Blockchain as the Catalyst for Capital Market Transformation
During a fireside chat at Consensus Hong Kong 2026, Solana Foundation Chair Lily Liu unveiled her vision for a blockchain-powered internet capital market, reshaping how value is created and exchanged globally.
She stressed that the true potential of blockchain lies not in idealistic general-purpose technology but in transforming finance and markets. Liu advocates for tokenizing assets worldwide—from daily transactions to high-frequency trading—enabling seamless capital mobility.
- Tokenizing global assets to break down financial barriers
- Building a unified market for capital formation
- Democratizing access to capital and talent
The Evolution of Crypto Funding and Asia's Strategic Role
Reflecting on the evolution of crypto financing—from early ICOs to today's rapid capital formation—Liu emphasized its potential to empower non-crypto projects globally.
She underscored Asia's central position in the crypto ecosystem, not as an emerging but as a foundational market, given its Bitcoin origins and extensive user and talent pool.
Revenue-Driven Metrics as the New Value Standard
When evaluating token economies, Liu argued that sustainable value creation stems from real network usage and application adoption. Revenue-driven metrics, she said, should take precedence over governance token distributions to ensure long-term autonomy and opportunity.