According to BlockBeats news, on February 3, Gnosis co-founder Friederike Ernst said that as Wall Street and traditional financial institutions accelerate their entry into the crypto space, the industry is facing the risk of dilution of core ideas. She pointed out that the crypto industry initially did not "do backstage upgrades" for traditional finance, but tried to reshape money, platforms and power structures, emphasizing individual sovereignty, co-ownership and individual initiative.

Ernst recalled that when Gnosis was founded in 2015, crypto was still seen as a "weird" edge technology, and it was this "weirdness" that prompted reflection on the nature of the financial system and the distribution of power. But today, with Robinhood launching blockchain stocks, major US banks hiring stablecoin engineers, and politics pushing for the integration of traditional finance and crypto, crypto is gradually becoming mainstream.

She believes that while the regulatory environment is improving and institutional funds are pouring in, entrepreneurs should be more vigilant about value shifts to avoid crypto becoming a subsidiary tool of the existing financial system and losing the autonomy and decentralization they originally pursued.