News linked to both this project and an event.
The Jiangsu Securities Regulatory Bureau issued a risk warning stating that recently, some institutions and individuals have been hyping the concept of Real-World Asset tokenization (RWA), attracting public investment with claims such as "backed by real assets," "principal guaranteed with high returns," and "low risk with stable appreciation." Such behavior may involve illegal criminal activities including illegal fundraising, fraud, and money laundering. Regulatory authorities emphasize that conducting financing activities under the name of RWA within mainland China constitutes illegal financial activity. Investors should enhance their risk awareness, stay away from related illegal financial temptations, and promptly report any suspicious clues to the competent authorities or file a report with the public security organs upon discovery.
AI 3D company VAST (Sanqi Wanwu) has announced the completion of Series B and Series B+ financing rounds, totaling approximately 3 billion yuan, led by Matrix Partners China. Perfect World, BlueFocus, Singdun Energy Investment, Yanqu Games, ThunderSoft, 37 Interactive Entertainment, as well as CDH VGC, CICC Capital, CMC Capital and others participated as co-investors, with existing shareholders Fortune Capital, Primavera Capital, and Source Code Capital continuing to follow up. According to official sources, VAST has raised approximately 5 billion yuan in cumulative financing in less than six months.It is also reported that VAST has released the latest version of its flagship 3D foundation model, Tripo P2.0, from the Tripo P series. The funds from this round of financing will be invested in the iteration of 3D native models and data capabilities, expansion of training and inference infrastructure, product development, and commercial implementation. (Sina Finance)
According to Chaoxiang Research, JPMorgan’s September 6, 2026 research report highlights four reasons supporting a bullish stance on US equities despite heightened volatility in interest rates, exchange rates, and oil prices: strong growth (GDP and EPS forecasts continue to be raised), interest rates are not too high (rising yields reflect economic expansion rather than monetary tightening), the US favors a weak dollar policy, and hedge fund positioning remains neutral to light. August nonfarm payrolls added 162,000 jobs, far exceeding expectations; however, whether to hike rates in September hinges on the September 11 CPI data, with JPMorgan projecting core CPI to rise 0.21% month-over-month. The MSCI World Index has gained 12% year-to-date, while the 10-year US Treasury yield has climbed by only 60 basis points, and earnings growth is currently absorbing valuations.
Volcengine unveiled its embodied AI solution at the 2026 World Robot Conference, providing end-to-end closed-loop data capabilities spanning data collection, processing, annotation, management, simulation, and training. Yang Liwei, Vice President of Volcengine, stated that the company is advancing the engineering deployment of core scenarios in partnership with the Seed team. Currently, 15 of China's top 20 embodied AI companies by valuation have established deep collaborations with Volcengine, including Shangwei New Materials, Xinghaitu, Qianxun Intelligence, Zibianliang, Daxiao Robotics, Qiongte Intelligence, and Jubrao Panshi.
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
Odaily Odaily News: AIX Ventures co-founder Shaun Johnson has announced the launch of the AI fund 224 Ventures, which currently manages approximately $100 million in assets and plans to invest $1 million to $5 million in AI-native teams. The fund's investment focus covers AI applications, robotics, infrastructure, and core intelligence. The fund has 244 LPs, most of whom come from the AI industry, including researchers, product and engineering leaders, and enterprise AI and data executives. Former Meta Chief AI Scientist and Turing Award winner Yann LeCun, along with former Google DeepMind researcher Oriol Vinyals, have also announced they will join to co-lead the fund.LeCun also currently serves as Executive Chairman of AI startup AMI Labs, a company focused on "World Models" technology, which has completed over $1 billion in seed funding. (Bloomberg)
: Global payments company PayPal reported its second-quarter earnings, with earnings per share of $1.26, compared to $1.30 in the same period last year, falling short of the analyst consensus estimate of $1.28. Revenue reached $8.68 billion, surpassing last year's $8.29 billion and exceeding the analyst consensus estimate of $8.47 billion. PayPal recorded a non-GAAP adjustment of $81 million, related to gains and losses from strategic investments and crypto assets held for investment purposes. PayPal stated that since the company does not actively trade these assets and does not rely on them to fund ongoing operations, it excludes the related gains and losses from non-GAAP results. In its second-quarter investor presentation, PayPal stated that the company is leveraging its payments network, risk infrastructure, and trust capabilities to expand agent-based payments, stablecoins, identity, and biometric technologies. PayPal also noted that its PayPal World platform facilitated approximately $200 million in total payment volume between Venmo and PayPal.
On-chain data shows that the Worldcoin Foundation sold approximately 217.4 million WLD tokens to institutions such as Pantera Capital, raising approximately $52.5 million. Based on the transaction amount, the transaction price was approximately $0.24, representing a discount of approximately 36% compared to the market price, and the relevant tokens are subject to a one-year lock-up period.
the World Foundation has announced the completion of a $52.5 million fundraising through a strategic sale of WLD tokens. The round was led by Pantera Capital, with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto, and others. The World Foundation is the non-profit organization behind the World protocol. The WLD tokens sold in this round will be locked for one year and are intended for use within the World Network, and do not represent any investment rights, profits, or return entitlements.
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)
: U.S. prediction market platform Kalshi experienced explosive growth during the 2026 World Cup, with platform trading volume soaring from $6.67 billion on June 22 to $24.2 billion on July 14. The single "World Cup Champion" prediction market saw trading volume exceed $1.2 billion. Kalshi stated that its growth reflects a new trend in the AI era: as the volume of AI-generated content increases substantially, authentic, real-time, and non-replicable human interaction scenarios are becoming scarcer, positioning prediction markets as a novel tool for observing public sentiment and collective judgment.Meanwhile, Kalshi is seeking to transform from a sports prediction platform into the next-generation financial trading infrastructure. The company currently holds Designated Contract Market (DCM) status recognized by the U.S. Commodity Futures Trading Commission (CFTC) and plans to expand into more prediction areas including sports, geopolitics, culture, and economics. (Fortune)
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
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)
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.
: "White-Haired Stock God" Serenity posted on platform X, stating that based on the capital flow direction in China's private VC market, institutions are currently pouring into fields related to Physical AI and World Models on a large scale.Data shows the approximate capital distribution as follows: Large Models/LLMs at about $23.56 billion, AI Infrastructure and Technology Layer at about $15.74 billion, Embodied Intelligence/Physical AI at about $13.36 billion, AIGC Applications at about $8.79 billion, and Autonomous Driving plus other top 20 sub-sectors totaling about $3.82 billion (note: metrics may not be directly comparable).Serenity pointed out that early-stage pure foundational model financing is largely closed, with capital more concentrated in existing leading companies and the World Model direction. He expects this trend to also appear in the US, potentially concentrating further towards leading companies like Anthropic and OpenAI. Regarding AIGC applications, Serenity believes this track's commercialization is already relatively mature, but an absolute winner has yet to emerge, exhibiting a fragmented competitive landscape in both China and the US markets.Overall, Serenity concluded that current AI investments continue to flow into infrastructure and the semiconductor supply chain. Meanwhile, capital is rapidly rotating towards Physical AI and Embodied Intelligence, but the World Model track still lacks direct investment targets.
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).
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.
: Digital Asset Clearing Center (DACC), a tokenized financial market infrastructure provider, announced the completion of a $10 million strategic financing round. Participants included Conflux, Global InfoTech, Fosun International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower. DACC currently offers financial institutions an end-to-end "Clearing-as-a-Service" solution. The new funds will support the construction of its compliant financial settlement and clearing infrastructure. (Aastocks)
: 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)