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UPDATE: Midnight Foundation President Fahmi Syed says "Web2.5 will be the convergence of blockchain data supporting existing institutions that are bridging legacy or new private blockchain databases to each other—it's taking advantage of 24/7 trading, tokenization, stablecoins."
Midnight Foundation President Fahmi Syed described Web2.5 as blockchain data supporting existing institutions that connect older or new private blockchain databases, using round-the-clock trading, tokenization, and stablecoins.
Published:
Updated:
What happened
Midnight Foundation President Fahmi Syed described Web2.5 as blockchain data supporting existing institutions that connect older or new private blockchain databases, using round-the-clock trading, tokenization, and stablecoins.
Confirmed
Global impact / market context
If institutions connect private blockchain databases using round-the-clock trading, tokenization and stablecoins, companies could cut settlement delays and costs, opening new revenue from tokenized assets while raising regulatory and technology spending needs.
Analyst inference
This statement arrives as banks and asset managers experiment with private ledgers and digital dollars. It signals a bridge between traditional finance and public blockchains, which could shift where investors place money and how they judge blockchain projects.
Analyst inference
What to watch
- Watch whether the Midnight Foundation or Syed share further public details, since the supplied update only contains his quoted description of Web2.5 and names no companies, assets, or timelines. Confirmed
- Syed proposes that institutions bridge legacy or new private blockchain databases to each other, so track any announced partnerships or pilot programs that test this connection between separate private systems. Proposed
- Track rule updates for stablecoins and tokenization, plus bank technology budgets, because clearer rules and higher spending would likely speed adoption of connected blockchain databases and shift investor positioning. Analyst inference