Opinion
Corporate giants are building their own L1s, shifting blockchain from neutral infrastructure to strategic moats with regulatory advantages.
Ray Song is a founder at aPriori. Ray led special projects at Jump Crypto and was previously a high-frequency trader at Flow Traders. He played a key role in scaling the Pyth Network as a contributor, leading partnerships that expanded Pyth from a Solana-native oracle to supporting over 30 chains and powering 150+ DApps. Post-FTX collapse, he was instrumental in driving the adoption of Pyth, underpinning nearly 50% of all DEX trading volume.
Corporate giants are building their own L1s, shifting blockchain from neutral infrastructure to strategic moats with regulatory advantages.