Shaurya Malwa is a digital asset markets analyst and editor who specializes in cryptocurrency markets, token economics, and blockchain infrastructure. He is a Senior Analyst for Token Ecosystems at CoinDesk, where he leads research into digital asset networks. His career has included senior editorial and analytical roles at prominent cryptocurrency media outlets, including CryptoSlate and BTCManager. ^{[1] [2]}​

Education

Malwa graduated from the University of Wolverhampton in 2017 with a Bachelor of Business Administration (BBA) in Business Administration and Management. ^[3]​

Career

Malwa began his career between 2013 and 2017 with a series of internships at various organizations, where he gained initial experience in media and research. In 2018, he joined BTCManager (now crypto.news) in the London area, taking on the role of Crypto Markets and Technology Editor. In this position, he wrote articles covering cryptocurrency, fintech, alternative investments, and data-centric topics. He later took on assistant editorial responsibilities, which included content planning, topic research, and editing.

From mid-2018 until the end of 2021, Malwa worked at CryptoSlate as a Senior Cryptocurrency Analyst. His responsibilities involved conducting market analysis and research into decentralized finance (DeFi) applications, derivatives, and digital asset activity. He also provided editorial oversight for a globally distributed team of analysts and reporters who covered regulatory developments, non-fungible tokens (NFTs), and other segments of the cryptocurrency sector.

In early 2021, while continuing his work in digital asset media, Malwa co-founded Origin Meadery, a craft mead and hospitality venture based in Hong Kong. Malwa joined CoinDesk in December 2021 as a Cryptocurrency Markets Analyst and Editor, initially focusing on market reporting and analysis. In January 2023, he was promoted to a leadership role as Senior Analyst for Token Ecosystems. In this capacity, he leads research that combines quantitative analysis and on-chain data to study crypto markets, token economics, and the structural design of digital asset networks. His research covers centralized and decentralized market structures, derivatives, Layer-1 and Layer-2 networks, stablecoins, and institutional participation in digital assets. ^{[2] [3]}

Interviews

Institutional Use Cases

In a July 2025 fireside chat at APEX, Malwa moderated a discussion with Markus Infanger of Ripple and Sam Bizri of Zeconomy focused on the launch of a fixed-income product on the XRP Ledger. The conversation examined the structure of Digital Commercial Paper issued by Guggenheim Treasury Services, highlighting its onchain issuance, transparency, and global liquidity. Infanger discussed the XRP Ledger’s native tokenization and compliance features as key enablers for regulated financial products, while Bizri emphasized the efficiency and accessibility of using a public blockchain. The panel addressed growing institutional interest in blockchain applications driven by practical utility, Ripple’s role as an infrastructure provider and investor in the product, and opportunities for developers to build financial use cases around it. The discussion concluded by emphasizing adoption, transaction volume, and real-world usage as measures of success. ^[5]

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View From the Top

In a July 2025 conversation at APEX with GM QI of Dragonfly Capital, Malwa discussed the firm’s role as a major investor across digital asset markets, including decentralized finance and layer-1 blockchains. GM reflected on his transition from software engineering, including work with Chainlink, to investing, highlighting how lessons from building technology platforms inform his long-term views on crypto infrastructure. The discussion emphasized the need for continuous technological evolution in crypto, noting how periods of stagnation can shift competitive dynamics among networks. GM outlined Dragonfly Capital’s investment focus on exchanges, base-layer blockchains, and stablecoins, and noted that funding conditions increasingly favor projects with demonstrated product-market fit and revenue generation. The conversation also addressed the growing overlap among exchanges, blockchains, and stablecoins; interest in the EVM sidechain on the XRP Ledger; and the differing requirements for institutional versus retail adoption, including regulatory, privacy, and user-experience considerations. ^[6]