This year's BGB rally is almost considered as a platform Pi Xiu coin. Many people have overlooked another undervalued HSK, which has risen from 0.8 to 2.3 in just one month since its launch. @HashKeyExchange @HashKeyHSK
This year, we can see a lot of attempts in 'compliance' in web3, whether it's using U for payments to attend conferences or more explorations of compliant card issuance to bring U into web2. It can be seen that this direction of 'compliance' or 'Payfi' has become increasingly mature. As the only compliant public chain @HashKeyHSK, its current 200 million MC and 2 billion FDV are undervalued. Traditional finance can bring assets they want to issue onto the chain in forms like RWA, including stablecoins and cross-border payment settlements. Many traditional investors, looking for compliance, will definitely choose the HSK chain first (not to mention that its parent company already has compliant deposit and withdrawal services). HSK is an important medium for rewards and payments.
With the expansion of demand for more payments and RWA in the future, I believe HSK has the opportunity to generate a massive compliant protocol application, possibly a BTCfi, like the recently established partnership with solv, or traditional LP's on-chain wealth management, etc.
There have been discussions about internal holdings of departing personnel being too large, but as a compliant institution, this should be negotiable in OTC and unlock periods, so there's no need to worry too much.
I don't know how many have seen this, but I'm looking forward to the moment of true mass adoption of payment/wealth management that integrates web2 and web3.