The Olympic Games are going to start this summer. Where athletes from all over the world will participate. Athletes compete in four individual events such as swimming, fencing, riding and running and shooting in a competition such as the pentathlon. And this competition is a test of strength, agility and speed as the athletes participate in the competition. Similar multidisciplinary competition is already underway within such financial jurisdictions today. Among the current competitions, jurisdictions are vying for the prize of capitalizing on the next generation of financial services. Which we have open tokenized finance. And it opens a tokenized finance that works on a decentralized system
The Olympics is a popular and very historic competition. Currently there are many departmental competitions with competitions like financial jurisdictions already underway. Currently all these services are competing for the prize of capitalizing on the next generation. These services include opening tokenized finance. Which currently works in a decentralized system.
It is a competition in which athletes from all over the world participate. Competitors here include established financial hubs such as London, New York and Hong Kong. And these competitors dominated the pre-digital era. But in addition to these contenders in this competition, there are hungry rivals - EU member states, the United Arab Emirates (UAE), Singapore, Bermuda and California. Now that's a significant change especially from the last year and a half when some were skeptical about the future of crypto. But an important point here is that currently Team USA has boycotted this financial Olympics. And with Team USA boycotting the financial Olympics, there is a rare opportunity for a new champion to emerge.
Currently in this Summer Olympiad competition, there are four individual competitions. Among these are competition for regulatory effectiveness, founder depth, market size and capital market strength. It's currently being blamed for improving New York's regulatory system as a result of New York's financial exclusion, and an analyst and investor thinks about how difficult it is to win in all four categories, especially those outside of your direct control.
A report conducted by Galaxy on the issue of such financial exclusion in New York has been published by the organization. There they noted that US-based companies still receive the majority of venture capital in the blockchain sector. They basically get most of the venture capital in terms of both deal count and capital shares. Even so, their share has declined significantly in the present. Even if the macro ranking of capital availability is where can capital be transferred? If considered as an indicator of that, it can be seen that the United Arab Emirates, Qatar, China and Singapore are notable contenders to watch. For example, Bermuda could become a leading hub for stablecoin issuance. When a winner is considered not to be available. Also considering that while Dubai may excel in offshore institutional trading.