard 📱 X Post FP Website \| Telegram (EN / KR) \| X (EN / KR)	215
4	: : [Institution/Comment] Why Trade Finance Blockchains Keep Failing Written by Eren Onchain trade finance is a large market, yet every attempt has ended in failure. Let’s look at why these initiatives fell short, and how Injective, POSCO International, and LG CNS aim to change that. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	208
5	: : Four Pillars to Host the “Four Pillars Research Challenge 2026” for University Blockchain Clubs in Korea Four Pillars is hosting the “Four Pillars Research Challenge 2026,” a research competition for blockchain clubs at leading universities across Korea, with a total prize pool of $8,000. The competition features four research tracks sponsored by Solana, MetaMask, Cantor8, and Surf AI. Participating clubs will also receive paid subscription accounts for The Block Pro and Surf AI. To ensure a fair competition, the entire process, including registration, research preparation, and submission, will be conducted anonymously. An awards ceremony and networking event for participating university clubs will be held at Hashed Lounge on the evening of October 1. We look forward to your interest and participation. [Prizes and Benefits] • Total prize pool: $8,000 • Each research track will award $1,000 to one 1st-place team, $500 to one 2nd-place team, and $250 each to two 3rd-place teams • Winning research from each track will be published through Four Pillars’ channels • Outstanding submissions from the Solana track may also be featured on Solana’s official channels [Research Tracks] • Solana Track: Solana Blockchain Core, including Alpenglow, SIMDs, Firedancer, and related topics • MetaMask Track: LLMs for Security, Formal Verification, or AI-Assisted Smart Contract Security • Cantor8 Track: PoS Economic Security Risks of RWAs or Legal and Criminal Risks of Issuing Stablecoins on Public Blockchains • Surf AI Track: Open-Topic Research Using Surf AI [Schedule] • (- Aug. 2): Competition registration • (Aug. 3 - Sep. 6): Research and submission period • (Sep. 7 - Sep. 13): Evaluation period • (Oct 1): Awards ceremony and offline event 📱 X Post 📰 Related News (1/2/3/4) Inquiries: @eth100y FP Website \| Telegram (EN / KR) \| X (EN / KR)	194
6	: : [Crypto/Comment] Centralized Responsibility Is All x402 Needs Written by Jun x402's vulnerabilities are ultimately the result of no one bearing the cost of trust, and I believe the practical path forward is to keep the protocol open while establishing a centralized accountability layer that can absorb that cost. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	175
7	: : [Institution/Issue] Tokenized Stock Paradox: When Greater Access Fragments Liquidity Written by 100y - Although growth in the RWA sector has slowed somewhat over the past few months, tokenized stocks have continued to grow at an exceptionally rapid pace. The tokenized stock sector is currently expanding through three main channels: 1) Linked Security tokenized stocks offered by companies such as Ondo, xStocks, and Robinhood, 2) Issuer-Sponsored Tokenized Securities offered by companies such as Securitize, Figure, and Superstate, and 3) the growth of perpetual futures exchanges, which are not technically a form of tokenization. - Although the tokenized stock sector is growing overall, liquidity fragmentation has begun to emerge as a side effect. Even when the underlying stock is the same, liquidity is being fragmented both 1) vertically across different tokenization structures and 2) horizontally across different tokenization providers using the same structure. - From a more positive perspective, particularly in terms of improved accessibility, this phenomenon may not necessarily represent the fragmentation of existing liquidity. Instead, tokenized stocks may have attracted liquidity from investors who previously lacked access to US stock market liquidity, with fragmentation emerging as a byproduct. - Regardless, liquidity fragmentation in tokenized stocks is a real problem. Potential solutions may include 1) the emergence of orchestration or clearing platforms similar to those found in the stablecoin sector, or 2) industry consolidation into an oligopolistic or monopolistic structure driven by economies of scale. 📱 X Post 🌎 Full Article FP Website \| Telegram (EN / KR) \| X (EN / KR)	184
8	: : [Newletter] Onchain Vaults Head to the Regulator's Desk (Week 31, 2026) 🗞 Major News - [Asia] Bank of Korea Prepares Phase 2 of Deposit Token Commercialization Trial with Nine Banks - [Institution] SEC Commissioner Peirce Warns "Onchain Vaults May Be Securities Depending on Structure" 📊 Data Spotlight - SKHX & SKHY: Trading the Premium on HIP-3 - Noxa’s Failure Marks a New Beginning for Robinhood Chain ✍️ Four Pillars Weekly - The Tale of the Tail in the Korea CEX - Japan Crypto Market 2026 - Three Layers to Understand the Japan Crypto Market - Securitize, Inc. (SECZ) — Initiating Coverage - Japan Crypto Market Report, Q2 2026: When Market Sentiment and Regulation Diverged - Monthly EIP - Jun 2026 (ft. Ethereum at a Multipolar Turning Point) 🌎 Full Newsletter FP Website \| Telegram (EN / KR) \| X (EN / KR)	164
