Market sentiment

And so, you know, how I do think it's gonna be big, but then if, if we were, if, if distribution is key, I'm, I'm just wondering is, is TradFi gonna come and eat the lunch of, of all of these exchanges that just set the way to, you know, in- innovate on top of all of this and, you know, using these long tail measures like bringing meme coins, using meme coins as that catalyst to bring more tokenized stocks on chain wh- whereas these institutions already have all of the, already have all of the distribution, already have all of the connections and partnerships.

And then we see some crypto native exchanges like Bullish, they made an acquisition of, of, of the, one of the largest transfer agents in the world because th- they're seeing that tokenization model as the best way.

They- they're, they're taking that, trying to build on that regulatory moat, um, in, in order to get that liquidity that already exists in the TradFi world.

So yeah, I definitely think on-chain liquidity on Robinhood especially is going to get much bigger than where it is now.