WLFI Co-Founder Ryan Fang Says Regulated Stocks Are Best Suited to Move On-Chain First

WLFI Co-Founder Ryan Fang Says Regulated Stocks Are Best Suited to Move On-Chain First

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News Editor
2026-09-30 03:32:35
Ryan Fang, co-founder of WLFI, said at GWDC 2026 Korea that the migration of asset ownership onto blockchains is a logical step in technology and market structure. Speaking during a fireside chat on the second day of the event in Seoul, Fang said stablecoins are central to that shift because they can serve as a pricing benchmark and a gateway for global capital to access on-chain assets and investment opportunities. Fang argued that regulated equities are the most suitable assets to move on-chain first. He said clearer rules for on-chain stocks and securities outside the United States would be meaningful, and added that he would like to see assets from South Korea and Hong Kong brought on-chain. Drawing on his own experience as a U.S. retail investor, he said investing in a Korean company had been difficult in practice, not because of unwillingness to comply, but because access barriers for overseas individual investors were too high. He also said stablecoins will expand beyond investing into leverage, lending, and global payments. In his view, on-chain equities could be used as high-quality collateral in DeFi borrowing, while clearer regulation would give investors more confidence and help institutions commit more capital under investor protection frameworks.

GWDC 2026 Korea was held on Sept. 29-30, 2026 at the aT Center in Seoul, South Korea. The event was hosted by Web3Labs and co-organized by Techub News, HypaiLabs, and TokenPost.

Speaking during a fireside chat on the second day of the conference, WLFI co-founder Ryan Fang said the shift of more asset ownership onto blockchains is a logical technological progression. He said that model would allow people around the world to access any asset using any currency.

Stablecoins as the entry point for on-chain capital

Fang said WLFI has devoted significant effort to stablecoins because they can act as a pricing benchmark and serve as a channel for global capital to enter on-chain assets and investment opportunities.

Regulated equities should move on-chain first

Asked which assets are best suited to go on-chain first, Fang said regulated stocks are the strongest candidate. He said clearer regulation for on-chain stocks and securities in markets outside the United States would be meaningful, and added that he hopes to see assets from South Korea and Hong Kong brought on-chain.

He used his own experience as an example. As an individual investor in the United States, he said he had previously wanted to invest in a Korean company but found it difficult to do so in practice. The issue, he said, was not a lack of willingness to comply with rules. The barrier was that access for overseas individual investors was too high. Even though that company later issued an American depositary receipt, he said that was only one case, while many companies still do not have such a channel.

Fang added that investors in different markets show strong interest in assets tied to robotics, chips, and AI. In his view, the core issue is accessibility in capital markets and investment channels.

Stablecoins could expand into lending, leverage, and payments

On stablecoin use cases, Fang said they are not limited to investment activity and will also take on a larger role in leverage and lending. He said users could borrow in DeFi against on-chain stocks and similar assets used as high-quality collateral, and that this structure is easier to extend to global users than a centralized framework.

He also said the case for stablecoins in global payments remains intact.

Regulation seen as key to investor and institutional confidence

On regulation, Fang said clear rules can give investors confidence in holding assets and can also encourage institutions to commit more capital when investor protection mechanisms are in place. He said the United States has already seen a number of positive developments and that he hopes other countries will also make constructive regulatory progress.

Five- to ten-year outlook centers on blockchain, stablecoin payments, and AI

Looking out five to ten years, Fang said the biggest opportunity lies in the combination of blockchain, stablecoin payments, and AI. He said computing power, storage, model access, and agent payments are becoming digitized. Companies working with stablecoins and blockchain that can find product-market fit in those areas and improve efficiency will hold an advantage.

He said that could make an environment where individuals, institutions, and agents coexist more efficient and more convenient.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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