Isn’t it interesting that Ripple, despite being a blockchain company, still generates revenue from so many off-chain activities? Payments, liquidity, custody, prime brokerage, and other traditional financial services. Why is that? Because traditional finance hasn’t fully moved on-chain yet. Tokenization is now beginning to take shape, and we’re starting to see traditional financial institutions gradually move toward blockchain-based infrastructure. Ripple’s real counterpart is the traditional financial system. We’re only at the beginning of this financial transition. So, naturally, in these early stages, not everything is going to operate on-chain. Off-chain and on-chain activities will coexist for some time. Isn’t that obvious? You have to understand the transition we’re witnessing, rather than expecting the entire financial system to change overnight.