Some national digital certification companies may accelerate the pace of listing. Funds are accelerating the influx of digital generalization into the general securities market. According to data released by CoinShares, a digital securities asset management company this month, the inflow of funds to digital securities funds and products reached a record $45 billion in the first quarter, reflecting that more and more institutional investors are participating. Coinbase listing is a recognition from the mainstream world for the industry, providing an experience for companies in the digital certification industry or blockchain industry, and proving that exchanges can also be listed. The acceptance of digital certificates in the market will increase, and companies in the digital general certificate industry in other countries may also accelerate the pace of listing. It is reported that Kraken, a virtual asset trading giant in the United States, is considering a public listing in 2022, and the company's management expects to go public in a similar way to Coinbase. Kraken is now negotiating with investors to seek a new round of financing, which may be worth as much as $200 billion. In the future, more crypto industry companies in the United States, South Korea, and Japan may choose to go public. 2. More traditional investors and institutions will enter the market Industry experts analyzed that Coinbase's listing will mark the first formal link between traditional financial channels and digital generalization channels. Successful landing on the Nasdaq can be used as further recognition of digital general certificates as a traditional asset, which is a big step in the digital generalization industry. The listing of Coinbase will attract more attention to digital certificates in the traditional financial field, and also help to improve users' trust in the exchange, provide endorsements for the encryption industry, and play a good role in the overall market. Its listing will greatly promote the acceptance of digital certificates in the mainstream market, and will attract more traditional investors to pay attention to the field of digital certificates. More people and institutions outside the market will enter the field of digital certificates. The number of users in the entire encryption industry will grow rapidly, and digital certificates will be more easily and more widely accepted by the public. 3. The digital general certification industry has entered a new stage of 'compliance development' "Coinbase listing will help digital general licenses out of the loop, facilitate the entry of ordinary investors and institutions outside the market, and promote the digital general license industry to enter the next stage of 'compliance development'." Yu Jianing, the rotating chairman of the Blockchain Special Committee of the China Communications Industry Association, said so. The listing of Coinbase will promote the compliance process of the industry and is of great significance to the whole industry. Compliance is a key factor in determining the development of the digital encryption industry. Coinbase's efforts in risk control and compliance provide an important reference value for the entire encryption industry. It will lead the entire digital encryption industry forward to the next compliance development process. Industry experts analyze that in the next decade, more unicorns from the field of digital certificates are bound to appear in mainstream financial markets. The wave of wealth digitization has begun, and human society is facing the transformation of wealth from traditional form to digital form. The listing of Coinbase is an important milestone in the tide of this era.