According to CoinMeta, Binance founder CZ stated at a sharing session in Hong Kong that the cross-border investment barriers in traditional securities markets are high, and the stocks of most companies are only available to investors within their own countries, making it difficult for investors to open accounts internationally. He pointed out that except for the United States and China, most countries lack strong stock exchanges; for example, the daily trading volume of the Philippine Stock Exchange is only 50 million US dollars, which is equivalent to the daily trading volume of one trader in New York. Companies need to seek listings in places like Hong Kong, and blockchain technology can enable global transactions.