I think the target chosen by Wall Street needs to meet at least the following three conditions:

1. Compliant, at least not defined as securities. In previous SEC prosecution documents against Binance and Coinbase, DeFi was not characterized as securities;

2. The model has been verified and has a mature and reliable profit model. Is it possible that Wall Street will not speculate on MEME and GameFi? Obviously impossible!

3. The token has a large market value and can carry some of the old Wall Street money.

Within this logical framework, RWA is a part that we must pay attention to.​