Conviction 2026 welcomes back Johan Nyvene – Chairman, HSC Securities.
Beside leading a top-tier investment bank and securities brokerage in Vietnam - HSC Securities, Johan is also a board member of other listed companies and serves as an advisor to several startups and fintech companies. Johan has spoken at many events both inside and outside of Vietnam, with topics ranging from traditional finance and Vietnam's securities markets to Fintech and DeFi.
Following his participation in Conviction 2025 panel "HCMC - The Financial Hub of Tomorrow" which explored how Ho Chi Minh City can evolve into an international financial centre with digital assets and fintech as key growth drivers, he returns to Conviction 2026 with valuable insights into the latest progress in Vietnam's digital asset market.
Join Conviction 2026 and stay tuned for insights from HSC's Chairman!
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👉 Grab your Early Bird tickets now to unlock exclusive insights from top-tier speakers at Conviction 2026:
👉 Register now for Conviction 2026 & Claim your exclusive Ivy NFT:
The Largest National Digital Asset & AI Event in Vietnam
📍 Location: Ho Chi Minh City, Vietnam
📅 Date: August 14–15, 2026
🌐 Website:
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Conviction 2026 has officially been elevated to a National-Level Digital Assets & AI Forum, dedicated to redefining Vietnam’s position on the global economic map.
This is more than just an event; it is a strategic cornerstone for building the next-generation International Financial Center (IFC). This digital-age financial hub will serve as the convergence point for smart capital flows and the world's most disruptive technologies, including AI and Blockchain.
Conviction 2026 stands as a bold testament to a proactive and resilient Vietnam, ready to lead the digital asset wave in the region. Notably, the forum is honored to welcome the participation and guidance of Government Leadership, affirming a powerful commitment to propelling Vietnam firmly into a new era of national ascension.
⚖️ Backed by Prestigious National Authorities:
- Executive Direction: Ho Chi Minh City People’s Committee.
- Leadership: HCMC Department of Culture and Sports, in coordination with the HCMC Department of Science and Technology.
- Policy Consultant: Vietnam Chamber of Commerce and Industry (VCCI).
- Organizers: HCMC Electronic Communications Association (EIC) and HCMC Blockchain Association (HBA).
- Host: Ninety Eight.
🚀 The gateway to the Vietnamese market is more open than ever. Do not miss your chance to stand alongside major financial institutions, policymakers, and the visionaries shaping Vietnam’s prosperous future.
Register for Conviction 2026 today!
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Conviction 2026 - The Largest National Digital Assets & AI Event in Vietnam
📍 Location: Ho Chi Minh City, Vietnam
📅 Date: August 14–15, 2026.
🌐 Stay updated on speakers & forum content at:
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Rey Maximo (
@rui_maximo), VP of Security at
@SkyMavisHQ, is taking the Conviction 2026 stage.
Rey Maximo leads cybersecurity, compliance, AI and IT at Sky Mavis - the company behind Axie Infinity and Ronin, the #
1# gaming-centric blockchain by all-time NFT volume.
Rey brings 25+ years in various technical and executive roles across software development, cybersecurity and blockchain at Fortune 500 companies, including JP Morgan Chase,
@Microsoft, and
@amazon, plus blockchain security at
@circle and
@coinbase. From 2016, he served as the CTO at several blockchain startups and advised
@Cartier (Geneva) on blockchain for product authenticity and supply chain. Along the way, he authored 6 technical books, secured 3 patents, designed a cybersecurity course for Bellevue University, and shipped security products trusted by 100 companies to protect their Skype for Business Server infrastructure.
Join Conviction 2026 and stay tuned to hear insights from a leading voice at the intersection of cybersecurity and blockchain!
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👉 Grab your Early Bird tickets now to unlock exclusive insights from top-tier speakers at Conviction 2026:
👉 Register now for Conviction 2026 & Claim your exclusive Ivy NFT:
The Largest National Digital Asset & AI Event in Vietnam
📍 Location: Ho Chi Minh City, Vietnam
📅 Date: August 14–15, 2026
🌐 Website:
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Gonna share my 2026 hedging thesis (long tweet warning)
I call it: how to get paid even if crypto bleeds and tech beta starts vomiting into year end.
Strictly my personal opinion. All info below are based on PUBLIC sources. Not financial advice, DYOR
With crypto potentially facing another 20-40% drawdown into year-end, I’m increasingly convinced that select oil and tanker equities are one of the cleaner hedges right now.
AND NO, this isn't another tweet about gambling long or short on crude.
The play is shareholder yield: dividends, supplemental dividends, and buybacks, backed by strong free cash flow, manageable leverage, and real asset exposure. Sized right, the basket could return 20-30% cash this year.
My thesis is not “which oil stock does 2x or 5x.”
It’s defensive: these companies are generating exceptional cash in the current freight and energy setup. Many run with low single-digit net debt to EBITDA, and select names can deliver double-digit shareholder yield through 2026 if rates stay firm.
That’s real cash flow while crypto chops, and honestly I’d rather have that than be all-in into tech growth names that offer zero yield buffer when risk assets correct.
Buying now can still qualify you for upcoming quarterly dividends, but you need to own shares before the official ex-date. Make sure you check share buyback policies too, because that’s where the real combo comes from: dividends + buybacks + potential share price gains.
