At the end of July, we talked about tokenization, RWA, and asset integration developing faster than we imagined. Over the past few days, it seems like everyone is starting to feel the acceleration in this area. Of course, in the end, only certain assets in this direction will benefit. Back then, I mentioned the assets I see benefiting from the tokenization and RWA trend: coin hood crcl eth bnb sol okb hype aave sky, and then at the end of August, during the Futu event, I added uni to the list. A big factor here is also the regulatory push after clear legislation faced obstacles. On the afternoon of the 17th, we discussed what the SEC and CFTC might do in terms of regulatory actions. Then, that evening, the SEC rolled out a 5-year "innovation exemption" for tokenized U.S. stocks, officially opening the floodgates for on-chain stock trading. https://((x.com))/qinbafrank/status/2100441345152491572?s=46&t=k6rimWsEbo2D2tXolYcM-A Here’s the tweet from the end of July: https://((x.com))/qinbafrank/status/2080596296017322482?s=46&t=k6rimWsEbo2D2tXolYcM-A