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According to ChainCatcher, Hyperbot data shows that about four hours ago, James Wynn closed the HYPE long position he opened earlier this morning, and made a small additional investment in his 40x leveraged bitcoin long position. The current position is valued at approximately $3.96 million, with a liquidation price of $93,710.

Jinse Finance reported that Joe Longo, Chairman of the Australian Securities and Investments Commission (ASIC), stated that unless Australia embraces new technologies, including tokenization, its capital markets may be left behind by other countries. Longo pointed out at the National Press Club on Wednesday: "As other countries adapt and innovate, there is a real risk that Australia will become a 'land of missed opportunities', or merely passively accept overseas developments." According to estimates by Boston Consulting Group (BCG), more than $35.8 billion worth of real-world assets have already been tokenized on-chain, and this figure could rise to $16 trillion by 2030; McKinsey & Co offers a more conservative estimate of $2 trillion. U.S. market regulators have also proposed the concept of 24/7 trading, which "may be more feasible in certain asset classes." Leading financial figures such as BlackRock CEO Larry Fink are promoting the tokenization of everything from stocks and bonds to money market funds, viewing it as a solution.