{"id":226,"date":"2026-01-29T07:24:01","date_gmt":"2026-01-28T23:24:01","guid":{"rendered":"http:\/\/okx.biquan123.com\/blog\/?p=226"},"modified":"2026-01-29T09:07:24","modified_gmt":"2026-01-29T01:07:24","slug":"%e6%88%91%e4%bb%ac%e5%9c%a8%e5%b8%82%e5%9c%ba%e4%b8%8a%e7%9c%8b%e5%88%b0%e4%ba%86%e4%bb%80%e4%b9%88%ef%bc%9a%e7%89%9b%e5%b8%82%e5%9b%9e%e5%bd%92%e4%ba%86%e5%90%97%ef%bc%9f","status":"publish","type":"post","link":"http:\/\/okx.biquan123.com\/blog\/?p=226","title":{"rendered":"\u6211\u4eec\u5728\u5e02\u573a\u4e0a\u770b\u5230\u4e86\u4ec0\u4e48\uff1a\u725b\u5e02\u56de\u5f52\u4e86\u5417\uff1f"},"content":{"rendered":"<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"\u673a\u6784\u7814\u7a76\u5408\u4f5c\u4f19\u4f34 - \u574e\u4f2f\u5170\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/5C0CO08zAQz3eVqXWVQ1Uq\/9e154af21158f54a94391c572a0a40ab\/Institutional_Research_Partner_-_Cumberland.png?x-oss-process=image\/resize,w_1600,h_844\/format,webp\" alt=\"\u673a\u6784\u7814\u7a76\u5408\u4f5c\u4f19\u4f34 - \u574e\u4f2f\u5170\" width=\"1600\" height=\"844\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u6211\u4eec\u5c06\u5206\u4eab\u6765\u81ea\u9886\u5148\u673a\u6784\u7814\u7a76\u4eba\u5458\u7684\u89c1\u89e3\uff0c\u8ba9\u60a8\u968f\u65f6\u4e86\u89e3\u6700\u65b0\u7684\u52a0\u5bc6\u7814\u7a76\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u5728\u672c\u671f\u4e2d\uff0c\u6211\u4eec\u5206\u4eab\u4e86<\/span><\/i><a class=\"academy academy-powerLink-a11y academy-powerLink\" href=\"https:\/\/www.cumberland.io\/updates\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span dir=\"auto\">\u574e\u4f2f\u5170<\/span><\/i><\/a><i><span dir=\"auto\">\u5bf9\u5e02\u573a\u7684\u770b\u6cd5\uff1a<\/span><\/i><i><span dir=\"auto\">\u968f\u7740 ETH \u98d9\u5347 36%\uff0c\u6bd4\u7279\u5e01\u7a81\u7834 10 \u4e07\u7f8e\u5143\uff0c\u8fd9\u610f\u5473\u7740\u5e02\u573a\u53ef\u80fd\u56de\u5f52 2021 \u5e74\u5f0f\u7684\u9ad8\u8d1d\u5854\u5e02\u573a\u52a8\u6001\uff0c\u800c\u7a33\u5b9a\u5e01\u57fa\u7840\u8bbe\u65bd\u5c06\u5728 Meta \u548c Stripe \u516c\u544a\u7684\u63a8\u52a8\u4e0b\u6269\u5c55\u3002<\/span><\/i><\/p>\n<p><span dir=\"auto\">\u574e\u4f2f\u5170\u4e9a\u592a\u533a\u795d\u60a8\u65e9\u5b89\uff0c\u5468\u4e00\u6109\u5feb\uff01\u4e0a\u5468\u5bf9\u52a0\u5bc6\u8d27\u5e01\u6765\u8bf4\u610f\u4e49\u91cd\u5927\uff0c\u65e0\u8bba\u4ece\u4ef7\u683c\u8fd8\u662f\u6574\u4f53\u6765\u770b\u90fd\u662f\u5982\u6b64\u3002\u4ef7\u683c\u8d70\u52bf\u9887\u5177\u770b\u70b9\uff0c\u67d0\u79cd\u7a0b\u5ea6\u4e0a\u611f\u89c9\u50cf\u662f\u56de\u5230\u4e862021\u5e74\u3002