Track market-moving stories before they get noisy

Fri 20 Jun 2025 ▪ 5 min read ▪ by Luc Jose A.

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A symbol of the Sino-American tug of war, TikTok once again crystallizes tensions between digital sovereignty and trade war. With 170 million users in the United States, the ByteDance app faces a third deadline postponed by Donald Trump. By extending the divestiture deadline, the president revives an explosive case where geopolitical pressure, technological challenges, and legal battles are intertwined. TikTok remains at the heart of a strategic struggle, at the crossroads of economic interests and national security concerns.

In Brief Donald Trump grants ByteDance an additional 90 days to sell TikTok to an American buyer. This decision marks the third extension since Trump’s return to the White House. If negotiations fail before September 17, 2025, TikTok will be banned in the United States. If no agreement emerges, a major legal and diplomatic confrontation could erupt this fall. TikTok Facing the American Ultimatum : A New Extension Granted by Trump President Donald Trump announced this Thursday a 90-day extension to allow ByteDance, TikTok’s Chinese parent company, to finalize the sale of its U.S. operations, despite the launch of two revolutionary tools a few months ago.

“I just signed the order extending the TikTok shutdown deadline by 90 days (until September 17, 2025). Thanks for your attention on this matter!” he stated on his platform Truth Social.

This decision marks a strategic shift in Trump’s stance; during his first term, he sought to ban the app outright from U.S. territory.

According to White House spokeswoman Karoline Leavitt, this extension aims to ensure that “the American people can continue to use TikTok with the assurance that their data is safe and secure”.

This decision fits into an ongoing restrictive legislative context, inherited from the Biden administration and upheld by the Supreme Court: if TikTok is not sold to an American entity, it will be banned in the United States.

Here is what you need to remember about this new deadline :

A third extension granted by Trump since his return to the presidency, after an initial 75-day period and then a first extension until June 20 ; A new deadline set for September 17, 2025, beyond which TikTok could be banned if no sale is concluded ; TikTok claims 170 million users in the U.S. and supports 7.5 million local businesses through its platform ; TikTok welcomed the presidential decision in a statement : “we are grateful to President Trump for his leadership and support to ensure TikTok remains accessible”. This extension offers a respite to negotiations, without resolving the uncertainties surrounding the app’s future. It is a pragmatic maneuver in a case where the stakes are as much technological as they are highly political.

Buyout Candidates and the Uncertainties Surrounding an Agreement During a press exchange aboard Air Force One, Donald Trump mentioned the possibility that Chinese President Xi Jinping would need to approve any transaction. “I think Xi will have to approve a deal if a buyer comes forward”, Trump said, emphasizing that the outcome of the process was not solely an American matter.

This statement adds a new geopolitical dimension to an already complex matter, at a time when trade relations between the two powers are once again tense. Several potential candidates have expressed interest, but none have succeeded in finalizing an offer so far.

Amazon reportedly submitted a last-minute offer, as did a consortium led by Frank McCourt, which includes Reddit co-founder Alexis Ohanian. Former U.S. Treasury official Steven Mnuchin is also among the contenders.

Despite clear interest, no transaction has been completed, partly due to the imposition of new tariffs on Chinese products, which have further strained bilateral relations.

Meanwhile, ByteDance remains silent on its actual intentions, after having previously considered selling TikTok to Elon Musk. The Chinese giant’s current strategy seems to be to buy time in hopes that the political or legal situation evolves. In the meantime, the social network remains active, notably thanks to Trump’s decision not to block it “for the time being”.

Several scenarios remain possible. Either ByteDance agrees to sell TikTok, allowing the app to remain in the United States, or it refuses, exposing itself to a ban once the deadline passes. This uncertainty fuels volatility around TikTok, which remains a major influence tool for both creators and brands. If no solution emerges by September 17, an unprecedented legal and diplomatic confrontation could erupt, alongside the trade war between the United States and China.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Amber International Holding Ltd. (NASDAQ:AMBR) has become the first Asia-based public company to offer its stock on-chain, trading as AMBRx on the solana blockchain, CEO Wayne Huo confirmed on Tuesday during a live webinar hosted on Futubull by Futu.

