Weekend Reading Recommendation: Hong Kong Opens Up Tokenized Secondary Trading, Sun Yuchen Sues World Liberty

Summary: Cora

This Week’s Focus

“Exclusive Interview with Fu Peng, Chief Economist of Xinhuo Group: Interpreting Bitcoin’s Asset Properties, Hong Kong Real Estate, and Personal Finance Tips—Techub News Dialogue Transcript”

In this interview, Fu Peng clearly defines Bitcoin’s asset attributes, dissects its core differences with AI assets and gold, and analyzes the key supporting factors of Hong Kong’s real estate market and the role positioning in the digital asset field.

“Base Releases the First Network Upgrade Azul with an Independent OP Stack Framework, Will It Mark the Beginning of Autonomous L2 Iteration?”

In summary, increased competition ultimately benefits end users. Base’s independent upgrade forces other L2s to accelerate iteration, improve security and performance, and lower developer barriers. For developers, this means more choices, better toolchains, and lower cross-chain adaptation costs; for users, cross-chain experience, withdrawal speed, and transaction fees will continue to improve.

“Hong Kong Securities and Futures Commission Implements New Framework: Tokenized Secondary Market Trading Opens, Is a New Era Coming?”

The release of this new regulatory framework by the SFC marks a key step for Hong Kong’s tokenized product market from a “one-way channel” (limited to primary market subscription and redemption) to a “two-way circulation market” (investors can freely buy and sell). Previously only primary market trading was allowed; now, secondary market trading of tokenized products on licensed platforms is officially permitted, greatly enhancing product liquidity.

“The Rollup Dialogue with Dragonfly Partner Rob Hadick: What Will DeFi’s Future Look Like After the Crisis Weekend?”

From mainstream coins to any narrative at the time, every AMM, lending protocol, and gaming protocol surged. Whether you held the biggest one or not, it would rise along with the others. However, that era is over. Investing in this space will become more difficult, and trading will also be harder. It is no longer just about seeking beta (which everyone was doing before), but about finding more alpha.

“Solana Q1 Ecosystem Overview: Data Fully Cooling Down, 5 Key Pillars Could Decide the Success or Failure of the Next Expansion”

Over the past year, Solana has been the preferred platform for speculation in the cryptocurrency space. This positioning provided an invaluable “stress test” for its network. As a result, user activity, fees, developer numbers, and investor attention all exploded.

Featured Recommendations

"No ‘ID Card’ Agent, Cannot Take Over the World