[Multicoin partner Kyle: The financial market is becoming more and more democratized, and the crypto field will gradually converge with traditional finance] On September 18, Kyle Samani, managing partner of Multicoin Capital, attended the "Investors Roundtable: Navigating Crypto's Changing Landscape" roundtable discussion on the first day of the TOKEN2049 main venue and said: Finance was originally something that only the elites of the elite played, just like J.P. Morgan saved the United States. In the past 100 to 150 years, the history of finance has been a history of democratization of access to opportunities, like Robinhood, and now there are cryptocurrencies. There are about 6-7 billion people in the world, and those people are not too sensitive to price-to-earnings multiples when choosing what to buy. As the market becomes more mature, more hedge funds and traditional investors enter the field of cryptocurrency, which may lead to increasing convergence between the two worlds (traditional finance and encryption).