Allo specializes in lending and trading real-world assets, offering tokenization of valuable assets like real estate and art into fractional shares, enabling broader investor participation.
stablecoin issuer Mandela Digital has announced the completion of a $5 million funding round, with Datavault AI participating. The new funds will be used for stablecoin infrastructure development, compliance, exchange integration, liquidity and marketing, as well as accelerating the launch of its 1:1 USD-pegged stablecoin, Mandela Dollar (MUSD). It is reported that MUSD aims to promote financial inclusion, cross-border remittances, and digital payments in the Global South. Datavault AI will also provide technical support for MUSD, including its AI platform, blockchain tokenization, SanQtum quantum-resistant cryptography, and Real World Asset (RWA) frameworks. (Globenewswire)
: Abdul Rafay Gadit, co-founder of Zignaly and Layer 1 network Zigchain, stated that traditional wealth management relies on slow, expensive, and isolated settlement layers. Asset liquidation or investor verification can take days and requires repetitive manual compliance checks. He pointed out that a dedicated Layer 1 blockchain can embed eligibility requirements, geographical restrictions, and transfer rules directly into the asset, allowing execution, ownership, settlement, and reconciliation to exist in the same verifiable state. Zignaly has now expanded to over 500,000 users, with trading volume exceeding $10 billion. Abdul Rafay Gadit stated that the key to RWA tokenization is not minting tokens, but rather the underlying structures such as legal ownership, custody, valuation, redemption, and qualified holders.
despite the continued downturn in the crypto market, Coinbase Ventures led the venture capital rankings in the first half of 2026 by completing 30 investments.Animoca Brands followed closely with 19 investments, Andreessen Horowitz (a16z) completed 18 investments, and stablecoin issuer Tether participated in 15 deals.Over the past 12 months, Coinbase Ventures has completed 75 investments, continuing to lead the industry. Animoca Brands, YZi Labs, GSR, and a16z have completed 40, 39, 31, and 30 investments, respectively.However, the overall crypto fundraising market remains in a bear market cycle. In June, the total amount raised by crypto companies fell to $1.4 billion, a 63% decrease from $3.8 billion in April. The number of funding rounds also decreased from 89 in May to 61. In comparison, fundraising in April this year was only $698 million, hitting a new low in nearly two years.So far in July, the crypto industry has completed 12 financing rounds, totaling approximately $456 million.In terms of investment focus, Coinbase Ventures has primarily invested in payment protocols, DeFi, and infrastructure over the past six months. This includes participation in seven funding rounds for payment projects, four rounds for DeFi, and three rounds for infrastructure and Real World Asset (RWA) tokenization projects.By sector, the areas that attracted the most capital over the past year were DeFi, payments, and AI. DeFi projects completed 216 funding rounds, the payment sector completed 131 rounds, AI and crypto combination projects completed 128 rounds, and infrastructure projects secured 110 rounds.It is worth noting that while top institutions remain active, the overall number of market participants is decreasing. The number of independent investment institutions in June dropped to 242, nearly halved from 452 in October 2025, reflecting a concentration of capital in the bear market environment. (Cointelegraph)
: Digital asset trading platform Gate has announced that it will open subscriptions for the second phase of its Pre-IPOs project, OpenAI (OPENAI), from July 15, 2026, 15:00 to July 17, 2026, 15:00 (UTC+8), supporting participation with both USDT and GUSD. The total subscription value for the project is approximately $20 million, with 27,700 OPENAI asset certificates issued at a price of 1 OPENAI = $722. The minimum investment is 100 USDT or 100 GUSD, with implicit handling fees and custody costs waived. OpenAI, driven by products like ChatGPT, is advancing generative AI development and has received investments from Microsoft and others, with an implied market valuation of approximately $895 billion.The OPENAI asset certificate is a pre-IPO mirror note for OpenAI, designed to reflect the company's value before and after its public listing. Gate will hedge its exposure by acquiring the corresponding stocks and will offer pathways including pre-market trading, long-term holding, and future conversion into underlying stock assets, stock tokens, or USDT. Allocations are calculated based on the "average hourly locked amount"; the earlier the participation and the longer the lock-up period, the higher the weight. The certificates will be unlocked in three phases on July 17, August 17, and September 17, with pre-market trading opening on July 20. Concurrently, Gate is launching VIP/Super Agent airdrops, GT rewards, and a 3.8% annualized GUSD minting yield. Furthermore, Gate has already introduced Pre-IPOs, IPO Access, Gate Stocks, and gStocks, covering US, Hong Kong, and Korean stocks, encompassing over 12,500 stocks and ETFs, and will continuously expand its global asset ecosystem, including ETFs and RWAs. Gate will continue to bridge traditional finance with on-chain assets, providing global users with a more open, efficient, and one-stop investment service.
