
Phyrex|Mar 08, 2025 20:45
I almost thought it was a compliant product, but in reality, the approach is still similar to that of SNX before. It has not yet obtained permission from the SEC, and there is no solution to "de anchoring". Users cannot exchange tokens and stocks anymore, and there is even no contingency plan for the deviation of the so-called oracle price before the US stock market opens.
However, it can be seen that there is still a strong demand for tokenization of high-quality US stocks in the market, and compliance remains an important prerequisite for attracting large funds. Although it is not yet possible, it is believed that there will not be real RWA assets based on US stocks, US bonds, or high-quality bonds issued on the chain in the near future.
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