[Fu Peng: Crypto investors are accelerating their embrace of traditional assets, 'The Great Fusion' is driving the reshaping of financial market boundaries] Odaily Planet Daily News - Fu Peng posted on the X platform, stating: 'Many long-term Bitcoin holders who have been confined to the digital asset ecosystem are now, for the first time, using this channel to allocate into S&P 500 ETFs and AI-related funds. This trend is shifting the market's focus from 'opposition' to 'complementarity,' signaling that the future financial architecture will be more inclusive. BlackRock defines this deep cross-asset integration as 'The Great Fusion.' Crypto investors this month have participated in SpaceX IPO-related activities through pre-IPO perpetual futures and tokenized stocks. These products allow users to speculate on the valuation of private enterprises before public offerings by listed companies, further breaking down the barriers between public and private markets. The trading volume of pre-IPO perpetual futures has surged from approximately $1 billion in early May to nearly $22 billion within weeks.'