🔥 BULLISH: The RWA market, excluding stablecoins, has surpassed $30B with 400K+ holders. https://t.co/attWU0osF3 ...

Tokenization & Private Credit Market - Private credit is a $2 trillion asset class well-positioned to benefit from tokenization [1][2] - Tokenization transforms private credit into a robust onchain asset class, representing 57% of the total RWA market value [1] - Scaling a $2 trillion private credit market onchain requires institutional-grade rails for global-scale settlement [2] Private Credit Characteristics - Private credit includes corporate loans, real estate debt, and consumer credit [1] - Private credit offers returns uncorrelated to public markets and meaningful premiums [1] - Historically, private credit is one of the most opaque, illiquid markets [1] Technology & Speed - Private Credit Moves Faster on Sei [2]

Market Overview - U.S. stocks experienced a decline, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow decreased by 0.35% to 46,129.26, the NASDAQ fell by 0.47% to 22,468.39, and the S&P 500 dropped by 0.40% to 6,630.54 [1] - Energy shares saw an increase of 1.9% on Wednesday, while materials stocks fell by 1.5% on Tuesday [1] Commodity Market - In commodity trading, oil prices rose by 2.5% to $64.97, while gold prices decreased by 1.3% to $3,767.30. Silver fell by 1.1% to $44.105, and copper increased by 3.8% to $4.8220 [4] European Market - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.01%, Spain's IBEX 35 Index increasing by 0.2%, London's FTSE 100 up by 0.29%, Germany's DAX 40 rising by 0.23%, and France's CAC 40 falling by 0.57% [5] Asian Market - Asian markets closed mostly higher, with Japan's Nikkei 225 gaining 0.30%, Hong Kong's Hang Seng surging by 1.37%, China's Shanghai Composite rising by 0.83%, while India's BSE Sensex fell by 0.47% [6] Company News - uniQure N.V. shares surged by 235% to $45.79 after announcing a $175 million non-dilutive senior secured term loan facility with Hercules Capital [8] - SHF Holdings, Inc. saw its shares increase by 120% to $7.18 following a $150 million common stock purchase agreement with CREO [8] - Lithium Americas Corp. shares rose by 97% to $6.05 after reports that Trump officials are seeking an equity stake in the company as part of a $2.26 billion loan renegotiation for the Thacker Pass lithium project [8] - WORK Medical Technology Group LTD shares plummeted by 88% to $0.1081 after partnering with Hong Kong Web3.0 Standardization Association for blockchain and RWA innovations [8] - Firefly Aerospace Inc. shares decreased by 33% to $0.7142, and Zhengye Biotechnology Holding Limited shares fell by 28% to $5.01 [8] Economic Indicators - Sales of new single-family homes in the U.S. increased by 20.5% from the previous month to an annualized rate of 800,000 units in August [10] - Building permits in the U.S. declined by 2.3% to an annualized rate of 1.330 million in August [10] - The volume of mortgage applications rose by 0.6% from the previous week in the week ending September 19 [10]

Event Overview - Korea RWA & Stablecoin Summit 2025 will be co-hosted by Undefined Labs and INF CryptoLab [1] - The summit will spotlight RWA fundamentals and stablecoins' role in Web3 [1] Participants - The summit will gather 20+ global financial institutions and Web3 leaders [1] Objectives - The summit aims to share insights and spark collaboration [1]

🚨JUST IN: ABU DHABI-BASED ORQO GROUP LAUNCHES WITH $370M IN RWAS, TARGETS GLOBAL ON-CHAIN ASSET MANAGEMENT WITH DEFI YIELD STRATEGIES FOR @RIPPLE’S RLUSD ~ COINDESK ...

RT Moonbirds (@moonbirds)Pre-orders for the 1st ever birb physical randomized collectible are now closed.This is the highest grossing RWA physical collectible primary sale on @solana ever.birbs in control. https://t.co/BuWpNxNy6e ...

Billions in RWA perp volume are flowing through @injective.Injective offers access to equities, FX, commodities, indexes, and even GPU rental rates.Markets run 24/7 and offer up to 25x leverage on stocks, 50x on commodities, and 100x on FX.Our latest report breaks it all down 👇Boomer (@0xBoomz):Injective’s RWA perpetuals are gaining traction.YTD @Injective has processed $1.68B in RWA trading volume (~$2.51B annualized).Mag 7 stocks have accounted for $698M in volume, 70.4% of Injective’s RWA trading activit ...

Market Overview & Growth - Solana 上的 Pokemon TCG RWA（Real World Assets，现实世界资产）领域获得关注，总收入超过 640 万美元，总交易额达 9500 万美元[1] - Gacha 盲盒系统是主要收入来源，该领域总支出超过 5000 万美元[2] - 二级市场交易活跃度增长，总交易额达 44 万美元[3] Key Players & Revenue - Collector Crypt 作为早期参与者，平均每月总收入超过 120 万美元（扣除回购成本）[1] - Collector Crypt 通过 Gacha 获得 4950 万美元以上的收入，由 3004 个独立钱包贡献，平均每用户支出 16500 美元[1] - 新入场的 TCG_Emporium 和 Phygitals 仅通过 Gacha 就分别产生了 16.3 万美元和 66.5 万美元的收入[2] Business Model & Innovation - Gacha 系统类似于 IRL oripas（赌博盲盒），提供基于卡片价值 80-85% 的即时回购，加速赌博循环[3] - 平台提供有吸引力的 chase 卡（例如 Collector Crypt 的 poncho），进一步提高用户参与度[3] - Pokemon TCG 的代币化似乎正在形成产品市场契合（PMF），尽管日活跃用户较低，但用户支出很高[5] Potential & Challenges - 行业可能有助于解决 Web2 方面的问题，例如流动性分散、IRL oripas/rip & ship 中的欺诈或高额市场费用（例如 eBay）[5] - 行业可能会解锁更多链上产品，并提供即时可访问性[5] - 目前还没有任何代币，但 Collector Crypt 即将通过 Metaplex Genesis launchpad 推出[6]

Platform Update - Bitget becomes the first CEX to allow users to directly buy 100+ US equity RWAs [1] - Bitget Onchain now supports limit orders for Ondo Finance tokenized assets [1] - 105 RWA tokens are available with zero gas fees when using USDC [1] Onchain Stock Exposure - Users can gain stock exposure onchain [1] - Trading occurs with zero gas fees when using USDC [1]

New Investment Opportunity - Bitget Onchain officially supports limit orders for Ondo Finance tokenized assets [1] - 105 Real World Asset (RWA) tokens are available for investment [1] Trading Benefits - Zero gas fees when using USDC for trading [1]