RWA tokens surge 11% weekly as onchain value peaks at $29B
The total onchain value of real-world assets has almost doubled since the start of the year as financial institutions flood into the space.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The total onchain value of real-world assets has almost doubled since the start of the year as financial institutions flood into the space.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle Switches On Arc Blockchain and Mints 10 Billion Tokens It Has Not Promised to Sell
Circle switched on the public mainnet of Arc, its Layer 1 blockchain, on Wednesday, and said it had minted the entire opening supp...
Strategy buys back nearly $1B in preferred stock STRC to stabilize price near par value
Strategy's buyback stabilizes stock value, but reliance on cash reserves and potential shareholder dilution could impact long-term...
Ripple Joins Velocity, Targets Payment Back End With $10 Million Extension
London-based Velocity has raised an additional $10 million, extending its Series A to $48 million at a $200 million post-money val...
Bitcoin ETFs Had Their Worst Day Since June Following Failed Clarity Act Vote
Bitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
Bitcoin Suffers Biggest Drop Since June as Senate Blocks Landmark Crypto Market-Structure Bill
Bitcoin fell more than 5% to $75,010 and Ether dropped 8% after the Senate blocked the Clarity Act, leaving US crypto regulation w...
Payward to offer onchain perpetual futures to US clients via Hyperliquid HIP-3
Payward's move could reshape U.S. derivatives markets, highlighting regulatory dynamics and influencing Hyperliquid's market traje...