The tokenization of US stocks will be a very big narrative. After the term "coin stocks" exploded today, I recorded my YouTube video, mentioning the positive news for Ethereum and the reasons we insist on dollar-cost averaging!
✅ YouTube:
➤ The issues that need to be addressed in this round of US stock tokenization
❚ First is the liquidity issue. Many mainstream company tokenizations actually lack liquidity, which presents two opportunities: one is whether @cz_binance, @binancezh, and @okxchinese will join in the future?
❚ Also, will there be some smaller US stock tokens launched later, triggering a round of memecoin narratives?
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➤ How can we participate in this wave of US stock tokenization?
❚ Currently, there are two: @RobinhoodApp and @xStocksFi, and @RobinhoodApp has transformed into an on-chain brokerage, allowing it to buy stocks directly and issue and mint on @arbitrum!
❚ The main principle of @xStocksFi is still as @_FORAB said, Backed Assets buy stocks in the US market through the IBKR Prime channel, then transfer them to an isolated account under Clearstream.
❚ After the transfer, it will trigger contracts deployed on the #SOL chain. For example, for every 1000 shares of Tesla stock bought and stored, 1000 TSLAx tokens will be minted on a 1:1 basis.
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So, whether on the #Arbitrum chain or @coinbase launching on the #Base chain, everything is priced in $ETH, which is a huge positive for #Ethereum!
Even if issued on the @solana chain, #ETH will also rise in sync. For us, dollar-cost averaging Ethereum is beneficial because its price is relatively low, and there is significant room for growth!
The narrative of #RWA has also arrived. What we need to do is hold on and hold firmly!
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