The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BTC.COM) News: HSBC and Northern Trust
A report jointly released by the Trust shows that by 2030, digital assets are expected to account for 10% of global assets, and the global asset market may reach US$145.4 trillion in 2025, which means that digital asset valuations may exceed US$14.5 trillion. , nearly 15 times the current total cryptocurrency market capitalization (approximately $1 trillion).

At the same time, the report stated that as technological innovation drives changes, cryptocurrencies, stablecoins, central bank digital currencies (CBDC), and infrastructure for securities digitization are changing the landscape. As the DeFi ecosystem continues to develop, it spans multiple regions. The asset security and integrity of blockchains and protocols will become increasingly important.

 Innovation in Cryptocurrency Technology

The report writes that tokenization has become one of the key catalysts for change, making the industry more disintermediated and democratized. Tokenization is improving transparency, cost efficiency, and affecting all aspects of trading, pricing, and securities liquidity. and potentially create more efficient clearing and settlement.

From HSBC’s perspective, tokenization is a disruption that has an impact on all stakeholders in the industry, especially asset servicers, as asset servicers seek to build sustainable solutions for the future, thereby creating a more A more collaborative environment, tokenization and the broader growth of the digital world are challenging the operating models of asset servicers.

The report also adds that the market is embracing tokenization as a means of monetizing assets and digital tokens (including cryptocurrencies), and the global NFT market size is expected to grow from US$3 billion in 2022 to US$13.6 billion in 2027. The compound annual growth rate from 2022 to 2027 is 35.0%.

 Will Ripple dominate the market? 

At the time of the release of this report, many members of the Ripple community were also encouraged and believed that Ripple (XRP) is expected to dominate the cryptocurrency market. Linda, a Wall Street financial analyst who supports Ripple
Jones tweeted: Yes, the (digital asset market value) number is that big (14.5 trillion U.S. dollars). Funds will flow in digital form. You have very valuable assets. You entered the market early, and there is nothing wrong. Question: If you knew you owned the next Microsoft or Apple stock, would you rush to sell early on? ripplecoin

Previously, Ripple won an initial victory in the lawsuit against the U.S. Securities and Exchange Commission (SEC) on July 13. The judge issued a summary judgment and stated that Ripple’s sale of XRP through the exchange did not constitute a security. However, the SEC has filed a lawsuit with the U.S. Securities and Exchange Commission (SEC). The Southern District Court of New York submitted a letter requesting an "interlocutory appeal" against the ruling in the Ripple case, and the court process is currently underway.