Crypto KOL Phyrex published a systematic analysis of rToken issued by Reality under Bitget, arguing that rToken should not be merely understood as "tokenized stocks." Its core value lies in achieving asset composability upon integration with a unified account, breaking the limitations of RWA liquidity silos. Phyrex provided an in-depth breakdown of three directly implementable trading strategies: amplifying US stock directional exposure, Delta Neutral arbitrage, and staking-borrowing loops. For institutions, the core value of rToken lies in three major mechanisms: direct order connection to the US stock order book to eliminate de-pegging risk, UTA unified account cross-margining to improve asset efficiency, and weekend collateral valuation pegged to Friday's closing price to ensure controllable risk. This ultimately enables managing Crypto, stock tokens, and derivative positions within a single account, reducing costs associated with multi-platform rebalancing and fund transfers.
According to the official announcement, Bybit Spot listed GROVE (GROVE/USDT) on the spot market at 15:00 UTC on July 7. Meanwhile, GROVE has joined the Bybit Token Splash Trading Competition, where eligible users have the chance to participate and share a GROVE prize pool of 4 million. Grove is unlocking the potential of the stablecoin economy. Through institutional-grade asset allocation, financing, and liquidity services, Grove brings real-world assets (RWA) and real-world application scenarios on-chain, helping build the next-generation global financial market.
According to the official announcement, to meet users' diversified investment needs, Bitget's US stock token rToken has listed rJMKE (Jersey Mike's Subs). As of now, the Bitget platform supports a total of 608 US stock tokens. It is reported that rTokens, identified by the letter r + stock ticker (e.g., NVIDIA as rNVDA), are issued by Bitget's licensed RWA protocol Reality, directly connecting to global liquidity pools such as Nasdaq and NYSE through cooperation with compliant broker Alpaca. Its features include: underlying assets 1:1 reserved and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (stock splits, etc.), and holdings can serve as joint margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
Bitget 质押借币板块新增支持 38 支股票代币(rToken)作为抵押资产,累计支持数量达 103 支。本次新增标的包括 rIBM、rTQQQ、rNOK 等热门美股与 ETF,覆盖科技、消费、金融等多元板块。持有相关股票代币的用户现可将其作为抵押物借入 USDT、USDC 等主流资产及 100+ 种加密资产,在不卖出持仓的情况下释放资金流动性。具体抵押参数可参阅 Bitget 官方平台。 据悉,以字母 r + 股票代码(如英伟达为 rNVDA)为标识的 rToken,由 Bitget 旗下持牌 RWA 协议 Reality 发行,通过与合规券商 Alpaca 合作直连纳斯达克、纽交所等全球流动性池。其特点包括:底层资产 1:1 储备并由持牌托管机构托管、股票股息以代币形式 1:1 派发、支持公司行为(拆合股等)同步映射,且持仓可作为统一账户及 U 本位合约的联合保证金,让用户在持有全球股票资产的同时,仍能灵活管理资金。
Coinbase has announced a partnership with Mubadala Capital, part of the Abu Dhabi sovereign wealth fund, and KAIO, a tokenization infrastructure provider, to issue compliant on-chain tokens for Mubadala's evergreen private market fund, open to qualified investors.Coinbase will not only support the token issuance through the Base network but will also purchase the token and include it on its corporate balance sheet, marking the first time a major US-listed company has used a regulated tokenized real-world asset (RWA) for native on-chain treasury management. The product will also be deployed on the Solana and Sui networks, with KAIO providing compliant tokenization infrastructure. To date, the project has attracted approximately $75 million in funds, while Mubadala manages assets nearing $400 billion. (Fortune)
stablecoin issuer Mandela Digital has announced the completion of a $5 million funding round, with Datavault AI participating. The new funds will be used for stablecoin infrastructure development, compliance, exchange integration, liquidity and marketing, as well as accelerating the launch of its 1:1 USD-pegged stablecoin, Mandela Dollar (MUSD). It is reported that MUSD aims to promote financial inclusion, cross-border remittances, and digital payments in the Global South. Datavault AI will also provide technical support for MUSD, including its AI platform, blockchain tokenization, SanQtum quantum-resistant cryptography, and Real World Asset (RWA) frameworks. (Globenewswire)
