News Heat Trend
Project Overview
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.
Stellar Development Foundation Makes Strategic Investment in Marketnode to Expand Institutional Tokenized RWA Channels in Asia-Pacific
Odaily reports: The Stellar Development Foundation (SDF) has announced a strategic investment in Marketnode, an Asia-Pacific digital market infrastructure operator, to expand institutional investors' access to tokenized real-world financial assets through the Stellar network. Marketnode is backed by Euroclear, HSBC, Singapore Exchange Group, and Temasek, with operations covering the issuance, distribution, and servicing of funds, credit, and structured products, connecting asset management institutions, issuers, distributors, and qualified investors.
Chainlink Launches 24/7 Market Data Service, Aave Becomes First Partner
According to the official announcement from Chainlink, Chainlink 24/7 is now live, providing 24/7 on-chain market data for real-world assets (RWA) such as stocks and commodities, covering weekends and holidays, and supporting tokenized asset trading, collateral valuation, and on-chain risk management. Decentralized lending protocol Aave has become the first partner and will utilize this service for 24/7 collateral management.
Y Combinator Releases Crypto Startup Guide: Focus on Asset Tokenization, Stablecoins, and AI Trading Agents
Y Combinator has released a startup guide for the crypto sector, noting that over the past year, growth in the crypto industry was driven by institutions rather than consumers for the first time. Use cases are shifting from speculative trading to real-world financial needs such as oil hedging and cross-border corporate treasury flows, and the firm expects crypto adoption to accelerate further.The firm believes that various asset classes will accelerate toward tokenization, expanding from stablecoins and equities to real estate titles, debt, and commodities. Meanwhile, startup equity and small-value assets that were previously difficult to securitize may also enter the market through on-chain issuance. Around these assets, financial infrastructure such as trading, lending, and derivatives will continue to develop, and AI agents may become important financial participants.For startup directions over the next 6 months, Y Combinator is focusing on AI fundraising, USD and other fiat stablecoins, neobanks, real-world asset (RWA) tokenization, trading platforms, and crypto API infrastructure for AI agents. The firm believes that while traditional financial institutions face challenges, this also creates startup opportunities for a new generation of fintech companies.
Orochi Network Completes $8 Million Funding Round with Participation from Plutus VC and Others
Odaily reports: Orochi Network announced an additional $8 million in funding, bringing its cumulative fundraising to $20 million. The funds will be used to build verifiable data infrastructure for real-world asset (RWA) tokenization. This round received support from MEXC Ventures, Plutus VC, Bolts Capital, Ant Labs, and previous investors, and the project also received a grant from the Ethereum Foundation.Orochi Network stated that its verifiable database zkDatabase has launched on mainnet, having processed over 700 million proofs cumulatively with more than 10,000 downloads. It has established partnerships with projects such as Plume, Lumia, Nexus, and OG, and its alliance has over 120 enterprise partners. The network aims to use cryptographic technologies such as zero-knowledge proofs to verify the authenticity and integrity of asset data, providing data verification and audit infrastructure for applications including RWA, stablecoins, and AI.
Gate Releases Q3 2026 Report: Derivatives Trading Volume Ranks Among Global Top 3, Stock and ETF Coverage Reaches 12,800+
Odaily — Gate has released its "Q3 2026 Report," showing continued growth in its trading business and a significant expansion of its multi-asset trading product matrix in Q3 2026. According to CoinDesk data, Gate's derivatives trading volume reached $396 billion in September, up 38.2% quarter-over-quarter, ranking among the global top three centralized derivatives exchanges with market share rising to 10.1%. Over the same period, spot trading volume reached $48.8 billion, up 21.9% quarter-over-quarter, while its RWA perpetual contract market share reached 9.1%, ranking third globally.On the TradFi side, Gate's stock and ETF coverage increased to over 12,800 instruments, spanning U.S., Hong Kong, Korean, and Japanese equities, providing users with a rich selection of global asset allocation options. Its tokenized stock business gStocks continued to expand its tradable instruments, with monthly trading volume exceeding 2.5 billion USDT in August, and its comprehensive competitiveness in stock spot trading ranking among the global top two. Gate ETF quarterly trading volume approached 60 billion USDT, with ETF trading pairs supported by the platform increasing to 424; options quarterly trading volume grew 23.8% quarter-over-quarter, and the number of new trading users rose 52.1%, as U.S. stock options continue to broaden traditional financial asset trading scenarios. The launch of stock copy trading further connects stock and ETF trading across multiple markets, enriching the ways users can participate in global financial markets.From crypto asset trading to global stocks, ETFs, CFDs, and multi-asset derivatives, Gate continues to broaden its product coverage and trading scenarios, driving the accelerated integration of digital assets and traditional financial markets while refining its one-stop multi-asset trading service system.
