{"id":3564,"date":"2025-06-28T09:04:19","date_gmt":"2025-06-28T01:04:19","guid":{"rendered":"https:\/\/theexchain.com\/current-development-and-future-outlook-of-the-tokenized-securities-market\/"},"modified":"2025-06-28T09:04:19","modified_gmt":"2025-06-28T01:04:19","slug":"%e4%bb%a3%e5%b9%a3%e5%8c%96%e8%ad%89%e5%88%b8%e5%b8%82%e5%a0%b4%e7%9a%84%e7%95%b6%e5%89%8d%e7%99%bc%e5%b1%95%e8%88%87%e6%9c%aa%e4%be%86%e5%b1%95%e6%9c%9b","status":"publish","type":"post","link":"https:\/\/theexchain.com\/zh\/%e4%bb%a3%e5%b9%a3%e5%8c%96%e8%ad%89%e5%88%b8%e5%b8%82%e5%a0%b4%e7%9a%84%e7%95%b6%e5%89%8d%e7%99%bc%e5%b1%95%e8%88%87%e6%9c%aa%e4%be%86%e5%b1%95%e6%9c%9b\/","title":{"rendered":"\u4ee3\u5e63\u5316\u8b49\u5238\u5e02\u5834\u7684\u767c\u5c55\u73fe\u6cc1\u8207\u672a\u4f86\u5c55\u671b\n  \u8b49\u5238\u5e02\u5834"},"content":{"rendered":"<h2 id=\"the-16-trillion-opportunity-how-tokenization-is-rewiring-global-finance\">$16 \u5146\u7684\u5546\u6a5f\uff1a\u4ee3\u5e63\u5316\u5982\u4f55\u91cd\u5851\u5168\u7403\u91d1\u878d\u683c\u5c40<\/h2>\n<p><strong>\u8a66\u60f3\u4e00\u500b\u9019\u6a23\u7684\u4e16\u754c\uff1a<\/strong>  <\/p>\n<ul>\n<li>\u4e00\u5bb6\u6771\u4eac\u990a\u8001\u57fa\u91d1\u7acb\u5373\u5c07\u4ee3\u5e63\u5316\u9ec3\u91d1\u7528\u4f5c\u502b\u6566\u56de\u8cfc\u4ea4\u6613\u7684\u64d4\u4fdd\u54c1  <\/li>\n<li>\u4e00\u540d\u6563\u6236\u6295\u8cc7\u8005\u4ee5 $50 \u7684\u50f9\u683c\u8cfc\u8cb7\u4e86\u66fc\u54c8\u9813\u4e00\u68df\u6469\u5929\u5927\u6a13\u7684\u96f6\u80a1\u3002  <\/li>\n<li>\u50b5\u5238\u4ea4\u5272\u5168\u5929\u5019\u3001\u6bcf\u79d2\u5373\u53ef\u5b8c\u6210\uff0c\u800c\u975e T+2<\/li>\n<\/ul>\n<p>\u9019\u4e0d\u662f\u79d1\u5e7b\u5c0f\u8aaa\u2014\u2014\u9019\u662f\u6b63\u5728\u6210\u5f62\u7684\u73fe\u5be6\uff0c <strong>\u4ee3\u5e63\u5316\u8b49\u5238\u5e02\u5834<\/strong>. \u5728\u4e16\u754c\u7d93\u6fdf\u8ad6\u58c7\u3001\u57c3\u68ee\u54f2\uff08Accenture\uff09\u53ca\u5168\u7403\u76e3\u7ba1\u6a5f\u69cb\u7684\u652f\u6301\u4e0b\uff0c\u8cc7\u7522\u4ee3\u5e63\u5316\u6b63\u6e96\u5099\u70ba\u91d1\u878d\u696d\u5e36\u4f86\u524d\u6240\u672a\u6709\u7684\u6548\u7387\u3001\u900f\u660e\u5ea6\u8207\u53ef\u53ca\u6027\u3002\u4ee5\u4e0b\u662f\u6a5f\u69cb\u5011\u672a\u66fe\u5411\u60a8\u900f\u9732\u7684\u95dc\u65bc\u9019\u5834\u300c$140T+\u300d\u985b\u8986\u6027\u8b8a\u9769\u7684\u771f\u76f8\uff1a<\/p>\n<h3 