According to Odaily, Futu Securities Senior Vice President Zhu Zhen has authored an article titled 'From Virtual Currency to Digital Assets,' highlighting the evolving landscape of digital assets. With the Hong Kong government's development and implementation of virtual asset policies, the concept of crypto is becoming increasingly familiar among retail investors, and industry participation is on the rise. Beyond payment applications, crypto's use in financing, investment, and value storage is drawing the attention of institutional investors.
The launch of Ethereum (ETH) has been a significant milestone in blockchain technology, fostering innovation and expanding possibilities. Ethereum has not only advanced the development of smart contracts but also facilitated the emergence and popularization of decentralized applications (DApps), decentralized finance (DeFi), non-fungible tokens (NFTs), and initial coin offerings (ICOs). These technological advancements and applications have infused the crypto ecosystem with vitality beyond the realm of currency, offering more diverse investment and usage scenarios.
