Dialogue with Ren Junfei @junfei_ren, CEO of Pando Finance Limited Founder of Silicon Valley Hong'an Fund, with over 10 years of experience in the financial services and asset management industry. Pando was approved in February 2023 to manage an investment fund with up to 100% virtual assets, making it the first institution in Hong Kong capable of issuing ETF public offerings and managing virtual assets, and it launched Hong Kong's first blockchain ETF public fund (listed on the Hong Kong Stock Exchange in 2022). Let's listen together to why regulation is a necessary rite of passage for the crypto space.