Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Jia Yueting: If Basecoin is launched, it may change the way cryptocurrency and traditional capital work together
2hours ago

According to Odaily Planet Daily, Faraday Future founder Jia Yueting stated in a post on the X platform that if Base launches a token, it could change the way cryptocurrencies and traditional capital work together. With token support, Base could become the first secure bridge connecting listed companies and crypto assets, a strategy that all major banks could emulate. As an asset class, cryptocurrencies could transition from being a "risk bet" to a "core business asset."

In terms of capital flows, if this model proves true, trillions of dollars will flow into cryptocurrencies, and the entire L2 and blockchain valuation script will be rewritten. Regulation may become the final hurdle, but this is not just about tech finance, but also about Wall Street.