When Fintech integrates the underlying crypto, the next decade of digital finance

Benji Siem @IOSG 1. Introduction Financial technology giants are accelerating the deployment of blockchain technology. Three recent major acquisitions have attracted attention: Stripe acquired Bridge for US$1.1 billion, Mastercard acquired Zerohash for approximately US$2 billion, and Robinhood launched its own L2 solution. These measures are not isolated incidents, but indicate that the financial technology sector is undergoing a structural transformation-with leading companies deeply integrating blockchain infrastructure, stablecoins and decentralized financial tracks into their core product systems. Over the past decade, financial technology companies have reshaped their payment, banking and investment systems by building software-native platforms and achieving large-scale digital distribution. The next phase has begun, and encryption technology is gradually penetrating into the back-end architecture of the financial system. This report focuses on ten leading financial technology companies and analyzes their strategic deployments in the digital finance field, focusing on their business models, revenue sources and paths for the integration of encrypted payments and DeFi infrastructure.