Let's take a look at the impact of today's DTCC event on Ethereum and its ecosystem. This time, Wall Street is not just talking about on chain finance, but it's really coming. The assets under DTC custody are approximately $100 trillion, with an annual transaction volume of approximately $370 trillion. The tokenized version will retain all rights, investor protection, and ownership of traditional assets, ensuring a seamless transition, while utilizing encryption technology for 24/7 trading, instant settlement, and more. So, in simple terms, why is it a major event? The 'Big Steward' of the US securities market, DTCC, manages $100 trillion worth of US stocks ETF、 Treasury bond) got the "no objection letter" from the SEC yesterday, which means that the SEC nodded: you can take Zhenmei shares ETF、 Treasury bond these real assets become tokens on the chain! Previously, these things could only be transferred slowly in traditional systems (T+1 or even T+2), but now they can be directly put on the chain, traded 24 hours a day, credited in seconds, and can be easily used to play DeFi. What does it mean for ordinary people? In the future, you may really be able to work in places like Uniswap and Aave: Directly purchase tokenized stocks of Apple and Tesla (not synthetic assets, real stocks!) Using US Treasury bonds as collateral to borrow USDC Using US stocks as liquidity mining to earn double profits One sentence: Wall Street's real gold and silver may run into the crypto world! How much benefit does it bring to the Ethereum ecosystem? 1. Real money and silver are coming in, and the scale may not be small. Even if only 5% comes in, it is still significant for the cryptocurrency field; In the past, the money in DeFi was just small circle speculation; • Now DTCC has brought up "hard currency" such as US stocks and treasury bond, which is equivalent to turning on a multi trillion tap for Ethereum DeFi. 2. Ethereum is highly likely to be one of the important beneficiaries DTCC has previously collaborated closely with Hyperledger Besu, the enterprise version of Ethereum; The most familiar and stable platform for institutions to go online now is the Ethereum ecosystem and tools. In the next 1-3 years, the following scene will no longer be a fantasy The Apple stocks you bought on Coinbase can be easily deposited into Aave to borrow money with just one click; • The US treasury bond token in your hand can be directly converted into ETH at Uniswap, and it will arrive in 5 seconds; Various funds, pension funds, and bank wealth management will come to the Ethereum ecosystem to earn profits. In summary, this no objection letter is equivalent to opening the door to Wall Street's treasury for Ethereum. Previously, when we said 'trillions of dollars on the blockchain', it was just storytelling and bragging; In the current situation, starting from 2026, it really has arrived.