2026-01-20 04:21:29

When the New York-based exchange, a global financial hub, announced the development of a 7x24-hour trading platform built on blockchain technology, supporting tokenized stocks and real-time settlement of stablecoins, the market's reaction was complex. This is not just another crypto experiment by a financial institution, but an official statement from the core of the financial system—traditional giants are deciding to establish their own strongholds in the new generation's arena.

A pressing question stands before us: what will the entry of financial giants with top-tier assets, legitimate licenses, and global credit backing bring to the existing crypto ecosystem? Will it be a crushing blow through dimensionality reduction, or a genuine opportunity for integration?

In fact, this collision has long been written into history. Traditional finance is under increasing pressure. High intermediary fees, T+1 settlement cycles, and a trading window of six and a half hours every weekday—these systems are becoming increasingly outdated in the digital age. They need blockchain not only to cater to young investors' tastes but fundamentally to upgrade the underlying infrastructure of trading and settlement through technology, thereby reclaiming efficiency and competitiveness.

On the other side, the "legitimacy" of crypto finance is also eager. While DeFi has created many innovative applications, most are stuck in self-referential cycles and speculation, lacking support from real assets with stable cash flows and a scale reaching trillions—RWA (Real-World Assets). The ongoing tightening of global regulation also signals that for a purely decentralized ecosystem to mature, it must connect with the real world.

The demands of these two systems converge at this moment.

RWA-1,6%

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PhantomMiner

· 01-20 16:32

The NYSE's recent moves, frankly, are just traditional finance being forced to bow down. They're afraid of being replaced. --- Real integration? Wake up, it's just a disguise to scalp retail investors again. --- RWA is indeed a lifeline for the crypto ecosystem, but only if they truly decentralize power. Otherwise, it will just become another centralized system. --- The T+1 settlement cycle has long overdue. I support this. But be cautious of them using regulations to crush retail investors. --- Wait, 7x24-hour trading still supports instant settlement for stablecoins? If this really happens, many degen projects in the crypto space will be doomed. --- Traditional financial giants crossing over is never for revolution, only for monopoly. Don’t be fooled by the story of integration. --- Tightening regulations itself says everything. They are being forced into the market, not actively embracing it. --- The problem is, by the time they set up the board, will we still have a chance to play?

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TideReceder

· 01-20 04:48

Dimensionality reduction attack? Dream on. These guys on Wall Street are here to learn about crypto, not to cause trouble.

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ResearchChadButBroke

· 01-20 04:46

Wait, is Wall Street really coming to take our jobs? I'm really tempted by T+1 changing to instant settlement, but are these people coming in to save us or to kill us?

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BrokenRugs

· 01-20 04:46

Wait a minute, is this the final struggle of traditional finance... Why does it feel like they are being forced onto the back foot? --- Honestly, it's still about money. T+1 settlement really deserves to die. --- Here we go again, every time they talk about integration, but isn't it just big fish eating small fish? --- RWA is indeed a necessity, but trust me, a batch of projects will die before scaling up. --- This move in New York isn't simple; is it aiming for full takeover? --- I'm a bit worried, what if all the liquidity gets sucked out? --- Why does DeFi suddenly seem so cheap... --- But on the other hand, it's true that without real assets backing, it's not feasible. I agree with that. --- Now regulators have a reason to step in, right everyone? --- Hey... Could it be that being regulated to death will actually kill the imagination?

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WalletsWatcher

· 01-20 04:44

Dimensionality reduction? Come on, the broken system of traditional finance has long been ready to be shattered. This time, the New York Stock Exchange's move is basically a forced entry to save itself. A true integration is still far off. When big institutions come in, they just want to cut the leeks and impose their centralized logic on our innovative approaches. Wait, can RWA really support DeFi? Or is it just another wave of hype? Pure decentralization is definitely dead, but becoming just a tool for Wall Street isn't a good thing either. Both sides are compromising with each other. Who knows what it will look like in the end.

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LiquidatedDreams

· 01-20 04:36

Wait, is the New York Stock Exchange really coming? But to be honest, it's still the same old thing, just with a different shell. Traditional finance is trying to eat away at the crypto cake.

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gaslight_gasfeez

· 01-20 04:29

Wait, is the New York Stock Exchange really going to be open 24/7? Is this serious? It feels like traditional finance can no longer sit still. --- Honestly, RWA is where the real value lies. DeFi just chasing coins is pointless. --- Dimensionality reduction strike? Haha brother, you're overthinking it. In the end, it's still the same fate of being cut. --- T+1 is really outrageous. It should have been changed long ago, but don't expect these old guys to genuinely embrace decentralization. --- Integration? I think there's an 80% chance they're here to harvest our ecosystem. --- Things supported by RWA can survive longer. That's definitely correct. --- New York has moved, which means the game rules are really about to change. --- Intermediary fees are so high. How much cheaper could it be on blockchain? That's the key point. --- Tightening regulations was thought to be a bad thing, but now it seems it might actually be clearing the field and paving the way for them.

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