HONG KONG , Nov. 23, 2020 /PRNewswire/ -- TADS Awards (stands for "Tokenized Assets & Digitized Securities Awards") is the world's first annual international award for the asset tokenization and digital securities sectors. Hosted annually, TADS Awards gathers individuals and businesses to share the energy that tokenization brings to the financial markets around the world. The global launch and inaugural TADS Awards Gala 2020 presentation ceremony was hosted and globally broadcasted online during Hong Kong Blockchain Week on 18th November 2020 . A total of ten (10) winners were announced from two (2) awards categories: "Best of Class TADS" and "Ecosystem Excellence".
The World Economic Forum forecasts that by 2027, 10% of the world's GDP will be tokenized - an estimated market capitalization of US$24 trillion . Tokenized Assets and Digitized Securities are the next big wave of the financial market, and projected to undergo exponential growth in the coming years. TADS Awards celebrates these industries by recognizing and honoring significant contributions and distinguished achievements worldwide. It nurtures the growth of TADS industries by jointly establishing "best practices" and setting "measuring standards" for high-quality tokenized assets and digitized securities through close collaboration with other industry leaders on the global market - https://tadsawards.org .
Dr David Chung Wai -keung, JP, the Under Secretary for Innovation and Technology of the Hong Kong Special Administrative Region, commented in his opening speech for TADS Awards, "This will make Hong Kong first in the world for hosting an international awards for Tokenized Assets Digital Securities space, with a long-term vision to make TADS Awards one of the pre-eminent awards in the industry. To facilitate growth in this sector, the soon to be announced 'Hong Kong Smart City Blueprint 2.0' will provide new financial technology measures and offer more market opportunities in the FinTech industry here in Hong Kong ."
"Congrats to the organizers and sponsors for the leadership in putting this together. TADS has tremendous potential to bring about greater efficiency in financial transactions, intermediation and capital raising," said Mr. Wai-Lum Kwok , Senior Executive Director in Capital Market at Abu Dhabi Global Market (ADGM), during his keynote speech at the event. "At ADGM, we see ourselves as a catalyst for innovation, and will keep supporting the industry by developing calibrated, effective regulations that facilitate the growth and adoption of TADS."
The ten (10) winners who were announced from two (2) categories of awards including : MaiBlocks , Wave-Financial , Onecycle , Yubi , and Libra Project for the "Best of Class TADS" award category and Credify Pte Ltd , Securitize , Ledger , GSX , Flovtec for the "Ecosystem Excellence" award category, respectively as below.
Winners List of 2020 TADS AWARDS
Samson Lee , Founder and CEO of Coinstreet, and Chairman of the Organizing Committee of TADS Awards commented, "On behalf of the TADS Awards, we would like to sincerely thank all the committees, business partners, global ambassadors, award nominees who participated in the 2020 TADS Awards. The award was a great success due to gracious support from everyone. We are looking forward to expanding our partnership and ecosystem around the world to develop TADS Awards into one of the most recognized and distinguished awards for the TADS industry."
"We are seeing renewed interest in asset tokenization as regulations are starting to catch up to the innovation, and larger institutions have expressed interest to come into the market, which bodes well for the future of the TADS Awards," said Juwan Lee , Founder and CEO of Nexchange Group, and Steering Committee of TADS Awards.
Peter Yan , Chief Executive Officer at Hong Kong Cyberport, and Steering Committee of TADS Awards added, "The mission of the TADS Awards very much aligns with Cyberport's focus in facilitating industry development, especially in the areas of FinTech and Blockchain. Within our community, companies working on digital asset solutions make up more than one-tenth of our FinTech cluster amongst a growing variety of different sectors, and every day we see the sector become increasingly prevalent. We look forward to seeing winning solutions under TADS Awards take the industry to the next level and some of them joining our community in the future."
"Digital assets are now enabling enhanced commercialization models across industries and geographies. This is how we see TADS Awards and its ideas. Let's look forward to the ever-evolving and exciting technology updates and how it integrates in a secure and promising trading environment," noted Peter Koo , APAC Leader, IT & Specialized Assurance at Deloitte and Steering Committee of TADS Awards.
"I have been working in the equity markets for some 40 years. For much of that time, precedent has been honored, and established structures and procedures followed. Now I feel a 'wind of change' is blowing through financial markets, a change that we should and must embrace. The TADS Awards recognise pacesetters in this breakthrough area which has the potential to disrupt, and enhance financial services in Hong Kong and worldwide, while promoting secure, low cost and transparent transactions," said Mr. Martin Sabine , Chairman of Somerley Capital Holdings Limited and Steering Committee of TADS Awards.
"As we all move to digital platforms, STOs provide us with a more efficient and more flexible way of fundraising and investment structure on a global basis. TADS Awards bring together many good examples of STOs and can help promote the concept to a wider platform," reflected Stephan Law , Managing Director of ANS Capital Limited and Steering Committee of TADS Awards.
"TADS Awards reflect the shape of the future economic landscape in our ability to empower and create a level-playing field for all the people in the underserved markets," added Suresh K Sharma, Entrepreneur-in-Residence at the Georgia Institute of Technology and Steering Committee of TADS Awards. "I was impressed by the quality of all participants at TADS and very excited to be a part of a journey creating a more robust innovation ecosystem that enables fractional ownership and exchange of digital assets globally."
