As a leader with profound experience in both traditional finance and cryptocurrency, Dr. Cai shared the opportunity to join Nano Labs [NASDAQ: NA], his insights into the trend of "crypto-stock" integration, Nano bit HK's strategic planning, and his personal vision of serving as a bridge between the cryptocurrency world and Wall Street.

Article author: 0x9999in1

Source: MetaEra

The Web3 strategy and layout of listed companies have become a hot topic that the public is paying more and more attention to. In this context, MetaEra officially launched the "Crypto Concept Stock Executive Interview" series . We will talk to those business leaders who dare to take the lead in the wave of digital transformation, and discuss their strategic layout, business innovation and financial innovation from the first-hand perspective of decision makers, providing forward-looking insights for industry participants.

As the first interview in this series, MetaEra conducted an in-depth interview with Nano bit HK CEO Dr. Cai Kailong, focusing on the "strategic transformation and layout of listed companies under the trend of integration of traditional finance and cryptocurrency". As a leader with profound experience in both traditional finance and cryptocurrency, Dr. Cai shared the opportunity to join Nano Labs [NASDAQ: NA], his insights into the trend of "coin-stock" integration, Nano bit HK's strategic planning, and his personal vision of serving as a bridge between the cryptocurrency circle and Wall Street.

Going with the trend: Joining Nano Labs is the right opportunity for industry development

On July 17, 2025, Dr. Cai Kailong joined Nano Labs and served as the CEO of Nano bit HK. He believes that it is just a personal decision to go with the flow. He believes that the deep integration of cryptocurrency and traditional finance is advancing at an unprecedented speed. Cryptocurrency giants are flocking to the US capital market, while traditional financial institutions are actively participating in the encryption field through ETFs, funds and stock securitization, showing the two-way rush of the currency circle and Wall Street.

Dr. Cai and Dr. Kong Jianping, Chairman of Nano Labs, are highly consistent in their judgment of this trend. As early as five years ago, his doctoral dissertation in finance focused on the relationship between Bitcoin and U.S. stocks, predicting various scenarios for the integration of the two. This forward-looking vision has enabled him to always adhere to an investment strategy of half U.S. stocks and half cryptocurrencies when managing cryptocurrency funds, an approach that is quite unique in the industry. With his rich experience in traditional finance (such as Wall Street investment banks and Deutsche Bank) and cryptocurrencies (such as Huobi Group), it is natural for him to join Nano Labs. He believes that as an Asian blockchain company listed in the United States, Nano Labs' transformation from chip design to strategic cryptocurrency reserves has demonstrated a keen insight into industry trends.

Crypto-stock integration: The removal of regulatory barriers has triggered a spurt of development

In Dr. Cai's view, the craze for "coin-stock" integration stems from major changes in the regulatory environment. After Trump took office, the United States' attitude towards cryptocurrencies changed 180 degrees, the SEC leadership changed, Congress passed a number of crypto-friendly bills, and Hong Kong also increased its support for virtual assets. These changes eliminated regulatory barriers that had long suppressed market demand and triggered a blowout in the concept of "coin-stock". However, he reminded investors that bubbles and mixed fish and dragons are inevitable in this craze. Some companies may chase hot spots just to save their stock prices and lack a long-term strategic foundation.

Dr. Cai divides listed companies participating in the “coin-stock” integration into three categories:

• Native crypto companies: Strongly related to cryptocurrency and blockchain, enhancing compliance and influence through listing;
• Transformed companies: leaders have foresight and proactively transform and integrate into the crypto space;
• Hot pursuit: The main business is not doing well, and they are trying to save the stock price through cryptocurrency.

Regarding tokenized stocks, Dr. Cai pointed out that this is not a new concept. As early as 2020 and 2021, FTX, Binance and Mirror Protocol launched tokenized U.S. stock products. Robinhood's recently launched tokenized stock business has attracted much attention because of its status as a global compliant brokerage and its influence among young users. However, OpenAI's accusation of Robinhood's unauthorized behavior reveals that tokenized stocks touch the interests of unlisted super unicorns-the circulation of tokenized stocks may weaken these companies' pricing dominance in future financing. In addition, tokenized stocks also face regulatory challenges such as KYC, taxation, custody and stock definition, and their development prospects are full of challenges.

Strategic layout: Nano bit HK continues to raise funds to increase BNB reserve scale

An interesting point is that Dr. Cai described the "Coin-Share M7" concept proposed by MetaEra as the "seven sharp knives" that the cryptocurrency world inserts into traditional finance. These companies have become industry pioneers with their strong strength, compliant operations and excellent talents, seizing the right to speak and leading subsequent companies to enter this field. For example, Strategy (formerly MicroStrategy) has achieved a dozens-fold increase in stock prices through its Bitcoin strategic reserve, setting an example for other companies.

Regarding the future of Nano bit HK, Dr. Cai said that the company is already the first global leading listed crypto asset reserve platform with BNB as its core asset. He believes that although Bitcoin strategic reserves are still mainstream, its rate of return is not as good as other currencies. BNB is more attractive due to its diversified profit sources (such as staking, airdrops, etc.).

Nano bit HK’s strategy includes:

• Expand BNB reserves: Increase the size of BNB reserves through continuous fundraising;
• Deepen institutional cooperation: Cooperate with major institutions in the BNB ecosystem to develop more profit sources;
• Based in Hong Kong, facing the world: leveraging Hong Kong’s unique advantages in the field of stablecoins and virtual assets to promote industry development.

Dr. Cai emphasized that he will leverage his experience in traditional finance and cryptocurrency, especially his expertise in financing, asset management and risk control, to ensure that the company achieves its strategic goals. Nano bit HK will also leverage Dr. Kong Jianping’s industry influence and compliance experience in Hong Kong to contribute to the development of Hong Kong’s virtual asset ecosystem.

Personal Vision: Build a two-way bridge between the cryptocurrency world and Wall Street

At the end of the interview, Dr. Cai mentioned his personal vision. When he joined Huobi in 2017, he introduced talents from Wall Street into the cryptocurrency circle, helping the industry to move from grassroots to professional. Now, he hopes to go the other way and bring talents from the cryptocurrency circle to Wall Street, in line with the trend of cryptocurrency companies pursuing compliance and listing. He pointed out that many cryptocurrency companies currently choose to develop or list in the United States, reflecting the industry's strong pursuit of compliance. Dr. Cai hopes to continue to play the role of a bridge between the cryptocurrency circle and Wall Street through the Nano bit HK platform, promote the deep integration of the two, bring talents from the cryptocurrency circle to the compliant financial circle represented by Wall Street, and inject momentum into the long-term development of the cryptocurrency industry.