The iron gate of Wall Street has finally been pried open a crack by our blockchain technology!
This morning, the U.S. SEC gave the green light to the U.S. Securities Depository and Clearing Corporation, allowing them to move traditional assets like stocks and bonds onto the blockchain, starting a three-year pilot service. What is DTCC? It is the 'central backend' of the U.S. financial market, and its approval of on-chain assets is more significant than passing 10 Bitcoin ETFs!
My personal view: The 'load-bearing wall' of the traditional financial edifice has officially accepted blockchain technology. We used to say that RWA is the next big opportunity, but it always felt like an insider's excitement. Now it's different; the officially stamped 'on-chain stocks' and 'on-chain government bonds' are on their way. This means that in the future, with an on-chain wallet, you might be able to hold tokenized certificates for stocks of Apple or Google, enjoying benefits like 24-hour trading and instant settlement. A trillion-dollar flood of assets is seeking an entry point to the crypto world.
What should players do:
First, embrace the 'formalization' track. Focus on those truly building RWA infrastructure and public chains and protocols with potential collaboration with traditional finance. Once the DTCC pilot starts, the compliance demand will surge.
Second, upgrade your knowledge structure. Don’t just understand DeFi mining anymore; learn what security tokens are and what compliant custody means. The big opportunities in the future may be hidden in the intersection of traditional financial rules and blockchain efficiency.
Third, be patient and hold core assets. Institutions entering the market are not here for short-term plays; they will bring more stable and long-term funding. Market volatility may decrease, but the fundamentals will become incredibly solid.
Follow me, as I will deeply analyze what specific tracks and opportunities retail investors can preemptively position themselves for in this unprecedented wave. Are you ready for this wealth train?
For those who want to keep up with the thinking, there's a spot in the chatroom!
