Friends may be unfamiliar with these three projects, but in fact, they are all big players. Elixir is a modular decentralized staking network that allows users to directly provide liquidity to trading pairs in the order book DEX and receive market maker rewards. DeUSD is a decentralized synthetic dollar launched by Elixir, similar to Ethena's USDe. Elixir received $17.6 million in financing from institutions such as Hack VC, Maelstrom Capital, and Sui. Securitize is an RWA invested by BlackRock, issuing over $1 billion in assets on the chain and collaborating with top issuers such as BlackRock, KKR, Hamilton Lane, and many others. Apollo is the second largest financial asset management institution in the world, with an asset management scale of $733 billion.