\u6700\u521d\u7684\u52a8\u80fd\u6765\u81ea\u5b8f\u89c2\u9886\u57df\uff0c\u5728\u79ef\u6781\u7684\u8d38\u6613\u53d1\u5c55\u63a8\u52a8\u4e0b\uff0c\u80a1\u5e02\u5927\u591a\u5df2\u4ece4\u6708\u4efd\u7684\u4f4e\u8ff7\u4e2d\u6062\u590d\u8fc7\u6765\u3002BTC\u4e00\u76f4\u5904\u4e8e\u4e00\u79cd\u4e24\u96be\u5883\u5730\uff1a\u9ec4\u91d1\u57284\u6708\u4efd\u8868\u73b0\u4eae\u773c\uff0c\u800c\u80a1\u5e02\u5219\u8ba9\u6bd4\u7279\u5e01\u7231\u597d\u8005\u4eec\u610f\u8bc6\u5230\uff0cBTC\u4ecd\u7136\u662f\u4e00\u79cd\u98ce\u9669\u8d44\u4ea7\u3002\u5b8f\u89c2\u9006\u98ce\u7684\u7f13\u89e3\u4f7fBTC\u56de\u5347\u81f39\u4e07\u7f8e\u5143\u7684\u9ad8\u4f4d\uff0c\u5e76\u5728\u5468\u56db\u5b9e\u73b0\u7a81\u7834\uff0c\u7a81\u7834\u4e8610.3\u4e07\u7f8e\u5143\uff0c\u6b64\u540e\u518d\u672a\u51fa\u73b0\u56de\u843d\u3002<\/span><\/p>\n<p><span dir=\"auto\">\u6709\u8da3\u7684\u662f\uff0c\u8fd9\u5f15\u53d1\u4e86 ETH \u7684\u4f18\u5f02\u8868\u73b0\u3002\u5728 2021 \u5e74\u7684\u725b\u5e02\u4e2d\uff0c\u6211\u4eec\u901a\u5e38\u4f1a\u770b\u5230\u5c71\u5be8\u5e01\u5728\u4e0a\u6da8\u884c\u60c5\u4e2d\u8868\u73b0\u5f97\u50cf\u9ad8\u8d1d\u5854\u8d44\u4ea7\uff0c\u4f46\u5728 2024 \u5e74\uff0c\u60c5\u51b5\u5e76\u975e\u5982\u6b64\uff0c\u5c71\u5be8\u5e01\u5728\u4e0a\u6da8\u884c\u60c5\u4e2d\u8868\u73b0\u4e0d\u4f73\u3002\u8fd9\u5bfc\u81f4 ETH \u6210\u4e3a\u672c\u8f6e\u5468\u671f\u4e2d\u6700\u4e0d\u53d7\u6b22\u8fce\u7684\u8d44\u4ea7\u4e4b\u4e00\uff0c\u8fd9\u6216\u8bb8\u4e5f\u662f\u4e0a\u5468\u5bf9\u5176\u5b58\u5728\u5927\u91cf\u7a7a\u5934\u5934\u5bf8\u7684\u539f\u56e0\u3002BTC \u7684\u5f3a\u52bf\u5c06 ETH \u63a8\u9ad8\u81f3 2200 \u7f8e\u5143\uff0c\u6b64\u540e\u52a0\u901f\u4e0a\u6da8\uff1b\u8fc7\u53bb\u4e00\u5468\uff0cETH \u4e0a\u6da8\u4e86\u60ca\u4eba\u7684 36%\uff0c\u800c BTC \u4e0a\u6da8\u4e86 8%\uff0c\u8fd9\u662f\u81ea 2021 \u5e74 5 \u6708\u4ee5\u6765\u7684\u6700\u5927\u5355\u5468\u6da8\u5e45\u3002\u4ec5\u7528\u4e24\u5929\u65f6\u95f4\uff0cETHBTC \u5c31\u62b9\u5e73\u4e86 3 \u6708\u4efd\u7684\u8dcc\u5e45\uff08\u4e4b\u540e\u6574\u4e2a 4 \u6708\u4efd\uff0cETH \u4e00\u76f4\u6a2a\u76d8\u6574\u7406\uff0c\u6beb\u65e0\u4eae\u70b9\uff09\u3002ETHBTC \u4e0a\u4e00\u6b21\u51fa\u73b0\u8fd9\u79cd\u8d70\u52bf\u662f\u5728\u5408\u5e76\u4e4b\u540e\u3002<\/span><\/p>\n<p><span dir=\"auto\">\u8fd9\u8ba9\u5e02\u573a\u5904\u4e8e\u4e00\u4e2a\u6709\u8da3\u7684\u5883\u5730\u3002\u8fd9\u6b21\u53cd\u5f39\u53ef\u80fd\u53ea\u662f ETH \u7279\u6709\u7684\uff08\u6709\u4eba\u53ef\u80fd\u4f1a\u8bf4\u8fd9\u662f\u7531 Pectra \u5347\u7ea7\u63a8\u52a8\u7684\uff0c\u5c3d\u7ba1\u8fd9\u4f3c\u4e4e\u5e76\u4e0d\u662f\u771f\u6b63\u7684\u9a71\u52a8\u56e0\u7d20\uff09\u3002\u4f46\u662f\uff0c\u5982\u679c\u5b83\u56de\u5f52\u5230 2021 \u5e74\u7684\u9ad8 Beta \u52a8\u6001\uff0c\u90a3\u4e48\u672c\u5468\u53ef\u80fd\u4f1a\u5f88\u6709\u8da3\u3002\u5728 2021 \u5e74\u65f6\u671f\uff0cBTC \u53cd\u5f39\u5c06\u5bfc\u81f4 ETH \u53cd\u5f39\uff0c\u7136\u540e\uff0c\u5982\u679c\u4e3b\u8981\u8d27\u5e01\u7684\u4ef7\u683c\u4fdd\u6301\u4e0d\u53d8\uff0c\u5c71\u5be8\u5e01\u5c06\u5927\u5e45\u8ffd\u8d76\uff0c\u7136\u540e\u901a\u5e38\u4f1a\u52a0\u901f\u8d85\u8fc7\u3002\u540c\u6837\uff0c\u8fd9\u4e0d\u662f\u53bb\u5e74\u7684\u8303\u5f0f\uff0c\u5c71\u5be8\u5e01\u4f3c\u4e4e\u786e\u5b9e\u4e0d\u613f\u610f\u5728\u8fd9\u91cc\u53cd\u5f39\u3002\u81ea 5 \u6708\u521d\u4ee5\u6765\uff0cETH \u662f L1 \u4e2d\u8868\u73b0\u6700\u597d\u7684\uff1b\u5927\u591a\u6570\u5c71\u5be8 L1 \u7684\u6da8\u5e45\u90fd\u5728 10-25% \u4e4b\u95f4\u3002SOL \u672c\u6708\u4e0a\u6da8\u4e86 15%\uff0c\u53ef\u80fd\u662f\u5e02\u573a\u662f\u5426\u4f1a\u6062\u590d Beta \u52a8\u6001\u7684\u6700\u4f73\u6307\u6807\uff1b\u5982\u679c\u672c\u5468\u5b83\u80fd\u5f15\u8d77\u4eba\u4eec\u7684\u5174\u8da3\uff0c\u90a3\u4e48\u5b83\u53ef\u80fd\u4f1a\u8513\u5ef6\u5230 L1 \u9886\u57df\u7684\u5176\u4ed6\u90e8\u5206\u3002<\/span><\/p>\n<ul>\n<li><span dir=\"auto\">\u4e5f\u6709\u5934\u6761\u65b0\u95fb\uff0c\u4f46\u4e3b\u8981\u96c6\u4e2d\u5728\u4e0e\u4ef7\u683c\u5173\u8054\u6027\u6700\u4f4e\u7684\u9886\u57df\uff1a\u7a33\u5b9a\u5e01\u9886\u57df\u3002\u7a33\u5b9a\u5e01\u662f\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u4e2d\u5c11\u6570\u51e0\u4e2a\u771f\u6b63\u627e\u5230\u4ea7\u54c1\u4e0e\u5e02\u573a\u5951\u5408\u5ea6\u7684\u9886\u57df\u4e4b\u4e00\uff0c\u56e0\u6b64\u6211\u4eec\u8ba4\u4e3a\u8fd9\u662f\u57fa\u7840\u8bbe\u65bd\u53ef\u6301\u7eed\u589e\u957f\u7684\u5173\u952e\u9886\u57df\u4e4b\u4e00\uff0c\u5c3d\u7ba1\u7a33\u5b9a\u5e01\u7684\u5934\u6761\u65b0\u95fb\u901a\u5e38\u4e0d\u4f1a\u5bf9\u77ed\u671f\u4ef7\u683c\u4ea7\u751f\u5f71\u54cd\u3002<\/span><\/li>\n<li><span dir=\"auto\">Meta \u5ba3\u5e03\u6b63\u5728\u63a2\u7d22\u7a33\u5b9a\u5e01\u6574\u5408\u3002<\/span><\/li>\n<li><span dir=\"auto\">Stripe \u5728 100 \u591a\u4e2a\u56fd\u5bb6\/\u5730\u533a\u63a8\u51fa\u4e86\u7a33\u5b9a\u5e01\u8d44\u52a9\u8d26\u6237\uff1b\u5176\u65b0\u529f\u80fd\u4e0d\u4ec5\u5141\u8bb8\u6536\u6b3e\u548c\u4ed8\u6b3e\uff0c\u8fd8\u5141\u8bb8\u5546\u5bb6\u6301\u6709\u7a33\u5b9a\u5e01<\/span><\/li>\n<li><span dir=\"auto\">Ramp \u63a8\u51fa\u4e86\u4e00\u7cfb\u5217\u7531\u7a33\u5b9a\u5e01\u9a71\u52a8\u7684\u5361<\/span><\/li>\n<li><span dir=\"auto\">\u8d1f\u9762\u6d88\u606f\u662f\uff0c\u7a33\u5b9a\u5e01 