RWA sector performed strongly, with multiple partnerships and product innovations driving its growth, outlook positive.
The RWA sector has been up only.
From crossmint powering MGUSD to ShiftRWA announcing series tokens for SpaceX exposure, processing $108M in 24h volume to Ondo partnering with Mirae for tokenization and ETFs, RWA looks good here.
These are new developments that happened in RWA this past week 👇
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➢ @crossmint powers MGUSD, @MoneyGram’s new stablecoin for remittances. Self-custodial payouts now live for 52M+ users across 200 countries directly in the MoneyGram app.
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➢ @ShiftRWA announces SPCX2L (2x Long) and SPCX2S (2x Short) Series tokens for SpaceX exposure, enabling onchain trading of leveraged positions 24/7 via their platform.
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➢ @Backpack announced that $SPCX reached $108M in 24hour volume on Solana, making it the chain's highest-volume market.
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➢ @OndoFinance partnered with @miraeasset, to tokenize 10 Global X ETFs covering AI, technology, blockchain, robotics, space, lithium etc through Ondo Global Markets.
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➢ @iShares announces BITA's launch, a new ETF combining direct Bitcoin and IBIT holdings with a covered‑call options strategy on 25‑35% of the portfolio to generate monthly income.
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➢ @securitize announced expanding its Tokenized AAA CLO Fund (STAC) to @solana, with @ethena committing $250M, one of the largest allocations to tokenized structured credit on the chain.
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➢ @base announced bringing @coinbase's 1:1 backed tokenized stocks to its chain, expanding to equities, commodities, and prediction markets.
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➢ @crediblefin announced a partnership with @OwlTing to connect payment networks, enabling Credible to facilitate payouts into China via OwlPay Harbor and OwlTing to access routes into India using Credible's infra.
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➢ @solana announced a new 24H spot volume ATH of $187.9M for tokenized equities trading yesterday.
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➢ @Titan_Exchange integrated @OndoFinance's tokenized stocks on @solana, allowing onchain trading of assets like NVIDIA, Intel, and Marvell Technology via its RFQ system for optimized execution.
Which did I miss? Lemme know in the comments 👇