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$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?
The SpaceX IPO is short-term "capital competition" for the cryptocurrency market, while in the medium to long term, it leans towards "narrative endorsement" for Bitcoin.
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The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.
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The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
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