Finance is entering a period of deep structural change. What appears on the surface as small, incremental upgrades—banks digitizing workflows, adding AI tools, or experimenting with blockchain, masks a more fundamental shift: the financial system is being rebuilt from the ground up.

Karl Mohan, EVP, Financial Services and GM International at Crypto.com, explains that two forces stand at the center of this transformation. The first is asset tokenization and the second is the rise of AI agents.

Some of the topics that Karl discussed in detail include:

• The global financial system will be re-architected, but it will look like “incremental evolution” while it’s happening.
• Blockchains are machine-native ledgers and the more finance becomes machine-to-machine, the more value accrues to ledgers that are natively interpretable by software.
• The cross-border experience is moving from opaque and slow to transparent and instant which leads to faster remittance, lower uncertainty, and fewer human failure modes.
• Stablecoins are becoming remittance and savings primitives for the unbanked and underbanked.
• The biggest blocker to crypto adoption is anchoring bias, not technology. Every moment spent “digitizing an old workflow” is a year competitors spend compounding their advantage on a native architecture.