Released in commemoration of the 10th anniversary of the Singapore FinTech Festival (SFF), this report celebrates the maturation of blockchain technology, the shift of institutional capital, and groundbreaking innovations like Decentralized Finance (DeFi) and asset tokenization. The narrative has shifted decisively from purely "disrupting banks" to "transforming financial market infrastructure", laying the groundwork for a new financial architecture that is more open, programmable, inclusive, and efficient.