9	: : [Asia/Issue] Onchain Finance Becomes National Strategy (ASA News #24) Written by ASA, Heechang [News #1] Japan Mentions Onchain Finance in a National Strategy Document for the First Time ✍️ The Government Introduces a National Strategy to Connect Payment, Commerce, and Logistics Data Through Tokenized Deposits and Stablecoins [News #2] Hong Kong Opens Its Licensed Stablecoin Market as the HKDAP Launch Nears ✍️ Anchorpoint Prepares to Issue the Hong Kong Dollar Stablecoin, While OSL and HashKey Take Charge of Its Regulated Sale and Distribution [News #3] Korea’s Financial Groups and Platforms Race to Capture Key Layers of the Digital Asset Market ✍️ Mirae Asset and Korea Investment & Securities Secure Exchange Stakes, While Kakao and Toss Pursue Payment, Remittance, and Stablecoin Infrastructure with Circle — [ASA News] is a weekly newsletter where we share the most important stablecoin-related news across Asia, along with commentary from industry insiders. (Subscribe to the Newsletter) 📱 X Post 🌎 Full Article (Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	172
10	: : [Tech/Comment] Ethereum in 2030, explained for everyone Written by Rejamong Ethereum's roadmap was written for researchers and developers. This is the version for everyone else. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	182
11	: : [Crypto/Comment] Kaito's Comeback? Can InfoFi Lead the Market Again? Written by Steve Following Kaito's partnership announcement with X, let's examine both the limitations and the future potential of InfoFi. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	216
12	: : [Tech/Article] Monthly EIP - Jun 2026 (ft. Ethereum at a Multipolar Turning Point) Written by Jay, FP Validata - In June, ERC proposals continued to expand their scope, addressing regulatory compliance, asset transfers between privacy pools, and mechanisms for carrying token balances at a specific snapshot into a newly issued token. At the core layer, meanwhile, discussions explored separate design paths for more specialized requirements, including staking privacy, pre-distribution of blob data, and account validation based on shared state. - At the same time, the Ethereum Foundation’s workforce and budget cuts, its broader organizational restructuring, and the launch of Ethlabs began to reveal a more distinct division of roles: the EF would focus on preserving Ethereum’s neutrality and self-sovereign properties, while external organizations would work to accelerate institutional adoption and broaden the utility of ETH. - The shift from an EF-centered model toward a more multipolar development ecosystem may therefore become a new experiment in decentralization: one that tests whether multiple organizations can balance the interests of their backers with the independence of their research, while maintaining a shared sense of direction and responsibility without a single center. 📱 X Post 🌎 Full Article (Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	218
13	: : [Asia/Comment] TradFi Is Swallowing the Korea CEX Written by Heechang The CEX plays a different role in Asia than in the West. Retail traders tend to rely on exchanges rather than taking sovereignty over their own assets through non-custodial wallets. That reliance grew strongest in Korea, where regulation restricted the on/off ramp to only 5 licensed CEX. This is a joint research initiative on “Asia CEX Research” with SurfAI. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	248
14	: : [Asia/Article] Japan Crypto Market Report, Q2 2026: When Market Sentiment and Regulation Diverged Written by Eren - Q2 2026 was a quarter in which market conditions and regulatory progress diverged in Japan. The Bitcoin price kept falling, while the FIEA amendment bill was submitted to the Diet and the amended Payment Services Act took effect, moving Q1 policy direction into legislation and enforcement. - Tokenization expanded from the cash leg to the underlying asset. The Progmat working group put forward a micro stock concept and a tokenization law proposal, giving concrete shape to equity tokenization. But stocks await a general law, so a tokenized MMF, issuable through an Investment Trust Act amendment alone, is the more likely first result. - The amended Payment Services Act widened market entry while strengthening asset safeguarding. It established an intermediary business for operators that connect transactions without holding user assets, allowed up to 50% of trust type stablecoin reserves in government bonds and time deposits, and added a domestic holding order. The intermediary business in particular shifts stablecoin competition from issuance qualifications to the user point of contact. - Bitcoin treasury companies faced their first stress test, while regulated distribution businesses expanded. Metaplanet recorded a JPY 114.5 billion net loss and saw its mNAV fall to 0.9x, weakening its premium-dependent fundraising cycle. Meanwhile, SBI expanded stablecoin distribution and exchange consolidation, while JPYC surpassed JPY 3 billion in cumulative issuance and broadened real-world use cases. 📱 X Post 🌎 Full Article (Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	244
