On Nov. 19, 2024, the financial and digital asset communities will converge at Convene in New York City for Benzinga's Future of Digital Assets event. The conference aims to offer a comprehensive overview of the digital assets field, providing attendees with a platform for networking and knowledge sharing.
Among the esteemed speakers is Caitlin Long, founder and CEO of Custodia Bank, who is known for her significant contributions to the blockchain and cryptocurrency industries.
A Leader in Blockchain Innovation
Long brings a wealth of experience to the event, with over two decades in corporate finance at prestigious institutions like Morgan Stanley, Credit Suisse and Salomon Brothers.
Her career transitioned to pioneering efforts in the blockchain space when she identified critical inefficiencies in traditional financial systems.
Long's journey in the digital asset realm began in earnest in 2012 when she became an active participant in the Bitcoin community.
Regulatory Challenges and the Path Forward
Long has been vocal about the regulatory hurdles facing the cryptocurrency industry. She argues that the U.S. needs to address these challenges proactively to prevent fraudsters from gaining prominence.
"There's a lot of grift," she explained at the 2023 Fintech Deal Day & Awards in New York City, drawing parallels between the early days of the internet and the current state of the cryptocurrency market. Her concerns about regulatory oversight echo the difficulties faced during the dot-com era, emphasizing the need for a stringent review to safeguard investors.
Custodia Bank’s Role in a Bullish Future
Under Long's leadership, Custodia Bank launched its Bitcoin custody service for institutional clients earlier this year, a strategic move timed with the anticipated bull market in 2024. This service, currently available in select states, positions Custodia Bank at the forefront of the digital assets banking revolution, preparing for increased demand as the market conditions evolve.
A New Breed of Banking
Long’s efforts extend beyond her corporate role. She actively participated in legislative developments in Wyoming, her home state, which has adopted numerous blockchain-friendly laws under her guidance.
Her dedication to creating a “new breed of bank” that prioritizes technological advancement and customer respect has set a new standard in the banking industry.
Join the Digital Asset Revolution
As the digital asset landscape continues to evolve, Long's insights at the Future of Digital Assets conference will be invaluable for anyone looking to understand the future of money and investment in alternative asset classes.
Her perspective not only highlights the potential of digital assets to transform traditional financial paradigms but also underscores the importance of sound regulatory frameworks to foster sustainable growth in the industry.
Why You Should Attend Benzinga's Future of Digital Assets
Benzinga's Future of Digital Assets is a one-day gathering of digital asset changemakers leading innovation in money. It is a chance to understand the state of money and its future, offering conference-goers the opportunity to network and deal with peers in the industry.
Click here if you want to learn more or to buy tickets.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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