Solana Foundation President Lily Liu unpacked her “Internet Capital Markets” vision with moderator Michael Lau, Chairman of Consensus, in a fireside conversation at ConsensesUS Hong Kong 2026.
Liu also argued that the true strength of blockchains is in finance and markets, not utopian general-purpose tech. Liu envisions a global marketplace for capital formation, which would allow seamless access from everyday payments to high-frequency trading and creating unified world market for all the assets on its own chain.
Lius traced crypto’s capital-raising development beginning in the early ICO and later to rapid modern raises, saying that this extensible primitive should support non-crypto projects and companies around the world. In most markets, Liu emphasized the need for democratising talent and capital formation (which is rare), as crypto has its core societal impact.
In highlighting Asia’s pivotal role, Liu called it crypto’t “core market,” rather than frontier, as its Bitcoin origins and vast user/talent base are known for. Liu argued for revenue-focused metrics over governance tokens, insisting that real network and app use must be driven to drive sustainable value accrual to holders in order to maintain long-term sovereignty and opportunity.
Thanks for reading Solanas Lily Liu champions internet capital markets at Consensus Hong Kong 2026