MEXC and Payward emphasize cooperation in TOKEN2049, stating that crypto and traditional finance are accelerating their integration
PR Newswire
48m ago
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MEXC and Payward stated on the TOKEN2049 Singapore forum that crypto and traditional finance are gradually merging, and a more unified platform may emerge in the next five years. Both parties emphasized the importance of 24/7 trading, market access, liquidity, trust, and transparency, and noted that cooperation between platforms will help serve a wider range of global users.
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[PR Newswire] MEXC – a platform featuring zero-commission digital asset trading – as well as Payward (the parent company of Kraken), shared their views on the integration of cryptocurrencies and traditional finance during a roundtable discussion in TOKEN2049 Singapore. MEXC's Chief Executive Officer Vugar Usi Zade and Payward's Co-CEO Arjun Sethi discussed how broader market access, retail investor needs, and cooperation between platforms can shape the future of global trading.

Cryptography is getting closer to traditional finance.

An important topic of discussion is that the market is shifting towards a more interconnected and 24/7 operating model. Vugar indicates that blockchain infrastructure is challenging the traditional market structures based on fixed trading hours, while users are increasingly hoping to access different asset classes with a smoother experience.

"In the next five years, we will see a trend towards convergence towards a single platform, where asset classes and investments can flow quickly and smoothly," said Vugar. "Retail investors will be the main driving force."

Arjun emphasizes the infrastructure challenges behind this change and points out that 24/7 trading is ultimately about how to integrate assets and collateral into a more interconnected financial environment.

"24/7 trading really means: how do you put all the collateral in one place?" said Arjun.

Cooperation rather than competition

The two speakers also emphasized that cooperation is an important part of expanding the scale of the next generation of global trading platforms.

Arjun pointed out that in order to serve a larger global user base, the platform needs to collaborate with partners that have different advantages in their respective markets, and specifically mentioned that MEXC is one such example.

“The only way to achieve this is by collaborating with partners, including MEXC, to help them succeed in key markets,” said Arjun.

Vugar also emphasizes that exchanges are increasingly able to build on each other's strengths, rather than always viewing every opportunity as pure competition. MEXC has a retail-oriented strategy, deep liquidity, and extensive experience in the crypto and TradFi asset sustainability markets; while Payward possesses global financial infrastructure, professional trading capabilities, and strong experience in the US market.

This discussion is built on the foundation that both companies have previously indicated they are exploring broader cooperation. Both executives mentioned that infrastructure, market access, and distribution channels are areas where a stronger connection between platforms could create value.

Trust and access are also emphasized as key foundations for this evolution. Vugar describes trust and access as two of the most important elements in building future financial platforms, while Arjun highlights that as the industry becomes more interconnected, the importance of transparency is on the rise.

The forum depicts a future where encryption and TradFi will become increasingly closely linked. Cooperation between platforms will help to integrate market access, infrastructure, and user coverage, in order to serve a broader global audience.

About MEXC

MEXC was established in 2018 and is a leading global multi-asset trading platform, positioned as a zero-commission gateway to endless opportunities. MEXC serves over 170 markets, providing users with a convenient and efficient way to access cryptocurrencies, stocks, tokenized assets, derivatives, and an increasingly wide range of opportunities related to TradFi through a single account and one entry point.

With zero transaction fees, deep liquidity, a wide range of asset coverage, and a high-performance trading experience, MEXC is designed to serve retail users who wish to identify opportunities earlier, take action more quickly, and trade with fewer obstacles. As crypto and traditional finance continue to merge, MEXC is committed to making global opportunities more accessible, helping users trade freely, and fully capitalize on every opportunity.

MEXC Official Website | X | Telegram | How to Register on MEXC

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