Fu Peng, Chief Economist at Xinhuo Group, addressed the Hong Kong Web3 Carnival, explaining his shift from traditional finance to the crypto industry. Fu, a seasoned macroeconomic scholar, highlighted the evolution of financial markets and the integration of crypto assets into traditional asset management frameworks. He emphasized the transformative role of technology, likening the current crypto landscape to the financial innovations of the 1970s and 1980s. Fu noted that the maturation of crypto assets now allows them to be included in diversified investment portfolios, similar to traditional commodities and financial derivatives. He predicted that 2025 and 2026 would be pivotal years for crypto assets, with increased institutional participation and regulatory clarity paving the way for broader adoption. Fu's insights underscore the ongoing convergence of traditional finance and the crypto sector, marking a new era in asset management.