Spirit Blockchain Capital (CSE: SPIR), a company that’s building the bridge between traditional finance and the rapidly evolving world of blockchain, Spirit gives investors an accessible way to actually participate in Web3 opportunities without having to manage the complexity that usually comes with it.
Lyndsay Malchuk recently caught up with Spirit Blockchain’s CEO, Lewis Bateman for more insights.
The following is a transcription of the above video, and The Market Online has edited it for clarity.
LYNDSAY: You have a deep background in bulls, capital markets and digital assets, and you bring such a unique perspective on where the future of investing is heading. So first off, welcome back, and I just know this is going to be a great conversation.
LEWIS: Thanks Lindsay. I am excited to talk about where we are today and where we plan to be in the future, and what is really, what is really transpiring between the traditional markets, call it tradeoff and, and defy the digital markets. And I’m looking forward to having that chat.
LYNDSAY: Absolutely. Let’s peel back just the first layer for those who might be newer to the space, how does Web3 actually work? And another point, how does it work in relation to blockchain technology?
LEWIS: Well, what Web3 three really represents is the next evolution of the internet. It’s a decentralized user-centric model built on blockchain tech technology. Blockchain provides the foundational infrastructure, it’s immutable, it’s transparent ledger where data value and digital ownership can be recorded without any reliance of traditional, centralized authorities.
In Web3 users regain control of their data, their assets, and their interactions and Spirit is part of that shift, leveraging blockchain not just for cryptocurrencies, but for real productive asset management where they maintain, or the users maintain, greater transparency, greater efficiencies, and greater ownership. And you’re seeing that across multiple sectors. The use of blockchain, you’re seeing that with lots of large multinational and large ownership businesses like BlackRock. And we see ourselves very much fundamentally part of that development.
LYNDSAY: Okay. So just from my understanding, which is probably quite little in the blockchain space, what we normally do is we track from beginning and then, we track more towards the end. So a blockchain there’s places within the actual cycle where you actually can trace it all the way back throughout that process. Am I correct?
LEWIS: Correct. Every single chain, every single block is ledgered from the day of the existence and the day of the release. And you can track that movement of value or information on each and every single block and in each and every single exchange between two counterparties. And that’s what’s really unique. And it’s open, it’s transparent, it’s available to anyone who has the understanding and the wherewithal to validate that infrastructure.
LYNDSAY: You’re often called a pioneer and tokenized asset management. What do you think sets you apart in this space?
LEWIS: Well, I think there’s a couple things. One, I think it’s our management team who’ve got years of experience and understanding in the marketplace, who’ve spent time in large institutions that know the traditional markets, but have taken all that knowledge, extracted it, and saying, okay, these are the things that we want to carry forward, and here’s the things that we know we need to make better.
At Spirit, we saw the early adoption or the early understanding of a kind of asset management from the transition of mutual funds to ETFs. And now this wonderful world or word that we’re using, tokenization.
It’s the ability to represent ownership of real-world assets or digital assets on chain or on a blockchain. And it would fundamentally reshape finance. And this is even what Larry Fink is talking about.
Our innovation lies in between that institutional grade, regulatory structure, regulatory compliance structure that makes tokenized assets really accessible, productive for investors. We’ve designed a platform where assets are not only just tokenized, not only for novelty like the NFT markets, but are actively managed for yield, liquidity, and long-term growth.
We’re bridging the best of traditional asset management with new capabilities that Web3 offers. And we’re giving clients the confidence, the transparency, and the performance they expect and with far greater flexibility and, and efficiencies.
LYNDSAY: When it comes to generating strong income strategies, can you actually walk us through what you’re doing specifically and why go this road instead of just investing directly into cryptocurrency?
LEWIS: Well, I think cryptocurrency as a whole has a, a stigma. People think it’s complex or that they have to memorize some very secret code or password. And then if they don’t remember that they’re lost forever. The reality is that we come across not only understanding that marketplace or that software, or that solution set, but we also know that we want to bring in less speculation and more strategic asset management.
And while cryptocurrency investment is highly volatile and dependent on market timing, Spirit uses a diversified approach. We’re utilizing not only our capital from a proxy perspective to the underlying crypto assets, but we also believe in income generation and capital preservation. And so our strategies not only involve staking, yield farming, real world asset tokenization and liquidity provision, we optimize that through our own proprietary intellectual properties, algorithms and risk management protocols.
And we use that so that we have better performance. We use that to price protect and to limit the price swings. You know, we’ve seen obviously big highs and big lows just in the last few months, and we’re focused on productive deployment of capital that earn a steady return. We also believe in this growth segment of this overall market. And we aim to bring stability and predictability under our regulatory guidance that we have on our prospectus, which ultimately I think lowers volatility.
LYNDSAY: Let’s take a step back here then, and what do you see as the biggest roadblock right now for both institutional and retail investors when it comes to adopting Web3 and blockchain?
LEWIS: I think that’s a very interesting conversation to have. There’s lots of things that are happening in the marketplace overall, both globally and macro. But the real major roadblock that we think are the ones that clients are asking for is trust. And we think having this public domain access is really pivotal, and regulatory clarity, both regionally and globally.
Institutions in particular are asking for robust frameworks. Clear compliance, pathways and operational transparencies, and both retail and institutions are often faced with complexities. And although Web3 seems intimidating with the user friendliness of an interface, it requires clear information and clear methodologies. We think we give that to the marketplace.
We’re building, an institutional grade solution while creating hopefully simpler, more accessible on-ramps for both retail and institutional investors while maturing with the overall market, the ecosystem. And we think we can lead in this in a very credible way. And I also feel impassioned from an educational perspective of taking our traditional knowledge and showing what the barriers are and continue to make sure those barriers are knocked down with our implementation of our services.
LYNDSAY: Why is now the right time to invest in Spirit? What do investors stand to gain by getting in today rather than waiting to see how things unfold?
LEWIS: First and foremost, I think we are at a critical time. You’re seeing a lot of change globally. Web3 adoption is really at its tipping point. You’re seeing more and more financial institutions using it as its own core infrastructure to build. Regulatory frameworks are emerging, you’re seeing the change of even the SEC and a lot of regulatory bodies coming to an adoption, understanding and a requirement.
The greater the masses take control of their own assets, the more the use case becomes relevant. And Spirit is positioned at the forefront of this global shift. And early investors gain that exposure not only through a high hope, and we believe in exponential growth of this tokenized asset economy, but It also it benefits from first mover advantages.
We have our own proprietary technology, we have great strategic partnerships, we’ve seasoned leadership and by investing now, you get the upside in a very early nascent marketplace while shaping it and helping that future landscape.
Spirit Blockchain’s website is spiritblockchain.com and you can find them on the CSE under the ticker symbol, SPIR.
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