I've talked about this topic a few times recently. At another dinner gathering, I asked my friends: if you had money to buy stocks, would you trust Nasdaq or XX (the name of a certain crypto-stock exchange)? In the end, without exception, everyone chose Nasdaq. Because right now, Nasdaq can provide real, deliverable stock trading, ensure fund security, and is fully regulated. In the crypto space, none of the crypto-stock exchanges catering to retail users have received SEC approval for compliance. For those interested, you can check the total trading volume of several crypto-stock exchanges compared to Nasdaq's trading volume. Let me give you an example: Nvidia's daily trading volume is roughly $30 billion, while the highest on-chain trading volume is just over $1 billion. Simply putting stocks on-chain—using stablecoins to trade U.S. stocks like Nvidia and Tesla on-chain—doesn't feel exciting to me. But if there were trading pairs like BTC vs. Nvidia or ETH vs. Microsoft, I'd be very interested. Of course, the premise is that it must be compliant and deliverable. This post is sponsored by Bitget ｜ @Bitget_zh