GDA Capital organized the quarter Global Family Office Summit this week. The event was held virtually with a number of technology leaders and wealthy investors discussing issues such as education, trust, and responsibility to give back. These included insightful talks with Dubai-based Dalma Capital’s CEO Zachari Cefaratti, Holt Fintech Accelerator founder Brendan Hold Dunn, Global Data Sentinel CEO and White City Ventures, Chairman of the Board Shahal Khan, and Elitium CEO Raoul Milhado. Participants also gained access to off-market opportunities to invest in new technologies.
Will Bartlett, GDA Capital Research Director, headlined the event by focusing on technology in the modern economy and identifying six sectors where new technologies can have a lasting impact: robotics, space, biotechnology, machine learning, quantum computing and blockchain. In the context of blockchain, he discussed how digital assets hedge against traditional financial markets. “Cryptocurrencies have no exposure to stock market returns, macroeconomic factors, or currency and commodity returns,” Bartlett said.
More so, Bartlett believes that new models for digital assets such as DigitalBitsBranded stablecoins are key to the development of the field. These currencies are replacing traditional rewards and loyalty point systems commonly used by household brands by transferring them to the blockchain. Meanwhile, they rely on brand equity to avoid volatility.
DigitalBits founder Al Burgio explained how this provides an opportunity to tackle a large-scale problem. The point economy represents billions of untapped capital and tackling it will be “a process; once you go through it, you see the reaction of others. It’s about building blocks. “
Likewise, GDA Capital Chairman David Shafrir, Enzo, CEO of Alpha Sigma Capital Villani, PALcapital founder James Haft, and accredited European asset manager Nicholas Verwilghen tackled alternative asset investments. Haft believed that “alternative assets are a disaster, a sandbox to go mainstream,” while Verwilghen believes asset custody is key to boosting institutional investment. Villani also shared a clear view as we see central banks enter the space.
The tone of the event can perhaps be summed up by serial entrepreneur and investor Candace Johnson’s keynote address. She explained why she sees blockchain as not just disruptive, but a way to ‘build a better world’. According to her, ‘data-driven algorithmic technologies are responsible for today’s digital transformation in nearly all fields, from hard sciences to social sciences, to humanities, and across a variety of sectors, from health and commerce to education, law. and the arts. “Blockchain is no exception.