News linked to both this project and an event.
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.
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 to build the next-generation global financial markets.
Odaily Odaily: In response to recent community discussions, the Aave CEO issued a statement clarifying that Aave will never sell AAVE tokens at a 70% discount.According to the "Aave Will Win (AWW)" proposal, 100% of the revenue generated by the Aave protocol and the GHO stablecoin belongs to AAVE token holders. This principle also applies to all product revenues, including Aave App, Aave Pro, and Swaps. As a service provider for Aave DAO, Aave Labs is solely responsible for protocol development and expansion and does not receive any protocol or product revenue.The Aave CEO revealed that Aave's current annualized revenue has reached $134 million, all of which belongs to Aave DAO. Additionally, the Aave brand and related software intellectual property rights belong to AAVE.Furthermore, the team is designing Aavenomics 3.0, which plans to introduce a new, automated, non-discretionary buyback mechanism. More details will be announced later. He stated that Aave's goal is not only to serve the crypto market but also the entire financial asset market, including Real World Assets (RWA).
Renaiss, a real-world collectibles liquidity infrastructure, announced the successful completion of a $1.5 million seed funding round, led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family, and Redline Labs. Angel investors include Mask Network, Far East Group, Logoman, Hoopi, and Legit App. Built on BNB Chain, Renaiss aims to connect third-party vaults, card shops, and custodial nodes via its Renaiss Vault OS, while Renaiss.XYZ serves as the application layer enabling users to access the on-chain collectibles market. Renaiss provides verifiable custody, standardized settlement, and on-chain liquidity for physical collectibles—eliminating friction in verification, custody, pricing, and cross-border transactions. This allows custodially verified collectibles to undergo ownership transfers on-chain and circulate globally in a trustless, permissionless manner. The funds will be used to expand the vault network, strengthen product development and integration with the Renaiss SDK ecosystem, broaden the range of supported collectible categories, drive global market expansion, and support infrastructure development for DeFi integration and AI Agents. Notably, Renaiss has been selected as a project in the third cohort of YZi Labs’ EASY Residency incubation program.
digital asset platform Gate has released its May 2026 transparency report. The report indicates that multi-asset trading and prediction markets are becoming key growth engines for the platform. As of the end of May, Gate had listed 605 CFD trading assets, covering multiple categories including stocks, indices, forex, metals, and commodities, ranking among the top globally among crypto trading platforms in terms of asset count. Additionally, Gate Stocks allows users to trade over 10,000 US stocks and ETFs from major U.S. markets using USDT, covering the main U.S. securities trading markets and liquidity networks. The platform's direct IPO first-phase project, SpaceX, saw意向 subscription amounts exceed $100 million.Meanwhile, the platform continues to deepen its presence in the prediction market sector. Gate has deeply integrated Polymarket, launching features such as smart money tracking, wallet monitoring, top holdings, profit/loss statistics, and AI analysis. As the first CEX platform to integrate Polymarket, Gate continues to strengthen its advantage as a prediction market gateway, maintaining a leading position in user participation scale, market activity, and ecosystem influence.Furthermore, Gate's flagship event, WCTC S8, successfully concluded in May, attracting over 80,000 participants and 9,500 registered teams. The cumulative total weighted trading volume for the event exceeded $50 billion, with the CFD segment alone accounting for a cumulative trading volume of over $140 billion, reflecting the strong growth momentum of traditional financial assets within crypto trading scenarios. As stablecoins, RWA, asset tokenization, and prediction markets emerge as new growth engines for the industry, Gate will continue to expand its business layout in stocks, forex, and IPOs, aiming to build a comprehensive one-stop global digital financial services platform.
According to The Block, Web3 asset management platform XEFFY has completed a $20 million funding round, comprising a $5 million seed round and a $15 million private placement. The funds will be used to expand its Vault management platform, onchain real-world asset (RWA) infrastructure, global community growth, and ecosystem development via the XEFFY Fund.
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.
Odaily, Reality, the compliant RWA issuance platform under Bitget, has announced a partnership with Alpaca, a US-registered broker and self-clearing firm. Under the terms of the collaboration, Alpaca will provide Reality with broker infrastructure support, assisting it in integrating tokenized US stocks and ETF products within a regulated market framework, covering key areas such as clearing, custody, and trade execution.Founded in 2015, Alpaca is a developer-first broker infrastructure company. Its subsidiary, Alpaca Clearing, is a FINRA-registered broker-dealer and SIPC member, specializing in the custody and clearing of underlying assets. Through this partnership, Reality will further enhance its underlying infrastructure capabilities for tokenized US stocks and ETF products, offering eligible global users a more regulated and transparent access method.Gracy Chen, CEO of Bitget, stated that Reality is a key component of Bitget's UEX panoramic exchange strategy, with the goal of bridging traditional financial assets and on-chain infrastructure in a more practical manner. Yoshi Yokokawa, co-founder and CEO of Alpaca, expressed enthusiasm for the partnership with Reality, noting it will jointly advance the development of tokenized stock infrastructure and further enhance the accessibility of global financial services.