15	$: : [Crypto/Comment] An Era Without a Shared Market Written by Jay As crypto becomes increasingly integrated into regulated m$ : : [Crypto/Comment] An Era Without a Shared Market Written by Jay As crypto becomes increasingly integrated into regulated markets and stakeholder interests grow more fragmented, the idea that a single narrative or leader can set the direction for the entire industry is becoming less viable. Rather than trying to predict which sector will define the next cycle, industry participants should focus on teams that have demonstrated real demand in their respective markets and can connect assets, liquidity, and users across products. 🌎 Full Comment (X / Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	221
16	: : [Investment/Report] Securitize, Inc. (SECZ) — Initiating Coverage Written by Ponyo - We initiate coverage of Securitize Corp. with an Outperform (Speculative) rating and a price target of $14.50, the probability-weighted intrinsic value of our scenario DCFs, approximately 96% above the $7.41 close of July 8, 2026. The target weights bear, base, and bull intrinsic values of $3.93, $13.04, and $28.16 at 25/50/25. The catalysts that force price discovery are the Q2 2026 print and the first equity-tokenization revenue. The shares have fallen approximately 40% since the July 2 debut on no company-specific news, a move we and press coverage attribute to post-SPAC investor rotation through a thin float. At $7.41 the market pays 0.51x our weighted value and 0.57x our base-case DCF value, with the equity-tokenization option priced at zero. Prices are as of the July 8 close; the stock has since held near that level, closing July 21 at $7.54. - Revenue quality, not topline growth, is the center of our analysis. Securitize’s tokenization revenue was flat year-over-year ($11.3M in Q1 2025 versus $11.1M in Q1 2026, down 1%), with full-year 2025 implying a lumpy intra-year path, while platform AUM traveled from $2.9B to a $4.6B peak and back to $3.4B. FY2025’s 234% revenue growth was driven by acquired fund administration and by one-time, partly token-denominated integration fees, not by an AUM royalty. We model the business as four distinct revenue streams. The decomposition drives our estimates below management’s September 2025 targets. - Q1 2026 results ($19.5M revenue, +39% year-over-year; adjusted EBITDA $0.8M) mark the trough of the recent crypto drawdown rather than the forward run-rate, but the recovery case must be argued from catalysts, not extrapolation. Tokenized AUM was $3.4B at March 31, 2026 and recovered above $4.0B by April (company disclosures). Our FY2026E base case of $92M sits below the $110M management estimate that the issuer itself walked back in the definitive proxy. - We view the competitive moat as real and specific. Securitize is the only company licensed to operate regulated digital-securities infrastructure in both the US and the EU. The stack comprises an SEC transfer agent, a FINRA broker-dealer with an ATS, the first FINRA custody and atomic-settlement approval (May 4, 2026), fund administration, a CNMV Investment Firm authorization, and an EU DLT Pilot Regime Trading and Settlement System license granted November 26, 2025. Assembling the stack took nine years. The licenses are reinforced by a technical layer that regulation cannot commoditize. The proprietary DS Protocol compliance framework and the shared Securitize iD investor registry sit inside every token on the platform, so migrating an issuer means redeploying contracts on every chain and re-verifying every investor. In our view the open question is not replication but disintermediation and fee capture, which we address in Section IX. - The intrinsic ladder defines the risk-reward. Downside to our bear-case value of $3.93 is 47%; upside to our base-case value of $13.04 is 76%; the bull case is worth $28.16. The bear assumes growth slows to the recurring engine’s pace (a 31% revenue CAGR) valued at a punitive 17% discount rate; the base requires execution of a 60% revenue CAGR built on contracted but largely unconverted channels; the bull requires the Computershare and NYSE equity-tokenization infrastructure (signed and rule-approved) to convert at scale from 2027. The July 8 close is consistent with a roughly 60% probability on the bear path and none on the bull. A cash floor of approximately $1.92 per share, 26% of the July 8 close, bounds but does not eliminate downside. 📱 Report Summary (Post) 🌎 Full Report (Website) FP Website \| Telegram (EN / KR) \| Twitter (EN / KR)	219
