Guy Wuollet, a partner at a16z Crypto, the cryptocurrency investment arm of Andreessen Horowitz (a16z), a leading Silicon Valley venture capital firm, analyzed that the financial industry is entering a digital transformation phase similar to the cloud computing era, and blockchain will play a key infrastructure role. He explained that Wall Street is adopting blockchain not because of 'decentralization ideology,' but for practical reasons such as reducing counterparty risk, improving settlement efficiency, and ensuring fair transaction order. He also assessed that digital assets are not merely tokens, but rather a process of the financial system itself moving to on-chain infrastructure. In particular, he predicted that blockchain-based finance can accelerate the pace of financial innovation through 'Composability,' which allows for free combination and expansion between assets, and that the existing closed financial system will transition to an on-chain collaborative network.
