I just tried the stocks on Binance Chain, which is a practical supplement for someone like me who has been eyeing COIN/MSTR for a long time. The concept of on chain stocks has been widely discussed in the past, but in the end, it was the exchange that truly emerged. Moving HOOD/COIN/MSTR onto the chain is not for the sake of "facilitating transactions", but to directly put these types of companies into the asset pool of encrypted users. For ordinary people, it may not be a shock, but for the market structure, it is quietly changing the definition of 'what is a tradable asset'. What I am more concerned about is: Will the future be listed on the blockchain first and then on the exchange? If this direction comes true, many things will have to be rewritten.