HONG KONG, Nov. 5, 2021 /PRNewswire/ -- TADS Awards (https://tadsawards.org/) is the world's first annual international awards for the Tokenized Assets & Digital Securities sector. Co-organized by Asia Pacific Digital Economy Institute, Coinstreet Partners and the STO LAB , and sponsored by American Pacific Bancorp and GOIR, the 2nd year inaugural ceremony of the TADS Awards -- "TADS AWARDS GALA 2021" was hosted at 8 pm on Nov 5th as one of the official satellite events of the HONG KONG FINTECH WEEK. A total of eighteen (18) winners were announced from two (2) awards categories: "Best of Class TADS" and "Ecosystem Excellence," including the newly added NFT Token Award, NFT Platform Award, and Rising Stars Awards.
Mr. King Leung, Head of FinTech at InvestHK remarked at the ceremony, "We have witnessed very significant organic growth in the Digital Assets industry in Hong Kong in recent years. As the 2nd largest arts auction market in the world, Hong Kong is well positioned to be a market leader in the NFT sector particularly in the area of digital arts." Mr. Leung added, "TADS Awards is a great initiative which can provide a platform for global entrepreneurs to showcase their projects. It can help to connect companies and investors, and grow the ecosystem far beyond Hong Kong."
Dr. George Lam, Chairman of Hong Kong Cyberport commented at the ceremony, "I am glad to see TADS Awards share a vision of fostering the development of digital assets and financial innovation. I am also delighted to see this international digital asset industry award ceremony taking place in Hong Kong, a well-recognized international financial center." Dr. Lam elaborated, "The tokenized asset industry is a rising star in financial markets and plays an increasingly important role in the global economy. I look forward to seeing more innovative solutions from them and other industry players that can lead to further applications for tokenization and greater benefits to our economy. Again, congratulations to all the winners."
Mr. Robert Lui, Hong Kong Digital Asset Leader of Deloitte explained, "STO is a global trend. It is one of the new capital fundraising channels for corporations. TADS Awards is a very meaningful and powerful event that can give encouragement and recognition to participants. It can also help to attract more young companies to join this industry."
Mr. Paul Howard, Co-Founder of Digital Arts Fair Asia said, "It is a very interesting time to see how securitization of tokens and assets is growing, and very exciting to see Hong Kong being at the forefront of it. During the recent Digital Arts Fair, we have seen a huge interest in both tokenized assets and non-fungible tokens. The combination of the two will create a new asset class that will revolutionize the art industry." Mr. Howard further added "TADS Awards can help develop the industry by building different sectors, and allow industry players gain recognition in ways that they are not able to independently."
Mr. Samson Lee, Chairman of Steering Committee of TADS Awards, and Founder and CEO of Coinstreet Partners noted, "TADS Awards 2020" was successfully launched last year with strong support from many industry leaders and key ecosystem drivers from over 16 countries." While reflecting on the growth of the TADS industry, Mr. Lee further commented, "It is amazing to see the increase in global support across all areas including business partnership, number of quality award nominations, and participation of committees. I am delighted to see the TADS Awards make an even larger impact in the industry, as the TADS market has gained momentum globally this year."
"Digital Banking is a key strategic direction for future development of American Pacific Bancorp, and digital assets are making their way into a fully regulated new asset class. We are very delighted to support TADS Awards which creates very positive momentum globally, driving the growth of the industry," said Mr. Frank Heuszel, CEO of American Pacific Bancorp and sponsor of TADS Awards.
TADS Awards celebrates these industries by recognizing and honoring significant contributions and distinguished achievements worldwide. Hosted annually, TADS Awards brings together individuals and businesses to share the energy that tokenization brings to the financial sector.
TADS Awards also aims to nurture the growth of these specific industries by jointly establishing "best practices" and setting "measuring standards" for high-quality tokenized assets and digitized securities, together with other industry leaders on the global market. - https://tadsawards.org.
The winners of TADS Awards 2021 are :
"Best Of Class TADS" Award Category (For Asset Issuers)
- Equity / Income-Backed Token - Fusang
- Asset / Fiat-Backed Token - Bitt
- Tokenized Debt Token / Loan - Sumitomo Mitsui Trust Bank & Securitize
- Non-Fungible Token (NFT) - Publish & Kasong Art Museum (Project "Hunminjeongeum")
- ESG / SDG Token - ARYZE
- TADS Rising Stars - Curio Capital, Stormharbour, Vuele, Whrrl
- Mid-year Tokyo Award - Sumitomo Mitsui Trust Bank & Securitize
"Eco-System Excellence" Award Category (For Service / Solution Providers)
- KYC / Compliance Solution - Ix Fintech
- Securitization / Tokenization Solution - Tokeny Solutions
- Custodian / Asset Management Solution - Prime Trust
- NFT Platform Solution - CurrencyWorks
- Brokerage / Liquidity / Yield Solution - InvestaX
- Ecosystem Rising Stars - Archax, Alpha Finnovate, Covario, DigiShares
- Mid-year Tokyo Award - Magic Circle Technologies Group
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 are projected to undergo exponential growth in the coming years.
For more information about TADS Awards - https://tadsawards.org
To watch the "TADS Awards Gala 2021" ceremony - https://tadsawards.org/2021-award-gala/
About Asia Pacific Digital Economy Institute
Asia Pacific Digital Economy Institute (APDEI) 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 the digital economy. For more information, please visit - https://apdei.org/
About Coinstreet Partners
Founded in 2017, Coinstreet is an award-winning, decentralized investment banking group, a high-end financial services firm for private wealth, and a professional consultancy firm in the Digital Asset and FinTech sectors, providing a business eco-system for the new era of digital economy. Coinstreet Partners focuses on five key business segments: (1) Asset Tokenization & Digitized Securities Consultancy, (2) Digital Asset Management & Private Banking, (3) Digital Asset Global Distribution Coordination, (4) TADS Issuance, Trading & Management Platform, and (5) DeFi, NFT & 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 The STO LAB
Incubated by the Hong Kong Cyberport, the STO-LAB provides fully compliant, one-stop, end-to-end "asset tokenization" and "digitized security global distribution" solutions. The STO-LAB delivers asset tokenization services for a variety of asset types, including fixed assets, real estate, commodities, derivatives, stocks, debt, cash flow, and investment funds. The 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/
SOURCE Coinstreet Partners