"Having TADS Awards is a great opportunity to step back and take a moment to recognize some of the outstanding innovators in both issuances and technologies in the tokenized assets and digital securities space. I think the awards have set a standard to strive for the industry participants in the coming years. It was a great honor to be a part of these awards,"said Chris Carlin , Asia Head of Alliances of Redistribution Solutions and Data Products at Morningstar, and Awards Committee of TADS Awards.
"I am very happy to encourage or advocate the use of blockchain technology in pursuing sustainable development goals. Token economy is surely a notable future displaying the perfect integration of financial & technological innovation. I hope to see advanced development in this area and witness the rise of ESG or impact tokens contributing to the green economy and becoming a catalyst for financing sustainable development goals," said Eva Law , Chairman of Association of Asia Family Offices and Vetting Committee of TADS Awards.
"I sincerely hope all young entrepreneurs participating in the TADS Awards will be successful! Hearty congratulations to all the winners of TADS Awards! Keep up the good work!" commented by Mr. Chan Heng Fai , Executive Chairman of American Pacific Bancorp, and strategic sponsor of TADS Awards.
TADS Awards is co-organized by the Asia Pacific Digital Economy Institute , Coinstreet Partners , Nexchange Group and The STO LAB . The event is proudly sponsored by American Pacific Bancrop , GOIR and supported by (in alphabetical order) - Association of Family Offices in Asia , Belt & Road TechFin Association , Crypto Valley Association , Deloitte , Hong Kong Blockchain Week , Hong Kong Cyberport , Hong Kong Fintech Week , IBM , KARM Legal Consultants , Korea Blockchain Cooperative , Microsoft Hong Kong , Morningstar , OSL , Paris Blockchain Week Summit , Somerley Capital , West Park Capital , among many others, plus the support from global ambassadors from over twelve (12) countries including (in alphabetical order) -- Archax , BINARYSTAR , Corum8 , Digimax , ECXX.com , Fintech4good , KARM Legal , Magic Circle Tech Ltd , PANews , Propine , Potrero Capital , Publishprotocol , The MFO ; and TADS Awards' PR, Media & Community Partners (in alphabetical order) -- AMBCrypto , Coinhubkorea , Cryptoevents , Cryptonomist , Cryptopolitan , Corum8 , Econotimes ,FintechFinance , Global Online Investor Roadshow , HKBA , Koinpost , Pacifica , Publishprotocol ,SmartMoneyMatch , Tokenpost , TheTokenizer , Unlock .
For more information about TADS Awards - https://tadsawards.org
To watch the "TADS Awards Gala 2020" ceremony - https://tadsawards.org/winners/#stream
About Asia Pacific Digital Economy Institute
Asia Pacific Digital Economy Institute aims to create a center of excellence, leadership and partnership to incubate new thinking and innovation in practice; advance thought-leadership; generate new growth opportunities; enhance the competitiveness and productivity of business; and cultivate talents to accelerate digital economy. For more information, please visit - https://apdei.org/
About Coinstreet Partners
Founded in 2017, Coinstreet is an award-winning*, AI-powered decentralized investment banking group and consultancy firm in the Digital Asset and FinTech sectors, providing a business eco-system for the new era of digital economy. Coinstreet focuses on five key business segments: (1) Digital Asset Investment Banking, (2) Digital Asset Management & Private Banking, (3) Digital Asset Private Equity, (4) Asset Tokenization & Security Digitization Management Solution, and (5) Decentralized Finance & DLT Solution.
Coinstreet is a co-organizer of Global Online Investor Roadshow (www.GOIR.info ) - the next generation, institutional scale, online private placement platform for private equity, alternative investments, and digital asset opportunities; and a co-organizer of TADS Awards (www.TADSawards.org ) - the world's first international award for Tokenized Assets and Digitized Securities sector.
For more information, please visit www.coinstreet.partners
About Nexchange Group
NexChange Group is a venture innovation and media platform specializing in Blockchain, FinTech, HealthTech, AI, Entertainment Tech and Smart Cities. By creating a global O2O community, NexChange creates, markets, accelerates and provides access to innovative products. Please visit - https://www.nexchange.com/
About The STO LAB
STO-LAB provides safe and fully compliant, one-stop, end-to-end "asset tokenization" and "digitized security global distribution" solutions. The STO-LAB platform can provide asset tokenization services for a variety of asset types, including fixed assets, real estate, commodities, derivatives, stocks, debt, cash flow, and investment funds. STO-LAB has established a global blockchain alliance network, with objectives of promoting Security Token Offering (STO) projects, facilitating convergence between digitized securities, tokenized assets and traditional financial market assets, and contributing to build a better eco-system for STO projects globally. For more information, please visit - https://thestolab.com/
About American Pacific Bancorp
American Pacific Bancorp (APB) is a bank holding company, focused on acquiring controlling equity positions of commercial banks in the United States . APB will inject digital banking capabilities into the banks to provide global banking services to global clients, increasing profitability. APB is managed by a team of bankers and entrepreneurs whose shared vision is to build a robust, integrated technologically advanced bank holding company. They envision establishing a unique, customer-centric, globally focused entity that provides banking services through digital channels. For more information, please visit - https://www.amerpacbancorp.com/
Please register here - for Online Press Conference will be held on 27 Nov 2020 for interviews with all ten 10 winners of 2020 TADS Awards.