XPeng Robotics Raises $900M at $6.3B Valuation

This is a pure embodied-AI bet, not a crypto one, so its relevance to digital-asset readers is as a signal rather than a trade. The scale of the round, led by a mainstream venture name, shows where growth capital is currently flowing: robotics and physical AI, not tokenization. The open question is whether this capital intensity pulls talent and attention further from crypto-native RWA projects, or whether robotics eventually becomes a real-world asset class that tokenization tries to serve.