LATEST: ⚡ ETHZilla sold $74.5 million worth of Ethereum to pay off debt and says it will move away from its digital asset treasury strategy, shifting its focus to RWA tokenization instead. https://t.co/ALSW27xSSC ...

ETHZilla sold 24,291 ETH for ~$74.5M to redeem senior secured convertible notes and will discontinue its mNAV dashboard. The company says future value will focus on RWA tokenization revenue, while continuing periodic balance sheet and ETH treasury disclosures. https://t.co/aa9SpgvcqU ...

This week in crypto venture:$176M raised across 22 deals, $1.1B in $BTC DATs, a $100M new fund, and 6 acquisitionsJake (@immutablejacob):Top 5 Crypto Fundraising Rounds this week 👇@lifiprotocol - $29M> API for swaps and bridging across EVM, Solana, and Bitcoin> @multicoin & @coinfund_io@RealFinOfficial - $29M> RWA tokenization network> @Nimbus_Capital_, @Magnus_Fund, & @Frekaz_Group@SurfAI - $15M> AI https://t.co/6WuPi6CnB2 ...

Core Viewpoint - Beijing has intensified its crackdown on cryptocurrencies, particularly focusing on the illegal activities surrounding real-world asset (RWA) tokenization, which has now been explicitly prohibited alongside other crypto activities [1][3]. Group 1: Regulatory Actions - The People's Bank of China (PBoC) has reiterated that virtual currencies do not hold legal status and cannot be used as currency in the market [1]. - In December, seven major financial associations in China declared all RWA tokenization activities illegal, marking a significant regulatory step against this emerging sector [3]. - The coalition of financial associations last mobilized in September 2021 to enforce a ban on exchanges and mining, which drastically reduced China's Bitcoin hashrate from approximately 75% to nearly zero [4]. Group 2: Risks and Concerns - Authorities have expressed concerns that RWA tokenization could lead to serious risks, including the potential for fake assets, project failures, and speculative trading [5]. - There is apprehension that tokenized assets might facilitate capital flight, allowing domestic holders to convert traditional assets into digital tokens and transfer them offshore, circumventing banking and foreign-exchange controls [5]. Group 3: Legal Status of Virtual Currencies - The December notice emphasized that all virtual currencies, including stablecoins, lack legal status and are prohibited from circulation within mainland China [6]. - Individuals and organizations are banned from issuing, exchanging, or raising funds using tokens or stablecoins, even if the issuing company is based offshore but employs staff in China [6].

Core Viewpoint - Linkage Global Inc has entered into a non-binding Letter of Intent to potentially acquire 100% of Cicada Tech Limited for $60 million, which includes $3 million in cash and the remainder in Linkage Global class A ordinary shares [1][2]. Group 1: Company Overview - Linkage Global Inc is a cross-border e-commerce integrated services provider headquartered in Japan, operating through subsidiaries in Japan, Hong Kong, and mainland China [5]. - The company has developed a comprehensive service system that includes cross-border sales and integrated e-commerce services [5]. Group 2: Acquisition Details - The proposed acquisition of Cicada Tech aims to allow Linkage Global to enter the on-chain asset management and RWA tokenization market, enhancing its strategic objectives [2]. - The acquisition is subject to customary financial, technical, and legal due diligence, as well as an independent appraisal of Cicada Tech's enterprise value [2][3]. - The transaction requires negotiation and execution of a definitive purchase agreement, regulatory approvals, and the absence of any material adverse changes [3]. Group 3: Cicada Tech Overview - Cicada Tech Limited specializes in tokenizing real-world assets into liquid, yield-bearing digital instruments, combining proprietary protocol engineering with multi-strategy quantitative portfolios [4]. - The firm emphasizes regulatory compliance and asset security through institutional custody partnerships and smart-contract audits, aiming to bridge traditional capital markets with decentralized finance [4].

RT Gareth Jenkinson (@gazza_jenks)RWA tokenization remains one of the biggest narratives of 2025.I am chatting to @EdwMata from @Brickken about the platform, key trends in RWA tokenization and the future of the world on chainJoin us now on our AMA live on @Cointelegraphhttps://t.co/UtZ32w6YpV ...

