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RAAC, I-ON Digital, to Make $200M of Tokenized Gold Available to Investors
Crowdfund Insider· 2025-10-05 20:12
Core Insights - RAAC is partnering with I-ON Digital Corp. to provide $200 million of tokenized gold for on-chain investment opportunities, positioning itself among the top 15 RWA protocols in DeFi by total value locked (TVL) [1][2] Group 1: Partnership and Investment - I-ON Digital will introduce its gold-backed digital asset ION.au into RAAC's ecosystem, starting with an initial investment of $200 million [2] - RAAC plans to launch pmUSD, a stablecoin partially collateralized by ION.au, aimed at decentralized investment strategies [2] Group 2: Investment Opportunities - Investment strategies will include structured yield opportunities across tokenized assets such as gold and other precious metals, as well as real estate, utilizing mechanisms like auto-compounding DeFi vaults and gold-backed lending markets [3] Group 3: Institutional Support and Validation - RAAC is a Chainlink Build Project and is backed by Chainlink proof-of-reserves, ensuring trustless validation for institutional partners [4] - The partnership with I-ON includes an investment of up to $1 million in RAAC as part of the newly formed RWA Federation, which will guide the development of RAAC's RWA open finance ecosystem [6] Group 4: Vision and Future Outlook - The collaboration is seen as a significant step towards integrating physical assets into decentralized finance, aiming to create steady, income-bearing investments in DeFi [5] - I-ON Digital's CEO emphasized the commitment to transforming decentralized finance through the tokenization of real-world assets and the introduction of asset-backed stablecoins [7] Group 5: Community Engagement - RAAC recently launched its genesis NFT collection, RAAC Bots, which was minted in under 10 seconds and has attracted a community holding over $30 million in on-chain capital [8] Group 6: Accessibility - RAAC is currently in testnet and is available to non-US persons, indicating a focus on global accessibility in the RWA economy [9]
PayPal's PYUSD Stablecoin Tops $1 Billion Market Cap After Spark Partnership
Yahoo Finance· 2025-10-04 15:45
Core Insights - PayPal has embraced cryptocurrency by enabling crypto purchases, offering digital wallets, and launching its own stablecoin, PYUSD, which recently surpassed a $1 billion market cap after partnering with Spark [1][2]. Group 1: Stablecoin Market Dynamics - PYUSD's market cap has increased by over 100% in the past year, indicating a growing demand for stablecoins as investors seek to benefit from crypto without volatility [2]. - PYUSD is currently the ninth largest stablecoin by market cap, reflecting its rising prominence in the market [2]. Group 2: Partnership with Spark - The partnership with Spark enhances PayPal's ability to issue stablecoins effectively, positioning it as a leader in the stablecoin industry while validating Spark's business model [3]. - Spark provides stablecoin infrastructure and liquidity, which benefits both companies by boosting demand for stablecoin solutions [3]. Group 3: Competitive Landscape - PayPal's entry into decentralized finance allows it to compete with other fintech firms like Visa and Mastercard, which are also partnering with crypto companies [4]. - The use of stablecoins can disrupt traditional finance by eliminating middlemen, leading to lower transaction costs for merchants [4][6]. Group 4: Strategic Advantages - Stablecoins can help PayPal maintain its market leadership and enhance customer engagement, particularly among the next generation of consumers [5]. - By adopting stablecoins, PayPal positions itself to capitalize on the next major financial trend, avoiding the fate of companies that failed to adapt to technological changes [7].
X @BNB Chain
BNB Chain· 2025-10-04 12:00
A week in numbers for BNB Chain:🔸 4.3M+ average DAU🔸 134M+ transactions🔸 $15.2B+ in TVL🔸 $85.4B+ in trading volumeNew minimum gas fee on BSC, Franklin Templeton integration, BNB Singapore & BNB Seoul event highlights and more.Catch the full update 👇https://t.co/E5kcvjJDr3 ...
