Exchanges are turning into global financial supermarkets, and the crypto industry is about to undergo a massive reshuffle.

Now, top exchanges like Binance and Bitget are ramping up efforts in tokenized US stocks and Pre-IPO perpetual products, gearing up to use USDT and USDC as bridges to create a one-stop trading platform.

Here, users no longer need to open traditional brokerage accounts; they can trade cryptocurrencies, blue-chip US stocks, and unicorn-level market assets all at once. Crypto and traditional finance are merging.

The collective move by exchanges into this space is driven by three main reasons:

1. Taking advantage of the current regulatory easing, with increased tolerance for tokenized assets and derivatives, to expedite progress;

2. In the midst of a crypto bear market with fierce competition, it’s essential to tap into the trillion-dollar traditional finance market to boost fee income;

3. Aiming to build a comprehensive financial ecosystem for differentiated competition and solidifying their position in the industry.

For us regular investors, the current investment threshold has significantly lowered; with just one exchange account, we can break geographic and regulatory barriers and trade various assets 24/7, truly achieving a supermarket where all assets can be bought.

For exchanges, by introducing US stocks and US bonds, they can upgrade their trading categories, user base, and revenue structure, transforming from a single crypto platform into a global financial hub, enhancing both brand and compliance strength.

As for the cryptocurrencies themselves, under competitive pressure, the industry will accelerate its cleansing process. Coins without real value, relying purely on hype, will eventually be weeded out by the market, while quality tokens with technology, ecosystems, and real-world applications, like hype, will find new development opportunities, and coins like BTC and BNB will also benefit, as the massive influx of capital from traditional finance will flow into these coins.

So there’s no need to panic; the combination of traditional finance and crypto assets isn’t a zero-sum game. The end result will certainly be symbiotic, but in the future, only those valuable crypto assets will remain to arm wrestle with US stocks.

#币安