Shenzhen Economic Crime Investigation: Beware of RWA Real Estate Tokenization Scams; Related Financing in China Constitutes Illegal Financial Activities
According to disclosures by the Shenzhen Economic Crime Investigation Department, investors have recently suffered financial losses from investment scams operating under the guise of "RWA real estate tokenization." These schemes typically use technical pretenses such as "automated smart contract dividend payouts" and "verifiability on blockchain explorers" to lure investors into purchasing fictitious on-chain fractionalized real estate ownership. Once the funds are collected, dividend distributions cease and the operators disappear. The Shenzhen Economic Crime Investigation Department pointed out that smart contract addresses and company registration information only prove the existence of the code and the registered corporate entity; they do not indicate that the projects are genuinely backed by underlying physical assets, nor do they signify that the projects hold financial business qualifications. Under China's current regulatory framework, any tokenized financing activities conducted domestically under the name of RWA constitute illegal financial activities. Virtual currencies do not possess the status of legal tender, and related token issuance financing and speculative trading are not protected by law.
Japan's Financial Services Agency Releases 609-Page Research Report on Overseas Crypto Regulation, Covering RWA Regulatory Frameworks in China, the US, Europe, and Hong Kong
Odaily reports: Japan's Financial Services Agency (FSA) has published a commissioned research report on overseas financial regulatory systems, totaling 609 pages and authored by the Japanese law firm Atsumi & Sakai. The report covers 8 countries and regions, including the United States, the United Kingdom, the European Union, China, and Hong Kong, and aims to provide reference for Japan's financial system planning and legislation.The report focuses on regulatory frameworks for crypto asset exchanges, stablecoins, and real-world asset (RWA) tokenization across various jurisdictions, including the US GENIUS Act, the EU's MiCA regulation, the UK's stablecoin regulatory proposal, and China's virtual currency and RWA regulations issued in February 2026. The report notes that under China's current rules, domestic RWA tokenized issuance, trading, and related services are in principle prohibited, except for businesses conducted with the consent of competent authorities and relying on specific financial infrastructure. Additionally, the report covers Hong Kong's expansion of the scope of tokenized securities trading and related market regulatory arrangements. (CoinPost)
Injective partners with BDACS to introduce the Korean Won stablecoin KRW1 into the RWA ecosystem.
According to The Block, Injective has signed a memorandum of understanding with Korean digital asset custodian BDACS, planning to designate its KRW stablecoin KRW1 as the exclusive KRW settlement asset for RWA and tokenized asset activities on the Injective network. Both parties aim to enable tokenized assets to be traded and settled directly in KRW on Injective without routing through USD stablecoins. The minting and redemption of KRW1 will be exclusively available to approved institutional partners and will still require regulatory approval.
Shenzhen Economic Crime Investigation: Beware of RWA Real Estate Tokenization Scams; Related Financing in China Constitutes Illegal Financial Activities
According to disclosures by the Shenzhen Economic Crime Investigation Department, investors have recently suffered financial losses from investment scams operating under the guise of "RWA real estate tokenization." These schemes typically use technical pretenses such as "automated smart contract dividend payouts" and "verifiability on blockchain explorers" to lure investors into purchasing fictitious on-chain fractionalized real estate ownership. Once the funds are collected, dividend distributions cease and the operators disappear. The Shenzhen Economic Crime Investigation Department pointed out that smart contract addresses and company registration information only prove the existence of the code and the registered corporate entity; they do not indicate that the projects are genuinely backed by underlying physical assets, nor do they signify that the projects hold financial business qualifications. Under China's current regulatory framework, any tokenized financing activities conducted domestically under the name of RWA constitute illegal financial activities. Virtual currencies do not possess the status of legal tender, and related token issuance financing and speculative trading are not protected by law.
