📍 At HSC Asset Management Conference, our Associate Partner Cleo Cui @blockchenn spoke alongside leaders from @HSBC, Mulana Investment Management, Hivemind Capital and Evident Capital. On a panel titled "When Everything Becomes Liquid" , Cleo discussed the realities and future direction of asset tokenisation. The biggest takeaway - tokenisation is not "liquidity". She notes that tokenisation is a “twinning process”, creating an on-chain representation of an off-chain asset. If the underlying asset lacks depth, transparency, or liquidity, putting it on-chain does not change that. The asset is the foundation, while tokenisation and access are the tools and pipes. Real efficiency comes when the full lifecycle moves on-chain, enabling atomic settlement and true market transformation.