#数字资产市场动态 Blockchain is breaking down the barriers with traditional finance. The digital asset interoperability experiments conducted jointly by the International Settlement System and major global financial institutions mark a new phase for the tokenized asset ecosystem — this is not just hype, but a reflection of a $16 trillion market reality.

See what’s happening now: Euro stablecoins issued by Société Générale, custody solutions from Paris Bank, all achieving real-time interaction through clearing networks. Cross-border payment cycles have been compressed from 2-5 days to seconds, with transaction costs halved by 60%. What does this mean? On-chain assets are no longer experimental tools for a small circle but are becoming part of the global financial infrastructure. Once compliance channels open, institutional capital influx is only a matter of time.

The potential for asset tokenization is tearing open new doors. Real estate, private equity, government bonds — assets once locked behind high barriers can now be split and traded on-chain in the future. Bond settlement times can shift from T+2 to T+0, saving up to 30% in transaction fees. But here’s a key insight: this opportunity only belongs to projects with real use cases and compliant frameworks. Tokens without technical foundation, relying solely on hype, will only accelerate their downfall.

Three points not to ignore:
① The risks of long-tail tokens are severely underestimated. Focus should be on highly liquid assets like Bitcoin and Ethereum, as well as the RWA (Real-World Asset Tokenization) track that has genuine demand.
② The idea that "decentralization = no need for compliance" needs to change. SWIFT’s experiments have proven that compliance adaptation is the key for traditional financial institutions to get involved. When choosing projects, ask: can it integrate into the existing financial system?
③ Cross-chain interoperability technology will become the new infrastructure. Middleware solutions like Chainlink that facilitate inter-chain communication will become increasingly valuable within the ecosystem.

Some worry that "institutional entry will wipe out retail investors," but from another perspective — this is actually a turning point for retail investors. The era of making money through news and luck is fading, replaced by competition based on understanding and selecting the right tracks. Increased liquidity, reduced platform risks, and transparent cross-border transfers are actually improving retail investors’ environment. As long as you focus on projects with real applications, you can benefit from the inflow of institutional capital.

SWIFT’s experiments have already sounded the alarm; the $16 trillion market cake will only be shared with participants who understand compliance and can identify value.