During the ceremony, Sun expressed that HTX DAO has given the HTX exchange a new lease of life. With a decentralized governance approach leading the next decade of development, HTX can operate sustainably for generations to come. 

As per Sun, with the support of HTX DAO and the HTX token, HTX will retain its centralized operational structure while embracing decentralized governance, branding, and decision-making, showcasing vitality and competitiveness as a democratic community.

Sun also highlighted HTX DAO's strengths in community decision-making, governance, and operations. It will establish the HTX Senate, igniting active debate and decision-making regarding the development of HTX. With the principle of "From the Community, For the Community," HTX is poised to be a true people-centric exchange.

It is worth noting that besides HTX, HTX DAO has attracted more builders for its ecosystem, including projects and institutions such as Ankr, Spark Digital Capital, Double Peak Capital, Zebec, Merkle 3s Capital, TRON, BitTorrent, JustLend DAO, Poloniex, Sun.io, Spark, Stratified Capital, stUSDT, APENFT, etc. At the same time, as co-builders, HTX, TRON, BitTorrent, and APENFT will contribute funds to support HTX DAO's liquidity, jointly promoting the development of HTX DAO.

Summing up, Sun stated that HTX has gone through a decade as a centralized entity and hopes to accomplish its transformation to decentralization over the next decade, reaching long-term stability with a mechanism of complete democracy and transparency as a true People's Exchange.

It is reported that this ceremony has garnered widespread attention from the HTX community and the cryptocurrency market. Web3 leading institutions attended the ceremony, such as Fireblocks, HashKey, Bithumb, and Paradigm, as well as media outlets like The Wall Street Journal, The Korea Times, FT Chinese, The Straits Times, Golden Finance, PANews, and others.