OKX Star: Crypto Industry Will Not Simply Replicate Traditional Financial Trading Structures, Believes Self-Custody is the Future

Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
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On September 18th, Star, CEO of OKX, participated in the “The Next 3 Years in Crypto” roundtable discussion during the first day of the TOKEN2049 main conference. He stated: “I don’t think the crypto industry will simply copy the traditional trading structure. Because the crypto industry is inherently still a technology-driven industry. Many new technologies will make those typical market structures unnecessary and will lead to many better market structures.

Self-custody is a great technology. In human history for thousands of years, after we created wealth, like gold or silver, people would keep it at home, under their beds. In the digital age, when we earn money, third-party agents help us manage that money. I believe self-custody technology provides a choice for human society, allowing people to control their own funds instead of relying on others. I believe this will be a bright future.”

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