Dr. Xiao Feng, Vice Chairman of Wanxiang Holdings, stated at ETHShanghai 2026 that Ethereum does not require a renaissance but should evolve into invisible infrastructure where users and developers no longer directly perceive its underlying layer. He emphasized that the Ethereum Foundation's ultimate goal should be gradual decentralization until it is no longer needed, noting the emergence of independent ecosystem organizations this year as a key sign of network maturation. Future growth opportunities for Ethereum lie in expanding into major markets including the United States and China.
On the convergence of AI and crypto, Xiao Feng described the two sectors as inseparable, predicting tokenized currencies and stablecoins will become primary payment tools for AI agents and applications. He highlighted that AI infrastructure development faces significant price risks in computing power and electricity, creating demand for financial derivatives like tokenized perpetual contracts and upcoming computing power index futures. With AI infrastructure requiring trillions in future financing, he argued that existing capital markets are insufficient and advocated for globalized, 24/7 tokenized asset trading to meet these massive capital needs.
Xiao Feng: Ethereum Infrastructure Should Fade Into Background as AI-Crypto Fusion Accelerates
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