Bitcoin bulls descend on Singapore in search of the next big bet
About 25,000 people will attend Token2049 in Singapore to discuss the crypto market outlook.
Bitcoin enthusiasts are flocking to Singapore for Token2049, one of the year's most significant cryptocurrency conferences. Expected attendees number around 25,000, with 500 exhibitors and 300 speakers set to convene at the iconic Marina Bay Sands from October 7-8. Prominent names in the crypto space, including Hyperliquid's Jeff Yan, Polymarket's Shayne Coplan, and Eric Trump, co-founder of World Liberty Financial, will participate.
The rally, which saw Bitcoin surge from $58,000 in June to $85,000 on October 6, has reignited optimism about a new bull market. However, the market has not fully recovered the momentum of previous cycles. Token2049 aims to provide insights into where crypto founders, developers, investors, and financial institutions are placing their bets.
Cryptocurrency investment firm Primitive Ventures' Dovey Wan highlighted the asset class's growth and resilience. Despite a prolonged slump since October 2025, Bitcoin experienced a 43% gain in the three months leading up to September, marking its strongest quarter since late 2024. Token2049 will explore how traditional finance is integrating onto blockchain networks, with tokenized assets, stablecoins, and 24/7 trading driving convergence.
Notable speakers include Ethereum co-founder Joseph Lubin, Binance co-CEO Richard Teng, and crypto billionaire Justin Sun. The conference will also delve into AI's role in the crypto industry and cybersecurity concerns following recent attacks. Singapore has become a major digital-asset hub, with Chainalysis reporting US$284 billion (S$363 billion) in crypto activity between July 2025 and June 2026, a 55.4% increase from the previous year.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
