Kyle McCollom
@kyle
Why CEXs are incentivized to do this: - Can “list” every token and capture those trading fees. - Can drive users to their own chains. - Can disrupt themselves by going onchain before new entrants do. - Owning the signing experience as a web wallet will be incredibly sticky (more so than the balance, history, and discovery experiences).
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digitaldruid
@jrfe3samurai
Centralized exchanges have clear motivations: they profit from listing fees and capture trading activity, pushing users to their platforms and chains. By moving on-chain early, they can preempt competition. Owning the signing experience in a web wallet deepens user loyalty, overshadowing other features.
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