Genius is also launching a platform. Finally, whether it’s flap, four, or genius, without exception, they are all fulfilling the mission assigned to them by CZ—turning BNC into the first U.S. stock tokenization model that links the stock market and blockchain (of course, to pump the price). Everyone is pushing this process forward: 1. flap: Promoting the pairing of U.S. stock tokens with memes, successfully launching classics like marscoin and $牛来. The issue: The market cap of the paired stocks is too high, making it hard to create a linkage. 2. http://four.meme: Pioneered the 4stock concept, launching the prestock version of bStocks, which covers some low-market-cap sectors that bStocks couldn’t, thereby creating a linkage. Successfully launched the phenomenon-level meme $4STOCK. The issue: 4stock initially launched BNC4, which is a self-wrapped version of BNC. After BNCB went live on Binance, it should have smoothly transitioned to complete the prestock->bStocks->Alpha->contract->spot asset growth loop. Unfortunately, when launching 4stock, the team didn’t account for migration issues, resulting in a half-baked product. 3. Genius: Also part of the Binance ecosystem, gaining widespread attention after being retweeted by CZ. They introduced an even more advanced concept: directing transaction fees to a Cayman-based foundation, which might one day reverse-enter the board of directors. At the same time, all packaged assets on the BSC chain can be used as trading pairs, creating synergy. GSTOCK is the first target to break a $10M market cap and has paired with BNCB in a pool. Could this finally achieve the closed-loop system I’ve been talking about? Things are getting more and more interesting with stock tokenization and rWAfi. The SEC just released an innovative exemption regarding U.S. stock tokenization. Everything is starting to get exciting!