Waiting for the optimal moment to explore the topic of tokenized equity. As the Web3 ecosystem matures and mechanism innovation deepens, tokenized equity is gradually moving from concept to practical application. How to achieve on-chain circulation and value realization of traditional financial assets within a compliant framework has become a focus of increasing attention from industry practitioners and investors. This is not only related to the expansion of the exchange ecosystem but also a crucial step for the entire industry to move toward mainstream finance.