Wu said that former Grayscale CEO Michael Sonnenshein joined Securitize as Chief Operating Officer (COO) to promote the development of on-chain physical asset tokenization (RWA). Sonnenshein worked at Grayscale for 10 years, leading the company to become the world's largest crypto asset management institution and promoting the approval of the first spot Bitcoin ETF in the United States. He said that the demand for tokenization is huge, and he will work with the Securitize team to optimize the efficiency of the capital market in the future.