ALSO AN IMPORTANT TAX NOTE everyone should know:
> US taxpayers: want the lower qualified-dividend tax rate instead of getting cooked at ordinary income rates? Usually you need to hold shares unhedged for 61+ days within the 121-day window around the ex-date.
> Non-US investors: normal US dividends can get hit with a 30% withholding tax slap. BUT many tanker names are foreign-domiciled, so the tax haircut can be much lighter. Don’t be lazy though, check domicile, broker, and local tax before celebrating.
The near-term dividend window is worth watching, but I’m separating confirmed declarations from forecasted ex-dates.
Confirmed/recent shareholder-return updates:
> ASC announced on april 29 (literally yesterday) that it is doubling its payout ratio to two-thirds of adjusted earnings, effective Q1 2026. Q1 MR spot TCE was around 33.7k/day, and Q2-to-date was around 50k/day. Dividend amount/date still needs official declaration.
> Var Energi (OSL:VAR/VARRY) has a confirmed 300M Q1 2026 distribution payable June 12, with another 300M guided for Q2.
> Eni (E/ENI.MI) confirmed a 2026 dividend of €1.10/share and raised its buyback plan by about 90% to €2.8B.
> TTE raised its first 2026 interim dividend by 5.9% to €0.90/share and doubled Q2 buybacks to $1.5B. Not a May/June capture name, but good shareholder-return ballast.
For the tanker watchlist:
> DHT has one of the cleanest payout formulas: 100% of ordinary net income as quarterly cash dividends. Q1 payout/date still needs declaration.
> TRMD’s last official distribution was $0.70/share. Any May dates floating around are watchlist inputs until TORM officially declares.
> FRO paid $1.03/share for Q4, and Q1 looks strong with VLCC days booked around 107.1k/day. But the next dividend is still pending.
> INSW’s most recent payout was $2.15/share combined ($0.12 regular + $2.03 supplemental) for Q4 2025. Next payout depends on Q1 results.
> HAFN (product/chemical tankers) raised its latest quarterly dividend to $0.1762/share and is seeking a new 10% buyback mandate at the 2026 AGM. Next payout pending.
> STNG is more buyback + quality product tanker exposure than a huge dividend-capture name.
> NAT has visible variable yield, but I’d treat it as higher risk.
The basket has 4 buckets:
Variable/formula-based tanker payouts: ASC, DHT, TRMD, HAFN, FRO, INSW, NAT
(highest dividend torque in the basket, but also the most variable)
Product tanker buyback discipline: STNG
(still shipping exposure, but more buyback + quality operator than huge dividend capture)
Big energy shareholder-return ballast: SU, TTE, E/ENI.MI, CNQ, REPYY/REP.MC, OSL:VAR/VARRY
(less sexy, but more grown-up hedge: dividends, buybacks, scale, and balance sheet durability)
Buyback/growth oil names: VIST, ATH. TO
(not dividend names, but buybacks can still create shareholder yield without sending you a cash dividend)
see the table below for the full visual overview with qualification/timing notes on every name (including higher-risk examples like PBR)
IMPORTANT: this is not a free dividend glitch.
Stocks often adjust down around the ex-date, sometimes more than the dividend itself. variable dividends can disappear if rates collapse. Buybacks only matter if management buys at sane prices.
So, the setup I like: own cash-return machines while the market is still underpricing how long energy cash flow can stay strong.
Why this hedge over the usual alternatives:
> tech stocks: still risk-on beta, no yield buffer
> bonds: help in recession, messy if inflation/oil risk stays sticky
> cash: safe but real returns are unexciting
> long dated puts: clean hedge, expensive theta bleed if timing is wrong
The tanker angle is different because strong Q1/Q2 cash flow can come back as dividends, supplemental dividends and buybacks. (not fixed, but in the right rate environment, cash returns fast)
Even if Hormuz reopens tomorrow, the system doesn't reset overnight:
> inventories still need to rebuild
> refined products can stay tight
> trade routes can stay inefficient
> Q1 cash flow already happened
> Q2 rates are the next thing to watch
Crypto for asymmetric growth, oil-linked yield for cash flow ballast. I don't need every hedge to 5x, sometimes the boring trade just keeps paying you while crypto does whatever crypto does.
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Conviction 2026 welcomes Tianwei Liu (
@Tian_wei) - Co-Founder & CEO,
@StraitsX.
With a background in software engineering, Tianwei has led StraitsX’s evolution into a stablecoin-native settlement layer powering global payments.
Under his leadership, StraitsX has become a first-mover in regulatory-first stablecoin infrastructure. As the issuer of XSGD and XUSD, fully reserved stablecoins recognised by the Monetary Authority of Singapore (MAS) as substantively compliant with the upcoming Single-Currency Stablecoin (SCS) regulatory framework, StraitsX is enabling stablecoin-backed card issuance across Asia, advancing seamless payment interoperability, and driving real-world utility for institutions and fintechs.
Tianwei is a leading voice in regulated stablecoin infrastructure, where compliance, institutional capital, and digital finance converge. Stay tuned to hear from StraitsX’s Co-Founder at Conviction 2026.
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👉 Grab your Early Bird tickets now to unlock exclusive insights from top-tier speakers at Conviction 2026:
The largest Blockchain & Digital Asset event in Vietnam
📍 Location: Ho Chi Minh City, Vietnam
📅 Date: August 14–15, 2026
🌐 Website:
Show more