On April 20, during the first day of the 2026 Hong Kong Web3 Carnival, Binance Co-CEO He Yi participated in a fireside chat themed "Reshaping Convenience: The Next Decade of Web3, AI, and the Smart Economy." He stated, "The scale of the crypto industry is continuously expanding, with more and more institutional users and traditional finance embracing crypto. You will find that this is a process of integration. In this process, some countries and regulators are leading the way; they understand what crypto is and its significance to the entire financial system. Today, we might allow some people to try and innovate first. On this basis, we see companies like Futu and Tiger in Hong Kong already holding both stock and crypto assets. Similarly, in the U.S., Robinhood is doing the same. I believe that at Binance, we may not only want to tie ourselves to crypto or so-called stock assets; we have recently launched some commodities, including crude oil, gold, and silver. Binance's commodity trading volume has already accounted for a very high proportion within traditional scales. Traditional finance may now see us as a threat and might shout 'down with crypto,' but I believe that in the longer term, when you want to become a foundational financial infrastructure, you shouldn't care too much about whether you are crypto or TradFi. Because when we label ourselves, that label is a process of drawing boundaries. When you break through that boundary and return to the starting point, the questions to consider are: What have you contributed to financial freedom in this world, and what have you done for financial equality? Have you made ordinary people's lives better? I think this is a very fundamental starting point.
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