According to CoinMeta, Xie Jiayin, the person in charge of Bitget's Greater China region, shared his thoughts on attending the conference in Token2049 Singapore. He pointed out that users are becoming more professional and are beginning to redefine products, expressing a need for features such as options and strategy platforms that can enhance the efficiency of capital utilization. For institutions, the improvement in capital efficiency brought about by tokenization is a core requirement. He also mentioned that the bubble is beginning to clear, and projects are moving away from relying solely on token issuance for marketing, instead creating real value through payments, asset management, and brokerage services. In addition, the industry has now embraced a clear regulatory framework. While there will inevitably be short-term difficulties, in the long run, compliance and institutionalization will drive the industry to develop into a mature financial infrastructure.