#美SEC代币化股票交易计划 #Max

When will US stocks be tokenized: Is the "chain reform" of traditional finance really the ultimate future of crypto?

NASDAQ has submitted a proposal to the SEC to incorporate tokenized securities into its trading system; the market size for RWA (real-world assets) has approached $300 billion and is predicted to reach trillions by 2030—traditional financial assets are being "on-chain" at an unprecedented scale.

This is undoubtedly an institutional-level infrastructure upgrade: 24-hour trading, fragmented ownership, global liquidity, and the possibility of generating liquidity as collateral in DeFi. Blockchain technology here primarily plays the role of an "efficiency tool."

However, while we cheer for the traditional world finally embracing on-chain technology, we may also need to think calmly: If the ultimate form of cryptocurrency is merely a "digital twin" of traditional financial assets or a more efficient trading channel, then where will the radical vision of "reshaping the value system" that it was originally born with be placed?

It is certainly important for technology to serve the enhancement of financial efficiency, but the more essential potential of blockchain may lie in its ability for "programmable trust" and "global collaboration," which can give rise to value creation and distribution models that are difficult to achieve under traditional frameworks.

For example, to build a public welfare ecosystem that does not rely on centralized institutions, driven entirely by code rules and community consensus, where every contribution is traceable and every flow is transparent. In this dimension, communities like @Max Charity provide another perspective: it is not the tokenization of financial assets, but rather the on-chain collaboration and verification of a social action called "global educational assistance."