Investors can access tokenized stocks like AMBRx alongside industry giants such as Apple, Tesla and Nvidia as part of the the xStocks Alliance, developed by Kraken and Swiss-based Backed, which offers round-the-clock on-chain access to U.S. equities and ETFs.

As a Singapore-based institutional crypto services provider, Amber has also been aggressively striking partnerships with other crypto industry players to broaden its influence in the sector and expand its service offerings.

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PANews reported on October 9th that Crypto Briefing reported that the DTCC has listed the Canary Trump Coin ETF (ticker: TRPC ) on its platform. The product tracks the Solana-based " Trump Coin " meme token, a politically-themed crypto asset. The DTCC listing brings the ETF one step closer to mainstream trading availability, though it still requires further regulatory and issuance processes.

Bitcoin Turns 17: From “Hacker Money” to Institutional Mainstay

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Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

8 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

8 minutes ago

Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

8 minutes ago

2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

8 minutes ago

BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

8 minutes ago

Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

8 minutes ago

WSJ: Supplement 'Stacks' Are a Wellness Status Symbol. Are They Safe?

Gold (XAU) and silver (XAG) futures have climbed into the top five by trading volume on Binance Futures.

Binance Metal Rush Doesn’t Leave Crypto Behind Just weeks after Binance rolled out gold and silver perpetual futures settled in USDT, the cumulative volume across the metals contracts already reached the tens of billions of dollars, a CryptoQuant report from yesterday claims.

However, CryptoQuant’s analyst Marteen assures that Binance is still overwhelmingly crypto‑native. Bitcoin leads the futures volume around the low‑$20‑billion range with Ethereum following behind at $18.1B and Solana at a distant third at $3.0B. But the metals’ rise into the top bucket shows non‑crypto assets are no longer a sideshow. Gold is already in 4th place at $2.15B, and silver is right behind it at $1.98B.

Marteen’s conclusion is simple. Binance still leans heavily toward crypto, but it has outgrown being a pure crypto venue. Commodities have soaked up liquidity at speed, and equity‑linked products are now starting to see meaningful flow as well.

[Binance] – Snapshot Futures Volume – April 1st, 2026. Source: CryptoQuant. Binance Joins The Oil Rush Too According to WuBlockchain, Binance’s new “TradFi” futures suite (gold, silver and stock‑linked products) has rapidly captured a meaningful share of overall derivatives activity on the platform.

On April 2, the first full trading day after launch on Binance, USDⓈ-margined perpetual contracts for crude oil assets CL and BZ recorded trading volumes of $760 million and $358 million respectively, ranking third and fourth among Binance TradFi perpetual products. Meanwhile,… pic.twitter.com/PoROHzQsur

— Wu Blockchain (@WuBlockchain) April 3, 2026

Crude oil benchmarks CL and BZ posted volumes of $760 million and $358 million dollars respectively, placing them third and fourth among Binance’s traditional‑finance perpetual products.

Daily Volume by Symbol. Binance TradFi-USDT Perp. Source: WuBlockchain. Trading activity, however, remains dominated by gold (XAU) and silver (XAG), which together generated $5.58 billion in daily volume, makin up more than 70% of the total.

Are Crypto Venues Morphing Into Multi‑Asset Trading Hubs? Let’s keep in mind that Binance is not the only crypto venue experiencing such a dramatic shift. In recent weeks, Hyperliquid has been under the spotlight for many reasons, but one of the main ones is that the leading perp DEX’s combined HIP-3 (oil, gold and silver) open interest reached all-time highs. The platform is now trading more volume in tokenized commodities than digital assets. Just yesterday, NewsBTC reported that tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset on the decentralized exchange.

Gold Perpetual Contracts on Binance right now, showing the performance. They are trading for almost $4.7k Source: XAUUSDT.P on Tradingview. Gold and silver have been ripping on the back of inflation worries, rate‑cut bets and geopolitical stress. Binance is joining the 24/7 RWA’s trading hub bandwagon by effectively letting traders express those macro views with high leverage and stablecoin collateral, instead of using legacy commodity exchanges.

Gold and silver breaking into the top five on Binance Futures is a signal that the line between crypto and TradFi markets is dissolving, with liquidity, speculation and hedging all moving onto the same rails.

