Regulatory Landscape & Industry Growth - The US stance on cryptocurrencies and digital assets is a key factor determining the speed of industry growth [1] - Understanding in DC is growing that the industry's value extends beyond speculative coins to rebuilding the financial system [1] - The White House is actively involved in stable coin legislation and broader digital asset regulation [1] - There's a 70-80% chance of the Clarity Act happening before the midterms [4] - SEC and CFTC are showing unprecedented support for the crypto industry, potentially issuing guidance and rules even if the market structure bill fails [4] Chainlink's Role & Technological Advancements - Chainlink enables automated compliance and proactive regulation by codifying regulatory rules into smart contracts [1] - Chainlink Runtime Environment (CRE) simplifies the development of institutional smart contracts, reducing the time and number of developers needed [2] - Chainlink's confidential compute enables private smart contracts, unlocking trillions of dollars in transactions by allowing verification without disclosing sensitive data [3] - Chainlink is positioned to connect DeFi, traditional finance, and the blockchain world, managing complexity through CRE workflows [8][9] Tokenization & Market Dynamics - Tokenization, especially of assets beyond cash like stocks, bonds, and real estate, is expected to go mainstream next year [3] - The industry needs a flywheel of commercial and market success with high-quality assets on-chain and active trading [3][4] - DeFi's success is driven by a commercial loop, and institutional digital asset tokenization needs a similar pattern [3] - Institutional capital will eventually flow into DeFi, potentially 10x'ing DeFi overnight as clients seek higher yields [6]

Product Launches & Updates - Chainlink Runtime Environment (CRE) is now live, powering onchain finance [1] - Chainlink introduced Confidential Compute, unlocking private smart contracts on any blockchain [2] - Chainlink launched the Automated Compliance Engine (ACE) partner ecosystem with 20+ compliance providers [2] Banking & Capital Markets - UBS, with over $6 trillion in AUM, completed an in-production tokenized fund workflow using Chainlink DTA [3] - FTSE Russell, benchmarking $18+ trillion in AUM, collaborated with Chainlink to publish global indices onchain [3] - Tradeweb collaborated with Chainlink to publish U S Treasury data onchain [4] - WisdomTree, with $130+ billion AUM, collaborates with Chainlink to bring institutional-grade NAV data onchain [4] - SBI Digital Markets (SBIDM), part of SBI Group with ¥10+ trillion AUM, is adopting Chainlink as its exclusive infrastructure solution [5] - Chainlink is powering cross-border DvP settlement between the Central Bank of Brazil and Hong Kong Monetary Authority [5] DeFi & Tokenization - Lido, with $28+ billion in TVL, is upgrading to Chainlink CCIP for wstETH across all chains [7] - Chainalysis has entered into a strategic partnership with Chainlink to power advanced cross-chain compliance workflows using Chainlink ACE [7]

Group 1 - The Hong Kong FinTech Summit highlighted significant advancements in cryptocurrency regulation, showcasing Hong Kong's leading position in the Web3 space through initiatives like the licensing regime for virtual asset trading platforms and the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0" and "Stablecoin Regulations" [1] - Professor Wang Yang emphasized the need for a regulatory approach that empowers businesses rather than merely enforcing rules, advocating for a flexible and transparent regulatory framework to foster innovation and balance regulation with market vitality [1] Group 2 - New Fire Technology (1611.HK) reported substantial growth since its strategic shift to a "private banking-level digital asset custodian," with a significant increase in high-net-worth clients and an expected rise in asset management scale from $40 million to $500 million [2] - The launch of the new international business brand "Bitfire" aims to establish a global licensed trading matrix, drawing inspiration from the compliant exchange BitTrade in Japan, and will include various trading platforms such as Bitfire Exchanges and Bitfire Prime [2] Group 3 - The panel discussion on "Asset Tokenization" addressed core challenges such as transparency and legal integration, while the topic of "Institutional Liquidity and Future Exchange Forms" highlighted concerns over fragmented liquidity and opaque risk management, calling for collaborative efforts to build liquidity hubs [3] - Discussions on the integration of traditional capital with digital assets provided practical advice on areas like cognitive alignment, asset collaboration, and cross-jurisdictional compliance, emphasizing the importance of a secure framework for high-net-worth clients entering the crypto space [3]

