TechFlow News, April 23: Fu Peng, Chief Economist of Huobi Group, delivered a speech at the 2026 Hong Kong Institutional Digital Wealth Management Summit Forum. He stated that the integration of traditional financial institutions with the crypto-asset market will herald a new era for the market; those truly poised to shape the future are the participants who swiftly transform themselves at critical inflection points.
Citing the concurrent rise of the Cold War, oil crises, and breakthroughs in computing and semiconductor technologies during the 1970s and 1980s, Fu Peng pointed out that technological advancement often coincides with global order upheaval—and risks and opportunities have always coexisted. He believes that AI and data computing power are now widely recognized as the core productive forces of the next era, signifying that the “first half” of the crypto industry has essentially concluded, and the sector is now at a pivotal stage of reconstruction and rebirth.
Looking ahead, Fu Peng forecasts that stablecoins will assume payment functions, while Bitcoin will evolve into a core asset combining value storage and financialized trading attributes—ushering in an entirely new chapter of the era.
