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Where is the true competitiveness of on-chain finance? To put it simply, it's access and efficiency.
Traditional finance is limited by geography and time — crypto enthusiasts have long been accustomed to a 24/7 trading rhythm, while on-chain settlement speeds are at the second level. Anyone around the world can participate, and compliance logic can even be written into code for automatic execution. These things are impossible to achieve on a large scale in traditional finance.
Imagine, even if only a small portion of stock assets are moved on-chain, how much liquidity would be unleashed? Trillions in trading volume are waiting. Tokenized stocks are not a sci-fi concept; they are right in front of us — the efficiency advantage is clear, and the market is just a matter of time.