Yesterday @ thevalley101 launched a program sponsored by Binance, When 'old money' starts playing DeFi: How can BlackRock enter the 68 trillion yuan on chain new market? 》This program is aimed at a wider audience, unlike its sister brand 'Web3 101' which is more focused on niche audiences. The blog reviewed history and combined it with the present: Where is the ship of Wall Street heading? Because it is sponsored by Binance, they will inevitably promote what they are doing. Why is tokenization of the US stock market the direction. On the third day of the Lunar New Year, I went to visit my aunt's house and casually introduced Binance's US stock token trading portal to my cousin. I said that if you agree that 'technology is the primary productive force', then go buy Nasdaq; If you recognize the strength, innovation, technology, talent, system, and military of the United States, then go buy the S&P 500. Just yesterday, she asked me what the S&P 500 is. There must be more people in the corners who envy the outside and endure the surroundings. I dare not say that the Nasdaq and S&P 500 are definitely the antidote. Perhaps only Buffett or Duan Yongping would say that if their children do not have talent, buying an index is enough, with an average annual growth and dividends. Lao Qian thinks so, what about us? Maybe without Huigen, I would have followed. These days, the parent company of the New York Stock Exchange has invested in OKX; NASDAQ collaborates with Kraken to develop tokenized stocks, with the middleware being @ xStocksFi. Perhaps web3 has reached the time to choose its direction again, or the direction has already been determined and only recently emerged: embracing compliance, listing legitimate assets on the chain, and allowing more people from all corners to take over the US stock market. RWA， My cousin definitely doesn't understand; I definitely wouldn't let her touch altcoins, but she can understand the price chart of the index and keep moving forward. Binance, OKX, and Kraken have already seen it; The hairdressers also saw it and initiated a points invitation link; @Matrixport_CN supports stablecoin recharge, which can be converted into US dollars to buy and sell real US stocks. Legitimate US stock tokens are also on the horizon, and some have already been launched. The first thing the People's Liberation Army does upon entering is to suppress bandits. We have received too many counterfeit coins in the shanzhai, we really can't eat any more. Perhaps it requires some sociological imagination: to establish a coordinate system between people and history, the world, society, technology, and capital, to see clearly what is happening now, what we are encountering to cope with our own troubles, and to see clearly the potential transformation. Leave the casino and take a look at the appearance of the cathedral.