Core Insights - Grayscale Investments has announced updated fund component weightings for its DeFi Fund, Smart Contract Fund, and AI Fund following their third quarter 2025 reviews [1][2][3] Fund Adjustments - The DeFi Fund (DEFG) has removed MakerDAO (MKR) from its portfolio and added Aerodrome Finance (AERO) based on the CoinDesk DeFi Select Index methodology [2] - The Smart Contract Fund (GSC) has adjusted its portfolio by selling existing components and reallocating the proceeds to purchase existing components, maintaining its alignment with the CoinDesk Smart Contract Platform Select Capped Index [3] - The AI Fund has added Story (IP) to its portfolio while selling existing components, in accordance with its fund methodology [3][8] Fund Characteristics - None of the funds (DEFG, GSC, AI Fund) generate income and regularly distribute fund components to cover ongoing expenses, leading to a gradual decrease in the amount of fund components represented by shares over time [4] - The DeFi Fund aims to provide exposure to leading decentralized finance platforms through a market cap-weighted portfolio [9] - The Smart Contract Fund seeks to provide exposure to industry-leading smart contract platforms, also through a market cap-weighted portfolio [11] - The AI Fund focuses on protocols building decentralized AI services and solutions to centralized AI-related problems [16] Fund Performance - The DeFi Fund has not met its investment objective to reflect the value of fund components held, with shares trading at both premiums and discounts to such value [10]

RT Ignas | DeFi (@DefiIgnas)$ETH potential to pump is capped by its failure to be accepted as SoV.To buy and hold $ETH now you need to believe in its ability to become a store of value asset.Yes, $ETH can run to 10k with no fundamental change, but the current narrative of tokenization and RWAs is not enough to push it much higher without the SoV premium.This narrative can even backfire as new chains ALREADY compete for RWAs and stablecoin adoption with better features like privacy, speed, and low fees.Yet n ...

RT Chainlink Everything (@SmartContract)https://t.co/vFAfwtMAw3 ...

RT Chainlink Everything (@SmartContract)Join this upcoming X Space with Chainlink Labs' @77MichaelR and @James_Haight as they dive into the biggest @Chainlink news from @Sibos.🗓️ October 1, 2025⏰ 12PM ETSet a reminder ⬇️https://t.co/51TmmyLYtH ...

Future Development - The system's role will expand to support more complex equity corporate actions onchain [1] - This includes enabling events such as stock splits to be recorded and attested to across market participants [1] - The solution lays the foundation for automated corporate actions processing across major asset classes and jurisdictions [1] Industry Impact - The initiative is well-positioned to support a more integrated and efficient post-trade ecosystem [2] - Standardized data, trusted workflows, and cross-system interoperability are in place [2]

Core Insights - The distinction between a crowded mall with window shoppers and one with actual buyers applies to the cryptocurrency space, highlighting the importance of economically active users for generating revenue [1] - Solana has a large and economically active user base, making it an attractive option for investment [2] User Metrics - Active users are a critical metric for cryptocurrency networks, representing unique wallet addresses that generate revenue for applications on the chain, distinct from network fees [5] - Solana recorded approximately 27.1 million monthly active users during the 30-day period ending September 24, significantly outperforming Ethereum's 1.9 million active users despite Ethereum's larger market cap of $475 billion [6] Revenue Generation - Revenue-generating usage correlates with durable demand for block space and network fees, indicating a healthy ecosystem [6] - Solana's chain-level fees and decentralized application (dApp) revenue rank among the highest in the crypto sector, signaling real economic activity [6][8] Ecosystem Growth - A large and willing user base on Solana attracts more developers to create projects, further enhancing the ecosystem [7] - Increased utilization of the chain leads to higher demand for Solana's native token, necessary for paying network fees [8]

Governance by smart contractWhat DAOs mean for trust and coordination.Read more 👇https://t.co/QvJ2tT2wcC ...

COMMENT: The smart contract enables BUIDL and VBILL holders to exchange their tokenized assets for RLUSD 24/7, expanding access to stable on-chain transfers and DeFi strategies.BSCN (@BSCNews):RIPPLE PARTNERS WITH SECURITIZE TO ENABLE RLUSD SMART CONTRACT FUNCTIONALITY FOR BLACKROCK AND VANECK TOKENIZED FUNDS- @Ripple and @Securitize have announced a new smart contract integration that allows holders of BlackRock’s BUIDL and VanEck’s VBILL tokenized treasury funds to https://t.co/XM6W7m0xuo ...

Partnerships and Integrations - Ripple 与 Securitize 合作，为 BlackRock 的 BUIDL 和 VanEck 的 VBILL 代币化基金启用 RLUSD 智能合约功能 [1][5] - Securitize 将 RLUSD 集成到 XRP Ledger (XRPL) 中，进一步扩大 XRPL 生态系统和 Ripple 企业区块链解决方案的效用 [4] RLUSD Features and Adoption - RLUSD 旨在供机构使用，以 1:1 的比例由高质量的流动资产支持，接受严格的储备管理和第三方证明，确保稳定性和监管清晰度 [3] - RLUSD 自 2024 年底推出以来，在 DeFi 平台、跨境支付和流动性池中的市值已超过 7 亿美元 [3] Tokenized Asset Management - Securitize 管理着超过 40 亿美元的代币化资产，将此次集成视为机构级代币化产品实现可编程流动性和实时结算的突破 [4] - BlackRock 和 VanEck 等领先资产管理公司发行的代币化基金获得了更大的灵活性和合规性，为数字资产经济带来了更多的机构采用 [5] Smart Contract Functionality - 智能合约使 BUIDL 和 VBILL 持有者可以 24/7 全天候将其代币化资产兑换为 RLUSD，从而扩大了对稳定的链上转移和 DeFi 策略的访问 [2] - RLUSD for BUIDL 现已上线，VBILL 支持将在未来几天内推出 [2] Timeline - 该集成于 2025 年 9 月 23 日公布，标志着 RLUSD 首次嵌入 Securitize 的代币化平台 [2]

🚨JUST IN: @RIPPLE PARTNERS WITH SECURITIZE TO ENABLE RLUSD SMART CONTRACT FUNCTIONALITY FOR BLACKROCK'S BUIDL AND VANECK'S VBILL TOKENIZED FUNDS ...