#代币资产发行与投资 Keel's $500 million investment plan indeed looks interesting. The logic of Sky ecosystem using stablecoin USDS to reward token holders is very clear, and putting the RWA tokenization on Solana shows they are serious.

From a follow-up perspective, such ecosystem capital allocation actions often attract a group of institutional-level traders. More than 40 institutions have expressed interest, which means there will be a liquidity release and price expectation reshaping for related assets in the next phase. My approach here is: in the short term, focus on the movements of Keel and Sky tokens to see if institutional traders are rushing ahead on this information. In the long term, the RWA track is indeed gaining popularity, but the risk weight of tokenized assets depends on the specific project — not all issuers can handle this logic.

I'm preparing to start observing some traders who are following this track. In terms of position sizing, I will allocate relatively cautious amounts for these expected divergence opportunities, as RWA implementation has always been more complex than imagined. Practical experience will tell the truth; we will make a final judgment after the application results are out.