Bitget Adds 108 Stock Spot rTokens Including BYD ADR, Total Support Now Exceeds 3,000 rTokens
Odaily News: According to an official announcement, Bitget has listed 108 stock spot rTokens, including rTCEHY (Tencent Holdings ADR), rBYDDY (BYD ADR), rXIACY (Xiaomi Group ADR), and rVWAGY (Volkswagen ADR). As of now, the Bitget platform supports a total of 3,035 rTokens.It is reported that rTokens, identified by the letter "r" plus the stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, a licensed RWA protocol under Bitget, through a partnership with compliant broker Alpaca to directly connect to global liquidity pools such as Nasdaq and the NYSE. Their features include: underlying assets backed by 1:1 reserves and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronous mapping of corporate actions (stock splits and reverse splits, etc.), and holdings can serve as joint margin for the unified account and USDT-margined futures, allowing users to hold global stock assets while still managing funds flexibly.
Ripple Prime Launches RWA Perpetual Swaps, Pricing Referenced to Hyperliquid Perpetual Contracts
Odaily reports: Ripple's institutional brokerage business Ripple Prime has launched real-world asset (RWA) perpetual swaps, offering institutional clients continuous trading across more than 100 reference markets including individual equities, equity indices, ETFs, metals, energy, and foreign exchange. Ripple Prime acts as counterparty for these trades, with pricing referenced to perpetual contracts listed by Trade.xyz on the decentralized derivatives platform Hyperliquid, and does not involve ownership of the underlying assets or physical settlement. Clients can cross-margin related positions with other assets on the platform, and eligible clients may use RLUSD as collateral; market maker Virtu is among the early users. The business is currently offered under a British Virgin Islands license and plans to expand to more regions.
Tokenized Asset Liquidity Faces Challenges as Stablecoin Market Cap Reaches $306 Billion
Odaily reports: Alex Taaffe, Chief Revenue Officer of digital asset trading firm GSR, stated that the on-chain issuance of real-world assets (RWAs) continues to increase, but investor demand has yet to match, and the growing number of issuers and blockchains has further fragmented liquidity in the tokenized market.Mike Silagadze, founder and CEO of ether.fi, said that stablecoins facilitate cross-border transfers, but broader adoption depends on whether they can be used for everyday spending; Yvonne Chia, Head of Communications at USDD, believes that issuers should prioritize improving user experience.The stablecoin market cap stands at $306 billion, up approximately 2% year-over-year and about 74% over the past 12 months. Ilya Podoynitsyn, co-founder and CEO of FinHarbor, pointed out that service providers still need to address regulatory requirements across different jurisdictions and adjust their infrastructure and compliance systems.Miguel Morel, founder and CEO of blockchain analytics firm Arkham Intelligence, said that on-chain data can be used to assess counterparty risk and the source of client deposits. Pulkit Gupta of Nomad Capital noted that crypto market liquidity has been relatively weak over the past three months, making it more difficult to exit altcoin investments. (Cointelegraph)
Binance Research: Real Yields Hit New Highs Since 2008, Highly Concentrated Leadership in Crypto and Equity Sectors
According to a report from Binance Research, since August 31, the US 10-year Treasury yield has risen by 47 basis points to 5.22%, with 43 basis points driven by an increase in real yields (currently at 2.87%, peaking at 2.95% on October 5, the highest since 2008), while inflation expectations contributed only 4 basis points. Since the rate hike on September 16, leading market sectors have been highly concentrated: in equities, the S&P 500 rose 3.3%, led by semiconductors up 10.6%, while small-cap and bank stocks declined, and the equal-weight index remained flat; in crypto markets, Bitcoin gained 9.3%, Ethereum rose 2.7%, with Layer 2 (+32%), RWA (+29%), and AI tokens (+29%) leading the way, while Meme coins and payment tokens only advanced 5%. In terms of fund flows, net inflows into stocks on the Binance platform reached $169 million, with semiconductor-related inflows nearly quadrupling to $73 million, and Intel attracting $32 million in a single week despite a 12% drop in its stock price. Key focus areas ahead include the September CPI data (expected to rise from 3.4% to 3.7%) and the banking earnings season, which will serve as a key test of the current market landscape.