Bitget 宣布已在新西兰金融服务提供商登记册(FSPR)完成注册,业务范围涵盖外币兑换、跨境汇款、资产托管、投资组合管理及代客执行股票、ETF 等金融产品交易。同时,Bitget 已加入新西兰 IFSO 争议解决计划,为用户提供独立的纠纷处理渠道。此举进一步完善了 Bitget 的全球合规基础设施,也为传统金融工具及代币化 RWA 业务拓展提供支持。 此前,Bitget 已获得萨尔瓦多 DASP 牌照及南非 FSCA 牌照。产品端,Bitget 已推出 1:1 对标纳斯纳克等传统市场流动性的美股代币 rToken,并上线券商直连美股服务,支持超过 1 万只美股和期权交易。
Bitget CEO Gracy Chen stated that regardless of whether the US Clarity Act is passed, Bitget has decided to enter the US market. She mentioned that Bitget is reassessing and restarting its US expansion plans, and will obtain the necessary money transmission licenses, derivatives, and broker-dealer permits in the US before launching services, as well as establish an independent US entity.Additionally, she revealed that Bitget has engaged in discussions with the New York Stock Exchange (NYSE) and Nasdaq to explore cooperation in promoting the distribution of tokenized traditional assets (RWA), viewing both exchanges as potential partners. (The Block)
Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.
Odaily News Trader 0xSun stated on social media that during Robinhood's earnings call, the only token appearing in a fleeting search bar was CASHCAT. Additionally, Robinhood CEO Vlad, when discussing the Robinhood Chain, mentioned that the chain will be built around RWA, adding that he also likes Meme coins.As a result, CASHCAT's market cap rebounded from approximately $30 million to nearly $50 million. 0xSun believes that an ideal trajectory for a public chain resembles the Base ecosystem in late 2024, initially driven by factors such as founder influence and team background, and later ignited by events like exchange listings. Currently, Robinhood possesses similar conditions, and tokens on its chain could benefit from expectations of potential exchange listings.Furthermore, 0xSun noted that the Meme coin PIPEDOG on the Robinhood chain saw its market cap quickly surge past $75 million within a few hours. The project team locked the liquidity pool and refunded 173 ETH to users affected by the initial contract. The project currently has deep liquidity, with the pool containing approximately $4.5 million in ETH at a market cap of around $30 million.Previously active HOODRAT also once approached zero due to the overall downturn of the Robinhood chain but recently received attention from Matt, the original artist of the Pepe comic, causing its market cap to rebound from a low of $500,000 to $5 million.Beyond Meme coins, 0xSun indicated that STONKBROKER is currently one of the better projects within the Robinhood ecosystem that combines NFT, RWA, and game mechanics, making it worthy of continued attention.
According to Upbit's announcement, South Korean crypto exchange Upbit will list Euler (EUL) on the Korean Won (KRW) market on July 26 at 12:00 (KST), supporting deposits and withdrawals on the Ethereum network. Within approximately 5 minutes after trading opens, buy orders and some sell orders will be restricted; within approximately 2 hours after opening, only limit orders will be supported. Euler is a decentralized finance lending protocol based on Ethereum, allowing users to create lending markets and deposit or borrow assets. Euler v2, launched in 2024, adopts a modular Vault structure, supporting users in building lending markets based on different assets and risk preferences, and can be extended to scenarios such as RWA, synthetic assets, and NFTs. The EUL token is primarily used for governance, Fee Flow bidding, and reward mechanisms.
Odaily News On-chain analyst Tom Wan stated on platform X that Robinhood CEO Vlad Tenev's earlier proposal regarding the "synergistic effect between Meme coins and RWA" is gradually becoming a reality. Currently, launchpads such as LONG() and Bankr have begun issuing new tokens that are directly paired with Robinhood stock tokens for trading. Over 50% of stock token trading volume now comes from Meme coin trading pairs, with the AI token from LONG() contributing the largest volume. Most of these Meme pairs are linked to Nvidia and SPCX, making these two tokens the fastest-growing stock tokens. Nvidia's market cap has approached $5 million, and the total value of tokenized stocks is nearing $20 million.
