CfC St. Moritz 2024: Crypto leaders celebrate Bitcoin ETF approval and raise CHF 100,000 for Giga

• The SEC’s approval of a landmark spot Bitcoin ETF has boosted industry experts’ positive outlook for 2024.
• CfC St. News revealed by Moritz includes the launch of DeRec Alliance in the Hedera and Algorand ecosystems and the launch of AsiaNext’s cryptocurrency derivatives trading.
• “Creating Connections,” a charity art auction hosted at the conference, hosted by CfC St. Combined with a donation from the Moritz board, 100,000 Swiss francs was raised for Giga.

St. Moritz, Switzerland, January 162024 / AlexaBlockchain/ – CfC St. Petersburg, a curated digital asset and blockchain conference for investors and decision-makers. Moritz returned to the Swiss Alps for the fifth annual event from January 10-12, 2024. In partnership with the Algorand Foundation, CfC St. Moritz hosted three days of panel discussions, keynotes, roundtables, networking dinners, and after-hours social activities.

CfC St. Moritz 2024 brings together 250 industry experts from around the world, including Chris Giancarlo, former Chairman of the United States Commodity Futures Trading Commission. Arthur Hayes, Maelstrom’s Chief Investment Officer; Fred Thiel, Chairman and CEO of Marathon Digital Holdings; Sheila Warren, CEO of the Crypto Council for Innovation; Anthony Scaramucci, founder and managing partner of SkyBridge; Meltem Demirors, CSO at CoinShares; Carlos Domingo, founder and CEO of Securitize; This is Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.

CfC St. Bitcoin ETF Approval in 2024 by Moritz and Upcoming Bitcoin Halving Fuels Optimism

CfC St. Moritz 2024 was marked as: Milestone Approval of First Spot Bitcoin ETF Announced by the U.S. Securities and Exchange Commission on Wednesday, January 10th. Speakers, sponsors, and attendees discussed the implications of accreditation for increasing accessibility and trust in digital assets throughout the conference.

Yat Siu, Co-Founder and Chairman of Animoca Brands, said: “Everyone in our industry is here talking in a very comfortable environment and in a transparent way. This is not easy at large conferences. Here it is much more focused and industry specific. You could probably call it a Web3 Davos type.”

Deepa Raja Carbon, Executive Director and Deputy Chairman of Dubai Virtual Assets Regulatory Authority, said: However, we equally respect that DeFi comes with its own gravity, maturity, and learning. This type of forum brings together the minds of the market and the minds of investors. The Bitcoin ETF approval and Bitcoin halving in April will certainly be game-changers. Having a bank in the UAE can help raise these issues.”

Chris Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission, said: “It’s amazing. This is a groundbreaking event. We were here discussing the ramifications of it all. This approval is a sign that the United States under the current administration has come to terms with cryptocurrencies and digital assets being part of its future. This is important because over the past decade since the Satoshi Nakamoto white paper, there has been ongoing debate about whether digital currencies pose a threat to traditional reserve currencies. “After two years of cloud adoption in cryptocurrency, I think 2024 will be a huge year for the industry.”

Arthur Hayes, Chief Investment Officer at Maelstrom, said: “2024 is putting us on the right path for an absolutely crazy 2025 and 2026. We are in a choppy phase right now and perhaps Bitcoin may hit an all-time high at some point this year. However, next year and the year after will be a time when everyone can make a lot of money. ETFs and halvings are the icing on the cake.”

Leon Marshall, CEO and Head of Global Sales at Galaxy Europe, said: “This has implications not only for our business but for the industry as a whole. First, there will be inflows into Bitcoin from various counterparties. We’re talking about RAs, banks, brokers, and entire marketing departments who, through Bitcoin, are able to see cryptocurrencies as an asset class first. But what this means is that the career risk for certain marketers (the sell side) trying to sell these products to customers is reduced. Because now it’s in packaging that everyone can understand, everyone has used before, and everyone is comfortable using. “This is a huge game changer.”

Kerry Langlais, Chief Strategy Officer at TeraWulf, said: “For Bitcoin miners, the focus over the next few years will be on efficiency and low costs. After a tumultuous 2023, we are now breaking free from that situation and entering 2024 on a more positive basis. “There will be a lot of growth and exciting things happening this year.”

CfC St. Industrial developments in Moritz 2024

CfC St Moritz continues to bring together leaders from a variety of industries, projects and organizations to form partnerships and alliances. This year’s conference featured milestone announcements from participating companies and ecosystems, including the formation of the DeRec Alliance by entities within the Hedera and Algorand ecosystems. DeRec Alliance aims to provide an open-source, industry-standard methodology that unifies the Web3 ecosystem to make digital asset recovery simple and secure across wallets. Alliance news comes from CfC St. On stage at Moritz, Dr. Hedera co-founder and Swirlds Labs co-CEO. Leemon Baird and John Woods, CTO of the Algorand Foundation, presented during a joint panel on Layer 1. Super power.

Also, CfC St. Moritz announced that AsiaNext, an institutional-only global digital asset exchange, has successfully launched cryptocurrency derivatives trading. This is an important development for institutional investors looking for a safe place to trade digital assets. Headquartered in Singapore, AsiaNext is a joint venture of SBI Digital Asset Holdings (SBI DAH) and SIX and is part of the industry’s only fully integrated digital asset ecosystem providing an institutional-grade, end-to-end digital asset value chain. Professional investor.

UNICEF Charity Art Auction for Giga: Engadin-based Works by Cole Sternberg

Making Connections – Digital Art for Connections: CfC St. Moritz 2024 is hosting a two-part charity art auction organized in partnership with UNICEF Switzerland, Liechtenstein and Christie’s to support Giga, a UNICEF and ITU global initiative that connects all schools. The Internet and its access to information, opportunity and choice for all young people.

The first auction was held at CfC St. It took place live on January 11, 2024, during Moritz 2024. Bertold Mueller, UNICEF Representative in Switzerland and Managing Director of Christie’s EMEA in Liechtenstein, raised CHF 74,000 by auctioning three custom works by renowned contemporary conceptual artist Cole Sternberg. Contribute to the charity’s school connectivity efforts.

CfC St. The Moritz Board of Directors donated an additional CHF 26,000, bringing the total raised to CHF 100,000.

The second auction (online and on-chain) will feature 24 works by local digital artists curated by Nina Roehrs and will be conducted by renowned global auction house Christie’s from January 24 to 31, 2024. To learn more about upcoming auctions, visit https://nft.christies.com.

For more information, see www.cfc-stmoritz.com.

About CfC St. Moritz
CfC St. Moritz is an intimate gathering of carefully selected opinion leaders and investors in a private and unique setting in the Swiss Alps. The annual applications-only conference fosters a culture of true connection and intentionally admits up to 250 international UHNWIs, family offices, funds and institutional investors, uniting the traditional financial sector and the cryptocurrency industry. CfC St. Moritz was founded in 2017 and has since held five in-person conferences in St. Moritz, one in Half Moon Bay, California, two virtual conferences during the pandemic, and several smaller events. The conference has a year-round staff of three, a number that grows to 45 during the conference, and is led by CEO and Chairman of the Board Nicolo Stoehr.

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Swiss Media Contacts
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CfC St. Moritz
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International Media Contacts
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Source: CfC St. Moritz

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