It's been a week where the #digitalasset landscape has pressed on in its era of maturity, one driven by accelerating #Tokenization, expanding #stablecoin initiatives, and landmark #regulatory shifts. Get the link. Or opt for the TL;DR 🧵 on this week's #RWA weekly 👇🕉️
@galaxyhq is exploring #tokenizing its GLXY shares, engaging @superstatefunds for support—a significant signal from a major public crypto firm.
@bounce_bit x @FTI_Global unveiled BB Prime, a CeDeFi product combining tokenized U.S. Treasuries and DeFi strategies for yield stacking.
$7.5B+ RWAs tokenized on Ethereum as of early August—Ethereum dominates 83% of the market, underscoring growing institutional traction.
@BackedFi tokenized equities (Tesla, Apple, Nvidia) crossed $2B+ in trading volume, with over 10K holders of tokenized #Tesla stock alone.
Tokenized stocks surged 220% in July, per @BinanceResearch , estimating a $1.3T opportunity as adoption nears a tipping point.
@SECGov clarifies that #LiquidStaking protocols may not be securities, boosting confidence in projects like @LidoFinance and @RocketPool_Fi .
HK, Japan, and UAE show strong crypto momentum: HK opens stablecoin licensing, Japan eyes XRP/BTC ETF, and Dubai licenses OTC crypto options TO @LaserDigital_
CFTC greenlights spot crypto trading on registered futures exchanges—potentially reshaping U.S. institutional access to crypto.
@parataxis_cap merges with @silverbox to go public at $400M valuation and expand to South Korea—signaling continued Bitcoin institutionalization.
Corporate Ether treasuries hit 966,000+ ETH (~$3.5B) as more firms shift from BTC to ETH for affordability and blockchain strength.
China's first stablecoin is nearing launch, with Hong Kong emerging as a key hub under new legislation. @StanChart , @animocabrands & HKT form Anchorpoint Financial to pursue licensing.
@MetaMask USD (mmUSD) stablecoin is reportedly in development with @stripe , leveraging the M^0 protocol for off-chain issuance and settlement.
CaoCao & Victory Securities announced a strategic partnership to explore RWA tokenization, stablecoin payments, and HK digital currency issuance.
Security watch: Tornado Cash co-founder Roman Storm was convicted on one charge; WazirX faces scrutiny from India’s High Court post-$235M hack.
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