According to Odaily, OKX founder and CEO Star Xu was invited to attend the Token 2049 Summit in Singapore and delivered a keynote speech titled "Everything on Chain, Self-Custody Is the Future" on the main stage. He stated that the next era of finance will not be one where institutions hold users' funds, but one where users truly control their own future on-chain. Regarding why everything will be on-chain, Star emphasized that finance, like the internet, is evolving from closed systems to open protocols. The core characteristics of on-chain systems include transparency, programmability, composability, and global reach. Furthermore, the infrastructure for on-chain finance is fully in place: technology, funding, and regulatory rules are in place. This infrastructure is no longer theoretical but has entered the production stage. For example, the scalable L2 network, X Layer, and L1 network are supporting true on-chain finance. Bitcoin has become a reserve currency, while stablecoins serve as settlement layers.