Flash News

TREE NEWS reports: EthHub founder提出了ERC-8391标准，为代币化股票和RWA提供资产状态接口。该提案旨在标准化链上资产的状态管理，促进传统金融与DeFi的融合。

TREE NEWS update: In June, foreign investors poured $133.5B into US markets but sold $29B in short-term Treasury bills, favoring equities over government debt. This shift highlights the US government’s growing reliance on stablecoin issuers like Tether and Circle, whose reserves in T-bills could offset declining foreign demand, though recent token issuance is too small to explain the selloff.

TREE NEWS update: Standard Chartered Bank (Hong Kong) has become the first bank to distribute a Hong Kong dollar-backed stablecoin, marking a significant step for regulated stablecoin adoption in the region. The move aligns with Hong Kong’s new stablecoin licensing regime, positioning the bank as a pioneer in bridging traditional finance with digital assets.

TREE NEWS update: Fasset has raised $68 million in a Series C round led by Japan’s SBI Group, bringing its valuation to $1 billion. The funds will support the launch of a digital bank in Malaysia and expansion of stablecoin payment services.

TREE NEWS reports: Robinhood CEO Vlad Tenev discussed the launch of Robinhood Chain, noting that the surge of meme coins was unexpected but that tokenized stocks are a key feature. He expressed long-term optimism for Bitcoin and addressed concerns about AI and stock market bubbles, as well as criticism of prediction markets.

TREE NEWS reports: RootData’s tokenized asset data shows that over the past 24 hours, Binance, OKX, and Gate ranked in the top three for TradFi asset trading volume. This indicates growing activity in the tokenization of traditional financial assets on centralized exchanges.

TREE NEWS update: RootData’s latest data on tokenized assets shows Bitget ranking first in TradFi asset depth. The report highlights the growing convergence of traditional finance and digital assets.

TREE NEWS update: Fasset, a digital asset platform, has raised $68 million in funding at a $1 billion valuation, with SBI Group as the lead investor. The round highlights growing institutional interest in crypto infrastructure and tokenized assets.

TREE NEWS update: Eric Trump denies launching a new token, calling related news fraudulent. Vitalik Buterin publishes research on ‘local mixing’ as a novel cryptographic primitive. South Korea’s KRX plans to launch a new securities market on Nov 16, enabling trading of tokenized real-world assets like art and real estate.

TREE NEWS update: CZ commented that combining memecoins with tokenized stocks is a novel and interesting innovation, but emphasized the importance of issuers’ ability to fulfill obligations. The trend, mainly on BNB Chain, gives memecoins new utility by offering tokenized stock yields. However, concerns remain over asset custody, compliance, and revenue distribution.

TREE NEWS reports: Fairmint CEO warns that tokenized stocks could face a ‘paper crisis’ similar to Wall Street’s 1960s backlog, as regulatory and operational challenges emerge. He suggests that without proper infrastructure, the tokenization of real-world assets may struggle to scale efficiently.

TREE NEWS reports: South Korea plans to launch a new securities market in mid-November, marking a key turning point for the Security Token Offering (STO) market. The move aims to integrate traditional finance with digital assets, potentially boosting RWA tokenization.

TREE NEWS reports: MANTRA Chain has resumed block production after a temporary halt, with user funds unaffected. The network is operational again, and no loss of assets has been reported.

TREE NEWS update: Bitcoin surged toward $77,000 in three days, while Ethereum jumped 20%, approaching $2,400. As capital rotates from majors to altcoins, analysts highlight high-quality projects with real users and revenue, including SOL, SUI, UNI, AAVE, MORPHO, HYPE, LINK, and ONDO. They caution that only projects with strong fundamentals will benefit from the spillover.

TREE NEWS reports: Grayscale’s GLNK exchange-traded fund has increased its LINK holdings, pushing total assets under management past $124 million. This reflects growing institutional interest in Chainlink’s token as a real-world asset play.

TREE NEWS reports: Uniswap founder Hayden Adams announced that tokenized stock trading volume on the Robinhood chain has reached $1 billion for the first time. This milestone highlights the growing integration of traditional finance assets with decentralized exchanges.

TREE NEWS update: The RISE program, backed by Digital Asset and the Paul Ryan Foundation, will leverage the Canton Network to streamline and distribute state-administered benefits across three US states starting in 2027. This initiative marks a significant step in applying blockchain technology to public welfare systems.

TREE NEWS update: Galaxy Research’s Alex Thorn reports that the SEC proposed ‘Regulation Crypto Assets’ on August 18, the first securities rules tailored for crypto asset issuance and sales, potentially allowing qualified token projects to legally offer to the public and establishing a mechanism to terminate investment contract status. The framework includes four stages: funding, disclosure, build-out, and exit, aiming to resolve regulatory uncertainty for existing tokens. If passed, it could usher in a ‘legal ICO 2.0’ in the US.

TREE NEWS reports: Kraken is reportedly the first centralized exchange to test Hyperliquid’s compliance-focused HIP-3 feature, with 10 wallets already whitelisted. This marks a significant step in integrating compliant trading tools into CEX operations, potentially bridging TradFi and DeFi.

TREE NEWS reports: Dubai-licensed RWA Layer 1 MANTRA has halted its chain since Thursday evening due to an incident affecting two wallets it controls. The protocol claims no user funds were taken, though it hasn’t confirmed whether any assets left those wallets.