In the past few years in the crypto world, almost anything can be turned into a story. New projects without an exclusive launch or some "strategic partnership" hype seem to have no way to survive. But look at some teams—they do the opposite—year after year focusing on technological iteration and regulatory coordination, avoiding gimmicks and hot topics. This kind of "stubbornness" sounds boring, but in reality, it embeds patience into the core of their products.

What are they doing? They are transforming three seemingly conflicting elements—privacy protection, compliance frameworks, and infrastructure—into practical, usable engineering. It’s easy to say, but to do it requires understanding cryptography, coordinating policies, streamlining financial logic, plus market trial and error—this isn’t something that can be achieved with a 996 work schedule; it takes years of consistent effort.

For those involved, it’s more like a choice: are you speculating or investing? Holding tokens not only yields protocol rewards but, more importantly, provides backing for the infrastructure that brings traditional financial assets onto the blockchain. Imagine the day when bonds and securities are compliant and flowing on-chain—early builders’ returns won’t just be empty promises.

Of course, there’s a price—short-term, you might not see exponential growth, and you have to endure fluctuations caused by policy adjustments and technological iterations. But if your concern is the real implementation of blockchain in traditional finance, rather than how many times it can multiply next week, then focusing on teams that truly get their heads down and do the work is a more solid choice.