A portion of derivatives capital rotating into metals and stock‑linked contracts can thin order books and amplify volatility in smaller altcoins during risk‑off episodes.

Silver Perpetual Contracts on Binance right now, showing the performance and technicals. They are trading for almost $73. Source: XAGUSDT.P on Tradingview. Sophisticated players might use metals futures on Binance as a hedge against crypto drawdowns. Correlation regimes between BTC and gold (as the one between oil and Bitcoin explained by NewsBTC yesterday) could shift as both trade on the same venue. Ignoring this new macro layer on Binance’s futures board could mean missing an important signal about where “smart” derivatives flow is going.

At the moment of writing, BTC trades for almost $67k on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. All charts from Tradingview.

Key Takeaways Table of Contents

Key TakeawaysSatellite Subsidiary Progresses With Public Market PlansParent Company Shares Decline Despite Regulatory MilestoneCompany Overview and Strategic DirectionGet 3 Free Stock Ebooks WISeKey shares retreat as WISeSat subsidiary progresses with Nasdaq listing under WSAT symbol.

Satellite subsidiary submits updated confidential SEC registration for anticipated public market debut.

Stock faces downward pressure following disclosure of SPAC transaction advancement.

WISeSat pursues independent Nasdaq presence through WSAT ticker while parent company shares decline.

Parent company experiences continued selloff as satellite unit completes regulatory filing milestone.

Shares of WISeKey International Holding (WKEY) declined following disclosure of a regulatory filing advancement for its satellite subsidiary WISeSat’s forthcoming Nasdaq debut. The stock settled at $8.25, representing a 6.99% decrease, and continued sliding to $8.17 during pre-market activity. The decline reflected investor concerns surrounding the proposed space technology merger transaction.

WISeKey International Holding AG, WKEY

Satellite Subsidiary Progresses With Public Market Plans According to WISeKey’s announcement, WISeSat.Space Holdings Corp. filed an updated confidential Form F-4 registration draft with the Securities and Exchange Commission on May 29, 2026. This submission advances the satellite company’s merger with Columbus Acquisition Corp. Upon deal completion, the merged entity anticipates commencing Nasdaq trading operations under the WSAT ticker symbol.

The transaction stems from a Business Combination Agreement executed November 9, 2025, involving WISeSat, CAC, Pubco, WISeKey, and WISeSat Merger Sub Corp. Following consummation, both WISeSat and CAC will operate as Pubco subsidiaries. The arrangement remains contingent upon SEC clearance, Columbus Acquisition shareholder consent, and Nasdaq listing authorization.

The satellite division operates via WISeSat.Space AG, concentrating on protected orbital infrastructure solutions. Its mission encompasses secure communications channels, digital authentication systems, encrypted data transmission, and defense-oriented space technologies. The enterprise leverages WISeKey’s established expertise in cybersecurity protocols, identity verification, and semiconductor engineering.

Parent Company Shares Decline Despite Regulatory Milestone Trading activity for WKEY remained bearish following the filing disclosure. Shares concluded regular trading at $8.25 following the 6.99% drop, then extended losses by 0.96% before market open. This movement brought the pre-market price to $8.17, demonstrating persistent selling pressure.

The negative market response accompanied the transaction’s progression into additional regulatory stages. While a confidential amended registration draft represents forward movement, it doesn’t finalize the combination. Furthermore, the public Form F-4 remains pending effectiveness with the SEC.

WISeKey disclosed the advisory team supporting the merger. Maxim Group LLC serves as sole financial advisor to WISeKey. Legal counsel includes Ellenoff Grossman & Schole representing WISeSat and Pubco, alongside Loeb & Loeb advising CAC.

Company Overview and Strategic Direction WISeKey’s core operations span cybersecurity solutions, digital identity platforms, and internet-connected device security. The company maintains dual listings under WIHN on Switzerland’s SIX Exchange and WKEY on Nasdaq. Its WISeSat division represents expansion into orbital secure connectivity infrastructure.

The satellite subsidiary focuses on quantum-resistant communication networks delivered through protected space-based systems. WISeSat intends to integrate orbital services with verification technologies, digital identity frameworks, and protected information exchange protocols. Target markets include government agencies, corporate entities, and industries requiring encrypted communications.

