Lista DAO, a leading liquid staking protocol with $1.9B+ TVL, is integrating Chainlink Price Feeds to deliver tamper-proof price data for the lisUSD & USD1 stablecoins on BNB Chain.Chainlink’s reliable price data powers @lista_dao’s new tokenized RWA platform that enables permissioned assets to be used as collateral & borrowed against. ...

RT Token Terminal 📊 (@tokenterminal)Fastest growing RWA on @ethereum in the past 30d?@worldlibertyfi USD1, with supply up +121.5% in the past month. https://t.co/bfiNFYDdrr ...

BlackRock's BUIDL is on track to overtake USDT and become the biggest RWA on @Aptos. https://t.co/93JGqhkDwj ...

Core Insights - Zhou Liufu, a well-known jewelry brand in China, has announced a significant strategic investment in the digital asset sector by acquiring a 15% stake in Going Securities (HK) Limited through its wholly-owned subsidiary [2][5] - The investment is part of a broader strategy to integrate resources in cross-border payments, precious metals, and capital markets, aiming to explore new growth opportunities in Hong Kong's digital asset market [4][5] Company Overview - Zhou Liufu was founded in 2004 and has rapidly expanded, achieving revenues of 3.102 billion yuan, 5.150 billion yuan, and 5.718 billion yuan from 2022 to 2024, with a compound annual growth rate of 35.8%, significantly outpacing the industry average of 2.7% [11][12] - The company successfully listed on the Hong Kong Stock Exchange in June 2023, with its stock price rising from 24 HKD to 45.6 HKD, resulting in a market capitalization of approximately 20.092 billion HKD as of September 30, 2023 [12] Strategic Considerations - The investment in Going Securities marks Zhou Liufu's entry into the Real World Asset (RWA) sector, leveraging its substantial physical assets in gold and jewelry, which are stable and globally recognized [16][20] - The partnership with Weifutong, a provider of digital banking and mobile payment solutions, enhances Zhou Liufu's capabilities in the digital finance space [16][20] Market Context - The RWA sector is experiencing explosive growth, with projections suggesting that tokenized assets could reach a value of 16 trillion USD by 2030, driven by major financial institutions entering the market [18][20] - Zhou Liufu's move into digital assets is seen as a strategic attempt to embrace financial technology and expand its profit models, particularly in light of Hong Kong's efforts to become a leading digital asset hub [20] Investment Backing - Zhou Liufu's cornerstone financing round raised 572 million HKD, with notable investors including Jump Trading, a leading high-frequency trading firm and a significant player in the cryptocurrency space [22][24] - The involvement of Jump Trading is expected to influence Zhou Liufu's strategic decisions in the digital asset market [24]

Core Insights - Nvidia's market capitalization reached $5 trillion, marking a historic milestone for publicly traded companies, achieved in just 113 days, showcasing the explosive growth of AI technology [2][4] - In stark contrast, the cryptocurrency market is experiencing a severe downturn, characterized by capital flight, innovation stagnation, and a collapse of confidence [2][10] Group 1: Nvidia's Market Performance - Nvidia's valuation surpasses that of most countries' annual GDP, with its market cap exceeding the total value of global cryptocurrencies by $1.2 trillion [5] - The company's market cap is over 60% of the combined valuations of Apple and Microsoft, establishing it as a new benchmark in the tech industry [6] - The S&P 500 index has shown strong performance, with a return rate that has outpaced Bitcoin this year, positioning it as a safe haven for capital [6][18] Group 2: Cryptocurrency Market Decline - The cryptocurrency market, once thriving, is now facing a significant decline, with Bitcoin's market cap at approximately $2.3 trillion, accounting for 62% of the total crypto market [7] - Altcoins have suffered greatly, with a combined market cap of about $1.5 trillion, down nearly 30% since the beginning of the year, leading to liquidity crises for many tokens [9] - The shift in capital from cryptocurrencies to stocks is evident, particularly in the South Korean market, where the KOSPI index has surged nearly 71% this year [10][11] Group 3: Internal Challenges in Cryptocurrency - The cryptocurrency market is facing internal issues, with a 30% decrease in the number of developers on GitHub, indicating a halt in innovation [16] - Many altcoins lack clear use cases and have flawed economic models, leading to a reliance on speculative trading rather than real value creation [15] - The absence of regulatory frameworks has exacerbated the uncertainty in the crypto market, highlighted by recent events that have shaken investor confidence [22][23] Group 4: Comparative Analysis with Traditional Assets - In the competition with traditional assets, cryptocurrencies have failed to maintain their "high risk, high reward" appeal, as evidenced by the S&P 500's superior returns supported by solid corporate earnings [18][20] - Gold has emerged as a preferred safe-haven asset, with prices surpassing $4,300 per ounce, while Bitcoin struggles to transition from a risk asset to a reliable hedge [21][22] - The current capital migration reflects a preference for assets with visible profitability and controlled risks, making it challenging for cryptocurrencies to attract investment [24]

