Wall Street Goes Onchain: Who Benefits in Crypto?

Happy Thursday. So welcome to today's Wikipedia X-face. I'm your host from Wikipedia. Thank you to everyone joining us from around the world. So today's topic is Wall Street, Go Sun Chan, who benefits in crypto. Traditional finance is expanded into crypto through EDF, organization and on-chain services. But while institutional activities growing, the market is still navigating uncertainty around inflation, interest rates, global risk sentiment, and user protection. So today we'll explore a quick question. As Wall Street moves on Chan, who actually benefits most? And what does meaningful adoption actually look like for crypto users? So before we begin, please follow Wikipedia official and also repost this space and also drop your questions in the comments to interact to join our USD giveaway. So that's what our speakers here today. Thank you all for joining us. Like before, we actually started with the questions. Please introduce yourself a little bit and also just like share with us what you are currently building. Okay, so let's start with the Gold House. Okay, thank you, thank you, host and my name is NEJ from Gold House, who is the ambassador and the Pueblo for this project. So the Gold House is a Wall Street community and the ecosystem focus on connecting innovative projects, building builders, investors and users. I will go used to create a space where people can just cover promotion projects, exchange insights and participate in meaningful conversations around the future of Wall Street. So we believe the next stage and of Wall Street will be driving not only by technology but also by strong communities, your user adoption and the long-term collaborations. Thank you, this all. Great, welcome. It's great to have you here. So let's next is RBC Group. Yeah, okay, host. Thank you, thanks for having me. I'm a bus from RBC with some gold. I work across marketing and partnership and about RBC, we are building a good system with ecosystem along with your Gold assets such as Gold. Our focus is on connecting physical Gold with blockchain and infrastructure, the center of it. And we are under movement where we are we close to our TGE and we are building looking forward to that. Great stopping is very exciting and really excited to be back to your host. Great, welcome. And yeah, I think that we actually have several new friends here today. It's pretty exciting for me to, you know, looking forward to what's gonna talk about today. And the next is Badars. Hey everyone, what a lovely Thursday. First of all, thank you so much for inviting us here. And it's been a while since we become a guest speaker here. So thank you so much. And I am Ahain, the community manager at Massars and you've been working on our app for the past seven months. It is a super self-custodial wallet which you can do more than just managing your crypto. We need let our users manage your crypto in 10 chains powered by our token VCR and participate in the prediction market. Thirdly, if you have crypto sitting in your wallet and have no idea where you can spend it, you can shop a wide variety of digital or physical products in our app using your crypto. It feels like when you use our app, it feels like anti-commerce but you are paying with crypto. And we also have this very cool feature which let our users do or make chats or calls intruptedly without the need of an email or phone number. So all you need is to set up your wallet and connect with other users by sharing your massage wallet address and you can add them to your account. So if this app interests you guys just type in your browser's vizars.app and you can set up your wallet there. And also our app is available on Google Play Store and App Store. So super excited. I was looking forward for this great day and I'm glad to be here. Thank you so much. Great. And thanks for the introduction of your app. That's really exciting. Okay, so thank you all for joining us today. Let's just dive into our very first questions about institutional adoption. So traditional finance expanding into crypto through EDF's tokenization and ongoing services yet market confident, renewing even with investors' way of inflation, interest rates and geopolitical risk. So how do you read the current market mood? What is holding back confidence and what would need to change for girling institutional adoption to translate into stronger demand across the crypto market? So if you like to share like a wall signals with companies you, that sentiment is proving. It's not and it's like more like the long-term price expectation. Okay, so let's start with our busy group. Sure, I mean, this is a very interesting question because we have seen quite an interest from institution in other than their adoption. So honestly, I think we sometimes confused institution entering crypto with the entire marketing and market becoming healthy. So what we have seen is like asset managers, banks and exchanges starting to export organization. But that doesn't mean every investor suddenly wants to invest in that and want to take that risk because the market is going. People are still looking at the interest rate, inflation, geopolitics and uncertainty whether this will turn out to be good or not. So that is what we can't just buy the risk. Just because everyone wants to get in the tokenization. And there's another thing which is their institution launching a product is one thing where the customer actually using is something else because institution wants to block the product but it has to be relevant to the use case of the user. Only then there can be a mass adaptation from the user. So for me, the real signal would be seen and people continue to use these products even when the market is in, you know, from the end of the market isn't going green all the time whether the stable coin payment or tokenized asset or on-chain finance services. So I think these are the things that we should look forward at the signal. And I thought we see that's why, you know, why in the conversation needs move beyond just the token price and towards what people can actually do with the real world assets. So like, for example, institution money can bring credibility to the market but the real utility is, you know, what makes the credibility large. So I think that's what we are looking forward to it and I think that's the signal we are looking forward to that. And thank you, respect you. Great. Thank you for sharing that. And I think we have like talk a lot about utility and adoption, right? So that's definitely like also for me, that's the signal that I'm watching as well. Okay. And, and Goldhouse, would you love to share? Yes, of course. For this question, I think I think the institutional adoption and the real market demand moving at a different speeds in institutions and building the interest structure but the market still wants to see real usage and the sustainable returns. ETFs and tokenization may make crypto more accessible but access only doesn't create demand. And the Goldhouse will believe the next step is connecting the digital assets with real users and everyday applications. The key question is simple. Are we giving people a real reason to use books three in the state? So this is all our questions answer. Thank you. Great. Thanks for sharing that. And yeah, I think like, you know, like, like one thing, even like if you have like campaign and accepted it and then you like kind of like attract the users at the first time or let's say at the beginning but the more important question is like whether the users can stay on your platform, right? And of course, obviously like users just like stay for the real value, not just for any narratives, right? That's a long term version. I absolutely agree with you. And okay, I can see but are there. He's trying to connect. So the next question. I think we have talked like institutional interest may be growing but confidence also depends on what these new products actually offer to investors right and dappering us to one of the most discussion discussed everywhere so long term finance is tokenized stocks. So Goldman, Sucks and Microsoft and McDonald's have also reportedly objected to having their shares offered through a new tokenized stock framework. highlighting disagreements over how stocks should move on chain. So what does this pushback review about the gap between crypto platforms listing companies and investors? So one must tokenized stocks offer beyond longer trading hours to actually become generally useful. Yeah, I know it's all about like 24 or 7. You know trading. So before buying a tokenized stock, watching investors understand about ownership rights, dividends and their ability to redeem or sell it. So for this questions, our BC group would you love to answer? Like before you answer these badars, I can see you are still connecting. Maybe you can rejoin this session so that you can talk right now. I think we are just like lost connection here. Okay, RBC, please go ahead. Sure. Yeah, definitely tokenized stocks. It has been trending even we've seen like by now and other things are starting listing and now anyone can buy a Tesla and Apple stock, just a tokenized stock on bind. And you know before that there was a hassle. If you want to use your tokenized, if you want to use Bitcoin or USGT, you need to do multiple transactions. I can just get your money from on chain to off chain. And by the stock now that has a list really gave dog and it is reaching out to weekly users and the retail investors more recently. But I think tokenized stock are interesting because they make the investing more easy and especially for the people who are not, you know, the digital traditional or don't have access to this traditional market. So imagine someone in a country where opening international brokerage accounts very difficult or even if they did, they would have a regulation they have to follow. Now with the tokenized stock they can download any.