The planned WSAT listing would establish WISeSat as an independent publicly-traded entity. Nevertheless, the arrangement awaits final documentation and shareholder authorization. During this interim period, WKEY shares remain under selling pressure as investors evaluate transaction completion risks.

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

BitDAO (BIT)suspected FTX founder Sam Bankman Fried's venture capital firm Alameda Research of breaching an agreement made in 2021 and selling its 100 million BIT tokens, causing BIT to plummet.

The DAO community asked Alameda to prove that it still owns its BIT tokens, and Alameda responded by transferring over 100 million BIT tokens from an FTX hot wallet to an Alameda address.

BackgroundAlameda published a proposal titled BIP-4 and offered BitDAO to swap 100 million BIT tokens with Alameda for 3,362.315 FTT tokens and make a public commitment not to sell each others' tokens for three years. The proposal was open for voting between Oct. 20 and Oct. 30 2021 and passed with 100% votes of the participants in favor.

The token swaps took place on Nov. 2, 2021, in three transactions, and both parties agreed not to sell them before Nov. 2, 2024.

Coins plummetOn Nov. 8, both BIT and FTT experienced a sharp 20% decline at around the same time. BIT fell from $0.40 to $0.33, while FTT plummeted from $22.12 to $15.36. Both tokens quickly recovered from a portion of their losses. At the time of writing, BIT is being traded for $0.39, while FTT is priced at $18.184.

BITUSDFTTUSDIn light of recent speculation about FTX's financial stability, the BitDAO community suspected that Alameda may have sold its BIT holdings and caused the sudden dump of both FTT and BIT.

BitDAO's founder and CEO Ben Zhou Tweeted to explain their suspicions and announced that they are asking for proof of funds from Alameda.

Bitdao community is questioning the sudden dump of $bit token caused by Alameda dumping and breaching the 3 yr mutual no sale public commitment. Nothing is confirmed but bitdao community would like to confirm a proof of fund from Alameda. https://t.co/YassKhcdPt

— Ben Zhou (@benbybit) November 8, 2022

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The BitDAO community ensured that the 3,362.315 FTT tokens were safe and sound in the BitDAO treasury, and asked Alameda to ensure BitDAO by transferring the 100 million BIT tokens into an on-chain address so that the BitDAO community can verify.

BitDAO community warned that if Alameda fails to provide sufficient proof of funds within 24 hours:

“It will be up to the BitDAO community to decide (vote, or any other emergency action) how to deal with the $FTT in the BitDAO Treasury.”

FTX respondsResponding to BitDAO's request, over 100 million BIT tokens were transferred from an FTX hot wallet to Alameda's address.

This address is the original address that Alameda agreed to receive its BIT tokens in when the deal was inked in 2021.

Mentioned in this articlePosted in

While the Ethereum network and its users continue to suffer from the high fees of the layer-1 blockchain, various layer-2 (L2) solutions are stepping into the spotlight to solve the problem.

As analyst Miles Deutscher explained, citing data from Dune Analytics, layer-2 scaling solutions saw monumental growth in 2022. “I expect this trend to continue in 2023 and beyond,” Deutscher commented.

Ethereum gas spent to settle L2 transactions. Source: Twitter Blockchain analytics firm Nansen also released data today showing the growth of layer-2 solutions. Specifically, Nansen referred to Abritrum.

“Arbitrum season is in full swing,” wrote a researcher at Nansen. According to their data, transactions on L2s are increasing significantly, while transactions on Ethereum are decreasing. A clear divergence can be seen.

Ethereum L1 vs. Arbitrum. Source: Twitter Regarding Arbitrum, the Nansen researcher writes that the number of daily active addresses averaged 50,000 to 70,000 in November and December. A few months ago, from July to September, the average was 15,000 to 20,000.

With the recent Nitro upgrade, Arbitrum has once again massively lowered its average gas price for a transaction. While the average fee was $0.35 before Nitro, it has dropped to $0.08 afterwards. This represents a reduction of almost 75%.

However, although Arbitrum’s network usage is skyrocketing, there is no token yet. So far, there is also a lack of an official announcement regarding an Arbitrum token.

