Mm-hm.

Yeah, and just to supplement on that, blockchain does bring, particularly with share ownership, a degree of transparency for the issuers that the traditional infrastructure doesn't bring.

So as a public company, and most public companies would know that when you're golden when you're listed all you see as the shareholder on your share register is the name of a nominee company um so todd would have said something who knows what see them call is in fact you know probably like majority of the world you know like Capital is held by Seed&Co, which is the nominee company of the DTCC, which is a clearing agency.

So as issuers, you often don't know who your shareholders are.

But through tokenization, you're able to assign a distinct address for each of your shareholders.

And as an issuer, you're able to know exactly who your shareholders are on your register.

And that unlocks a world of opportunities.

So Bullish is working with the Gibraltar government on a framework for this, but why Gibraltar? What attracted Bullish to Gibraltar?