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Alec Goh, head of HTX Ventures: Institutions enter the market using "hype," but ultimately, the market will return to fundamentals

ChainCatcher news, Alec Goh, head of HTX Ventures, was invited to attend a roundtable forum in Dubai themed "Crypto's Next Chapter: From Hype to Fundamentals," where he shared his observations on institutional capital dynamics and investment strategies.Alec pointed out that as institutional capital enters the crypto market, they occasionally leverage hype cycles to gain attention and market recognition, such as DAT (Digital Asset Tokenization) and other tokenized asset projects. These short-term surges can lead to rapid market cap growth, but ultimately the market will revert to fundamentals: real revenue, product adoption, and execution are the core of long-term value.Alec further stated that for most institutions, the current phase is more like an "experiment and learning period," where they gradually accumulate practical experience through tokenization exploration, treasury asset diversification, and product strategy validation. In the future, collaboration between traditional enterprises and blockchain infrastructure will shift from PR stunts to actual product implementation and business closure.Alec emphasized, "HTX Ventures' position is very clear: we do not participate in retail speculation competition, but focus on technological and regulatory inflection points, allowing hype to gradually evolve into sustainable infrastructure, thereby promoting the long-term healthy development of the crypto ecosystem."

Huobi HTX venture capital head Alec Goh: The market needs to return to fundamentals, AI agents may trigger the next round of growth

ChainCatcher news, on October 29, Alec Goh, head of Huobi HTX Venture Capital, was invited to attend the Blockchain Life 2025 conference in Dubai and participated in a roundtable forum themed "Crypto Market 2025: New Growth or Continued Stagnation?"In his speech, Alec stated that the October 11 black swan event exposed the structural vulnerabilities of the crypto market, including weak liquidity, over-leveraging by retail investors, and reliance on a few large market makers. The automatic deleveraging mechanism of exchanges triggered a chain reaction during the event, further deteriorating market depth. Alec believes that the current market is in a "consolidation period after speculation," similar to 2016 or 2019, where market enthusiasm has cooled, but builders are quietly accumulating market share. To regain retail investors' trust in the market, the industry must return to fundamentals: more stable liquidity design, stronger security systems, and higher quality projects.Regarding future trends, Alec believes that the combination of AI and blockchain is entering a construction cycle, similar to the DeFi phase in 2018. In the next 2-3 years, we may see AI agents directly interacting with smart contracts, and 'Initial Model Offerings (IMO)' becoming a new financing method, which could be the starting point of the next big wave.Finally, Alec introduced that Huobi HTX Venture Capital is currently focusing on projects that make blockchain "more user-friendly and practical," such as DeFi, infrastructure, AI agents, and RWA tokenization, aiming to promote the evolution of blockchain from a "technical tool" to mainstream financial and technological infrastructure.
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