DeFi angle: market makers is testing conviction — institutional desks continues to pressur

A simple checklist—exchange reserves, compliance tooling, and inventory—beats improvising under stress.

Put beside current chatter on “Bitcoin Doesn't Need a Bank, Yet MicroStrategy Wants to Become One,” the incentive problem looks clearer.

Stay close to what users and balance sheets are actually doing.

Meanwhile, RWA tokenization can either confirm the move or expose it as temporary.

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