After the implementation of the Genius stablecoin bill and Hong Kong's stablecoin regulations, the RWA track has received unprecedented attention, and related projects have sprung up like mushrooms after rain. Although most projects currently focus on tokenizing liquid assets such as US bonds and stocks, we should see that the scale of illiquid assets is even larger, containing a huge market worth $16 trillion (data sourced from Boston Consulting Group). Today, we will introduce @ JarsyInc, a leading project focused on Pre IPO equity tokenization, which will bring RWA a highly innovative and practical new direction.