Express
Star: The Next Era of Finance is Everything Onchain, Onchain Infrastructure Ready
Summary: OKX founder and CEO Star Xu was invited to attend the Token 2049 summit in Singapore, where he delivered a keynote speech on the main stage titled 'Everything Onchain, Self-Custody Is the Future.' He stated that the next era of finance is not institutions holding funds for users, but users truly controlling their own future ...
OKX founder and CEO Star Xu was invited to attend the Token 2049 summit in Singapore, where he delivered a keynote speech on the main stage titled 'Everything Onchain, Self-Custody Is the Future.' He stated that the next era of finance is not institutions holding funds for users, but users truly controlling their own future on the chain. Star emphasized that just as the internet evolved from closed systems to open protocols, finance is moving towards onchain systems with core features of transparency, programmability, composability, and global reach. The infrastructure for onchain finance is fully prepared with technology, funding, and regulatory rules in place, moving beyond the theoretical stage to a production-ready phase. For example, scalable L2 network X Layer and L1 networks are supporting true onchain finance; Bitcoin has become a reserve currency, while stablecoins play a role in settlement layers.
Tags:
Link: Star: The Next Era of Finance is Everything Onchain, Onchain Infrastructure Ready [Copy]
