#OKX's strategic investment by ICE, the parent company of the NYSE, paves the way for its eventual US listing. This follows #Binance's strategic investment by the UAE National Fund last year, marking another top-tier offshore exchange embarking on its "onshore" journey. Just as the heroes of Liangshan eventually accepted amnesty after their time as bandits, onshore exchanges like Coinbase and HashKey, which prioritize compliance, have long since entered the capital markets. Regarding the much-discussed $OKB, for IPO compliance, including shareholder rights, some platform token-enabled attributes must be stripped away, similar to BNB and HSK. I actually mentioned this when HashKey went public recently. x.com/i/status/200088616656504...… The remaining tokens will primarily be used as X The Layer governance token essentially lacks a significant value support. Therefore, even with the surge due to positive news, its actual FDV of only around $2 billion, compared to the over $20 billion valuation of OKX Group in this funding round, is indeed insufficient. Also, due to compliance requirements for listing, X Layer has not participated in the heated meme wars among various public chains, which has drawn considerable criticism and negatively impacted on-chain activity. Even @star_okx has repeatedly warned of risks during periods of high market volatility, drawing criticism from p小将 (a user/organization), which is why I've maintained my restraint. Let's see if X Layer can capitalize on the momentum of its compliant listing and achieve success in DeFi and RWA businesses. Hopefully, it won't disappoint @wanghebbf and its community supporters.