Tether has announced an investment in Latin American digital asset infrastructure platform Parfin to accelerate institutional adoption of USDT in the region, including use cases such as global payments, RWA tokenization, and credit market settlement. Parfin provides custody, trading, asset management, and Rayls on-chain settlement solutions. https://t.co/Vh3KXzKGD9 ...

Rio introduces stateless block verification to reduce costs and eliminate network reorgs, with lowered hardware requirements expanding validator participation.With proven institutional adoption in RWA tokenization, sub-5-second finality, and 50%+ non-USD stablecoin market share, Polygon is executing its vision to become the settlement layer for the digital economy.👇Trade $POL on BitMart: https://t.co/8t9XcmIw9Y ...

Summary of Yiren Digital Conference Call Company Overview - **Company**: Yiren Digital (NYSE:YRD) - **Industry**: Digital consumer lending and fintech - **Market Presence**: Operates in three major markets in Asia, with recent expansions into the Philippines and Indonesia [3][6][15] Key Financial Highlights - **2024 Loan Facilitation**: Facilitated RMB 53.9 billion (approximately USD 7 billion) in loans to 6 million individual borrowers [4] - **2025 Revenue**: Total revenue reached RMB 1.65 billion (USD 236 million), representing a 13% year-on-year growth [16] - **Consumer Lending Revenue**: Accounted for 90% of total revenues in 2025, with a 75% increase year-on-year in the second quarter [8][16] - **Insurance Brokerage Revenue**: Experienced a 50% decrease, but online insurance business grew by 106% quarter-on-quarter [8][16] - **Net Income**: Reversed five quarters of decline, achieving growth quarter-on-quarter in 2025 [17] Technological Innovations - **AI Investments**: Significant investments in AI R&D since 2021, including the development of proprietary GPU computing resources and a large language model (LLM) [5][12] - **AI Applications**: AI capabilities integrated across lending processes, enhancing borrower acquisition, risk management, and customer service [5][10] - **MultiCube Platform**: A multi-agent AI platform that integrates various AI agents for financial functions, achieving 100% capital deployment accuracy [13][14] Strategic Initiatives - **International Expansion**: Entered the Philippines in 2023 and Indonesia in 2025, with expectations for overseas business to contribute 10% of total revenue by 2026 [6][15] - **Web3 Development**: Plans to launch a WebStreet platform for crypto assets and real-world asset (RWA) services, with a projected RWA market size of USD 30 trillion by 2028 [17][18] - **Blockchain Integration**: A strategic focus on integrating blockchain technology to enhance fintech operations and capitalize on Web3 opportunities [32][34] Regulatory Environment - **Consumer Lending Regulations**: Facing regulatory headwinds in China, including a rate cap on consumer lending effective October 2025, but recent announcements suggest potential relaxations [27][28] - **Insurance Brokerage Regulations**: Traditional brokerage affected by commission rate caps, while online insurance is growing rapidly [30][31] Market Position and Valuation - **Market Capitalization**: Current market cap roughly equal to cash holdings, indicating potential undervaluation [7][24] - **Dividend Policy**: Continued commitment to dividends, with an 8% payout ratio and a 10% increase year-on-year [24] Future Outlook - **Growth Drivers**: Anticipated contributions from the crypto business and internet insurance to offset regulatory pressures on margins [36] - **Credit Risk Trends**: Monitoring of credit risk indicates a potential bottoming out, which could positively impact future performance [36] Additional Insights - **Personalization in Marketing**: AI-driven marketing efforts have increased repeat borrowing rates from 65% in 2024 to 77% in 2025 [11] - **Fraud Prevention**: AI systems prevented approximately RMB 180 million in potential fraud losses last year [10] This summary encapsulates the key points discussed during the Yiren Digital conference call, highlighting the company's financial performance, technological advancements, strategic initiatives, and market outlook.

🇭🇰 LATEST: Hong Kong’s HKMA unveils its FinTech 2030 strategy, with RWA tokenization, e-HKD and Project Ensemble as key pillars.Hong Kong is setting the pace. Is your country keeping up? https://t.co/c3m2OFOstv ...