The tokenization of US stocks is completely unappealing; crypto players are chasing the wild ups and downs of memecoins and individual stock tokens.
Take the $SPYx and $NVDAx launched by GMGN as examples; the daily K-line fluctuation is less than 5%, and the daily trading volume is only a few hundred thousand. Why would risk-seeking crypto players be interested?
The crypto circle is keen on high-risk, high-reward opportunities, and even the meme coin market finds the fluctuations too small; the tokenization of US stocks is even more boring. Altcoins are almost no longer played, and if a small-cap coin doesn’t have several times the increase, it shrinks. The level of fluctuation in US stocks is completely unappealing.
The so-called "integrating market liquidity" is just empty talk. No contracts, and gamblers won’t play; with contracts, it’s no different from traditional stock index futures. Tokenization of US stocks is purely unnecessary!