Fastest growing RWA on @ethereum in the past 30d?@worldlibertyfi USD1, with supply up +121.5% in the past month. https://t.co/bfiNFYDdrr ...

⚡️ LEARN: Why is crypto talking about RWAs in 2025?Higher yields, MiCA traction and blue-chip issuers have turned tokenization from pilots into products. https://t.co/EXGEFtN1Sl ...

ETF & Investment Products - Bitwise 推出了 SEC 批准的 Solana 质押 ETF (BSOL)，首日交易量达到 56 million 美元，在 2025 年的 850 个 ETF 发行中创下纪录 [1] - Grayscale 推出了 Solana Trust ETF (GSOL) [2] - 每周流入 Solana ETF 的资金为 417 million 美元，领先所有加密 ETP [2] Solana Network Activity - Solana 的总 RWA 价值达到历史新高 (ATH)，超过 800 million 美元 [1] - Solana 稳定币用户达到历史新高，约为每月 5 million 个独立地址，转账量达到 39 周以来的最高水平，每周交易额超过 500 billion 美元 [1] Partnerships & Integrations - Western Union 宣布他们将完全基于 Solana 构建，使用稳定币 USDPT 进行 150 个国家/地区的全球转账 [1] - Alpaca 集成了 Global Dollar，以便在 Solana 上访问 USDG [3] - CME Group 上 SOL 期货的单日交易量最高，10 月 28 日交易了 17400 份 SOL 期货 [3] - Republic 和 CoinList 推出了 rTTOK，这是一种对 ByteDance 的代币化敞口 [3]

格隆汇11月3日丨大禹节水(300021.SZ)在投资者互动平台表示，公司目前尚未产生RWA领域的业务收 入。 ...

（央链直播 北京讯）近日，聚焦区块链、数字资产与RWA（现实世界资产）融合的专业著作《链改 2.0：从数字资产到 RWA》凭借对"链改2.0时代"核心逻 辑的深度拆解与实践路径的清晰梳理，成功入选 2025年10月百道好书榜财经类第三名，成为当下数字经济与金融创新领域的热门读物。 图书 全球系列图书 中国移动通信联合会可信资产与数链金融专委会 中国通信工业协会区块链专委会、香港RWA全球产业联盟 本"RWA全生态战略布局。 中国出版集团 中译出版社 中国出版集L 中详出版社 - 共同出品 《链改 2.0：从数字资产到 RWA》由柳志伟、张烽、窦俊、佟世天、徐一仁、周胜、何超七位行业专家联合撰写，汇聚了区块链技术应用、金融资产数字 化、产业协同等领域的前沿实践经验。该书由中国出版集团旗下中译出版社2025年10月正式出版。作为"物链芯工程与央链全球系列图书"之一，由三大权威 机构——中国移动通信联合会可信资产与数链金融专委会、中国通信工业协会区块链专委会、香港 RWA 全球产业联盟，联合国富量子创新共同出品，本书 从学术高度与产业实践双重维度保障了内容的专业性与落地性。 全书以从数字资产到 RWA为核心主线，系 ...