The price of STRC has now returned to around $96, approaching the face value of $100 again. Previously, due to the decline in Bitcoin prices and market concerns about Strategy's future dividend paying ability, STRC fell as low as $72 at one point, and the more panicked it became, the lower it continued to decline. Saylor, who has always emphasized not selling BTC, has also started selling coins. Just a few days ago, it was announced that the US dollar reserves amounted to $4.65 billion, which can cover approximately 2.7 years of capital expenditures. With Strategy maintaining STRC through a series of operations, market confidence in this structure has gradually recovered. Having money gives you confidence. Today Saylor announced that he will continue to buy more BTC in the future. From here, it can also be seen that STRC is no longer just a simple financing tool, but a core component of this fancy system. Saturn, which focuses on STRC, has obtained Ondo's strategic investment. In addition to the financing itself, what is more noteworthy is the intention and direction behind it. What Saturn is currently doing is to move this profit opportunity that originally belonged only to traditional financial markets into DeFi, allowing more on chain users to participate. At present, the revenue of its core product sUSDat mainly comes from STRC's 12% dividend income, which is closer to the income generated by the asset itself. Based on the current Saturn TVL of approximately $175 million, with an sUSDat scale of over $80 million, there is still a lot of room for imagination compared to the overall market size of STRC. Ondo promotes the traditional asset RWA on chain, while Saturn explores how assets can enter a larger financial system after being put on chain. In the future, on the chain, not only will various tokens be traded, but also the revenue assets created by institutions can be carried, and this scale can be very, very large. From what we can see, Ondo's investment in Saturn is not simply a bet on a profit agreement, but rather laying out the next stage of RWA development. Asset on chain is just the first step, and more importantly, how these assets participate in DeFi, how to generate greater liquidity and financial application scenarios. If Saturn can become an important entry point for STRC to enter the DeFi ecosystem, then Ondo can also participate in it, further promoting RWA from asset on chain to asset being truly used by on chain users, exploring more financial gameplay and application scenarios, just like they explore the trading (ondoperp) scenario, forming a complete on chain financial ecosystem.