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This is Wyatt from Castle Island. And on today's episode of On the Brink, I was joined by David Lo, cofounder of Hata. Hata is an emerging crypto asset exchange serving the Southeast Asia market and a portfolio company, Castle Island. David and I chatted at length about the state of crypto in the region and what to be excited about. Without further ado, I hope you enjoy this episode. Matt
Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only. Brought
down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated. The federal government loans American International Group, AIG, $85,000,000,000. This is a different kind of market, and the That is a slink. The
federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis. The
Bank of England has pumped £75,000,000,000 more into Britain's ailing economy. And the new round of quantitative easing.
You print a couple $1,000,000,000,000 and all of a sudden people start to worry. So out of this worry, we have something called the Bitcoin Bitcoin.
David, thanks for coming on the podcast. Excited to have you join today. I think it'd probably be best to start with a quick introduction. So I'd love to hear more about your personal background, how you got into crypto, and what you're up to now.
Sure. Sounds good. So just a brief introduction of my personal background. I started my career as a lawyer. So I was a commercial litigator. I graduated in the UK then went back to Malaysia, Kuala Lumpur, to be specific. Spent about a year plus in legal practice before I then start moving into startups. I discovered Bitcoin in 2017. I would argue that I was very late into the scene, but some will argue otherwise in this day and age. But like most people who've discovered Bitcoin for the first time, when I discovered it, to me, it was revolutionary. I knew that this was a space to be in. This w
Yeah. I definitely wanna hear more about the market gaps that you're talking about. One thing you said, which I think is interesting, your initial interest or draw to crypto and to Bitcoin specifically in 2017, was that out of pure interest for yourself, or was it out of excitement having grown up in Malaysia and that the part of the world that you were in and you thought there was specific application to that case? Or was it from a legal point of view, or what drew you to it in the first place? I
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