Four marketers still need more practice. Big bold letters right at the start: 'On-chain native pricing for RWA'—way more useful than posting a bunch of fluff. To put it bluntly, I don’t think all this talk about Nasdaq turning coins into equity or equalizing rights for RWA is worth anything. After all, ADRs (American Depositary Receipts) have been around for decades. Hong Kong stocks, U.S. stocks, Australian stocks—pricing power is in the hands of MMs/institutions. Each market’s fiat currency is naturally segmented, and liquidity is localized and fragmented. Why would these institutions have any incentive to replicate liquidity that’s already priced in local fiat onto the chain? Only RWAs priced on-chain using stablecoins or native on-chain assets will have liquidity. Solana’s Pokémon has already proven this point. I’ve said it before: only Solana and BNB aren’t just subsidiaries of USD stablecoins. So why doesn’t Four dare to shout the slogan 'Seize the on-chain RWA pricing power'? This is absolutely a milestone-level good thing, but the story hasn’t hit the G-spot yet.