The Golden Electronic Music Festival Global Tour Thailand Station was held in Bangkok on July 25. CEO Wang Yukun said at the event that with the approval of Bitcoin and Ethereum spot ETFs by US regulators in 2024, major TradeFi giants such as BlackRock, Fidelity, and Ark have entered Web3. China is actually following suit. For example, JD.com recently announced that it will issue a Hong Kong dollar stablecoin pegged to the Hong Kong dollar 1:1 on the public chain, and Tencent and Alibaba Web2 giants are also investing in Web3 companies. It can be said that the integration of Web3 and Web2 is the general trend. And we know that in the ongoing US election, encryption policy has become the focus of presidential candidates. The Bitcoin2024 conference, which opened on the same day as the Golden Electronic Music Festival, the former US president will attend and give a speech. It can be said that Web3 has fully entered the mainstream of society.