id=\"the-dna-of-tokenization-beyond-crypto-hype\">\u4ee3\u5e63\u5316\u7684\u672c\u8cea\uff1a\u8d85\u8d8a\u52a0\u5bc6\u8ca8\u5e63\u7684\u7092\u4f5c\u71b1\u6f6e<\/h3>\n<p>\u4ee3\u5e63\u5316\u5c07\u6240\u6709\u6b0a\u8f49\u5316\u70ba\u53ef\u7a0b\u5f0f\u5316\u5e33\u672c\uff08DLT\uff0f\u5340\u584a\u93c8\uff09\u4e0a\u7684\u6578\u4f4d\u4ee3\u5e63\uff0c\u5f9e\u800c\u7522\u751f\uff1a<\/p>\n<ul>\n<li><strong>\u53ef\u9a57\u8b49\u7684\u50f9\u503c<\/strong> \uff08\u53ef\u5be9\u8a08\u7684\u8cc7\u7522\u64d4\u4fdd\uff09  <\/li>\n<li><strong>\u53ef\u9a57\u8b49\u7684\u6240\u6709\u6b0a<\/strong> (\u52a0\u5bc6\u6b0a\u5229\u9a57\u8b49)  <\/li>\n<li><strong>\u53ef\u9a57\u8b49\u7684\u4ea4\u6613\u7d00\u9304<\/strong> (\u9632\u7be1\u6539\u7a3d\u6838\u8ecc\u8de1)<\/li>\n<\/ul>\n<p>\u6709\u5169\u7a2e\u9769\u547d\u6027\u7684\u6a21\u578b\u4f54\u64da\u4e3b\u5c0e\u5730\u4f4d\uff1a  <\/p>\n<ol>\n<li><strong>\u6709\u64d4\u4fdd\u4ee3\u5e63<\/strong> \u2013 \u4ee5\u6578\u4f4d\u5f62\u5f0f\u5305\u88dd\u7684\u50b3\u7d71\u8cc7\u7522\uff08\u4f8b\u5982\uff1a\u6ed9\u8c50\u7684\u9ec3\u91d1\u4ee3\u5e63\uff09  <\/li>\n<li><strong>\u539f\u751f\u4ee3\u5e63<\/strong> \u2013 \u539f\u751f\u5340\u584a\u93c8\u8cc7\u7522\uff08\u4f8b\u5982\uff1a\u9999\u6e2f\u7684 $800M \u4e3b\u6b0a\u6578\u4f4d\u50b5\u5238\uff09<\/li>\n<\/ol>\n<h3 id=\"the-100b-efficiency-playbook-5-killer-advantages\">\u300a$100B \u6548\u7387\u6307\u5357\u300b\uff1a5 \u5927\u81f4\u52dd\u512a\u52e2<\/h3>\n<p>\u4ee3\u5e63\u5316\u4e4b\u6240\u4ee5\u80fd\u5448\u73fe\u7206\u70b8\u6027\u6210\u9577\uff0c\u6e90\u65bc\u5176\u5177\u5099\u50b3\u7d71\u7cfb\u7d71\u7121\u6cd5\u5be6\u73fe\u7684\u529f\u80fd\uff1a  <\/p>\n<table>\n<thead>\n<tr>\n<th><strong>\u5fae\u5206\u5668<\/strong><\/th>\n<th><strong>\u5f71\u97ff<\/strong><\/th>\n<th><strong>\u5be6\u969b\u6848\u4f8b<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>\u5171\u4eab\u7684\u5b98\u65b9\u8a18\u9304\u7cfb\u7d71<\/strong><\/td>\n<td>\u6d88\u9664\u5c0d\u5e33\u932f\u8aa4<\/td>\n<td>\u745e\u9280\uff08UBS\uff09\u900f\u904e SDX \u7684\u5340\u584a\u93c8\uff0c\u5c07\u50b5\u5238\u4ea4\u5272\u5931\u6557\u7387\u5927\u5e45\u964d\u4f4e 80%<\/td>\n<\/tr>\n<tr>\n<td><strong>\u5f48\u6027\u76e3\u8b77\u6b0a<\/strong><\/td>\n<td>\u5f9e\u81ea\u884c\u4fdd\u7ba1\u8f49\u79fb\u81f3\u6a5f\u69cb\u91d1\u5eab<\/td>\n<td>\u7f8e\u9280\u7f8e\u6797\u7684\u591a\u7c3d\u540d\u9322\u5305\u5c07\u8a17\u7ba1\u6210\u672c\u964d\u4f4e 