Blockworks' Solana Q2 2026 Token Holder Report indicates that the scale of on-chain tokenized asset trading reached a new high this quarter, hitting $5.8 billion, a 114% increase quarter-over-quarter. Among this, tokenized stock trading accounted for $4.8 billion, representing 97% of the entire network's tokenized equity trading volume, with institutional demand for RWA becoming the core growth driver.Dragged down by the ebbing tide of the meme coin market, Solana's real economic revenue decreased by 43% quarter-over-quarter to $51 million, and DEX spot trading volume fell back to $160.8 billion. However, the funding side remained robust, with SOL spot ETPs seeing a net inflow of $120 million and total staked amount reaching 427 million SOL, accounting for two-thirds of the total supply. Going forward, Solana will implement the Alpenglow upgrade and related SIMD proposals to adjust inflation and token burning rules, enhancing SOL's value capture capabilities.
According to the official announcement, the Bitget Trading Bot now supports smart holdings for US stock tokens (rTokens). It has also simultaneously launched multiple recommended portfolios, including the US Stock Top 10 Giants Mag 10, Serenity Holdings, Musk Concept, and more, enabling users to copy holdings with one click and automatically manage positions. Users can navigate to "Trading Bot" and select "Smart Holdings", choose a desired portfolio from the recommendations, enter the investment amount, and establish the position. Alternatively, they can create manually by configuring supported stock rTokens and cryptocurrencies, setting target allocations and rebalancing conditions for each asset, and completing the creation. App users can upgrade to the latest version to experience this feature. It is reported that rTokens, identified by the letter "r" plus the stock ticker (e.g., Nvidia as rNVDA), are issued by Reality, a licensed RWA protocol under Bitget. They connect directly to global liquidity pools such as Nasdaq and NYSE through cooperation with the compliant broker Alpaca. Features include: underlying assets reserved 1:1 and custodied by licensed institutions, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (stock splits, etc.), and holdings can serve as joint margin for Unified Accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
according to official sources, OKX, in collaboration with Elliptic, SlowMist, and OttoSec, has released the "H1 2026 Web3 Security and Risk Control Report." The report indicates that the focus of Web3 attacks is shifting from smart contract code to more complex scenarios such as signature processes, user devices, operational infrastructure, and AI Agents.Data shows that in the first half of 2026, OKX's risk control system intercepted over 5.7 million high-risk transactions, including approximately 2.41 million related to hacking and theft, about 1.48 million phishing-related transactions, and roughly 990,000 fraud-related transactions. OKX Web3's on-chain intelligence label library now boasts over 1.1 billion labels, covering more than 420 chains. It has also integrated capabilities such as address screening, transaction monitoring, and sanctioned address control into infrastructure like DEX and Exchange OS.Furthermore, in terms of user protection, OKX has intercepted over 7 million risky website visits, completed more than 200,000 device risk detections, identified over 60,000 high-risk Apps, and blocked or alerted on over 4 million high-risk signature operations. The report also introduces the "proactive risk control" design in scenarios such as Exchange OS, Outcomes, RWA, and Agentic Wallet.
The Resolv Foundation has announced its recovery plan following the protocol security incident. USR/wstUSR tokens held and snapshot-recorded prior to the incident will be redeemed for USDC at a 1:1 ratio, while USR/wstUSR acquired after the incident will be redeemed at a 1:0.5 ratio. RLP holdings will be restored at a core redemption rate of 0.71 USDC per token, with additional RESOLV token allocations based on a reference price of $0.03. The Foundation stated that eligible users may claim their recovery funds between May 26, 2026, and August 26, 2026.
Odaily Odaily News Gate Research recently released its "April 2026 Cryptocurrency Market Review" report, indicating that the overall cryptocurrency market saw a volatile upward trend in April, with total market capitalization significantly higher than in March. BTC and ETH ETF trading volumes maintained high volatility overall. The report shows continued divergence in activity across major public chain ecosystems. Solana's daily transaction volume remained in the range of approximately 90 million to 110 million transactions, maintaining its leading position.Regarding trending sectors, the report notes that Pokemon TCG RWA has become one of the fastest-growing on-chain RWA sub-sectors, entering a second explosive growth phase in April. Major trading platforms saw monthly trading volumes exceed $220 million, with weekly revenue briefly approaching $6 million, setting new historical records. Meanwhile, Aave experienced its most severe liquidity crisis ever in April, with TVL outflows reaching tens of billions of dollars within a few days and net outflows exceeding $9 billion for the entire month.In terms of fundraising and security incidents, the Web3 industry completed 51 financing rounds in April, totaling approximately $834 million, with capital further concentrating on leading financial and infrastructure tracks. Among these, Payward ranked first for the month with a $200 million financing round. On the security front, Web3 security incidents in April resulted in losses of approximately $306 million, a month-over-month increase of about 858%, primarily driven by a single cross-chain infrastructure attack on Kelp DAO worth approximately $293 million. The report suggests that against the backdrop of a recovering market, on-chain activity and capital liquidity are both increasing simultaneously. However, the security risks associated with cross-chain infrastructure and high-leverage protocols remain worthy of continued attention.
