Entering the second half of 2025, there has been a bit of intense industry news recently. Here is a summary: Kraken and Bybit support users to directly purchase over 50 stocks within CEX. The partner is a company called xStocks. xStocks first manages the stocks, then mints the corresponding tokens on the Solana chain at a 1:1 ratio, and then deposits the tokens on exchanges such as Kraken and Bybit. Users can directly purchase stocks with stablecoins without having to withdraw funds to exchange for fiat currency, and then deposit funds into US stock brokers. Robinhood itself, as a securities firm, has launched over 200 stocks on the Arbitrarum chain in Europe, including stocks of Pre IPO companies SpaceX and OpenAI. In the future, a new L2 public chain will be launched based on Arbitrarum's solution, which will be a dedicated chain for financial products such as stocks, ETFs, and RWAs. Stripe has successively acquired Bridge and Privy, integrating seamless conversion between stablecoins and fiat currencies, allowing individuals and merchants to have self managed wallets at low cost. https://(x.com)/Sea_Bitcoin/status/1933012272273629192 Since last year, Futu has opened up Crypto trading, including spot and ETF, to users in Hong Kong. The trend of great integration 🌊 When stocks come to the chain and compete with a bunch of altcoins for purchasing power and attention, who is more attractive for investment? In the future, companies with excellent performance will directly raise funds on Crypto (compliance with ICO), and their stocks will be traded on both the chain and NASDAQ simultaneously. RWA assets such as stocks, bonds, and insurance continue to grow rapidly, and there are more and more players on the RWA dedicated chain track where @ PlumeNetwork is located. Robinhood Chain will not be the last one.