Analysis: Ethereum's liquidity moat remains unbreached, with five reasons supporting its strong position.
Analyst Jake Koch-Gallup posted that Ethereum's liquidity moat has not been breached, citing five reasons: first, ETH is not only a medium of exchange but also possesses reserve and collateral asset attributes; second, Ethereum still accounts for 65% of DeFi TVL, with the Layer 2 ecosystem continuing to expand, covering networks such as Base and Robinhood Chain; third, although Ethena's USDe share on Ethereum has dropped from 88% to 56%, Ethereum remains its largest network; fourth, while the stablecoin share has declined to 51%, if the overall market cap reaches $3 trillion, Ethereum capturing even 30% would see its stablecoin volume surge from the current $15.5 billion to nearly $1 trillion; fifth, Ethereum maintains over a decade of uninterrupted operation, a dominant developer ecosystem, a 36% staking rate, and continues to lead in institutional adoption and RWA activity, keeping its fundamentals firmly intact.
IMF: Tokenized Assets Reach $65 Billion, but Liquidity and Regulation Remain Barriers to Adoption
Odaily News: The International Monetary Fund (IMF) stated that the tokenized financial market is growing rapidly, but legal uncertainty, insufficient interoperability, and the lack of a widely recognized settlement asset could still limit its further development.In its latest analysis, the IMF noted that as of July, the scale of tokenized real-world assets (RWA) was approximately $65 billion, still relatively small compared to the roughly $300 trillion in global capital market assets. Among these, tokenized credit products accounted for approximately $30.4 billion, money market funds approximately $17.5 billion, and tokenized equities approximately $2.3 billion.The IMF stated that tokenized equities are attracting investors by supporting 24/7 trading and fractional ownership, but their liquidity is significantly lower than traditional markets, with actual volatility approximately 1.5 times that of traditional stocks. As the tokenized market expands, increased market correlation and leverage could amplify liquidity risks, concentrated selling, and risk contagion.The IMF said tokenization could reshape financial markets, but future development will depend more on improved policy frameworks, market depth, trust mechanisms, and risk protection measures. Currently, since the market size remains relatively small, the systemic risks posed by tokenized assets are limited. (Cointelegraph)
Franklin Templeton Expands Tokenized Collateral Service to Bybit
Odaily News: Franklin Templeton has expanded its off-exchange collateral program to Bybit, allowing users to use their tokenized money market fund shares as collateral for crypto trading. These shares represent approximately $686 million in net assets and can be used to borrow USDT or USDC, while the underlying assets continue to generate yield.Users do not need to transfer the underlying assets to Bybit. The regulated custody platform ByCustody will hold the relevant assets off-exchange, with their value mirrored within Bybit's trading environment. Franklin Templeton has previously offered similar services to Binance and OKX users.
Compress fund issuance into "one click," as R25 2.0 upgrades from closed infrastructure to open institutional-grade Vault infrastructure
institutional-grade onchain Vault infrastructure R25 has announced an upgrade to version 2.0, opening its previously closed infrastructure to a broader ecosystem. R25 2.0 positions itself as "Vault Infrastructure as a Service," offering asset managers, traders, quant teams, and emerging portfolio managers a one-stop solution for Vault deployment, operations, and scaling.The core change lies in the shift of the issuance threshold: qualified asset managers can configure, deploy, and operate Vault smart contracts in minutes using natural language, greatly lowering the technical barrier to turning curated strategies into composable, transparent smart contracts. R25 2.0 supports building strategies from over 2,000 onchain assets across RWA, Crypto, and DeFi, while preserving institutional-grade transparency and risk control standards; it also offers one-click Vault deployment and AI backtesting, supports access to the global onchain capital network, and connects custodians, exchanges, wallets, fintech/Neobanks, and crypto-native investors. In other words, asset managers only need to define strategy, fee rates, and risk parameters, while contract deployment, asset onboarding, NAV calculation, and capital distribution are handled by R25's modular infrastructure.This open architecture is built on the validation of R25 1.0. The R25 Curator lineup includes Axil, Raffaello, Ember Protocol, among others, with the private credit Vault issued by Axil reaching $130 million in TVL after launch. The production-grade infrastructure supporting such Vaults includes modular Vault architecture, asynchronous deposits and withdrawals, standardized NAV and portfolio accounting, onchain strategy management and execution, configurable fees and risk management, as well as multiple rounds of security audits. R25 2.0 is expected to officially launch in Q4 2026.
