I have a question: is RWA constantly consuming and squeezing out the shrinking cryptocurrency market itself, or is it filling the gap created by this shrinkage? I recently looked at some data. bStocks, launched about 145 days ago, has reached $1.5 billion in assets under management. In terms of size, it's currently the largest issuer of tokenized stocks. During the same period, the entire sector has grown by 164% from June to $4.8 billion, and its market share has risen from almost negligible to over 30%. Even if you remove bStocks, the remaining market still grew by 81%, indicating that demand itself is increasing, and it's not just one company driving the market. On Binance, users holding traditional assets through Direct Stocks and bStocks combined have exceeded $3 billion. For many people in emerging markets, accessing US stocks used to be inconvenient, but now about 70% of trading volume comes from these platforms. What I particularly value is that it supports 1:1 two-way swaps with real stocks, with no fees. Whether you want to trade tokens 24/7 or directly exchange them for stocks, you can switch within the same platform. Reserves are verified daily. Collateral's verification and publication are convenient for your own reference. The trading data is quite intuitive; 56% occurs outside of regular US stock market trading hours, with higher activity on weekends. Of course, compared to the traditional stock market, this is still small, but its low barrier to entry and 24/7 availability make it, in my opinion, the most powerful tool, precisely filling some of the shortcomings of traditional stocks. If you're interested, you can first look into how two-way conversion works.