> For the complete documentation index, see [llms.txt](https://worldassets.gitbook.io/worldassets-doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://worldassets.gitbook.io/worldassets-doc/5-worldassets-platform-ecosystem-development/phase-three-ecosystem-maturity-and-comprehensive-expansion.md).

# Phase Three: Ecosystem Maturity and Comprehensive Expansion

As the WAT asset package continues to expand and liquidity continues to improve, the WAT Protocol platform could become a financing platform for high-quality global enterprises. At this point, a 'Nasdaq Exchange' on the blockchain will emerge, and the WAT-EX physical asset tokenization exchange will be launched.