SEC registration of stocks on the blockchain means tokenization of traditional financial instruments, but unlike previous "synthetic assets" or STOs, it is directly anchored to equity approved by the SEC. If stock tokens are bound to CEG, the blockchain merely becomes a database, contradicting the intent of "eliminating intermediaries." Regardless of the outcome, this marks the beginning of a new era — a transitional phase where financial power shifts from "institutional monopoly" to "technical-regulatory collusion."

Hey Square fam! How many Alpha points have you racked up lately?
Did you get your airdrop? We’ve also got extra perks for you on Gate Square!
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📍【How to Join】
1️⃣ Make a post with the hashtag #ShowMyAlphaPoints#
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👉 Bonus: Share your tips for earning points, redemption experienc

🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
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Dare to trade. Dare to win.