Previously chatted with executives from Coinbase, he said the boss is an extreme idealist in the cryptocurrency space, always wanting to issue a token instead of going public, but under pressure, he chose to go public, and of course, now very successful, even surpassing MicroStrategy to become the number one stock in the cryptocurrency space.

HashKey chose another path, Xiao is an idealist, but historically, issuing tokens has never been successful. Does issuing a token make it difficult to go public? But it has indeed chosen a more difficult path.