tradfi just picked the perp over the token

cftc cleared stock perpetual futures for us exchanges
spacex moved to block its tokenized stock on okxice
same week, opposite answers

one is a bet on a price, the other is a claim on a company
regulators will always clear the first one first

my read: the wrapper is the product and the share was never on the table
that gap is the whole tradfi meets crypto story right now

$BTC at 78,426 and nobody in this fight is talking about price