17	: : [Investment/Report] Securitize, Inc. (SECZ) — Initiating Coverage Written by Ponyo - We initiate coverage of Securitize Corp. with an Outperform (Speculative) rating and a price target of $14.50, the probability-weighted intrinsic value of our scenario DCFs, approximately 96% above the $7.41 close of July 8, 2026. The target weights bear, base, and bull intrinsic values of $3.93, $13.04, and $28.16 at 25/50/25. The catalysts that force price discovery are the Q2 2026 print and the first equity-tokenization revenue. The shares have fallen approximately 40% since the July 2 debut on no company-specific news, a move we and press coverage attribute to post-SPAC investor rotation through a thin float. At $7.41 the market pays 0.51x our weighted value and 0.57x our base-case DCF value, with the equity-tokenization option priced at zero. Prices are as of the July 8 close; the stock has since held near that level, closing July 21 at $7.54. - Tokenized real-world assets reached $31.93B as of June 2026, up 164% year-over-year, with US Treasury products at $14.80B (46.4% of the market) (rwa.xyz, July 3, 2026). The market grew 46% in the first half of 2026 alone. Regulatory prerequisites that blocked institutional adoption (stablecoin legislation, broker-dealer custody, exchange rulemaking, and EU settlement licensing) were each addressed between July 2025 and May 2026. - Revenue quality, not topline growth, is the center of our analysis. Securitize’s tokenization revenue was flat year-over-year ($11.3M in Q1 2025 versus $11.1M in Q1 2026, down 1%), with full-year 2025 implying a lumpy intra-year path, while platform AUM traveled from $2.9B to a $4.6B peak and back to $3.4B. FY2025’s 234% revenue growth was driven by acquired fund administration and by one-time, partly token-denominated integration fees, not by an AUM royalty. We model the business as four distinct revenue streams. The decomposition drives our estimates below management’s September 2025 targets. - Q1 2026 results ($19.5M revenue, +39% year-over-year; adjusted EBITDA $0.8M) mark the trough of the recent crypto drawdown rather than the forward run-rate, but the recovery case must be argued from catalysts, not extrapolation. Tokenized AUM was $3.4B at March 31, 2026 and recovered above $4.0B by April (company disclosures). Our FY2026E base case of $92M sits below the $110M management estimate that the issuer itself walked back in the definitive proxy. - We view the competitive moat as real and specific. Securitize is the only company licensed to operate regulated digital-securities infrastructure in both the US and the EU. The stack comprises an SEC transfer agent, a FINRA broker-dealer with an ATS, the first FINRA custody and atomic-settlement approval (May 4, 2026), fund administration, a CNMV Investment Firm authorization, and an EU DLT Pilot Regime Trading and Settlement System license granted November 26, 2025. Assembling the stack took nine years. The licenses are reinforced by a technical layer that regulation cannot commoditize. The proprietary DS Protocol compliance framework and the shared Securitize iD investor registry sit inside every token on the platform, so migrating an issuer means redeploying contracts on every chain and re-verifying every investor. In our view the open question is not replication but disintermediation and fee capture, which we address in Section IX. - The intrinsic ladder defines the risk-reward. Downside to our bear-case value of $3.93 is 47%; upside to our base-case value of $13.04 is 76%; the bull case is worth $28.16. The bear assumes growth slows to the recurring engine’s pace (a 31% revenue CAGR) valued at a punitive 17% discount rate; the base requires execution of a 60% revenue CAGR built on contracted but largely unconverted channels; the bull requires the Computershare and NYSE equity-tokenization infrastructure (signed and rule-approved) to convert at scale from 2027. The July 8 close is consistent with a roughly 60% probability on the bear path and none on the bull. A cash floor of approximately $1.92 per share,	1
18	: : [Investment/Report] Securitize, Inc. (SECZ) — Initiating Coverage Written by Ponyo - We initiate coverage of Securitize Corp. with an Outperform (Speculative) rating and a price target of $14.50, the probability-weighted intrinsic value of our scenario DCFs, approximately 96% above the $7.41 close of July 8, 2026. The target weights bear, base, and bull intrinsic values of $3.93, $13.04, and $28.16 at 25/50/25. The catalysts that force price discovery are the Q2 2026 print and the first equity-tokenization revenue. The shares have fallen approximately 40% since the July 2 debut on no company-specific news, a move we and press coverage attribute to post-SPAC investor rotation through a thin float. At $7.41 the market pays 0.51x our weighted value and 0.57x our base-case DCF value, with the equity-tokenization option priced at zero. Prices are as of the July 8 close; the stock has since held near that level, closing July 21 at $7.54. - Tokenized real-world assets reached $31.93B as of June 2026, up 164% year-over-year, with US Treasury products at $14.80B (46.4% of the market) (rwa.xyz, July 3, 2026). The market grew 46% in the first half of 2026 alone. Regulatory prerequisites that blocked institutional adoption (stablecoin legislation, broker-dealer custody, exchange rulemaking, and EU settlement