ARK Invest CEO: Bitcoin may reach $1.5 million by 2030, optimistic about the development of AI and Blockchain games.

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Executives from HashKey Capital and ARK Invest Discuss AI, Bitcoin, and Regulation at Hong Kong Web3 Event

At the opening ceremony of the Hong Kong Web3 Carnival, the CEO of HashKey Capital had a roundtable dialogue with the CEO and Chief Investment Officer of ARK Invest, discussing hot topics such as AI, Bitcoin prices, and regulation. The CEO of ARK Invest expressed optimism about Bitcoin's anti-inflation capabilities and the application prospects of AI and blockchain in the gaming sector. She reiterated her firm's prediction that Bitcoin could reach $1.5 million by 2030.

The following is the main content of the conversation:

The CEO of HashKey Capital first introduced the company's background, stating that the company is a leading institutional investor in the Web3 industry, with assets under management exceeding $1 billion and over 500 investment projects.

The CEO of ARK Invest stated that over the past few years, Bitcoin and blockchain technology have gradually matured and are having a profound impact on e-commerce and the financial system. She believes that the Web3 market needs global collaborative development, transcending borders, and anyone with internet access can participate.

Regarding the combination of AI and blockchain, the CEO of ARK Invest believes that this will be widely applied in the gaming sector. She mentioned investments from Sony and a certain blockchain platform in this area, anticipating that more gaming projects will integrate AI and blockchain technology. She stated that the core of AI is to provide faster processing capabilities, and the gaming industry has always been at the forefront of technology.

When it comes to Bitcoin ETFs, the CEO of ARK Invest stated that the approval of 11 ETF projects by U.S. regulators is an important milestone. This indicates that regulators are beginning to understand that virtual currencies can be traded safely. She pointed out that Bitcoin, as a low-correlation asset, can help investors diversify risk and enhance portfolio returns.

Regarding the Web3 development in Asia and Hong Kong, the CEO of ARK Invest highly praised the work of Hong Kong regulators. She believes that Hong Kong provides a comprehensive management framework that encourages the development of innovative technologies, setting an example for the world. She suggested that Hong Kong could leverage these regulatory experiences to offer better global expansion opportunities for entrepreneurs.

Finally, regarding Bitcoin price predictions, ARK Invest's CEO reiterated their view: by 2030, Bitcoin could reach $1.5 million. This prediction is based on the assumption that institutional investors may allocate 5% of their assets to Bitcoin. She explained that this prediction was raised from last year's $600,000 to $1.5 million, primarily due to the approval of the Bitcoin spot ETF by the U.S. Securities and Exchange Commission, which provides more convenience for institutional investors to participate in the Bitcoin market.

Cathie Wood Fireside Chat Transcript: Bitcoin will rise to $1.5 million by 2030, games will integrate AI and blockchain technology

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GamefiHarvestervip
· 5h ago
Stop dreaming, the market maker will play people for suckers and that's it.
View OriginalReply0
NewPumpamentalsvip
· 5h ago
It's all fun and games, don't take it too seriously.
View OriginalReply0
PaperHandsCriminalvip
· 5h ago
I've been following BTC for three years, and I've been trapped with 1.5 million.
View OriginalReply0
ZKProofEnthusiastvip
· 5h ago
Who can really dare to say it accurately about antisymmetry!
View OriginalReply0
0xSherlockvip
· 5h ago
One million five hundred thousand! What are you thinking?
View OriginalReply0
PermabullPetevip
· 5h ago
All in and it's done.
View OriginalReply0
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