1inch co-founder predicts CEXs will disappear within 10 years

Sergej Kunz, co-founder of the decentralized exchange 1inch (1INCH), predicted that centralized exchanges (CEXs) could disappear within five to 10 years. Speaking at the TOKEN2049 conference, he forecast that exchanges will gradually transition into becoming front-ends for decentralized exchanges (DEXs). CoinNess previously reported that Coinbase would integrate the 1inch API into its app.