Walking into Token2049 in Singapore felt like stepping onto the set of a sci-fi movie, somewhere between Blade Runner and Minority Report.
Sprawled across all five floors of the Marina Bay Sands convention space, a first for any financial event, Token 2049 wasn’t just a crypto conference, it became a vibrant pop-up city for 25,000 digital asset devotees.
It may well have also redefined the future of financial investment events or, at the very least, raised the bar by several notches.
I regularly attend and engage in all major financial, investment and banking events in Singapore, but Token 2049 was something altogether different.
Ziplining, wall climbing, pickleball courts, cold plunges, gong ceremonies, sprawling lunch buffets and on-site massages were all part of the experience. As Mr Spock might have observed: “It’s a finance event, Jim, but not as we know it.”
Yet for all the spectacle, this was a serious gathering of global crypto leaders and influencers, and there was significant capital in the halls hunting for the next digital asset unicorn.
At its core, Token2049 is a high-powered platform where decision-makers across the crypto ecosystem connect to exchange ideas, build networks and shape the industry’s direction. It successfully drew a heady mix of entrepreneurs, institutions, investors, developers and enthusiasts, all immersed in a maelstrom of Web3 energy and innovation.
Unlike traditional financial events however, this one had an edge and preconceived notions were being tested and ideas challenged. Several participants I spoke with admitted they were learning things they’d never encountered before; and it was changing, in a positive way, how they were thinking about crypto.
High-profile appearances added to the buzz. Panels featured the current US president’s son Donald Trump Jr and McLaren Formula 1 driver Lando Norris, injecting both political and pop-cultural star power into the agenda.
Crypto’s relentless momentum
Speaking with participants, exhibitors and panellists, the consensus was clear: the cryptocurrency and digital asset sector is maturing rapidly, and that evolution is still accelerating.
This latest crypto development cycle, notes Mazen Eljundi, neobank Revolut’s global business head of crypto, stands apart from previous ones.
What’s new, he says, is a growing sense of regulatory clarity and a marked shift in the quality of participants, institutional players and capital that are now stepping in decisively.
Eljundi also highlights the rise of stablecoins and their potential to transform the remittance landscape and multiple decentralized finance use cases.
Crucially, digital asset infrastructure is still improving, he stresses, and the products are becoming more user-friendly, with simplified interfaces across multi-chain and -bridge ecosystems.
All of this, he argues, is helping make crypto more accessible to everyday investors, setting the stage for broad-based, global adoption.
The presence of global luxury and lifestyle brands, such as Audemars Piguet, supercar manufacturer McLaren, Sotheby’s, Franck Muller and Moët Hennessy Diageo, rarely if ever seen at traditional financial or investment events, is also a clear sign that major brands see strong commercial potential in the crypto sector and are eager to align with its growing wealth and influence.