Changpeng Zhao Shares Bold Vision for the Future of Decentralized Exchanges

Changpeng Zhao, the founder and former CEO of Binance, delivered an engaging speech at the BNBDay event held in Tokyo, where he shared insightful perspectives on the future of decentralized exchanges (DEX). Emphasizing the rise of Hyperliquid, Zhao noted that AI-supported trading agents could accelerate the development of long-term decentralized exchanges (DEX) with a focus on privacy. According to Zhao, DEXs could surpass centralized exchanges (CEX) over time. Emphasize the Role of Artificial Intelligence In his speech, Zhao emphasized that a new era is beginning in cryptocurrency trading. He suggested that simple trading agents supported by AI could execute user orders safely and quickly. Additionally, fixed DEX models that prioritize privacy could challenge the advantages offered by centralized exchanges. Expressing his vision, Zhao stated that if he were 20 years younger, he would establish a DEX in this field. Zhao also noted the recent success of the Hyperliquid platform. This protocol has surpassed major centralized exchanges like Coinbase and Bybit in terms of daily trading volume. Analysts suggest that due to the increasing demand for security and the trend of users self-managing their assets, decentralized (DEX) exchanges may see higher demand in the future, paving the way for DeFi to become a long-term alternative. Mr. Zhao acknowledged that CEX still has advantages in accessing fiat currency and regulatory compliance. However, the reliability, transparency, and user control that DEX provides could shift the balance of market share. Discussion About RWA And Electronic Money Vault Companies In the second part of the speech, Zhao shared his views on real-world assets (RWA) and cryptocurrency fund management companies. He argued that RWA has significant potential in areas such as securities, fund management instruments, and commodities. However, Zhao emphasized the necessity of overcoming challenges such as regulations, KYC requirements, and liquidity shortages. He also mentioned that BNB Chain is investing in this field and collaborating with developers. Zhao stated that cryptocurrency treasury companies provide investors access through the public market. He suggested that models built around individual assets, such as Strategy's Bitcoin or CEA's accumulating BNB, reflect simpler and more sustainable structures, making cryptocurrency investment more accessible. In addition, Zhao's remarks about his role in the BNB Chain attracted attention at the event. He described himself as a "passionate supporter," emphasizing a community-centric development model. He also affirmed his commitment to the ecosystem by revealing that a large portion of his assets is invested in BNB.