Phyrex
Phyrex|Jul 28, 2025 13:55
We have talked about this topic before. Currently, most cryptocurrency stocks have tokens with a "stock" shell. If they cannot be delivered, it means that there is no way to achieve arbitrage or anchor the price of the token to the stock price. Although some tokens support "dividends", these dividends are almost all manually processed. If you are willing to share, you will share. If you don't want to share that day, you won't have any temper. Of course, these are not the most important. The most important thing is that there is no SEC compliance or mainstream stock brokerage to connect with their own liquidity pool. Therefore, the liquidity and depth of so-called "cryptocurrency stocks" are completely unrelated to "stocks". In other words, "cryptocurrency stocks" can fluctuate by 50% in a day, even if the main stock only fluctuates by 1%. The greater risk is that if contracts are used for cryptocurrency stocks, it is a targeted harvest, and there is no place to cry. CFD and CFD contracts are not mentioned anymore. For cryptocurrency stocks, they are already considered serious things, and there are more non serious things. Essentially, when judging a cryptocurrency stock, if it cannot be delivered, caution should be exercised. The biggest advantage of on chain securities firms and RWA is compliance. Without compliance, RWA and RWA exchanges are essentially issuing coins and buying and selling them. And it's just a token with the same name as the stock. This article is sponsored by Bitget | @ Bitgetzh
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