TownSquare, an infrastructure provider for institutional yields and cross-chain lending brokerage services, has partnered with Native, a non-custodial automated trading infrastructure, to launch a $10 million yield-generating vault on the Monad L1. This vault will support assets including USD1, USDC, cbBTC, and MON, offering higher yields than conventional lending through trading-based yield generation. This marks TownSquare’s first collaboration with a trading-based yield manager. The partnership aims to bring real-world asset (RWA) and stablecoin institutional yields to a broader user base. Native is a close partner of Binance Wallet and Buidlpad, having previously launched vaults for BNB and wETH on BNB Chain and Ethereum—demonstrating its stability, scalability, and ability to generate yields for liquidity providers (LPs) managing tens of millions of dollars. This initiative also represents the first trading-yield vault on the Monad chain. Native already operates credit pools across multiple EVM chains with over $35 million in liquidity, achieving daily trading volumes of $50–100 million and cumulative trading volume exceeding $25 billion. Its Proactive Market Making (PMM) structure enables retail users to access institutional-grade trading yields. TownSquare previously launched a $100 million USD1 liquidity program and has raised over $16 million to date—including funding from this collaboration.
: VanEck's tokenized U.S. Treasury fund, VBILL, has officially launched on the DeFi lending protocol Euler. The fund is issued and tokenized by Securitize. Investors can now use tokenized Treasury bonds as collateral for on-chain lending and liquidity operations, while meeting compliance restrictions.This move reflects that DeFi protocols are accelerating their transition towards institutionalization and compliance to attract traditional financial capital into the on-chain market. Data shows that the market size of tokenized U.S. Treasury bonds has surpassed $15 billion, growing approximately 150% over the past year. Traditional asset management giants such as BlackRock, Franklin Templeton, and Janus Henderson have all launched on-chain treasury or money market products.Euler has previously integrated Securitize's DS Protocol to support the inclusion of tokenized securities with investor qualification restrictions and transfer rules into its lending market. DeFi protocols like Aave are also expanding into institutional-grade RWA businesses.Institutions estimate that the market size for asset tokenization could reach $18.9 trillion by 2033. A Securitize executive stated that as traditional financial institutions enter the crypto space, DeFi protocols must find a balance between openness and compliance requirements. (CoinDesk)
Odaily reports: Bitget has announced the launch of Reality, a licensed financial protocol focused on the tokenization of Real World Assets (RWA). The issued tokenized stocks (rTokens) are strictly pegged 1:1 to the underlying US stocks, with assets custodied at a US securities broker-dealer that is FINRA-registered and SIPC-protected. Real-time proof of reserves is provided through third-party independent audits. By directly accessing liquidity pools from Nasdaq, NYSE, and other US stock exchanges, Reality's stock tokens can achieve liquidity on par with traditional brokerages. Meanwhile, stock dividends will be distributed 1:1 to user accounts in token form, cash dividends will be automatically converted into USDT for distribution, and stock splits and reverse splits will be mapped to on-chain tokens in real-time, offering an experience highly consistent with holding US stocks.Furthermore, the US stock tokens launched by Reality are deeply integrated with the Bitget ecosystem. They can be used, for example, as margin for unified accounts and are compatible with core product lines such as grid trading, copy trading systems, and staking/lending.Gracy Chen, CEO of Bitget, previously proposed the "10% Vision": Currently, tokenized stocks represent only 0.1% of the $125 trillion global stock market. She predicts this proportion will rise to nearly 10% by 2030. Reality is built on this trend. In its initial phase, it will focus on US stocks, and will later expand asset classes, driving the extension of Bitget's UEX strategy into a broader access layer for global financial assets.
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced the completion of its new Pre-A round of funding, bringing its total funding to $16.25 million. This capital will be used to accelerate the institutional adoption of USD1 and other RWA assets on World Liberty Financial.
non-custodial crypto wallet Sorted Wallet has completed a $4.4 million seed funding round, co-led by Tether and Gnosis with a $3.4 million equity investment. Vox Solutions provided an additional $1 million in strategic support, with angel investors including Movement, Angel Invest Group, and the founder of RWA.io also participating. (The Block)
According to The Block, non-custodial crypto wallet Sorted Wallet has raised $4.4 million in seed funding. Tether and Gnosis co-led a $3.4 million equity financing round, while Vox Solutions provided $1 million in strategic support. Angel investors—including Movement, Angel Invest Group, and the founder of RWA.io—also participated in the round.