X @Solana
Solana· 2025-10-04 02:54
RT The Defiant (@DefiantNews)Why is Solana making waves in DeFi? 🚀In this episode of The Defiant Podcast, we chat with @ben_solstice, CEO of @solsticefi, about:✨ Solana’s speed, scalability & institutional adoption✨ The rise of yield-bearing stablecoins✨ How DeFi is unlocking financial freedom globally🎧 Listen now: https://t.co/McbGA9ebDp ...
X @Messari
Messari· 2025-10-03 13:00
Overview - Numerai 正在测试加密代币是否可以与机构对冲基金经济学相结合 [1] - $NMR 是去中心化金融领域最有趣的实验之一,具有众包模型、摩根大通的支持和独特的代币设计 [1] Valuation & Potential - 一份模型显示,$NMR 可能重估上涨 xx%,在适当的条件下有 xxx% 的上涨空间 [1] - MessariCrypto 发布了一份关于 Numerai 的估值报告 [2]
NextGen Digital Platforms Inc. Responds to OTC Markets Request on Recent Promotional Activity
Globenewswire· 2025-10-03 01:00
Core Viewpoint - NextGen Digital Platforms Inc. has been involved in promotional activities regarding its common shares, which were disclosed following a request from OTC Markets Group Inc. The company acknowledges its engagement with Gold Standard Media LLC for investor relations and advertising services, which included the distribution of promotional materials [1][2][3]. Group 1: Promotional Activities - On September 29, 2025, OTC Markets informed the company about promotional activities related to its shares, including newsletters published by Gold Standard Media LLC discussing the company and its Bittensor business [2]. - The company entered into an advertising agreement with Gold Standard Media LLC on July 28, 2025, and was aware of the promotional activities since that date [3]. - The company provided publicly available information for the marketing materials, which were reviewed and approved by management for factual accuracy [5]. Group 2: Company’s Position on Promotional Impact - The company does not believe that the promotional activities were the primary factor for any increase in trading volume but rather that they increased investor interest and awareness [6]. - After inquiries, the company confirmed that no directors, officers, or third-party service providers were involved in the creation or distribution of promotional materials beyond what was disclosed [7]. Group 3: Recent Share Transactions - The CEO of the company purchased 300,000 shares in the past 90 days, indicating insider confidence [8]. Group 4: Investor Relations and Services - The company has engaged several third-party service providers for investor relations and marketing services over the past twelve months, including Gold Standard Media LLC, Tafin GmbH, and others [9]. Group 5: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, aiming to develop innovative financial structures aligned with decentralized finance [11]. - The company also operates PCSections.com, an e-commerce platform, and a hardware-as-a-service business supporting the artificial intelligence sector [12].
Australia’s Fitell Adds 216.8M $PUMP to Solana Treasury – Stock Sinks 14% on Debut Buy
Yahoo Finance· 2025-10-02 17:57
Core Insights - Fitell Corporation has made its first direct purchase of 216.8 million Pump.fun (PUMP) tokens valued at $1.5 million, indicating a commitment to the Solana ecosystem and its digital asset treasury strategy [1] - The company aims to become the largest public holder of Solana in the Asia-Pacific region, supported by a $100 million credit line to implement its treasury strategy [2][6] - Fitell is undergoing a rebranding to Solana Australia Corporation, focusing on staking, yield generation in decentralized finance, and structured products [3] Company Strategy - The acquisition of PUMP tokens is part of Fitell's broader strategy to diversify its treasury and participate in Solana's growth [2] - Fitell plans to provide updates on future digital asset allocations as it expands its portfolio [2] - The company has appointed David Swaney and Cailen Sullivan as advisers to guide its digital asset expansion, leveraging their extensive experience in the industry [4] Market Response - Despite the strategic acquisition, Fitell's stock has faced pressure, closing at $5.20 on October 2, down 13.62% for the day and nearly 15% over the past five trading sessions, indicating investor caution [5] - The company is also pursuing a dual listing on the Australian Securities Exchange to enhance investor access [6] Industry Context - Solana's adoption as a corporate treasury asset is increasing, with institutions holding nearly 18 million SOL, valued at approximately $4.07 billion, reflecting a growing trend among public companies and investment groups [7]