The SEC has delayed the launch of tokenized stock trading, causing a collective pullback in the RWA sector. In my opinion, there’s no need to be overly pessimistic. At this stage, it’s more about emotional overreaction rather than the survival of the sector. Besides, the SEC is only delaying, not outright banning. Tokenized stocks are just the tip of the iceberg for the RWA sector. Asset tokenization is an irreversible trend and the breakthrough path for Crypto. If the crypto space remains a zero-sum game, things will only get worse. Disagreements create opportunities for profit. For the RWA projects I’m optimistic about, I’ll continue building positions gradually. Be a friend of time, be a friend of the trend.