Throughout financial history, we can see a clear main line: the continuous improvement of capital efficiency. Every major breakthrough has pursued the same goal - to make the flow of funds freer and more efficient. Today, we stand at another historic turning point.

In the traditional financial world, trillions of tangible assets, such as low-risk investment tools like U.S. Treasury bonds, often yield stable but modest returns. While these assets are safe, they struggle to share in the opportunities brought by the rapid growth of the digital financial world, as if obstructed by an invisible wall.

However, innovation is breaking down this barrier. Emerging financial technologies are transforming strictly regulated physical assets into flexible investment tools. This groundbreaking approach allows institutional investors to use their tokenized U.S. Treasury bonds as collateral to participate in complex centralized and decentralized finance (CeDeFi) arbitrage strategies.

This innovation means that investors can simultaneously obtain the low-risk returns of U.S. Treasury bonds, as well as the excess returns brought by advanced trading strategies. This is not just a simple stacking of returns, but a completely new concept of asset activation. It provides a safe channel for a large amount of traditional capital to bypass the inherent risks of stablecoins and directly enter the world of high-yield strategies.

This new type of financial instrument is not just a product; it represents a new financial philosophy: activating dormant capital. It heralds the arrival of a truly frictionless, high-efficiency financial new era that integrates global advantages. In this new era, the strengths of Eastern and Western financial systems will be fully integrated, and the power of capital will be fully unleashed.

With the advancement of these innovations, we are witnessing a significant transformation in the financial world. This transformation will not only enhance capital efficiency but also inject new vitality into the global economy. For investors and financial institutions, this means more opportunities and broader development space. For the entire financial system, this heralds a future that is more open, efficient, and inclusive.