2026-01-20 23:22:18

The formal army of traditional financial giants has already begun to enter the market. The New York Stock Exchange plans to launch a 7×24-hour tokenized stock trading platform, supported by a stablecoin IDO mechanism. This move changes the game—token holders can not only participate in trading but also have actual governance rights and dividend rights, equivalent to directly holding company equity. This is fundamentally different from previous token projects that were only linked to stock prices.

This move can be described as a "dimensionality reduction attack." The entire business logic of stock tokenization projects has been shattered, and those startups previously focused on this track have completely lost their imagination. A chain reaction follows—trading platforms' competitive advantages are significantly compressed. When Wall Street itself builds a trading ecosystem, the survival space for crypto exchanges is squeezed from top to bottom.

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DecentralizedElder

· 3h ago

Wall Street is finally getting serious, and those projects in the crypto circle should wake up With the NYSE coming in, small exchanges are dead in the water Tokens with dividend rights? Now that's real assets, those superficial gimmicks are completely finished Dimensionality reduction attack, well said—that's the feeling Exchanges are panicking, their survival space has been completely squeezed out It's been obvious for a while that Wall Street's entry is the endgame Now you understand what "the regular army" means, everyone

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BlockchainDecoder

· 3h ago

According to research, there is an interesting paradox worth exploring—while the NYSE's entry seems like a "dimensionality reduction attack," from a technical architecture perspective, I have three key questions: 1. How to define the legal binding force of on-chain governance rights? 2. Has the regulatory compliance cost for stablecoin IDOs been truly accounted for? 3. Can the liquidity depth of 24/7 trading match that of traditional markets? Let's get back to the essence and not be misled by narratives. The core of this move is traditional finance competing for pricing power, not the crypto world being "squeezed"—the real imaginative space for crypto has never been about copying stock trading.

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ImpermanentPhobia

· 3h ago

Wall Street is really here, and this time it's not a joke How do those copycat stock tokens in the crypto circle play out? They get beaten up directly Wait, in that case, the exchanges' days will be even harder NYSE 24-hour trading... Should I sell my certain coin or buy some real equity instead? This wave is indeed a blow to the lower dimension, the imagination is directly suppressed Is the spring of retail investors coming, or is the leek field becoming even more fertile? Honestly, after real equity tokens arrive, do people still want those worthless coins?

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