Gate Ventures: Oil Breaks $100 as Inflation Exceeds Expectations, Risk Assets Under Broad Pressure
Odaily News: According to Gate Ventures' latest weekly report, last week's escalation of geopolitical conflicts in the Middle East combined with U.S. core inflation exceeding expectations significantly heightened global market volatility. Brent crude and WTI crude surged 8.33% and 9.36% respectively, returning above $100 per barrel; U.S. August core CPI rose 0.29% month-over-month, higher than expected, pushing the 10-year Treasury yield to 4.97%, with market-implied probability of a September rate hike rising to approximately 86%; spot gold fell 1.82% to $4,349.42 per ounce. U.S. stock indices — the S&P 500, Nasdaq, and Dow Jones — declined 0.80%, 0.66%, and 1.57% respectively; the crypto market weakened in tandem, with BTC and ETH dropping 4.4% and 1.5% respectively. Spot BTC ETFs saw net outflows of $462.7 million, while ETH ETFs recorded net inflows of $197.1 million. The fear index dropped from 71 to 57, indicating a cooling of market sentiment.On the industry front, India launched a $107 million tokenized corporate bond pilot program, further advancing institutional-grade RWA tokenization; Gemini obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, further expanding its regulatory footprint in the Asia-Pacific region; and the Philippine central bank plans to suspend new payment system operator registrations for 12 months, tightening oversight of VASP-related payment activities.On the funding side, a total of 9 financing deals were completed last week, with disclosed total funding reaching $158.4 million, down 88% quarter-over-quarter. Overall, energy prices and inflation expectations remain the core variables driving short-term market trends, while interest in tokenized assets and institutional-grade crypto infrastructure development remains undiminished.
Hifi Finance Suffers Governance Takeover by DAO, Approximately $1 Million in User Collateral Drained
According to on-chain researcher Spreek, DeFi protocol Hifi Finance suffered a DAO governance takeover. The attacker gained control through four last-minute votes funded by Tornado Cash, subsequently minted 25 million governance tokens, and drained user collateral assets worth approximately $1 million, most of which were RWA tokens.
White-Hat Hacker Withdraws Approximately 4,000 BTC from Liquid Network; Side Chain Suspends Operations
According to an announcement from the official Liquid Network X account (@Liquid_BTC), a suspected whitehat hacker withdrew approximately 4,000 BTC worth around $320 million from a Liquid Federation wallet using a SideSwap PAK (Peg-out Authorization Key). The official statement indicated that the key itself was not leaked, and the Blockstream team is attempting to contact the party through on-chain signed messages. Following the incident, exchanges have paused or are about to pause LBTC deposit and withdrawal services. Bridge nodes have been temporarily shut down, and the Liquid sidechain is currently suspended, unable to submit new transactions. Officials emphasized that other Liquid assets such as USDT, DePix, and RWA remain unaffected by this incident, while Federation members are actively working to resolve the issue to restore normal network operations as soon as possible.
MANTRA Chain has resumed block production; user funds remain unaffected.
RWA Layer 1 blockchain MANTRA Chain announced that the vulnerability in the Cosmos-EVM module has been patched, the network has resumed operations and block production, and the incident did not affect user funds. The team will release a complete post-incident analysis report in the coming days.
OKX Jointly Releases H1 2026 Web3 Security and Risk Control Report with Elliptic, SlowMist, and OttoSec
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.
Resolv Foundation announces recovery plan and launches RWA business line Vault Street
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.
Gate Research: Crypto Market Warms Up in April with RWA and On-Chain Capital Flow in Focus
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.
