This is why we built Google Cloud Universal Ledger - because large, regulated financial services companies want the benefits of blockchain networks without giving up the benefits of centralized services.
Jake Chervinsky
Jake Chervinsky28.5.2025
It's not clear to me that TradFi will prefer "the most decentralized L1" as they move their business onchain. These institutions aren't in it for decentralization. Their products will likely be centralized in some way anyway. High speed and low cost seem to be their priorities.
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