According to CoinDesk, Angus Fletcher, Head of Digital Assets at State Street, stated at Consensus Miami that recent DeFi attack incidents highlight traditional financial institutions’ need for blockchain asset security and risk management frameworks. He emphasized that before trillions of dollars worth of real-world assets (RWAs) are tokenized, the industry must urgently address cross-chain interoperability, legal ownership, and security safeguards.
Standard Chartered Bank's latest report indicates that while the theft of KelpDAO's rsETH has severely impacted the DeFi ecosystem, it is insufficient to change the long-term growth trend of Real World Asset (RWA) tokenization. The bank maintains its forecast that the RWA tokenization market will grow from $35 billion in October 2025 to $2 trillion by the end of 2028, with the core drivers remaining the continued expansion of the DeFi banking system and stablecoin liquidity.Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, stated that this incident is more like DeFi being "bent, not broken," and could even serve as a significant turning point for the industry to move towards a more resilient structure. (The Block)
According to the official announcement, to meet users' diversified investment needs, Bitget's US stock token rToken has listed rJMKE (Jersey Mike's Subs). As of now, the Bitget platform supports a total of 608 US stock tokens. It is reported that rTokens, identified by the letter r + stock ticker (e.g., NVIDIA as rNVDA), are issued by Bitget's licensed RWA protocol Reality, directly connecting to global liquidity pools such as Nasdaq and NYSE through cooperation with compliant broker Alpaca. Its features include: underlying assets 1:1 reserved and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (stock splits, etc.), and holdings can serve as joint margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.
Odaily News Trader 0xSun stated on social media that during Robinhood's earnings call, the only token appearing in a fleeting search bar was CASHCAT. Additionally, Robinhood CEO Vlad, when discussing the Robinhood Chain, mentioned that the chain will be built around RWA, adding that he also likes Meme coins.As a result, CASHCAT's market cap rebounded from approximately $30 million to nearly $50 million. 0xSun believes that an ideal trajectory for a public chain resembles the Base ecosystem in late 2024, initially driven by factors such as founder influence and team background, and later ignited by events like exchange listings. Currently, Robinhood possesses similar conditions, and tokens on its chain could benefit from expectations of potential exchange listings.Furthermore, 0xSun noted that the Meme coin PIPEDOG on the Robinhood chain saw its market cap quickly surge past $75 million within a few hours. The project team locked the liquidity pool and refunded 173 ETH to users affected by the initial contract. The project currently has deep liquidity, with the pool containing approximately $4.5 million in ETH at a market cap of around $30 million.Previously active HOODRAT also once approached zero due to the overall downturn of the Robinhood chain but recently received attention from Matt, the original artist of the Pepe comic, causing its market cap to rebound from a low of $500,000 to $5 million.Beyond Meme coins, 0xSun indicated that STONKBROKER is currently one of the better projects within the Robinhood ecosystem that combines NFT, RWA, and game mechanics, making it worthy of continued attention.
data from Dune shows that the trading volume of the stock token rToken launched by Bitget has reached approximately $30 million in the past 24 hours, while the total trading volume of Ondo stock tokens across all CEXs and DEXs was about $25 million.Ondo is one of the earliest RWA protocols to venture into stock tokens. Its assets were previously listed on platforms such as Binance Wallet, Bitget, and Gate, with a peak daily trading volume reaching $620 million. However, as various trading platforms have begun launching their own stock tokens, Ondo's overall trading volume has experienced a significant decline compared to the beginning of the year.
