Reya has launched spot trading and started a partnership with Engien, significantly improving speed while continuously working on liquidity depth.
The overall direction is towards making trading and arbitrage easier for institutions/bots; the strategy and products are sound.
The main concern is the TGE timeframe. Polymarket currently gives a roughly 40% probability of a $300 million FDV, but it's been around 25% previously. Hopefully, it can hold.
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