GENIUS \u6cd5\u6848\u5728\u53c2\u8bae\u9662\u9996\u6b21\u6295\u7968\u4e2d\u5931\u8d25\uff0c\u8fa9\u8bba\u4e8e\u5468\u4e00\u6062\u590d\u3002<\/span><\/li>\n<\/ul>\n<p><span dir=\"auto\">\u672c\u5468\u6301\u7eed\u6ce2\u52a8\u5e76\u4e0d\u4ee4\u4eba\u610f\u5916\u3002\u5b8f\u89c2\u7ecf\u6d4e\u4e0d\u592a\u53ef\u80fd\u5e73\u9759\u4e0b\u6765\uff0c\u8d38\u6613\u534f\u8bae\u7684\u6d88\u606f\u9646\u7eed\u4f20\u51fa\u3002\u5982\u4e0a\u6240\u8ff0\uff0cBTC \u7684\u4ea4\u6613\u4f3c\u4e4e\u7565\u4f4e\u4e8e\u5176\u5386\u53f2\u9ad8\u70b9\u3002\u4e0b\u5468\u5c06\u8fce\u6765 Solana \u548c Avalanche \u7684\u7cbe\u5f69\u6d3b\u52a8\uff0c\u968f\u540e\u662f Bitcoin Vegas\uff0c\u5c4a\u65f6 JD Vance \u548c David Sacks \u5c06\u53d1\u8868\u6f14\u8bb2\u3002\u6709\u8da3\u7684\u662f\uff0c\u7531\u4e8e 4 \u6708\u4efd\u7684\u5b9e\u9645\u6ce2\u52a8\u7387\u8f83\u4f4e\uff0cBTC \u7684\u4e0a\u884c\u6ce2\u52a8\u7387\u4ecd\u7136\u76f8\u5f53\u4f4e\u5ec9\uff0c\u540e\u7aef\u6ce2\u52a8\u7387\u4e5f\u51e0\u4e4e\u6ca1\u6709\u53d8\u52a8\uff08BTC 9 \u6708\u81f3 12 \u6708\u7684\u6ce2\u52a8\u7387\u4e0a\u6da8\u4e0d\u5230 1 \u500d\uff09\u3002\u603b\u4f53\u800c\u8a00\uff0cBTC \u7684\u9690\u542b\u6ce2\u52a8\u7387\u5b9e\u9645\u4e0a\u76f8\u5f53\u63a5\u8fd1\u5176\u5386\u53f2\u4f4e\u70b9\uff0c\u5982\u679c BTC \u7a81\u7834\u5176\u5386\u53f2\u9ad8\u70b9\uff0c\u8fd9\u79cd\u4f4e\u70b9\u51e0\u4e4e\u80af\u5b9a\u4e0d\u4f1a\u6301\u7eed\u3002<\/span><\/p>\n<p><span dir=\"auto\">\u795d\u60a8\u4ea4\u6613\u6109\u5feb\uff01<\/span><\/p>\n<h3><span dir=\"auto\">\u514d\u8d23\u58f0\u660e<\/span><\/h3>\n<p><i><span dir=\"auto\">Cumberland DRW LLC \u53ca\u5176\u9644\u5c5e\u516c\u53f8\u6216\u76f8\u5173\u516c\u53f8\uff08\u7edf\u79f0\u201cCumberland\u201d\uff09\u5728\u672c\u6587\u6863\u6216\u5176\u4ed6\u6587\u4ef6\u4e2d\u63d0\u4f9b\u7684\u4fe1\u606f\uff08\u7b80\u79f0\u201c\u4fe1\u606f\u201d\uff09\u4ec5\u4f9b\u53c2\u8003\uff0c\u4e14\u514d\u8d39\u63d0\u4f9b\u3002Cumberland \u662f\u4e00\u5bb6\u81ea\u8425\u8d38\u6613\u516c\u53f8\uff1b\u5176\u5e76\u975e\u4e14\u4e0d\u4f1a\u4ee5\u53d7\u6258\u4eba\u6216\u987e\u95ee\u6216\u4efb\u4f55\u7c7b\u4f3c\u8eab\u4efd\u63d0\u4f9b\u4fe1\u606f\uff0c\u4e14\u4e0d\u5f97\u5c06\u4fe1\u606f\u89c6\u4e3a\u6295\u8d44\u3001\u8d22\u52a1\u3001\u6cd5\u5f8b\u3001\u7a0e\u52a1\u3001\u76d1\u7ba1\u6216\u4efb\u4f55\u5176\u4ed6\u7c7b\u578b\u7684\u5efa\u8bae\u3002\u4fe1\u606f\u5e76\u975e\u4e3a\u89e3\u51b3\u6216\u9002\u5e94\u4efb\u4f55\u4eba\u7684\u7279\u5b9a\u8d22\u52a1\u9700\u6c42\u3001\u60c5\u51b5\u6216\u8981\u6c42\u800c\u51c6\u5907\u6216\u5b9a\u5236\uff0c\u4e14\u53ef\u80fd\u4e0d\