According to Shan Aggarwal, vice president of corporate and business development at
Coinbase, with the growing interest and support of Republicans and Democrats in digital assets in the United States, the dialogue between
Coinbase and the traditional Financial Institution Group has gradually heated up. Negotiations between Coinbase and large financial companies have "shifted" in the past six to nine months. The dialogue may eventually bring more traditional financial players to join Web3 and drive the large-scale adoption of digital assets. However, as of now, Shan Aggarwal does not seem to have disclosed the specific information of large financial companies.