When the market reaches a certain stage of accumulation, the mainstream players will eventually step in. The latest move by the NYSE is a signal — launching a 7×24-hour tokenized stock trading platform with a supporting stablecoin subscription mechanism. But the real killer move is here: token holders can not only follow stock price fluctuations but also gain governance rights and dividend rights, which is almost indistinguishable from holding real equity.

How powerful is this move? All projects attempting to tokenize stocks instantly lose their core competitiveness — why would people choose a clone solution when the official version has already paved the way? At the same time, this "official entry" shockwave will also impact the survival space of many exchanges. Traditional finance is redefining the game rules with concrete actions.