u9002\u7528\u4e8e\u4efb\u4f55\u4eba\u7684\u7279\u5b9a\u8d22\u52a1\u9700\u6c42\u3001\u60c5\u51b5\u6216\u8981\u6c42\uff0c\u56e0\u6b64\u4e0d\u5e94\u4f5c\u4e3a\u505a\u51fa\u4efb\u4f55\u6295\u8d44\u6216\u4ea4\u6613\u51b3\u7b56\u7684\u4f9d\u636e\u3002\u4fe1\u606f\u5e76\u975e\u5bf9\u53c2\u4e0e\u4efb\u4f55\u4ea4\u6613\u7684\u5efa\u8bae\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u5982\u679c\u4efb\u4f55\u4eba\u9009\u62e9\u4e0e Cumberland \u8fdb\u884c\u4ea4\u6613\uff0c\u65e0\u8bba\u662f\u7531\u4e8e\u672c\u4fe1\u606f\u8fd8\u662f\u5176\u4ed6\u539f\u56e0\uff0cCumberland \u5c06\u4ec5\u4f5c\u4e3a\u59d4\u6258\u4eba\u8fdb\u884c\u6b64\u7c7b\u4ea4\u6613\uff0c\u5e76\u5c06\u4ec5\u4ee5\u81ea\u8eab\u6700\u4f73\u5229\u76ca\u884c\u4e8b\uff0c\u8fd9\u53ef\u80fd\u4e0d\u5229\u4e8e\u8be5\u4eba\u7684\u5229\u76ca\u3002\u5728\u8fdb\u884c\u4efb\u4f55\u6b64\u7c7b\u4ea4\u6613\u4e4b\u524d\uff0c\u60a8\u5e94\u8be5\u81ea\u884c\u7814\u7a76\u5e76\u83b7\u53d6\u5efa\u8bae\uff0c\u4ee5\u786e\u5b9a\u8be5\u4ea4\u6613\u662f\u5426\u9002\u5408\u60a8\u7684\u5177\u4f53\u60c5\u51b5\u3002\u6b64\u5916\uff0c\u4efb\u4f55\u5e0c\u671b\u4e0e Cumberland \u8fdb\u884c\u4ea4\u6613\u7684\u4eba\u90fd\u5fc5\u987b\u6ee1\u8db3 Cumberland \u7684\u8d44\u683c\u8981\u6c42\u3002Cumberland \u53ef\u80fd\u4f1a\u56e0\u63d0\u4f9b\u672c\u4fe1\u606f\u800c\u9762\u4e34\u67d0\u4e9b\u5229\u76ca\u51b2\u7a81\u3002\u4f8b\u5982\uff0cCumberland \u53ef\u80fd\uff08\u4f46\u4e0d\u4e00\u5b9a\uff09\u6301\u6709\u6216\u63a7\u5236\u672c\u4fe1\u606f\u4e2d\u8ba8\u8bba\u7684\u52a0\u5bc6\u8d44\u4ea7\u7684\u5934\u5bf8\uff0c\u5e76\u4e14 Cumberland \u8fdb\u884c\u7684\u4ea4\u6613\u53ef\u80fd\u4f1a\u4ee5\u5bf9 Cumberland \u4ea4\u6613\u5bf9\u624b\u4e0d\u5229\u7684\u65b9\u5f0f\u5f71\u54cd\u76f8\u5173\u5e02\u573a\u3002Cumberland \u53ef\u80fd\u4f1a\u4ee5\u4e0e\u672c\u4fe1\u606f\u4e2d\u8868\u8fbe\u7684\u89c2\u70b9\u4e0d\u4e00\u81f4\u7684\u65b9\u5f0f\u4ece\u4e8b\u4ea4\u6613\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u574e\u4f2f\u5170\u516c\u53f8\u4e0d\u5c31\u8be5\u4fe1\u606f\u7684\u51c6\u786e\u6027\u3001\u5145\u5206\u6027\u3001\u53ca\u65f6\u6027\u6216\u5b8c\u6574\u6027\u4f5c\u51fa\u4efb\u4f55\u660e\u793a\u6216\u6697\u793a\u7684\u9648\u8ff0\u6216\u4fdd\u8bc1\uff0c\u4ea6\u4e0d\u627f\u62c5\u4efb\u4f55\u8d23\u4efb\u6216\u4e49\u52a1\uff0c\u4ea6\u4e0d\u4fdd\u8bc1\u6216\u6697\u793a\u8be5\u4fe1\u606f\u5c06\u4fdd\u6301\u4e0d\u53d8\u3002\u574e\u4f2f\u5170\u516c\u53f8\u4e0d\u627f\u62c5\u4fee\u6539\u3001\u66f4\u6b63\u3001\u66f4\u65b0\u6216\u4ee5\u5176\u4ed6\u65b9\u5f0f\u8865\u5145\u8be5\u4fe1\u606f\u7684\u4e49\u52a1\