40%<\/td>\n<\/tr>\n<tr>\n<td><strong>\u8cc7\u7522\u5206\u62c6<\/strong><\/td>\n<td>\u964d\u4f4e\u6700\u4f4e\u6295\u8cc7\u984d<\/td>\n<td>KKR \u7684 $4B \u91ab\u7642\u4fdd\u5065\u57fa\u91d1\u73fe\u53ef\u900f\u904e Securitize \u4ee5 $10k \u7684\u50f9\u683c\u6295\u8cc7\uff08\u76f8\u8f03\u65bc $5M+\uff09<\/td>\n<\/tr>\n<tr>\n<td><strong>\u7d44\u5408\u6027<\/strong><\/td>\n<td>\u8de8\u93c8\u62b5\u62bc\u54c1\u91cd\u8907\u4f7f\u7528<\/td>\n<td>\u6469\u6839\u5927\u901a\u7684 TCN \u65bc 2023 \u5e74\u91cb\u653e\u4e86 $2B \u7684\u88ab\u9396\u5b9a\u6d41\u52d5\u6027<\/td>\n<\/tr>\n<tr>\n<td><strong>\u53ef\u7a0b\u5f0f\u5316<\/strong><\/td>\n<td>\u81ea\u52d5\u57f7\u884c\u5408\u7d04<\/td>\n<td>\u5bcc\u862d\u514b\u6797\u5766\u666e\u9813\u7684 BENJI \u57fa\u91d1\u80fd\u5728 12 \u79d2\u5167\u81ea\u52d5\u8655\u7406\u80a1\u606f<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 id=\"the-asset-revolution-whats-moving-on-chain-first\">\u300a\u8cc7\u7522\u9769\u547d\uff1a\u54ea\u4e9b\u8cc7\u7522\u5c07\u7387\u5148\u4e0a\u93c8\u300b<\/h3>\n<p>\u4e26\u975e\u6240\u6709\u8cc7\u7522\u7684\u4ee3\u5e63\u5316\u904e\u7a0b\u90fd\u76f8\u540c\u3002\u6700\u7406\u60f3\u7684\u5019\u9078\u8cc7\u7522\u5177\u5099\u4ee5\u4e0b\u95dc\u9375\u7279\u5fb5\uff1a<br \/>\u2705 <strong>\u6c89\u91cd\u7684\u884c\u653f\u8ca0\u64d4<\/strong> \uff08\u4f8b\u5982\uff1a\u516c\u53f8\u50b5\u5238\uff09<br \/>\u2705 <strong>\u6709\u9650\u53ef\u5206\u6027<\/strong> \uff08\u4f8b\u5982\uff1a\u5546\u7528\u4e0d\u52d5\u7522\uff09<br \/>\u2705 <strong>\u6a5f\u69cb\u9700\u6c42<\/strong> \uff08\u4f8b\u5982\uff1a\u7f8e\u570b\u570b\u50b5\uff09  <\/p>\n<p><strong>\u63a8\u52d5\u63a1\u7528\u7684\u4e3b\u5c0e\u8cc7\u7522\u985e\u5225\uff1a<\/strong>  <\/p>\n<ol>\n<li>\n<p><strong>\u56fa\u5b9a\u6536\u76ca\uff08$140T \u5e02\u5834\uff09\uff1a<\/strong>  <\/p>\n<ul>\n<li>\u4e3b\u6b0a\u50b5\u5238\uff1a\u9999\u6e2f\u91d1\u878d\u7ba1\u7406\u5c40\u7b2c\u4e09\u6b21\u767c\u884c $800M \u4ee3\u5e63\u5316\u50b5\u5238\uff082025\uff09  <\/li>\n<li>\u4f01\u696d\u50b5\u52d9\uff1a\u6cd5\u570b\u8208\u696d\u9280\u884c\uff08Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\uff091,000\u842c\u6b50\u5143\u7da0\u8272\u50b5\u5238\u65bc\u6578\u5206\u9418\u5167\u5b8c\u6210\u4ea4\u5272  <\/li>\n<li><em>\u5c0d\u5e02\u5834\u7684\u5f71\u97ff\uff1a0.22% \u5e73\u5747\u627f\u92b7\u8cbb\u7387\u4e0b\u8abf\uff0c50% \u767c\u884c\u901f\u5ea6\u52a0\u5feb<\/em><\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong>\u53e6\u985e\u8cc7\u7522\uff08$379T \u623f\u5730\u7522\uff09\uff1a<\/strong>  <\/p>\n<ul>\n<li>\u8cb4\u91d1\u5c6c\uff1aPAXG \u9ec3\u91d1\u4ee3\u5e63\u5e02\u503c\u9054 $1.4B  <\/li>\n<li>\u79c1\u52df\u80a1\u6b0a\uff1aADDX \u5c07 Partners Group \u7684 $6.2B \u57fa\u91d1\u9032\u884c\u4ee3\u5e63\u5316  <\/li>\n<li>\u78b3\u4fe1\u7528\u984d\u5ea6\uff1aAirCarbon Exchange \u5c07 2,000 \u842c\u5678\u4e8c\u6c27\u5316\u78b3\u62b5\u6d88\u984d\u5ea6\u4ee3\u5e63\u5316  <\/li>\n<li><em>\u5e02\u5834\u5f71\u97ff\uff1a\u6700\u4f4e\u6295\u8cc7\u984d\u4e0b\u964d 90%+\uff0c\u6b21\u7d1a\u6d41\u52d5\u6027\u4e0a\u5347 300%<\/em><\/li>\n<\/ul>\n<\/li>\n<li>\n<p><strong>\u8b49\u5238\u878d\u8cc7\uff08$25T \u64d4\u4fdd\u54c1\u5e02\u5834\uff09\uff1a<\/strong>  <\/p>\n<ul>\n<li>\u56de\u8cfc\u5e02\u5834\uff1aEuroclear \u63a8\u51fa\u9ec3\u91d1\u4ee3\u5e63\u64d4\u4fdd\u8a66\u9ede\u8a08\u756b\uff0c\u5177\u5099 99% \u7d50\u7b97\u6548\u7387  <\/li>\n<li><em>\u5c0d\u5e02\u5834\u7684\u5f71\u97ff\uff1a\u6bcf\u5e74\u53ef\u91cb\u653e\u8d85\u904e $100B+ \u7684\u8cc7\u672c\u6548\u7387<\/em><\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<h3 id=\"the-adoption-roadblocks-why-progress-isnt-linear\">\u63a1\u7528\u904e\u7a0b\u7684\u969c\u7919\uff1a\u70ba\u4f55\u9032\u5c55\u4e26\u975e\u7dda\u6027\u7684<\/h3>\n<p>\u5118\u7ba1\u52e2\u982d\u5f37\u52c1\uff0c\u4f46\u4ecd\u9762\u81e8\u95dc\u9375\u969c\u7919\uff1a  <\/p>\n<p><strong>\u57fa\u790e\u8a2d\u65bd\u7684\u6163\u6027<\/strong>  <\/p>\n<ul>\n<li>DLT \u5c08\u6848\u4e2d\u6709 74% \u500b\u5c08\u6848\u7684\u53c3\u8207\u8005\u5c11\u65bc 6 \u4eba\uff08\u4e16\u754c\u7d93\u6fdf\u8ad6\u58c7 2025\uff09  <\/li>\n<li>\u4e00\u7d1a\u9280\u884c\u7684\u907a\u7559\u7cfb\u7d71\u6574\u5408\u6210\u672c\u8d85\u904e $15M<\/li>\n<\/ul>\n<p><strong>\u76e3\u7ba1\u788e\u7247\u5316<\/strong>  <\/p>\n<ul>\n<li>ERC-20\uff08\u52a0\u5bc6\u8ca8\u5e63\uff09\u8207 ERC-3643\uff08\u8b49\u5238\uff09\u6a19\u6e96\u4e4b\u722d  <\/li>\n<li>\u5404\u53f8\u6cd5\u7ba1\u8f44\u5340\u5728 60% \u65b9\u9762\u9075\u5b88 FATF \u65c5\u884c\u898f\u5247\u7684\u7f3a\u53e3<\/li>\n<\/ul>\n<p><strong>\u6d41\u52d5\u6027\u6096\u8ad6<\/strong>  <\/p>\n<ul>\n<li>\u5df2\u767c\u884c $15B \u4ee3\u5e63\u5316\u8cc7\u7522\uff0c\u4f46 50% \u7684\u5468\u8f49\u7387\u4f4e\u65bc $1M  <\/li>\n<li>\u89e3\u6c7a\u65b9\u6848\uff1a\u96d9\u91cd\u639b\u724c\uff08UBS \u50b5\u5238\u65bc SIX \u53ca SDX \u639b\u724c\uff0c\u63d0\u5347\u6d41\u52d5\u6027 170%\uff09<\/li>\n<\/ul>\n<h3 id=\"the-future-market-map-winners-and-new-entrants\">\u672a\u4f86\u5e02\u5834\u5730\u5716\uff1a\u8d0f\u5bb6\u8207\u65b0\u9032\u8005<\/h3>\n<p>\u4ee3\u5e63\u5316\u4e0d\u6703\u6dd8\u6c70\u4e2d\u4ecb\u6a5f\u69cb\u2014\u2014\u5b83\u5c07\u8feb\u4f7f\u4e2d\u4ecb\u6a5f\u69cb\u9032\u5316\uff1a  <\/p>\n<p><strong>\u73fe\u6709\u7cfb\u7d71\u5347\u7d1a\uff1a<\/strong>  <\/p>\n<ul>\n<li><strong>\u4fdd\u7ba1\u4eba<\/strong> \u2192 \u91cf\u5b50\u5b89\u5168\u7684\u91d1\u9470\u7ba1\u7406\u5668  <\/li>\n<li><strong>CSDs<\/strong> \u2192 \u591a\u93c8\u7d50\u7b97\u9a57\u8b49\u8005  <\/li>\n<li><strong>\u8cc7\u7522\u7ba1\u7406\u516c\u53f8<\/strong> \u2192 \u93c8\u4e0a\u6536\u76ca\u7b56\u7565\u5e2b<\/li>\n<\/ul>\n<p><strong>\u65b0\u8208\u52e2\u529b\uff1a<\/strong>  <\/p>\n<ol>\n<li><strong>\u4ee3\u5e63\u767c\u884c\u8005<\/strong> \uff08\u4f8b\u5982\uff1aSecuritize\uff09  <\/li>\n<li><strong>\u6578\u4f4d\u8cc7\u7522\u4ea4\u6613\u6240<\/strong> \uff08\u4f8b\u5982\uff0c\u6839\u64da\u6b50\u76df\u8a66\u884c\u6a5f\u5236\uff0c\u70ba 21X\uff09  <\/li>\n<li><strong>\u4e92\u901a\u6027\u670d\u52d9\u4f9b\u61c9\u5546<\/strong> \uff08\u4f8b\u5982\uff1aChainlink \u7684 CCIP\uff09<\/li>\n<\/ol>\n<h3 id=\"the-trillion-dollar-horizon\">\u5146\u7f8e\u5143\u7684\u9858\u666f<\/h3>\n<p>2025\u81f32030\u5e74\u5c07\u7531\u4e09\u5927\u5287\u8b8a\u6240\u5b9a\u7fa9\uff1a  <\/p>\n<ol>\n<li><strong>\u592e\u884c\u6578\u4f4d\u8ca8\u5e63\uff08CBDC\uff09\u7684\u7a81\u7834\uff1a<\/strong> \u6279\u767c\u578b\u6578\u4f4d\u8ca8\u5e63\uff08\u4f8b\u5982\u745e\u58eb\u570b\u9280\u884c\u7684 wCBDC\uff09\u6b63\u9010\u6f38\u6210\u70ba\u9996\u9078\u7684\u7d50\u7b97\u8cc7\u7522  <\/li>\n<li><strong>\u5408\u898f\u9769\u547d\uff1a<\/strong> ERC-5564 \u96b1\u5f62\u5730\u5740\uff0c\u5be6\u73fe\u79c1\u5bc6\u7684 KYC\/AML  <\/li>\n<li><strong>\u300a\u91cf\u5b50\u9632\u79a6\u300b\uff1a<\/strong> \u7d93 NIST \u6838\u51c6\u7684 PQC \u6f14\u7b97\u6cd5\uff0c\u7528\u65bc\u4fdd\u8b77 $50T+ \u6a19\u8a18\u5316\u503c<\/li>\n<\/ol>\n<p><strong>\u7e3d\u7d50\uff1a<\/strong> \u5148\u884c\u8005\u6b63\u638c\u63e1\u8457\u4e0d\u53ef\u9006\u8f49\u7684\u512a\u52e2\u3002\u9ed1\u77f3\u96c6\u5718\uff08BlackRock\uff09\u7684 BUIDL \u8ca1\u8cc7\u57fa\u91d1\u5728 5 \u500b\u6708\u5167\u7ba1\u7406\u8cc7\u7522\u898f\u6a21\uff08AUM\uff09\u9054\u5230 $2B\u3002\u9999\u6e2f\u8a08\u5283\u5728 2026 \u5e74\u524d\u5c07 100% \u7684\u653f\u5e9c\u50b5\u5238\u4ee3\u5e63\u5316\u3002\u554f\u984c\u4e0d\u5728\u65bc <em>\u5982\u679c<\/em> \u4ee3\u5e63\u5316\u6b63\u5728\u91cd\u5851\u91d1\u878d\u696d\u2014\u2014\u95dc\u9375\u5728\u65bc\uff0c\u5728 $16T \u7684\u5546\u6a5f\u6f14\u8b8a\u70ba\u300c\u8d0f\u5bb6\u901a\u5403\u300d\u7684\u5e02\u5834\u4e4b\u524d\uff0c\u8cb4\u7d44\u7e54\u80fd\u4ee5\u591a\u5feb\u7684\u901f\u5ea6\u9069\u61c9\u9019\u9805\u8b8a\u9769\u3002  <\/p>\n<blockquote>\n<p><em>\u300c\u4ee3\u5e63\u5316\u4e26\u975e\u65e8\u5728\u53d6\u4ee3\u73fe\u6709\u7cfb\u7d71\u2014\u2014\u800c\u662f\u8981\u5efa\u7acb\u4e00\u5957\u5168\u65b0\u7684\u91d1\u878d\u795e\u7d93\u7cfb\u7d71\uff0c\u8b93\u50f9\u503c\u80fd\u4ee5\u7db2\u901f\u6d41\u52d5\u3002\u300d<\/em> \u2013 \u4e16\u754c\u7d93\u6fdf\u8ad6\u58c7\uff0c\u300a\u8cc7\u7522\u4ee3\u5e63\u5316\u5831\u544a\u300b\uff082025\uff09<\/p>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>The $16 Trillion Opportunity: How Tokenization Is Rewiring Global Finance Imagine a world where: A Tokyo pension fund instantly uses tokenized gold as collateral for a London repo transaction A retail investor buys fractional shares in a Manhattan skyscraper for $50 Bond settlements finalize in seconds 24\/7, not T+2 This isn&#39;t science fiction \u2013 it&#39;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-3564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts\/3564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/comments?post=3564"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts\/3564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/media\/3563"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/media?parent=3564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/categories?post=3564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/tags?post=3564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}