Japan's Financial Services Agency Releases 609-Page Research Report on Overseas Crypto Regulation, Covering RWA Regulatory Frameworks in China, the US, Europe, and Hong Kong
Odaily reports: Japan's Financial Services Agency (FSA) has published a commissioned research report on overseas financial regulatory systems, totaling 609 pages and authored by the Japanese law firm Atsumi & Sakai. The report covers 8 countries and regions, including the United States, the United Kingdom, the European Union, China, and Hong Kong, and aims to provide reference for Japan's financial system planning and legislation.The report focuses on regulatory frameworks for crypto asset exchanges, stablecoins, and real-world asset (RWA) tokenization across various jurisdictions, including the US GENIUS Act, the EU's MiCA regulation, the UK's stablecoin regulatory proposal, and China's virtual currency and RWA regulations issued in February 2026. The report notes that under China's current rules, domestic RWA tokenized issuance, trading, and related services are in principle prohibited, except for businesses conducted with the consent of competent authorities and relying on specific financial infrastructure. Additionally, the report covers Hong Kong's expansion of the scope of tokenized securities trading and related market regulatory arrangements. (CoinPost)
Stellar Development Foundation Makes Strategic Investment in Marketnode to Expand Institutional Tokenized RWA Channels in Asia-Pacific
Odaily reports: The Stellar Development Foundation (SDF) has announced a strategic investment in Marketnode, an Asia-Pacific digital market infrastructure operator, to expand institutional investors' access to tokenized real-world financial assets through the Stellar network. Marketnode is backed by Euroclear, HSBC, Singapore Exchange Group, and Temasek, with operations covering the issuance, distribution, and servicing of funds, credit, and structured products, connecting asset management institutions, issuers, distributors, and qualified investors.
Chainlink Launches 24/7 Market Data Service, Aave Becomes First Partner
According to the official announcement from Chainlink, Chainlink 24/7 is now live, providing 24/7 on-chain market data for real-world assets (RWA) such as stocks and commodities, covering weekends and holidays, and supporting tokenized asset trading, collateral valuation, and on-chain risk management. Decentralized lending protocol Aave has become the first partner and will utilize this service for 24/7 collateral management.
Y Combinator Releases Crypto Startup Guide: Focus on Asset Tokenization, Stablecoins, and AI Trading Agents
Y Combinator has released a startup guide for the crypto sector, noting that over the past year, growth in the crypto industry was driven by institutions rather than consumers for the first time. Use cases are shifting from speculative trading to real-world financial needs such as oil hedging and cross-border corporate treasury flows, and the firm expects crypto adoption to accelerate further.The firm believes that various asset classes will accelerate toward tokenization, expanding from stablecoins and equities to real estate titles, debt, and commodities. Meanwhile, startup equity and small-value assets that were previously difficult to securitize may also enter the market through on-chain issuance. Around these assets, financial infrastructure such as trading, lending, and derivatives will continue to develop, and AI agents may become important financial participants.For startup directions over the next 6 months, Y Combinator is focusing on AI fundraising, USD and other fiat stablecoins, neobanks, real-world asset (RWA) tokenization, trading platforms, and crypto API infrastructure for AI agents. The firm believes that while traditional financial institutions face challenges, this also creates startup opportunities for a new generation of fintech companies.
Aurelion Announces Strategic Partnership with Bitget and Its RWA Protocol Reality to Launch Tokenized Shares of a Gold Reserve Listed Company
Odaily Report: Bitget, together with its tokenized US equity protocol Reality, and Nasdaq-listed gold reserve company Aurelion (NASDAQ: AURE) have announced a strategic partnership. They plan to launch tokenized shares rAURE, with Bitget serving as the primary trading platform for the asset upon listing. rAURE will be issued by Reality and pegged 1:1 to the underlying custodied US equity asset AURE.Aurelion is a listed company whose primary reserve asset is tokenized gold XAU₮ (Tether Gold). This partnership will bring the tokenized equity assets of a Nasdaq-listed gold reserve company into the Web3 trading market, driving the integration of listed company equities, asset tokenization, and the gold sector. After rAURE is listed, users will be able to trade it on Bitget 24/5 and combine it with other tokenized equities and digital assets for portfolio allocation, expanding cross-asset trading scenarios and enhancing asset allocation flexibility and capital efficiency.
