Deep review of the main venue of the Crypto Valley Conference: SFI Chairman Eddie Chong's speech highlights the trust crisis, and the RWA liquidity dilemma reaches a turning point.

As a leading industry benchmark in Europe's Web4 sector, Crypto Valley Conference has been since its founding in 2018, characterized by high thresholds and a non-traffic-oriented elite circle, gathering global regulators, traditional capital, and top crypto projects, profoundly influencing the development trends of stablecoins, RWA, and decentralized AI tracks. Being able to deliver a keynote speech on the main forum of CVC itself is a recognition of the project's comprehensive strength and the authority of its founders by the industry.

On May 28, 2026, the main forum day of this year's conference, Eddie Chong, Chairman and CEO of SFI Group, became the core focus of the entire venue. Facing a full house, he directly pointed out two major industry ailments: the lack of trust systems and the exhaustion of asset liquidity. Unlike most practitioners who talk about track concepts in empty words, Eddie directly demonstrated SFI’s commercially operational Web4 closed-loop infrastructure—relying on 200k high-stickiness users, a compliant global payment network spanning over a hundred countries, real consumption flows from luxury e-commerce, and multiple country licenses—proving to top European institutions that mature, implementable Web4 infrastructure has already been born.

After the event, many DeFi founders, top VCs, and regulatory advisors proactively engaged in discussions, exploring ecological cooperation plans. Coupled with the new RWA regulatory details announced by the Canton of Zug on the same day, the industry’s direction has completely shifted: the concept hype cycle has waned, and compliant, ground-up infrastructure has officially become the core of competition in the RWA track.

This appearance also propelled SFI to complete a level leap, successfully entering the core Web4 co-creation camp recognized by European authorities and the capital circle.

1. Main Speech: Putting aside bubbles, facing trust and liquidity crises head-on **

Among the many visionary presentations, Eddie Chong’s keynote titled “Getting Back to Basics: The Trust Crisis and the Death of Liquidity—How Should We Evolve?” stood out as particularly unique. He directly exposed three major industry issues in the current top tracks: liquidity exhaustion after RWA assets are on-chain, stablecoin issuance difficulty matching real consumption scenarios, and the lack of compliant payment settlement outlets for rapidly iterating AI agents. In his view, these problems are not technical shortcomings but inevitable results of a complete failure of trust mechanisms: fragmented global regulatory policies, high barriers between institutions, and user doubts about on-chain asset security—capital dares not enter, funds are hard to settle, and assets cannot circulate. This is the biggest bottleneck restricting the large-scale landing of Web4.

In response to this dilemma, Eddie systematically presented SFI’s full set of solutions. He pointed out that the core difference between Web4 and Web3 lies in the transformation of economic participants: AI Agents are evolving from auxiliary tools into new economic entities capable of independently holding assets, completing transactions, and consuming autonomously. However, most infrastructure on the market is still designed around human users and cannot meet the specific needs of intelligent agents.

Based on this industry gap, SFI has built a full-chain closed-loop infrastructure centered on “stablecoins as the axis, RWA as fuel, and AI as the engine”:

● Solulu Club: Over 200k high-stickiness active users, strengthening the ecosystem’s liquidity foundation

● Solulu Pay: A compliant payment network covering over 100 countries worldwide, enabling bidirectional circulation of fiat and crypto assets

● Caviar: Lamborghini and Fendi co-branded luxury e-commerce, landing real consumption scenarios for stablecoins

● COPX DAO: AI quantitative trading system providing intelligent asset appreciation services

● RWA incubator and exchange: Covering the full lifecycle of asset on-chain, incubation, management, and monetization

“Liquidity is never created out of thin air by marketing hype; it stems from real trading demand and credible asset backing. As long as the three fundamental elements—users, flows, and compliance—are all implemented, capital will naturally gather toward high-quality ecosystems.” Eddie’s unique insight hits the industry’s core. After his speech, the venue erupted in prolonged enthusiastic applause. A top DeFi leader in Europe commented: “The industry is never short of RWA narratives, but Eddie is one of the very few practitioners willing to openly and transparently disclose user volume, payment coverage, e-commerce flows, and progress on licenses. This pragmatic attribute itself is the most scarce trust asset in the current Web4 industry.”

After the keynote, Eddie was invited into a VIP private discussion area, engaging in small closed-door negotiations with licensed custodians, cross-border payment project teams, and decentralized AI teams from Switzerland, Germany, France, and other regions. Moving away from macro narratives, they focused on local European operations, compliant custody, cross-border stablecoin settlement, and other implementation details, exchanging in-depth opinions. Several institutions expressed clear intentions for future cooperation, including compliant custody, DeFi cross-border settlement, and joint development of on-chain AI interfaces.

2. On-site Interview: Returning to infrastructure fundamentals, rejecting bubble-driven competition

During the conference, Eddie gave an exclusive interview with a现场记者. From three dimensions—industry observation, core issues, and European compliance layout—he candidly analyzed the development difficulties of Web4 and shared SFI’s mid- to long-term strategy. Regarding RWA liquidity shortages: “The industry’s biggest bottleneck is not technology but the trust cracks caused by long-term bubbles. Many projects focus heavily on marketing and light on implementation, failing to deliver real business and closed-loop ecosystems, leading institutional capital to remain cautious. To break the deadlock, we must abandon impatience, and use real users, normal flows, and a complete compliance system to restore market confidence.” Regarding the European market and Zug’s new policies: “Switzerland is the best testing ground for global institutional RWA implementation. Clear policies will accelerate industry reshuffling, eliminate purely conceptual projects, and benefit infrastructure platforms with full-chain service capabilities. Future leading Web4 projects must have the ability to connect compliant deposit and withdrawal, stablecoin consumption, asset appreciation, and RWA issuance and exit—this has been SFI’s core focus for many years.”

3. Industry review and conclusion: Policy inflection point, SFI completes global identity leap

On the afternoon of the same day Eddie Chong delivered his keynote, the Zug government officially released a special policy statement on RWA, clarifying issuance thresholds, compliant circulation standards, and cross-border settlement regulations. As one of the few industry leaders invited to witness the new policy release, Eddie engaged in in-depth discussions with local policymakers on the core terms. He believes this statement not only adapts to the Swiss domestic market but also signals the start of a global RWA compliance race; the industry’s competitive logic has been rewritten. Compared to conceptual marketing, the ability to deeply understand regulatory rules and adapt to compliance systems is the key to capturing the next development cycle. May 28 will also be a highly commemorative day for the Web4 industry. On the CVC stage, SFI confirmed to global practitioners that the ecosystem model integrating stablecoins, RWA, and AI Agents has long moved beyond empty narratives and now has mature commercial implementation models; the Zug policy’s introduction also fills the gaps in European local RWA compliance, establishing a reference standard for the global tokenized asset industry.

Looking at the current market, the industry has long bid farewell to the era of wild growth and hype; what is scarce is not the hollow track vision but the underlying infrastructure that can be implemented, connected, and profitable. Looking forward, SFI will continue to deepen in core tracks, improving supporting services such as stablecoin real consumption, high-efficiency RWA asset circulation, and AI agent financial payments, with solid infrastructure capabilities to actively participate in the global Web4 compliance development. Eddie summarized: “Compliance is the industry’s bottom line, infrastructure is the industry’s foundation, and the future of Web4 does not belong to storytellers but to those who diligently build the underlying pipelines and co-create.”