#代币化资产 The SEC's move is quite aggressive. From the "No-Action Letter" to the approval of on-chain custody of tokenized assets by DTCC, this is not just policy easing but paving the way for traditional finance to migrate onto the blockchain. During the three-year pilot, stocks, bonds, and government bonds could all be tokenized and circulated, with transparency and settlement efficiency truly surpassing traditional models.

The key is Atkins' statement—"Innovation Exemption Policy." This means there may be more opportunities for overtaking later on, without strictly following old rules. For copy traders, this policy shift presents two opportunities: first, RWA (Real-World Asset) traders might gain new operational space and profit cycles; second, with increased certainty in on-chain trading, strategies of meticulous traders will become more stable.

But caution is also needed—policy benefits can easily lead to short-term speculation. When allocating positions and copying trades, one should select traders who understand long-term logic rather than those chasing trends. The true value of tokenized assets lies in liquidity and cost optimization, not just conceptual themes. Traders' strategies must stand the test of time, beyond just this wave of policy dividends.