Mind The Gap: Web3’s Infrastructure Problem Is Blocking Wall Street, Axelar Co-Founder Says
As Web3 interoperability becomes foundational for blockchain-based finance, critical gaps in infrastructure are slowing institutional adoption, according to Axelar CEO Georgios Vlachos.
“We’re likely just at the beginning of an explosion of blockchain-based solutions for tokenized finance,” Vlachos told Benzinga. “It’s important we now consider how to make interoperability networks secure, open, and accessible to all, just like TCP/IP is for networks on the internet itself.”
He says that without decentralized, open-source, and permissionless protocols, blockchain’s benefits, such as transparency and efficiency, could be undermined. This limits institutional use cases like tokenized funds and stablecoins.
Vlachos highlighted the need for standardized tooling …
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