Tokenized Assets Overview - The Ethereum network holds approximately $200 billion worth of tokenized assets or Real World Assets (RWAs) [1] - The report highlights the fastest-growing RWAs on Ethereum, including stablecoins and tokenized funds [1] Growth Metrics - The analysis is based on the 30-day growth percentage in market capitalization of these RWAs [1]

Lighter, a leading perp DEX and the biggest ZK-based Ethereum rollup, has adopted Chainlink Data Streams as its official oracle solution powering its RWA markets.With Chainlink, @Lighter_xyz gains access to high-fidelity pricing data for RWA markets, including commodities, equities, and FX.This pricing data powers critical protocol operations, such as triggering liquidations, calculating margin consumption, and triggering conditional/limit orders. ...

RT Keel (@keel_fi)If you were listening in on the spaces with @Solana, X experienced connection issues, and the spaces were split into two. We didn't get to the end, but we still covered lots of DeFi and RWA alpha 👀Catch up below ↓https://t.co/WA2SGCl3b6 ...

👷📊 Build with us!If you’re an issuer of tokenized assets & your product isn’t yet listed on Token Terminal, get in touch.We’re actively expanding coverage to ensure a fair & accurate representation of the rapidly growing RWA market sector.https://t.co/xxR7ZhRPeh ...

Join us in an hour with @keel_fi to chat Solana and the trillion-dollar RWA race https://t.co/EIm7CUUbrV ...

RT Avalanche Team1 (@AvaxTeam1)AVALANCHE OCTOBER 2025 ROUNDUP 🔺Institutional adoption is clear: RWA value on Avalanche rose past $1B to $1.25B across 42 assets, making it the 4th-largest chain by RWA TVL and 3rd for tokenized US Treasuries.Full blog with October updates by @Cee_ynthia below 👇 https://t.co/mQ1L3hDzal ...

Core Insights - New Fire Technology (1611.HK) has launched its international brand "Bitfire" to enhance its global digital asset management market presence [1][3] - The company aims to provide comprehensive services for high-net-worth individuals and institutional clients through its digital asset service product "Bitfire Prime v1.0 APP" [1][5] Company Strategy - Bitfire brand will be based in Hong Kong and will leverage the compliant exchange BitTrade in Japan to establish a global licensed trading matrix [3] - The strategy includes four core segments: Bitfire Exchanges trading cluster, private banking-level digital asset management product Bitfire Prime, Bitfire Hub for local exchange partnerships, and DAT Plus services for top-tier assets [3] Product Offering - Bitfire Prime APP v1.0 is designed to offer a one-stop comprehensive service covering account opening, trading, custody, asset management, investment banking, and trust services [5] - Users will benefit from a 1-on-1 dedicated concierge service with an average account opening time of 3.25 days, the fastest in the industry [5] Asset Management Growth - The company anticipates a significant increase in its asset management scale, projecting growth from $40 million to $500 million, a 12-fold increase, within three months post-product launch [6] - The high-net-worth client base has rapidly expanded, with institutional account openings increasing eightfold year-on-year, adding over 130 new clients and more than 50 institutional clients [6] Market Position and Performance - BitTrade, under New Fire, maintains the top trading volume record among local digital asset exchanges in Japan and ranks in the top 5 overall according to CoinGecko [6] - As of the end of September, customer asset growth rate reached 31% [6] Industry Outlook - The global macroeconomic environment is expected to improve, benefiting the virtual asset industry, with predictions of the Federal Reserve lowering interest rates by 200-225 basis points by the end of 2026 [7] - The acceleration of global regulatory frameworks is anticipated to expedite the tokenization of real assets (RWA), with projections indicating that the number of global digital asset holders will exceed 1 billion in the next three years [7]