Share a profit-making idea — as the wave of centralized exchange IPOs approaches, it will bring a surge of high-certainty opportunities.

Most compliant resources-rich centralized exchanges (CEX) are adopting a "dual-track" approach to asset issuance. For example:

▌After Coinbase went public on NASDAQ, Base Layer 2 is seriously considering issuing a native token
▌OKX, after returning to the U.S. market, established headquarters in San Jose and is also advancing an IPO plan
▌Europe’s leading compliant exchange Bitpanda has launched $VSN tokens, while founder Eric Demuth confirms they are considering going public

The logic is that traditional IPOs provide compliance and access to institutional capital, while on-chain tokens capture ecosystem value and community participation. The two complement each other, forming a complete value closed loop.

How can we benefit from this? Let’s analyze Bitpanda as an example.