a16z Crypto advises crypto developers: Overly shifting towards trading platforms may weaken long-term competitiveness

robot
Abstract generation in progress

CoinVoice has learned that a16z Crypto has officially released advice from two of its executives to cryptocurrency developers, including: 1. Arianna Simpson, general partner at a16z Crypto, stated that currently, aside from stablecoins and core infrastructure, most well-performing crypto companies are transitioning to trading platforms. This homogeneous competition may weaken the market attention of most enterprises, with only a few winners emerging. Founders who shift too quickly to trading business might miss opportunities to build more defensive and sustainable businesses. Developers focusing on the product itself rather than just trading functions may ultimately become bigger winners. 2. Miles Jennings, policy team lead and chief legal officer at a16z Crypto, said developers should pay attention to regulatory compliance. Currently, the Trump administration is closer than ever to passing legislation regulating the crypto market structure. If enacted, this legislation will promote transparency and establish clear standards, creating a clear path for fundraising, token issuance, and decentralization.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)