From Treasuries to Stablecoins: The Future of Tokenized Assets with OpenEden [Brought to you by @OpenEden_X] https://t.co/CUPbKGpVu5 ...

Partnerships and Collaborations - Chainlink collaborated with UBS and Swift to enable financial institutions to manage digital asset workflows from existing systems [1] - Chainlink Labs' President of Capital Markets joined leaders from Swift, BIS, Goldman Sachs, and Santander to discuss interoperable, multi-chain financial systems [2] Technological Advancements - Chainlink announced a technical solution for financial institutions to manage digital asset workflows using Swift messaging and Chainlink [1] - Introduced the Chainlink Digital Transfer Agent (DTA) technical standard to support tokenized assets while aligning with existing regulatory frameworks [1] Industry Engagement - Chainlink hosted a happy hour, bringing together global financial leaders for discussions and networking [2]

Core Insights - The report by Animoca Brands highlights Bitget's UEX concept as a leading example of centralized platforms evolving from cryptocurrency trading to integrating tokenized assets and real-world finance [2][3] - Centralized exchanges are crucial in driving cryptocurrency adoption, transitioning from simple OTC trading to multi-layered financial platforms [2] - The next phase of adoption for centralized exchanges will depend on their ability to expand beyond trading functions to become one-stop portals for payments, DeFi, and tokenized assets [2][3] Industry Evolution - Bitget's UEX strategy reflects a growing market demand for hybrid models that seamlessly connect trading, investment, and real-world applications on a single platform [3] - The report emphasizes that exchanges like Bitget are transforming from liquidity hubs to cultural and financial gateways for the entire industry, integrating gaming, payments, identity, and tokenized assets [3] - The most likely leaders in the industry will be exchanges that build trust with institutions while promoting retail adoption through culturally relevant activities and simplified user experiences [3] Company Overview - Bitget, established in 2018, is the largest panoramic exchange (UEX) globally, serving over 120 million users across more than 150 countries [5] - The platform offers innovative trading solutions, including copy trading features, and provides real-time cryptocurrency price information [5] - Bitget Wallet supports over 130 blockchains and millions of tokens, facilitating multi-chain trading, staking, and payments, connecting to over 20,000 decentralized applications [6]

Key Announcement - Keel_Fi, a Solana-native capital allocator and liquidity layer, is now live [1] - Keel_Fi aims to bring $2.5 billion to fuel growth for DeFi, RWAs, and tokenized assets on Solana [1]

Investment Opportunity - Republic plans to offer global investors the opportunity to buy, sell and trade Animoca Brands tokenized on Solana [1] Platform and Technology - Animoca Brands will be tokenized on Solana [1]

RT Sei (@SeiNetwork)$15M tokenized on day one.Sei is now the #2 EVM chain for Apollo ACRED by @securitize, behind only Ethereum.What the EVM is to institutions for security and reliability — Sei is for global-scale settlement.RWAs Move Faster on Sei. ($/acc) https://t.co/hFZqaEFlkO ...

Chainlink will be at @Sibos 2025.Connect with @chainlinklabs at Stand I016 & attend speaking sessions with Chainlink leaders on:• The Future of Digital Assets in the Capital Markets | Chainlink, DTCC• Going from POCs to Production: Unlocking the Full Potential of Tokenized Assets in the Capital Markets | Chainlink• Interoperating Platforms: Realising the Opportunity of New Models | Chainlink• Corporate Actions: Breaking the Automation Barrier | BNP Paribas, Broadridge Financial Solutions, Chainlink, Euronex ...

As #BitgetTurns7, CEO @GracyBitget unveils the world’s largest Universal Exchange #UEXBringing crypto, tokenized assets & TradFi under one roof.Full story via @CCNDotComNews ⤵️https://t.co/odUlQtA34q https://t.co/MCUUv5fxg4 ...

Overview - LlamaGuard NAV is introduced as a risk-adjusted oracle solution for pricing tokenized real-world assets (RWAs), developed through a collaboration between Chainlink, LlamaRisk, and Aave [1] - LlamaGuard NAV enhances the delivery of Net Asset Value (NAV) data onchain by incorporating smart dynamic price bounds, leveraging Chainlink's decentralized oracle network and LlamaRisk's risk management expertise [1] Implementation and Upgrades - The initial implementation of LlamaGuard NAV is live and integrated with Aave Horizon, a lending market in DeFi for institutions borrowing stablecoins against RWAs [2] - Future upgrades to LlamaGuard NAV will utilize the Chainlink Runtime Environment (CRE) for increased modularity and extensibility [2] Market Opportunity - The market for tokenized RWAs totals over $30 billion and is expected to grow rapidly, increasing the need for infrastructure to manage risk in RWA markets [3] Solution and Benefits - LlamaGuard NAV provides Aave with an automated risk management solution based on macroeconomic data, aiming to scale the adoption of tokenized assets across DeFi [4] - The solution combines Chainlink's infrastructure for onchain data delivery with LlamaRisk's expertise in protocol risk management [4]

Core Insights - The article discusses Arjun Sethi's vision for using blockchain technology to address financial system obstacles, particularly for employees needing to exercise stock options [1] - Sethi's leadership at Kraken, a cryptocurrency exchange, is highlighted as the company prepares for an IPO, aiming for a $15 billion valuation [5][13] - Kraken's strategy includes expanding its offerings to retail customers through innovative products like xStocks, which allow trading of tokenized equities [9][10] Company Overview - Kraken was founded in 2011 and has maintained a strong reputation in the crypto industry, focusing on professional and institutional clients [5][12] - The company has recently made significant acquisitions, including NinjaTrader for $1.5 billion, which expanded its customer base by 2 million [9] - Kraken has raised $500 million in funding to prepare for its IPO, marking a shift from its previous reliance on minimal venture capital [13][14] Leadership and Management - Sethi, as co-CEO, is noted for his data-driven approach and unconventional leadership style, which has led to significant executive turnover at Kraken [4][21][23] - The co-CEO structure is described as somewhat of a fiction, with Sethi taking the lead on decision-making despite sharing the title with Dave Ripley [20] - Sethi's management style has been characterized as disruptive but necessary for preparing the company for its IPO [25] Market Position and Future Outlook - The article indicates that Kraken is well-positioned in the crypto market, with nearly $80 million in post-Ebitda earnings and over $411 million in revenue in Q2 [14] - The company is facing pressure to expedite its IPO plans amid a changing market landscape, with concerns about overvaluation and potential market downturns [27][28][29] - Sethi's vision for the convergence of traditional finance and crypto could enhance Kraken's market position and profitability in the long term [30][31]