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u865a\u62df\u8d27\u5e01\u884c\u4e1a\u9762\u4e34\u4e00\u7cfb\u5217\u98ce\u9669\uff0c\u5305\u62ec\u4f46\u4e0d\u9650\u4e8e\uff1a\u4ef7\u683c\u6ce2\u52a8\u3001\u6d41\u52a8\u6027\u6709\u9650\u3001\u67d0\u4e9b\u5de5\u5177\u3001\u4ea7\u54c1\u6216\u52a0\u5bc6\u8d44\u4ea7\u7684\u4fe1\u606f\u6709\u9650\u4e14\u4e0d\u5b8c\u6574\uff0c\u4ee5\u53ca\u4ecd\u5728\u4e0d\u65ad\u6d8c\u73b0\u548c\u6f14\u53d8\u7684\u76d1\u7ba1\u73af\u5883\u3002\u672c\u4fe1\u606f\u4e2d\u63d0\u53ca\u7684\u4efb\u4f55\u5de5\u5177\u3001\u4ea7\u54c1\u6216\u52a0\u5bc6\u8d44\u4ea7\u7684\u8fc7\u5f80\u8868\u73b0\u5747\u4e0d\u6784\u6210\u672a\u6765\u8868\u73b0\u7684\u53c2\u8003\uff0c\u4ea6\u975e\u672a\u6765\u7ed3\u679c\u6216\u4e1a\u7ee9\u7684\u53ef\u9760\u6307\u6807\u3002\u6295\u8d44\u865a\u62df\u8d27\u5e01\u6d89\u53ca\u91cd\u5927\u98ce\u9669\uff0c\u4e0d\u9002\u5408\u8bb8\u591a\u6295\u8d44\u8005\uff0c\u5305\u62ec\u7f3a\u4e4f\u4e30\u5bcc\u6295\u8d44\u7ecf\u9a8c\u548c\u627f\u62c5\u91cd\u5927\u98ce\u9669\u80fd\u529b\u7684\u6295\u8d44\u8005\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">Cumberland SG Pte. Ltd. \u5df2\u83b7\u5f97\u65b0\u52a0\u5761\u91d1\u878d\u7ba1\u7406\u5c40 (\u201cMAS\u201d) \u7684\u8c41\u514d\uff0c\u65e0\u9700\u6301\u6709\u63d0\u4f9b\u6570\u5b57\u652f\u4ed8\u4ee3\u5e01 (\u201cDPT\u201d) \u670d\u52a1\u7684\u8bb8\u53ef\u8bc1\u3002\u8bf7\u6ce8\u610f\uff0c\u5982\u679c DPT \u670d\u52a1\u63d0\u4f9b\u5546\u7684\u4e1a\u52a1\u5931\u8d25\uff0c\u60a8\u53ef\u80fd\u65e0\u6cd5\u6536\u56de\u60a8\u652f\u4ed8\u7ed9 DPT \u670d\u52a1\u63d0\u4f9b\u5546\u7684\u6240\u6709\u6b3e\u9879\u6216 DPT\u3002\u5982\u679c\u60a8\u4e0d\u719f\u6089 DPT\uff0c\u5219\u4e0d\u5e94\u8fdb\u884c DPT \u4ea4\u6613\u3002\u8fd9\u5305\u62ec DPT \u7684\u521b\u5efa\u65b9\u5f0f\uff0c\u4ee5\u53ca\u60a8\u6253\u7b97\u4ea4\u6613\u7684 DPT \u5982\u4f55\u7531\u60a8\u7684 DPT \u670d\u52a1\u63d0\u4f9b\u5546\u8f6c\u79fb\u6216\u6301\u6709\u3002\u60a8\u5e94\u8be5\u77e5\u9053\uff0cDPT \u7684\u4ef7\u503c\u53ef\u80fd\u4f1a\u5927\u5e45\u6ce2\u52a8\u3002\u53ea\u6709\u5f53\u60a8\u51c6\u5907\u597d\u63a5\u53d7\u635f\u5931\u6240\u6709\u6295\u5165\u6b64\u7c7b\u4ee3\u5e01\u7684\u8d44\u91d1\u7684\u98ce\u9669\u65f6\uff0c\u624d\u5e94\u8be5\u8d2d\u4e70 DPT\u3002\u60a8\u5e94\u8be5\u77e5\u9053\uff0c\u4f5c\u4e3a\u63d0\u4f9b DPT \u670d\u52a1\u7684\u8bb8\u53ef\u8bc1\u7684\u4e00\u90e8\u5206\uff0c\u60a8\u7684 DPT \u670d\u52a1\u63d0\u4f9b\u5546\u53ef\u80fd\u4f1a\u63d0\u4f9b\u4e0e DPT \u76f8\u5173\u7684\u670d\u52a1\uff0c\u8fd9\u4e9b DPT \u88ab\u5ba3\u4f20\u4e3a\u5177\u6709\u7a33\u5b9a\u7684\u4ef7\u503c\uff0c\u901a\u5e38\u79f0\u4e3a\u201c\u7a33\u5b9a\u5e01\u201d\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">Cumberland DRW LLC \u5728\u672c\u6587\u4ef6\u4e2d\u63d0\u4f9b\u7684\u4fe1\u606f\u4ec5\u4f9b\u53c2\u8003\uff0c\u5e76\u4e0d\u4e00\u5b9a\u4ee3\u8868 OKX \u7684\u89c2\u70b9\u3002\u8fd9\u4e9b\u7b2c\u4e09\u65b9\u53d1\u5e03\u7684\u4efb\u4f55\u5176\u4ed6\u514d\u8d23\u58f0\u660e\u4e5f\u9002\u7528\uff0c\u5e76\u5e94\u89c6\u4e3a\u672c\u6587\u4ef6\u7684\u4e00\u90e8\u5206\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u672c\u62a5\u544a\u5e76\u975e\u8d22\u52a1\u5efa\u8bae\u3001\u6295\u8d44\u63a8\u8350\u6216\u5bf9\u7279\u5b9a\u4ea4\u6613\u7b56\u7565\u7684\u8ba4\u53ef\u3002\u672c\u62a5\u544a\u7684\u5185\u5bb9\uff08\u5305\u62ec\u4f46\u4e0d\u9650\u4e8e\u4efb\u4f55\u56fe\u8868\u3001\u56fe\u8868\u548c\u6570\u503c\u6570\u636e\uff09\u5747\u6309\u201c\u539f\u6837\u201d\u63d0\u4f9b\uff0c\u4e0d\u9644\u5e26\u4efb\u4f55\u660e\u793a\u6216\u6697\u793a\u7684\u4fdd\u8bc1\u3002\u514d\u8d23\u58f0\u660e\u5305\u62ec\u4f46\u4e0d\u9650\u4e8e\u6027\u80fd\u3001\u9002\u9500\u6027\u3001\u7279\u5b9a\u7528\u9014\u7684\u9002\u7528\u6027\u3001\u51c6\u786e\u6027\u3001\u9057\u6f0f\u3001\u5b8c\u6574\u6027\u3001\u65f6\u6548\u6027\u548c\u5ef6\u8fdf\u6027\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u6ce2\u52a8\u5267\u70c8\u4e14\u96be\u4ee5\u9884\u6d4b\uff0c\u5b58\u5728\u5de8\u5927\u7684\u5e02\u573a\u98ce\u9669\uff0c\u5305\u62ec\u4ef7\u683c\u5927\u5e45\u6ce2\u52a8\u3002\u672c\u62a5\u544a\u6240\u542b\u7b56\u7565\u3001\u89c2\u70b9\u548c\u5206\u6790\u5747\u57fa\u4e8e\u64b0\u5199\u65f6\u53ef\u7528\u7684\u4fe1\u606f\uff0c\u5982\u6709\u53d8\u66f4\uff0c\u6055\u4e0d\u53e6\u884c\u901a\u77e5\u3002\u6b64\u5916\uff0c\u672c\u62a5\u544a\u8fd8\u57fa\u4e8e\u67d0\u4e9b\u5047\u8bbe\u548c\u5386\u53f2\u6570\u636e\uff0c\u8fd9\u4e9b\u6570\u636e\u5728\u672a\u6765\u53ef\u80fd\u4e0d\u518d\u51c6\u786e\u6216\u9002\u7528\u3002\u56e0\u6b64\uff0c\u4f9d\u8d56\u672c\u62a5\u544a\u8fdb\u884c\u6295\u8d44\u51b3\u7b56\u7684\u98ce\u9669\u7531\u60a8\u81ea\u884c\u627f\u62c5\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u8fc7\u5f80\u8868\u73b0\u5e76\u4e0d\u4ee3\u8868\u672a\u6765\u4e1a\u7ee9\u3002\u5c3d\u7ba1\u6211\u4eec\u529b\u6c42\u63d0\u4f9b\u51c6\u786e\u53ca\u65f6\u7684\u4fe1\u606f\uff0c\u4f46\u6211\u4eec\u65e0\u6cd5\u4fdd\u8bc1\u672c\u62a5\u544a\u6240\u542b\u4efb\u4f55\u6570\u636e\u6216\u4fe1\u606f\u7684\u51c6\u786e\u6027\u6216\u5b8c\u6574\u6027\u3002\u5bf9\u4e8e\u56e0\u4f7f\u7528\u672c\u62a5\u544a\u800c\u9020\u6210\u7684\u4efb\u4f55\u635f\u5931\u6216\u635f\u5bb3\uff0c\u5305\u62ec\u4f46\u4e0d\u9650\u4e8e\u5229\u6da6\u635f\u5931\u6216\u6295\u8d44\u635f\u5931\uff0c\u6211\u4eec\u6982\u4e0d\u8d1f\u8d23\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u6295\u8d44\u8005\u5728\u505a\u51fa\u4efb\u4f55\u6295\u8d44\u51b3\u7b56\u524d\uff0c\u5e94\u81ea\u884c\u7814\u7a76\u5e76\u54a8\u8be2\u5408\u683c\u7684\u8d22\u52a1\u987e\u95ee\u3002OKX \u7eb3\u5165\u7684\u4efb\u4f55\u7279\u5b9a\u52a0\u5bc6\u8d27\u5e01\u6216\u4ea4\u6613\u7b56\u7565\u5e76\u4e0d\u6784\u6210\u5176\u8ba4\u53ef\u6216\u63a8\u8350\u3002\u7ebd\u7ea6\u5dde\u574e\u4f2f\u5170 (Cumberland) \u5df2\u83b7\u5f97\u7ebd\u7ea6\u5dde\u91d1\u878d\u670d\u52a1\u90e8 (NYSFS) \u9881\u53d1\u7684\u4ece\u4e8b\u865a\u62df\u8d27\u5e01\u4e1a\u52a1\u6d3b\u52a8\u7684\u8bb8\u53ef\u3002\u4ee5\u4e0b\u662f\u574e\u4f2f\u5170 (Cumberland) \u7f51\u7ad9\u4e0a\u62ab\u9732\u4fe1\u606f\u7684\u94fe\u63a5\uff1ahttps:\/\/cumberland.io\/compliance\/disclosures<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u539f\u5219\u6027\u6279\u51c6 (IPA) \u4f53\u73b0\u4e86\u65b0\u52a0\u5761\u91d1\u878d\u7ba1\u7406\u5c40 (MAS) \u7684\u89c2\u70b9\uff0c\u5373\u5728\u6ee1\u8db3\u7279\u5b9a\u6761\u4ef6\u4e14\u4e0d\u5b58\u5728\u5bf9\u7533\u8bf7\u4eba\u4ea7\u751f\u91cd\u5927\u4e0d\u5229\u5f71\u54cd\u7684\u60c5\u51b5\u4e0b\uff0cMAS \u53ef\u5411\u7533\u8bf7\u4eba\u9881\u53d1\u724c\u7167\u3002IPA \u5728\u8be5\u9636\u6bb5\u4e0d\u6784\u6210\u724c\u7167\u3002MAS \u4fdd\u7559\u5728\u5176\u8ba4\u4e3a\u9002\u5f53\u7684\u60c5\u51b5\u4e0b\u64a4\u9500 IPA \u7684\u6743\u5229\u3002<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6211\u4eec\u5c06\u5206\u4eab\u6765\u81ea\u9886\u5148\u673a\u6784\u7814\u7a76\u4eba\u5458\u7684\u89c1\u89e3\uff0c\u8ba9\u60a8\u968f\u65f6\u4e86\u89e3\u6700\u65b0\u7684\u52a0\u5bc6\u7814\u7a76\u3002 \u5728\u672c\u671f\u4e2d\uff0c\u6211\u4eec\u5206\u4eab\u4e86\u574e\u4f2f\u5170\u5bf9\u5e02\u573a\u7684\u770b\u6cd5\uff1a\u968f&hellip; <a class=\"more-link\" href=\"http:\/\/okx.biquan123.com\/blog\/?p=226\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">\u6211\u4eec\u5728\u5e02\u573a\u4e0a\u770b\u5230\u4e86\u4ec0\u4e48\uff1a\u725b\u5e02\u56de\u5f52\u4e86\u5417\uff1f<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-226","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=226"}],"version-history":[{"count":2,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/226\/revisions"}],"predecessor-version":[{"id":3194,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/226\/revisions\/3194"}],"wp:attachment":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=226"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}