Why every new blockchain now launches with interoperability built in, according to Philipp Zentner: "Being multichain is the default now. Relationships to messaging bridges, liquidity networks, these are established very early, far before launch. That's just the default" Zentner explains the fragmentation thesis: 1. Blockchains aren't scalable enough, like databases optimized for specific use cases (he gives the example of real-time ad bidding programmed directly into databases). 2. Economic incentives - institutions want full stack ownership. 3. Compliance and control - ability to determine who deploys and transacts. Why this creates opportunity for LiFi: "Stripe and Tempo, Circle and Arc, Robinhood Chain, maximum fragmentation is being welcomed by the glue in between. LayerZero, Axelar, Wormhole, Chainlink. We're doubling down on aggregation with over 800 B2B partners and extending with an open solver network"