Y Combinator, Base and Coinbase Ventures Launch ’Fintech 3.0’ as Traditional Finance Gets Disrupted On-Chain

The old guard of finance just got served notice—Silicon Valley's elite accelerator Y Combinator is teaming up with Base and Coinbase Ventures to launch what they're calling 'Fintech 3.0,' pushing traditional banking infrastructure onto the blockchain.

Wall Street's Worst Nightmare

This isn't just another crypto partnership—it's a full-scale assault on legacy financial systems. The move signals that major players are finally recognizing that on-chain solutions aren't just faster and cheaper, they're fundamentally better at moving value than systems relying on intermediaries taking their cut.

Base's infrastructure combined with Coinbase's distribution creates a powerhouse that could actually deliver the 'unbank the banked' promise that fintech has been dangling for years. The timing couldn't be more perfect—just as traditional finance institutions are struggling with outdated technology and regulatory overhead.

Of course, the banking establishment will dismiss this as another crypto fad—right up until they notice their customers migrating to platforms that settle transactions in seconds instead of days. Because nothing says 'innovation' like still using systems designed when dial-up internet was cutting-edge.