The crypto exchanges are starting to look more and more like brokerage firms.

Back in the day, we were all about:
listing speed, contract depth, and trading fees.
Now it's all about:
tokenization of US stocks, SpaceX, 24/7 trading, dividends hitting accounts, and broker transfers.
This is pretty interesting.
The crypto world always claimed it would disrupt traditional finance.
But here we are, going in circles, and now they're selling US stocks.
Are we seeing the evolution of crypto finance, or did the exchanges realize that retail traders still love to swing trade US stocks?