Twenty One Capital is about to ring the opening bell at the NYSE. How should I put it? It's pretty interesting.

Let's start with the crypto community. A company that holds Bitcoin as its main asset going public is a big deal. The old money on Wall Street will start paying attention—after all, this isn't some small-scale operation; the amount of BTC they hold is no small figure. Market confidence? It's definitely going to get a boost. More importantly, this sets an example for other crypto companies looking to go public. Who knows, in a while, we might see a wave of similar cases, and the entire industry's rules of the game will become more regulated and mature.

Looking ahead, if this company really starts getting creative—like launching Bitcoin-related financial derivatives or rolling out new services—the use cases for Bitcoin will expand even further. As the ecosystem gets richer, the potential grows.

Now, from the perspective of traditional finance. Honestly, someone has finally broken through that wall. Those conservative investors who wanted to get into crypto but were afraid of the risks now have a solution—they can just buy the stock and indirectly hold Bitcoin. The risks are controllable, and the entry barrier is low. For traditional institutions like banks and funds, this brings new pressure: if you don’t act, others will, and the market won’t wait for you. They’ll have to speed up and figure out how to integrate crypto assets into their business portfolios.

Of course, this isn’t all positive. Twenty One Capital is making a bold move, but the risks are obvious. Everyone in the market needs to stay calm and not rush in blindly. There are opportunities, but you have to keep a clear head.