Q that kind of deeply regulated background. Starting to experiment with blockchain technology. Do you think they're going to be advantaged or disadvantaged given where they're coming from? Does the lock in with regulators, the relationship with the regulators, the lock in with the market participants, give them some leg up? Or do you think that the disruptors are ultimately going to be able to operate more freely and more quickly?
A This is the big challenge. Um, I think the advantage that we have that we are very nimble and we can operate everywhere in the world. The advantage that they have is that they're already regulated. They're already operating with those assets that we want on chain in the United States, but they don't have global availability. NASDAQ is still in this little sandbox. Um, so we'll see what happens. I think once the regulators allow, uh, public keys like cryptography to manage and transfer assets, That's the interface that you can wrap around and start moving fun, you know, start moving anything from inside NASDAQ to Solana and vice versa. Like once that interface exists, I think you kind of, the genie's out of the bottle, you know, the, the toothpaste is out of the tube.
AI assessment note: “I think the advantage that we have that we are very nimble... advantage that they have”