#DeFi发展与监管# The recent operations of Upexi and SOL Strategies are quite interesting. Both companies are trying to extend the asset net value premium through tokenization of stocks, but I think this path is not easy to walk. Although the Opening Bell platform provides them with new possibilities, if on-chain stocks cannot truly integrate into the DeFi ecosystem, they may soon be repriced by the market. After all, the underlying asset is still SOL, which does not have the same consensus as Bitcoin. I will closely follow the subsequent performance of these two companies to see if they can truly achieve the innovation of "coin-stock linkage" or ultimately become another altcoin version of MicroStrategy. For us copy trading players, this may be a new opportunity, but the risks are also significant, and we need to treat it with caution.