TechFlow news, June 18 — According to CoinDesk, Sam McIngvale, product lead at OP Labs, said that within the next five years, every cryptocurrency exchange and fintech company will run its own blockchain.
McIngvale pointed out that Coinbase's Layer 2 network Base has achieved significant success since its launch in 2023, validating this trend. Base has not only attracted a large number of users and developers but also enabled idle crypto assets to generate yield through lending by integrating with Coinbase's Bitcoin-backed loans. Currently, multiple exchanges have launched Layer 2 blockchains based on Optimism technology, while fintech companies like Robinhood are exploring Layer 2 solutions connected to Ethereum.
McIngvale said Optimism's modular "superchain" vision will allow users to seamlessly switch between different blockchains like browsing websites, thereby enhancing user experience.
