down that line like how is he are you guys thinking about it what does that mean for oil in terms of getting reward asset adoption on on oil's platform

yeah i'm super excited i mean the partnership with centrifuge has been a month of work um and it's it's a very popular product right s&p 500 and a lot of people outside of the u.s are very excited about the launch of tokenized u.s stock indices and using them as collaterals right to borrow against it so In TradFi or Fintech right now, having US stock exposure is already a huge unlock, but on top of using lending infrastructure on top is something that crypto and our dual is really unlocking for people who traditionally don't have these toolkits readily accessible to them.

So we're already seeing huge innovations, but I think there's more to come, right? So I think what's exciting is to see these high quality collaterals coming on chain because historically, we've been accepting mostly crypto native assets like Bitcoin, Ethereum, Solana as collateral.

And these assets can be highly correlated at the times.

So when macroeconomic environments start to shift, you can see the value of these collaterals can move in the same direction.

I think RWA really provides a critical layer of diversification.

in the lending and borrowing space so that not all the collateral values move in the same direction.

Are you seeing a lot of demand in that looping space? Do you think some of these institutions are looking at that? Is that what they're wanting?