【BitPush】This morning, the US stock market opened with a weak performance. The Dow Jones Industrial Average fell by 0.1%, the S&P 500 dropped by 0.03%, and the Nasdaq declined by 0.02%. The entire crypto concept stock sector also did not escape this wave of decline.
BitMine dropped by 1.75%, Circle fell by 4.91%, a leading crypto exchange declined by 9.79%, Strategy decreased by 0.68%. The declines vary, but the direction is consistent.
Interestingly, in such a market environment, the ecosystem of the RWA track continues to expand. It is understood that a decentralized RWA trading platform has launched hundreds of RWA token products, covering tokenized assets of major US stocks and related ETFs such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.
From a certain perspective, the direction of traditional asset tokenization is becoming increasingly clear. The on-chain liquidity of US stocks and ETFs is being activated, which may be a new direction for future asset allocation.
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PoetryOnChain
· 7h ago
Even though the market is down, RWA is still quietly making a fortune. Truly impressive.
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NFTArchaeologist
· 7h ago
Just fall if you want to fall, anyway the popularity of RWA is still there. The tokenization of US stocks is the trend... Instead of worrying about these small fluctuations, it's better to pay more attention to new ways of on-chain assets.
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GhostChainLoyalist
· 7h ago
The bear market is still crashing, but RWA is actually expanding. That's really interesting.
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What’s this about the US stock market dropping? The key is that RWA is about to rise.
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Where’s the expected recession? Why is tokenization accelerating instead?
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Wait, Circle has already fallen so much, can RWA still roll out so many products?
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As expected, the crypto world reacts this way—when stocks fall, they start causing trouble.
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The decline in the US stock market is like paper, but the RWA direction is becoming more solid.
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Instead of speculating on coins, why not copy the model and directly tokenize US stocks?
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With this pace, it seems RWA is truly paving the way.
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Even with such a drop, there are new moves—either they’re very optimistic or they just don’t care.
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Major US stocks are already tokenized; is traditional finance surrendering?
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rugdoc.eth
· 7h ago
Oh my, this drop is quite sharp, with the leading exchange dropping by 9.79%? That's pretty intense, but RWA is holding a big move in reserve.
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NftRegretMachine
· 7h ago
It's dropping again. This market trend is really getting annoying, but RWA is indeed moving. It looks like tokenization of US stocks is really about to happen.
U.S. stocks open lower across the board, crypto concept stocks under pressure—New developments in the RWA track platform
【BitPush】This morning, the US stock market opened with a weak performance. The Dow Jones Industrial Average fell by 0.1%, the S&P 500 dropped by 0.03%, and the Nasdaq declined by 0.02%. The entire crypto concept stock sector also did not escape this wave of decline.
BitMine dropped by 1.75%, Circle fell by 4.91%, a leading crypto exchange declined by 9.79%, Strategy decreased by 0.68%. The declines vary, but the direction is consistent.
Interestingly, in such a market environment, the ecosystem of the RWA track continues to expand. It is understood that a decentralized RWA trading platform has launched hundreds of RWA token products, covering tokenized assets of major US stocks and related ETFs such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.
From a certain perspective, the direction of traditional asset tokenization is becoming increasingly clear. The on-chain liquidity of US stocks and ETFs is being activated, which may be a new direction for future asset allocation.