Let's further expand on the topic of stock tokenization:
1. In fact, before the pure tokenization of US stocks, both FTX and Mirror (before the Luna crash) had done it, but the volume was not large. What could be different this time?
The biggest difference is:
Back then, it was easy to make money in the crypto market. Who the hell would be bored enough to trade US stocks? Wouldn't I prefer to buy some $FTT and watch SBF's left foot step on his right foot and soar dozens of times? Now, cryptocurrencies and stocks can both rise tenfold in a week, while the crypto space seems to lack big opportunities. If stories of getting rich from stock tokens like $Circle coincide with companies listed on platforms like xStocks, then it could truly mean the crypto space has gained a bunch of top-tier projects sucking wealth.
5. Will Binance and OKX take action?
OKX is likely to be low-key and conservative while working on its IPO to avoid mistakes, but Binance will probably follow suit. Even if it's not through the main site directly opening a section, we can't rule out the introduction on-chain. After all, who says only Solana can trade US stocks? If BNB Chain really wants to do something, it’s just a matter of finding another xStocks opportunity, and I wouldn't be surprised if one day they bring you $NVDAx on Alpha 🤣🤣🤣#Solana质押型ETF #Strategy增持比特币