Rumors have it that Arbitrum will launch its token by the first quarter of 2023 at the latest. The ticker is supposed to be either ARBI or ARB.

The Leading Ethereum L2 Solution As NewsBTC reported yesterday, Polygon (MATIC) currently holds the leading position when it comes to successful Ethereum L2 tokens. The project has entered partnerships with major brands such as Starbucks, Mercedes, Meta, Reddit, eBay, Disney, and Adobe, among others.

Sandeep Nailwal, co-founder of Polygon, revealed yesterday that the zkEVM mainnet “is coming soon”. With the implementation, Polygon will reach a massive milestone.

Once the zkEVM mainnet comes online, there could be an explosion of dApps on Polygon. Zero-knowledge cryptography will enable privacy and minimize data volumes to make transactions for smart contracts even more efficient.

BitDAO And Optimism Another emerging L2 project is BitDAO, which is backed by the exchange Bybit. About a week ago, the project had announced the soft launch of Mantle, a modular Ethereum Layer-2 solution with separate execution, finality and data availability layers.

A public test network is scheduled to go live in 2023. It will serve as the core of BitDAO and use BIT as a token.

Optimism also has a token. The L2 Ethereum scaling solution was first introduced in June 2019, and the public mainnet was launched in December 2021.

The OP token’s airdrop took place in June 2022, with nearly 249,000 registered Optimism users receiving the newly launched token. Remarkably, the project’s mainnet is currently hosting the largest decentralized exchange, Uniswap V3.

At press time, the ETH price was sitting just above crucial support in the 4-hour chart.

ETH price, 4-hour chart. Source: TradingView

BTC.com parent BIT Mining hacked, $3 million in assets taken

BitDAO Price Prediction as BIT Rallies 13% – How High Can BIT Go?

Updated Jan 26, 2023, 2:13 p.m. Published Jan 26, 2023, 1:30 p.m.

2 min read

(sergeitokmakov/Pixabay)Cryptocurrency derivatives exchange BIT on Thursday introduced options tied to toncoin (TON), the native token of the decentralized layer 1 blockchain The Open Network, formerly known as Telegram Open Network.

The options are live on the platform today and will be available on the institution-focused liquidity network Paradigm later, the exchange said in a statement shared with CoinDesk.

TON is the world's 23rd-largest cryptocurrency, with a market capitalization of $3.33 billion, according to data from CoinGecko. The cryptocurrency doubled in second-half 2022, decoupling from the broader market lull.

The offering adds to BIT's existing product suite of futures and options tied to crypto market leaders bitcoin and ether. The move suggests growing investor interest in derivatives tied to alternative cryptocurrencies, or altcoins. While the crypto derivatives market has exploded in size over the past three years, growth has been mainly driven by demand for bitcoin and ether derivatives.

"With the advent of dollar-margined products and the addition of various altcoin options, the options market has enormous growth potential," BIT co-founder and Chief Operating Officer Lan said in a statement. "BIT and our trusted partners are devoted to increasing the accessibility of crypto options for both institutional and retail traders."

Options are derivatives contracts that offer the purchaser the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. A call option gives the right to buy, while a put option offers the right to sell.

At press time, Deribit was the world's largest bitcoin options exchange, accounting for 90% of the global open interest of $6,863 million. BIT was the world's sixth-largest by volume and open interest, data tracked by Amberdata show.

The options are launched in collaboration with liquidity provider Darley Technologies and blockchain industry market maker and TON-backer DWF Labs

"With a global community growing at a speed of more than 2% weekly, as well as more than 100 million transactions to date, the TON ecosystem is one of the most promising on the market," said Andrei Grachev, managing partner at DWF Labs. "Joining the options market is a logical and important step for TON because, until now, the only coins available there were BTC and ETH. It means TON will take its place alongside crypto's most prestigious coins."

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BitDAO’s governance token BIT has maintained its price following a weekend surge that occurred after Mantle, a layer 2 network compatible with the Ethereum Virtual Machine (EVM), submitted a proposal on Sunday to introduce a $200 million ecosystem fund to the BitDAO community.

