Exchanges hold a role at the very top of the industry's pyramid. Many bosses choose to run exchanges because they see it as a Positive EV opportunity. Since this is a business with decent long-term prospects, and you're investing so much time and money, why ruin your future for a tiny short-term gain? Running a platform isn’t easy—risk control, branding, and team management are all crucial. As Justin Sun once said: give a startup time, as long as it’s on the right path. CZ also mentioned, to build a strong brand: it must align with ethics, stay close to users, and Do not Let Scammy be builders. The top players have always been working on compliance, let alone the new platforms. RWA is a great track, worth trillions. Looking forward to seeing quality assets launched on MyStonks! https://mystonks.org/?code=KfbQ33