Illia Polosukhin: Improved on chain tools reduce users' dependence on centralized exchanges

Illia Polosukhin, co-founder of NEAR Protocol, stated that the improvement of on chain trading and financial instruments is reducing users' dependence on centralized exchanges. NEAR has integrated cross chain spot trading, perpetual contracts, tokenized stocks, and revenue products through near.com, and plans to add selective disclosure functions for bank withdrawals, tax records, and privacy transactions. Illia Polosukhin believes that AI agents may become an important entry point for on chain markets in the future, where users can express their needs through natural language and tasks can be executed by AI agents. NEAR has partnered with Monerium to expand the Euro fiat currency channel and access tokenized stocks through Ondo Finance. (Source: The Block)