Coinbase CIO David Duong has emphasized the transformative role of specialized blockchain networks in advancing crypto infrastructure. Speaking to ChainCatcher, Duong noted that Layer 2 solutions, Layer 1 networks, and application-specific chains are pivotal in attracting institutional interest. Projects such as Circle's Arc and Tempo Network exemplify how these innovations are enhancing compliance, data control, and governance capabilities for firms. Duong anticipates that the trend towards specialized networks will continue to grow in the near term, eventually leading to a "network of networks" model. This model is expected to enhance interoperability and shared security across the blockchain ecosystem, marking a significant shift in how major players are reshaping the space.