Orochi Network Completes $8 Million Funding Round with Participation from Plutus VC and Others
Odaily reports: Orochi Network announced an additional $8 million in funding, bringing its cumulative fundraising to $20 million. The funds will be used to build verifiable data infrastructure for real-world asset (RWA) tokenization. This round received support from MEXC Ventures, Plutus VC, Bolts Capital, Ant Labs, and previous investors, and the project also received a grant from the Ethereum Foundation.Orochi Network stated that its verifiable database zkDatabase has launched on mainnet, having processed over 700 million proofs cumulatively with more than 10,000 downloads. It has established partnerships with projects such as Plume, Lumia, Nexus, and OG, and its alliance has over 120 enterprise partners. The network aims to use cryptographic technologies such as zero-knowledge proofs to verify the authenticity and integrity of asset data, providing data verification and audit infrastructure for applications including RWA, stablecoins, and AI.
Related news
Japan's Financial Services Agency Releases 609-Page Research Report on Overseas Crypto Regulation, Covering RWA Regulatory Frameworks in China, the US, Europe, and Hong Kong
Odaily reports: Japan's Financial Services Agency (FSA) has published a commissioned research report on overseas financial regulatory systems, totaling 609 pages and authored by the Japanese law firm Atsumi & Sakai. The report covers 8 countries and regions, including the United States, the United Kingdom, the European Union, China, and Hong Kong, and aims to provide reference for Japan's financial system planning and legislation.The report focuses on regulatory frameworks for crypto asset exchanges, stablecoins, and real-world asset (RWA) tokenization across various jurisdictions, including the US GENIUS Act, the EU's MiCA regulation, the UK's stablecoin regulatory proposal, and China's virtual currency and RWA regulations issued in February 2026. The report notes that under China's current rules, domestic RWA tokenized issuance, trading, and related services are in principle prohibited, except for businesses conducted with the consent of competent authorities and relying on specific financial infrastructure. Additionally, the report covers Hong Kong's expansion of the scope of tokenized securities trading and related market regulatory arrangements. (CoinPost)
Stellar Development Foundation Makes Strategic Investment in Marketnode to Expand Institutional Tokenized RWA Channels in Asia-Pacific
Odaily reports: The Stellar Development Foundation (SDF) has announced a strategic investment in Marketnode, an Asia-Pacific digital market infrastructure operator, to expand institutional investors' access to tokenized real-world financial assets through the Stellar network. Marketnode is backed by Euroclear, HSBC, Singapore Exchange Group, and Temasek, with operations covering the issuance, distribution, and servicing of funds, credit, and structured products, connecting asset management institutions, issuers, distributors, and qualified investors.
Chainlink Launches 24/7 Market Data Service, Aave Becomes First Partner
According to the official announcement from Chainlink, Chainlink 24/7 is now live, providing 24/7 on-chain market data for real-world assets (RWA) such as stocks and commodities, covering weekends and holidays, and supporting tokenized asset trading, collateral valuation, and on-chain risk management. Decentralized lending protocol Aave has become the first partner and will utilize this service for 24/7 collateral management.
Backpack and South Korea's SK Securities Reach Strategic Partnership to Expand Stock Trading Channels
According to official statements, Backpack has entered into a strategic partnership with SK Securities in South Korea, and plans to provide eligible global investors with access to trade Korean stocks through the Backpack app. This collaboration will combine SK Securities' expertise in the South Korean capital markets with Backpack's global user reach, and, building on its existing US equity securities platform, will further explore partnerships in the fields of tokenized securities and real-world assets (RWA).
Pendle Q3 Report: Revenue per Dollar of TVL Up 76% YoY, Token Buybacks Reach 3.2x Emissions
Pendle officially cited Alea Research's Q3 performance report on the protocol via X and summarized the following key data points:1. The RWA (real-world asset) market has moved from the periphery to the mainstream, accounting for 82% of TVL;2. TVL grew 43% in Q3 while incentives were cut by more than half (over 50%);3. Revenue generated per dollar of TVL increased by approximately 76% compared to the same period last year;4. Buyback volume reached 3.2x token emissions;5. PT collateral across Morpho, Aave, and Euler doubled to $497 million.
Hifi Finance Suffers Governance Takeover by DAO, Approximately $1 Million in User Collateral Drained
According to on-chain researcher Spreek, DeFi protocol Hifi Finance suffered a DAO governance takeover. The attacker gained control through four last-minute votes funded by Tornado Cash, subsequently minted 25 million governance tokens, and drained user collateral assets worth approximately $1 million, most of which were RWA tokens.