Bitget Wallet has announced the completion of its RWA trading upgrade and integrated xStocks as a new source of tokenized stocks, providing users with global tokenized stock trading capabilities. From May 19 to June 14 (Beijing time), Bitget Wallet users who complete tiered trading tasks can receive up to $264 in rewards, with a total prize pool of $100,000. Additionally, users who hold, add liquidity to, or participate in the lending market for any xStocks token will receive a 20% exclusive xPoints bonus.Through this upgrade, users can now trade over 300 types of RWA tokens across Ethereum, Solana, and BNB Chain, covering various assets such as US stocks, ETFs, oil, precious metals, and country indices. The service supports 24/7 trading, low transaction fees, and gas-free execution, with trading starting from $0 and no minimum threshold requirement. Currently, Bitget Wallet supports a dual RFQ + AMM trading mechanism, enabling instant execution and effectively reducing spread slippage. It has also integrated AI market signals to assist in trading decisions.xStocks is developed in collaboration between Kraken and Backed. Its tokenized stock products adopt a 1:1 full collateral mechanism with underlying assets. Since its launch in June 2025, the platform has processed a cumulative trading volume exceeding $30 billion. This integration will further advance Bitget Wallet's "Everyday Finance, Onchain" strategy, aiming to enable users to conduct daily trading of traditional financial assets through on-chain wallets, breaking down the geographical and entry barriers imposed by traditional financial infrastructure.
According to CoinPost, Japan’s Liberal Democratic Party (LDP) Digital Society Promotion Headquarters’ “Next-Generation AI & On-Chain Finance Vision Project Team” released a policy proposal on May 19, advocating the integration of AI and blockchain to automate and enable 24/7 operation of decision-making, financing, and asset management—and designating finance as the “18th Growth Investment Sector.” Specific measures proposed in the document include: advancing tokenization of demand deposits at the Bank of Japan (including wholesale CBDC), with conceptual frameworks to be finalized by year-end; joint issuance of a stablecoin by Japan’s three major banks, targeting the launch of live operations by March next year; and promoting on-chain tokenization of real-world assets (RWAs), such as accounts receivable and real estate. At the international cooperation level, the proposal calls for establishing an “AI & On-Chain Finance Asia Policy Dialogue Framework” and advancing cross-border settlements using yen-denominated stablecoins, thereby realizing the “Global SC Corridor Vision.”
, RWA trading platform MSX Maitong has opened subscriptions for the second phase of Pre-IPO projects. This phase's projects include AI company Anthropic and prediction market platform Polymarket. The specific subscription arrangements are as follows:Anthropic subscription opens on May 16, 2026, at 12:00 (UTC+8), with a subscription price of 855U and a valuation of $950 billion.Polymarket subscription opens on May 16, 2026, at 12:00 (UTC+8), with a subscription price of 152U and a valuation of $15 billion.The MSX Maitong Pre-IPO section aims to provide investors with a product entry point for participating in pre-IPO investment opportunities in high-quality enterprises. Users can participate in related Pre-IPO projects with a relatively low barrier using USD stablecoins. Previously, the first phase Pre-IPO project Cerebras ($CBRS.M) completed the closed loop from subscription to spot trading after listing, with subscriber yields once exceeding 300%, providing a case study reference for the feasibility of the Pre-IPO track in Web3 trading scenarios.
: Datavault AI has released its first-quarter 2026 business update, disclosing that the company has signed tokenization contracts worth over $800 million. Of this, approximately $100 million in fees are expected to be recognized in 2026, achieving about $75 million in new contract value in the first quarter, further validating institutional demand for its Real World Asset (RWA) tokenization platform.In terms of assets and financing, the company has strengthened its balance sheet through a $60 million private placement and an additional $120 million in non-dilutive financing. It is also advancing the expansion of the SanQtum AI infrastructure platform across the United States, with plans to expand its quantum-safe GPU edge network by the end of 2026 and deploy approximately 48,000 GPUs. (Businesswire)
RWA trading platform MSX has announced that the second phase of its Pre-IPO segment is expected to officially open for subscription on May 16, 2026. The targets listed in this phase are AI large model leader Anthropic and prediction market representative platform Polymarket. The subscription price for Anthropic is 855U, with a valuation of $950 billion. The subscription price for Polymarket is set at 152U, with a valuation of $15 billion.MSX's first Pre-IPO project, Cerebras ($CBRS.M), has completed a closed loop from Pre-IPO subscription to spot trading upon IPO listing. Participating users achieved a yield of over 300% based on a subscription price of 100.35U. For details on the specific subscription quota, fee standards, and subsequent settlement arrangements for the second-phase projects, users can log in to the MSX platform page for more information.
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.