Coinbase's negotiations with traditional financial institutions are gradually intensifying.

According to Decrypt, Shan Aggarwal, Vice President of Corporate and Business Development at Coinbase, stated that negotiations between Coinbase and large financial firms have "shifted" over the past six to nine months, especially as the issue of cryptocurrency in the United States increasingly becomes a bipartisan consensus. He mentioned that these conversations could ultimately lead to more traditional financial participants joining Web3 and driving the mass adoption of digital assets. However, the "troublesome" entry point remains a significant pain point in attracting the next wave of Web3 users to engage with blockchain.