licensing) were each addressed between July 2025 and May 2026. - Revenue quality, not topline growth, is the center of our analysis. Securitize’s tokenization revenue was flat year-over-year ($11.3M in Q1 2025 versus $11.1M in Q1 2026, down 1%), with full-year 2025 implying a lumpy intra-year path, while platform AUM traveled from $2.9B to a $4.6B peak and back to $3.4B. FY2025’s 234% revenue growth was driven by acquired fund administration and by one-time, partly token-denominated integration fees, not by an AUM royalty. We model the business as four distinct revenue streams. The decomposition drives our estimates below management’s September 2025 targets. - Q1 2026 results ($19.5M revenue, +39% year-over-year; adjusted EBITDA $0.8M) mark the trough of the recent crypto drawdown rather than the forward run-rate, but the recovery case must be argued from catalysts, not extrapolation. Tokenized AUM was $3.4B at March 31, 2026 and recovered above $4.0B by April (company disclosures). Our FY2026E base case of $92M sits below the $110M management estimate that the issuer itself walked back in the definitive proxy. - We view the competitive moat as real and specific. Securitize is the only company licensed to operate regulated digital-securities infrastructure in both the US and the EU. The stack comprises an SEC transfer agent, a FINRA broker-dealer with an ATS, the first FINRA custody and atomic-settlement approval (May 4, 2026), fund administration, a CNMV Investment Firm authorization, and an EU DLT Pilot Regime Trading and Settlement System license granted November 26, 2025. Assembling the stack took nine years. The licenses are reinforced by a technical layer that regulation cannot commoditize. The proprietary DS Protocol compliance framework and the shared Securitize iD investor registry sit inside every token on the platform, so migrating an issuer means redeploying contracts on every chain and re-verifying every investor. In our view the open question is not replication but disintermediation and fee capture, which we address in Section IX. - The intrinsic ladder defines the risk-reward. Downside to our bear-case value of $3.93 is 47%; upside to our base-case value of $13.04 is 76%; the bull case is worth $28.16. The bear assumes growth slows to the recurring engine’s pace (a 31% revenue CAGR) valued at a punitive 17% discount rate; the base requires execution of a 60% revenue CAGR built on contracted but largely unconverted channels; the bull requires the Computershare and NYSE equity-tokenization infrastructure (signed and rule-approved) to convert at scale from 2027. The July 8 close is consistent with a roughly 60% probability on the bear path and none on the bull. A cash floor of approximately $1.92 per share,	1
19	: : [Asia/Article] Three Layers to Understand the Japan Crypto Market Written by Heechang - Japan's crypto market matured through a pattern of crisis followed by framework followed by adoption. Mt. Gox, Coincheck, and DMM Bitcoin each expanded the regulated perimeter, culminating in the April 2026 FIEA amendment that reclassifies 105 approved tokens as financial instruments. - The 2026 package is a simultaneous overhaul of seven reforms in one vehicle. It brings a flat 20.315% tax from 2028 (down from up to 55%), insider trading bans, issuer disclosure duties, SESC surveillance, and an LPS Act change letting Japanese VC funds hold crypto directly. - Exchange consolidation is the near term structural story. Roughly 90% of Japan's 27 licensed exchanges operate at a loss, and rising FIEA compliance costs should concentrate volume into a few scale players, with SBI's bitbank acquisition as the clearest signal. - Japan now runs a full digital yen and tokenization stack. Four complementary stablecoin tracks (JPYC for retail, Project Pax for B2B, JPYSC for tokenized assets, USDC for trading) plus the FIEA security token framework set up institutional adoption, with the 2028 spot ETF window as the largest flow catalyst. 📱 X Post 🌎 Full Article (Website) FP Website \| Telegram (EN / KR) \| X (EN / KR)	220
20	: : Four Pillars Joins Finality Forum as Official Research Partner Four Pillars is joining Finality Forum, taking place on 9 October 2026 in Singapore, as its Official Research Partner. Finality Forum is the crypto edition of Convergence Summit, whose previous conference have brought together speakers from Stripe, AWS, Notion and other leading global technology companies. As Official Research Partner, Four Pillars will bring research to the conversations taking place at the forum. Drawing on our research, and institutional advisory work across Korea, Japan and the wider Asian market, we will connect the region's crypto markets with the global capital gathering in Singapore. Following our research partnerships with MoneyX and WebX in Japan, this partnership extends Four Pillars' presence into Singapore, one of Asia's most important hubs for institutional digital assets. 🎟 Event Page 📱 X post FP Website \| Telegram (EN / KR) \| X (EN / KR)	224

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