The appointment comes as conventional wealth managers and household workplaces in Asia take a rising curiosity in digital belongings. Boston Consulting Group estimates whole belongings below administration within the area will attain $99 trillion by 2029, with Singapore and Hong Kong amongst its key monetary facilities. Globally, roughly one-third of household workplaces have already got publicity to cryptocurrencies, in line with Goldman Sachs.
Asia development
Asia is more and more the place crypto’s retail scale and institutional ambitions collide. APAC was the world’s fastest-growing area for onchain exercise within the yr by means of June 2025, with transaction quantity surging 69% to $2.36 trillion, in line with Chainalysis.
India led its world adoption rankings, whereas Singapore and Hong Kong are competing to determine themselves as regulated digital-asset hubs, making the area an more and more vital battleground for corporations courting conventional monetary establishments and rich traders.
“Asia’s wealthiest households and managers are more and more investing in digital belongings,” Lai mentioned within the press launch. “B2C2 has the liquidity and execution infrastructure this consumer base wants.”
Lai’s appointment follows a collection of hires by B2C2 in Asia below APAC CEO David Rogers, together with Laura Teo as Singapore nation head.
B2C2 is 90% owned by Japan’s SBI Holdings, and has change into a part of the monetary group’s broader push into digital belongings.
