Da Hongfei (@dahongfei): With the upcoming listing of @SpaceX , I’ve been thinking a lot about RWA and current market situation.

With the upcoming listing of @SpaceX , I’ve been thinking a lot about RWA and current market situation. Many people see the growing connection between crypto and traditional finance as a channel for capital to flow out of crypto and into traditional assets. I see it differently. Once the rails are built, value moves both ways. While AI, compute, storage, and other infrastructure sectors are attracting massive attention today, the same rails will eventually help more traditional capital discover the unique value being created on-chain. We are still early. Crypto remains one of the fastest-growing industries in history, and its most important innovations are still ahead of us. That’s why I remain confident. Over the past few months, we’ve been focused on executing NF’s restructuring while continuing to advance our Humanless Blockchain strategy — building the financial infrastructure for an AI-native future. Markets change. We keep building.