BitDAO, one of the world’s largest decentralized autonomous organizations (DAO), saw its token jump from about 55 cents on Saturday to abut 60 cents on Sunday, a gain of roughly 5%, according to TradingView data. The rise pushed BIT ahead of bitcoin BTC$61,650.42 and ether (ETH) as one of the weekend’s best performers.

In the past 24 hours, the token has continued its uptrend, trading at $0.6120 at the time of publication — its highest price in a week.

BitDAO’s fund aims to pour money into more than 100 early-stage investment projects building on the Mantle Network over the next three years. The fund is part of a larger strategy to incentivize developers to build on the modulated layer 2 network and drive its wider adoption.

At $200 million, the fund is double the size of prolific decentralized exchange Polygon’s $100 million fund that was announced last spring and is larger than Injective’s decentralized finance (DeFi) adoption fund, launched in January.

BitDAO has performed well in recent weeks after taking a hit during the unraveling of centralized cryptocurrency exchange, FTX. The token plunged 20% in November, prompting fears that Sam Bankman-Fried’s now-defunct Alameda Research had been quietly liquidating its BIT supply in violation of BitDAO’s agreement with the quant crypto trading firm.

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Image Source: BitDAOBitDAO’s native token BIT is set to rebrand to Mantle after the community voted in favor of a proposal seeking to optimize the token ahead of the launch of a new layer-2 mainnet.

The measure was approved by a majority vote as part of the BIP-21 proposal, which sought to unify the BitDAO ecosystem under a “One brand, One token” principle.

According to the final results, more than 235 million BIT tokens were cast in favor of the transmission while another 988 BIT tokens voted against it, solidifying the transition to Mantle.

As per the proposal, the BitDAO ecosystem, governance (BitDAO) and product (Mantle), will be unified as Mantle. While governance processes and treasury management will remain unchanged, BIT holders will undergo a token conversion process for the new Mantle token.

The move comes ahead of the mainnet launch of Mantle, a scaling layer-2 protocol built on Ethereum, which is expected to be finalized in the coming weeks. 

BitDAO is backed by crypto exchange Bybit, along with Pantera Capital, Dragonfly, and venture capitalist Peter Thiel.

“Many people were anticipating a separate gas token and didn’t understand that the utility of $BIT was growing. With the changes, Mantle will act as the common binding thread across the ecosystem,” Mantle said in a blog post. 

“With the changes, Mantle will act as the common binding thread across the ecosystem. The timing has also been impeccable in that the token conversion will happen before mainnet, so users won’t need to migrate the gas token of a running network.”

BitDAO Aims to Reduce Complexity of its EcosystemIn the proposal, BitDAO claimed that the “brand optimization” is aimed to reduce the complexity of the BIT ecosystem. 

“There is complexity as to whether $BIT should be valued for its governance component or product component or some combination,” the proposal read. 

BitDAO was established in 2021 after a successful $230 million funding round led by prominent investor Peter Thiel, known for his involvement in major ventures such as Facebook (now Meta), Airbnb, LinkedIn, and Stripe. 

Meanwhile, the Mantle ecosystem will inherit BitDAO’s treasury, receiving almost $300 million in USDC/USDT and approximately 270k ETH, with the total BitDAO treasury valued at over $2.5 billion.

The proposal also noted that token conversion rules and ratios will apply to all token holders equally, who are not required to take any action in advance.

The new token’s official name, ticker symbol, design, conversion mechanisms, and channels will be announced and shared with the public upon audit completion.

“A flexible conversion period will be employed to enable the smoothest user experience, minimize preparatory actions on token holders’ part, and afford new buyers the convenience to acquire $BIT in anticipation of the conversion.”

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BIT lists options tied to Cardano's ADA token. (Wance Paleri/Unsplash)Cryptocurrency derivatives exchange BIT on Wednesday rolled out options tied to Cardano's ADA token while promising to add more alternative cryptocurrencies (altcoins) in coming months.

The ADA options are live in the platform today and are denominated and settled in U.S. dollars, BIT said in a press release shared with CoinDesk. One ADA options contract represents 1 ADA, the exchange's spokesperson said.

ADA, the native token of Ethereum competitor Cardano, has a market value of $9.73 billion and is the world's eighth-largest cryptocurrency at press time. Alternative cryptocurrencies tend to be more volatile than the market leaders, bitcoin BTC$61,650.42 and ether (ETH).

