Aptos Experience2025 Theme Dialogue Highlights: No Single Script, Only the Right Choice

BlockBeats News, October 17th, according to official sources, Hyperion CEO Claire, Hashed Partner Baek Kim, and Ashbury Legal Founding Partner Ryan Williams engaged in a dialogue and sharing session on the theme of "Tokens, IPO, and First-tier Trading Platforms: The Path to On-chain Public Listing of Projects" at the Aptos Experience 2025 event, each expressing their insightful viewpoints:

Hyperion CEO Claire proposed the vision of "Listing Equals On-chain" during this dialogue, believing that within 5 years, a company's listing will be equivalent to issuing tokens on a decentralized platform. The core advantage lies in achieving "programmable interest consistency" among global ecosystem participants. However, she also acknowledged the existence of "beautiful chaos" in on-chain governance, as 24/7 operations and community governance will bring operational costs that traditional enterprises do not have to face.

Hashed Partner Baek Kim pointed out in this dialogue the current founder's misconception of a "technology-driven listing timeline," emphasizing that capital can grow exponentially while founder capabilities can only evolve linearly, posing a core contradiction in the industry. He suggested that projects maintain "extreme agility" to respond to market upheavals occurring every two weeks, as a successful TGE depends more on seizing market windows rather than rigidly adhering to the product roadmap.

Ashbury Legal Founding Partner Ryan Williams in this dialogue refuted the suggestion of a "one-size-fits-all approach to going global," emphasizing that project architecture should fully serve the value accumulation model—DeFi protocols are suitable for tokenization, while IP-driven companies need to retain flexibility for equity mergers and acquisitions. He predicted that the "securitization tokenization trend is irreversible," but cautioned U.S. founders to carefully assess overseas architectures to avoid adding additional compliance burdens in a complex regulatory environment.

Hosted by OKX Ventures Partner Jeff Ren, in summary, he pointed out that current crypto projects are facing unprecedented decision-making power. The key to success lies in choosing the most appropriate path based on the project's nature, from Alpha Launchpad to a traditional IPO, from on-chain tokens to security tokenization. "There is no single script, only the most suitable choice."