Bitget 质押借币板块新增支持 38 支股票代币(rToken)作为抵押资产,累计支持数量达 103 支。本次新增标的包括 rIBM、rTQQQ、rNOK 等热门美股与 ETF,覆盖科技、消费、金融等多元板块。持有相关股票代币的用户现可将其作为抵押物借入 USDT、USDC 等主流资产及 100+ 种加密资产,在不卖出持仓的情况下释放资金流动性。具体抵押参数可参阅 Bitget 官方平台。 据悉,以字母 r + 股票代码(如英伟达为 rNVDA)为标识的 rToken,由 Bitget 旗下持牌 RWA 协议 Reality 发行,通过与合规券商 Alpaca 合作直连纳斯达克、纽交所等全球流动性池。其特点包括:底层资产 1:1 储备并由持牌托管机构托管、股票股息以代币形式 1:1 派发、支持公司行为(拆合股等)同步映射,且持仓可作为统一账户及 U 本位合约的联合保证金,让用户在持有全球股票资产的同时,仍能灵活管理资金。
According to Upbit's announcement, South Korean crypto exchange Upbit will list Euler (EUL) on the Korean Won (KRW) market on July 26 at 12:00 (KST), supporting deposits and withdrawals on the Ethereum network. Within approximately 5 minutes after trading opens, buy orders and some sell orders will be restricted; within approximately 2 hours after opening, only limit orders will be supported. Euler is a decentralized finance lending protocol based on Ethereum, allowing users to create lending markets and deposit or borrow assets. Euler v2, launched in 2024, adopts a modular Vault structure, supporting users in building lending markets based on different assets and risk preferences, and can be extended to scenarios such as RWA, synthetic assets, and NFTs. The EUL token is primarily used for governance, Fee Flow bidding, and reward mechanisms.
PolyFlow 宣布其应用程序 Beta 版即将进入最终测试阶段,并已面向全球开放有限名额的测试员招募。此次测试将优先向生态合作伙伴、社区成员及 Web3 用户开放,首批功能涵盖数字资产管理、链上钱包、AI 助手、生态应用入口、用户身份与账户系统,以及精选真实世界资产(RWA)机会访问。
According to the official announcement, to meet users' diversified investment needs, Bitget's US stock token rToken has listed rJMKE (Jersey Mike's Subs). As of now, the Bitget platform supports a total of 608 US stock tokens. It is reported that rTokens, identified by the letter r + stock ticker (e.g., NVIDIA as rNVDA), are issued by Bitget's licensed RWA protocol Reality, directly connecting to global liquidity pools such as Nasdaq and NYSE through cooperation with compliant broker Alpaca. Its features include: underlying assets 1:1 reserved and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (stock splits, etc.), and holdings can serve as joint margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
Ranked by DeFi Active TVL, Monad ranks third globally with $367.1 million, second only to Ethereum ($2.047 billion) and Solana ($484.5 million), becoming one of the fastest-growing emerging Layer 1 blockchains in the RWA sector.
Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.
Odaily News Trader 0xSun stated on social media that during Robinhood's earnings call, the only token appearing in a fleeting search bar was CASHCAT. Additionally, Robinhood CEO Vlad, when discussing the Robinhood Chain, mentioned that the chain will be built around RWA, adding that he also likes Meme coins.As a result, CASHCAT's market cap rebounded from approximately $30 million to nearly $50 million. 0xSun believes that an ideal trajectory for a public chain resembles the Base ecosystem in late 2024, initially driven by factors such as founder influence and team background, and later ignited by events like exchange listings. Currently, Robinhood possesses similar conditions, and tokens on its chain could benefit from expectations of potential exchange listings.Furthermore, 0xSun noted that the Meme coin PIPEDOG on the Robinhood chain saw its market cap quickly surge past $75 million within a few hours. The project team locked the liquidity pool and refunded 173 ETH to users affected by the initial contract. The project currently has deep liquidity, with the pool containing approximately $4.5 million in ETH at a market cap of around $30 million.Previously active HOODRAT also once approached zero due to the overall downturn of the Robinhood chain but recently received attention from Matt, the original artist of the Pepe comic, causing its market cap to rebound from a low of $500,000 to $5 million.Beyond Meme coins, 0xSun indicated that STONKBROKER is currently one of the better projects within the Robinhood ecosystem that combines NFT, RWA, and game mechanics, making it worthy of continued attention.
data from Dune shows that the trading volume of the stock token rToken launched by Bitget has reached approximately $30 million in the past 24 hours, while the total trading volume of Ondo stock tokens across all CEXs and DEXs was about $25 million.Ondo is one of the earliest RWA protocols to venture into stock tokens. Its assets were previously listed on platforms such as Binance Wallet, Bitget, and Gate, with a peak daily trading volume reaching $620 million. However, as various trading platforms have begun launching their own stock tokens, Ondo's overall trading volume has experienced a significant decline compared to the beginning of the year.