About the public chain sector, here’s a terrifying statistic: According to Defillama, the number of existing L1/L2 chains has reached an astonishing 469. The intense competition within niche sectors has pushed public chain projects into a state of fierce rivalry. For many established public chains, compliance has become the 'must-win battlefield.' Take @Aptos, for example, with its congressional hearing event boldly embracing the U.S., or @sandeepnailwal returning to @0xPolygon to establish a Web2-focused transformation into a comprehensive payment infrastructure, and so on. Meanwhile, the ancient public chain @iota is also undergoing and planning changes, collaborating with government-level institutions like the UAE Trade Tech Fund, TWIN Global Trade Network, and the EU Blockchain PCP. The core positioning of the IOTA public chain is as an enterprise-grade chain focused on trade finance, distinct from most ToC public chains. Its primary audience includes enterprises, governments, traditional financial institutions, and other Web2 entities. Notably, @iota recently announced its integration with the mainstream wallet infrastructure platform @turnkeyhq, providing developers with Wallet-as-a-Service enterprise-grade wallet infrastructure services. Developers on the IOTA chain can significantly reduce wallet system development time and focus more on protocol innovation. That’s all.