OKX went online for US stock trading today, using the term 'unified tokenized stock trading'. After carefully examining the details, I believe the biggest innovation of this plan is: Unified liquidity. In the past, when different platforms issued the same stock token Token, multiple versions were generated, such as aAAPL, bAAPL, cAAPL... Each platform had its own independent order book, and the most direct impact was the relatively fragmented liquidity. The model proposed by OKX is to unify the tokenization of stock standards, bringing together the liquidity of different issuers in the same trading market, rather than allowing each issuer to create an isolated stock token market. In the future, no matter which issuer provides tokenized stocks, they can access the same market, and all users trade the same asset and share the same order book. No matter where the liquidity comes from, everyone trades in the same market. OKX will continue to focus on trading infrastructure, rather than simply issuing a few more RWA assets. In fact, in the future, we may not remember who created all kinds of dazzling token assets, such as BTC perpetual contracts. Regardless of where the liquidity comes from, we only remember BTC as one market.