According to CoinMeta, OKX CEO Star indicates that tokenized stocks and stock perpetual contracts have become the second-largest liquidity market among users in OKX Europe, Asia-Pacific, and other international markets outside of the United States. As liquidity and market depth continue to grow, the on-chain stock market may become an important venue for global price discovery and provide hedging tools for financial institutions. He pointed out that traditional finance is moving onto the blockchain at a faster pace than many people expect.