We are excited to see tokenized gold gaining mainstream acceptance in the precious metals industry. This further confirms our shared vision that tokenization technology can enhance access to investment-grade gold, making it more equitable and accessible to a broader population. More high-quality players are entering the space, including Tether, Paxos, and @matrixdock, with PAMP's gold token set to launch soon. We believe innovation will make the precious metals industry more efficient and better prepared for the next generation of investors.