Options are derivative contracts that give the purchaser the right to buy or sell an underlying asset at a certain price on or before a specific date. A call option gives the right to buy the asset, while a put option gives the right to sell.

The availability of ADA options means traders can now use the options to hedge their portfolio risks or bet on a volatility explosion, as they have been doing with bitcoin and ether options.

With BIT's unified margin system, traders can use their coin holding as collateral to trade ADA options at a discount.

"BIT's unified margin system allows users to utilize all assets in their accounts as trading collateral with a haircut ratio. ADA's haircut ratio is now 15%, meaning users can use their ADA as collateral and trade options at a 15% discount," BIT said in the release.

The offering, launched in collaboration with strategic partner Darley Technologies and market maker DWF Labs, expands BIT's existing suite of options, which include those tied to the decentralized layer 1 blockchain, The Open Network's TON coin and bitcoin and ether futures and options.

BIT said it plans to offer options to other altcoins, including meme coins, in the future.

The global crypto options market, led by Panama-based Deribit exchange, is already worth billions of dollars, with most of the activity concentrated in bitcoin and ether contracts, and is known to influence the spot prices of the top cryptocurrencies.

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Mantle (MNT) is on track to celebrate a year since rebranding from BitDAO, one of the prominent projects in the crypto space. Since then, Mantle has rebranded itself as a hub for decentralized finance, and had significant success in bringing deposits.

Mantle holds nearly $300M in value locked, down from a peak of $368M in mid-April. Despite the slide, Mantle aims to keep a high profile on social media and make its new brand known.

Mantle Inherits BitDAO Funding BitDAO was a high-profile project with a focus on governance and supporting other sub-projects. In fact, Mantle was one of the small brands incubated by BitDAO. The initial project was successful with an ICO raising $632M in 2021, later creating a significant token treasury estimated as high as $4B.

The goal of BitDAO was to vote on proposals and assign funds to new technologies. Mantle retains those functions, aiming to create mass adoption for governance tokens. Additionally, the Mantle treasury will be the main tool for future development. Mantle has around 49% of its tokens locked, and will only release new assets after voting on clear development proposals.

Only last year, BitDAO decided to rebrand and created Mantle, which aimed to become a new Layer 2 solution.

Mantle follows in the footsteps of successful L2 leaders like Arbitrum and Optimism, seeking funding and community support to achieve similar success. Mantle maximizes value by optimizing transaction batching on Ethereum’s L1 network.

Mantle Network launched its main net in July 2023, and has accrued 3.4M addresses so far. The network handles more than 380K transactions per day with minimal fees and a new block every two seconds.

MNT Token Recovers Above $1 The recent exposure of the Mantle platform also gave a boost to the MNT token. Sitting just outside the top 30 market cap leaders, MNT is now trading at $1.05.

MNT still holds onto a market cap of $3.4B, though with slower daily trading at around $64M in 24 hours. For the longer term, Mantle is trying to boost the value of MNT by adding reward tokens and a new asset for the ecosystem, MYT.

What MYT Token Does on the Mantle Network Mantle is now creating a new asset, the MYSO token, with the MYT ticker. Despite locking 49% of the MNT supply, Mantle also wants to take more tokens out of circulation.

To reach that goal, Mantle offers reward for locking, or staking MNT tokens, in exchange for new MYT rewards.

One of the incentives is the limited supply of MYT tokens, capped at 90,909. The distribution of MYT is on a lottery principle, where buyers can get tickets for a chance of getting some of the tokens. The role of MYT in the Mantle ecosystem is to facilitate trading and DeFi, with already more than $2M in value locked.

The MYSO Token IOO is launching this week! 👀

But why IOO? 🤔

Everyone is super excited about the launch of $MYT – but why are we doing it via the Initial Open Offering, or IOO?

We want users to get access to the MYSO Token by using the existing and permissionless… pic.twitter.com/fJTkOPQSbI

— MYSO (@MysoFinance) April 29, 2024 The first snapshot date for Mantle was between April 26 and May 3. But MNT owners can continue to lock their tokens for future snapshots and additional raffles to win MYT. The new token distribution started from May 4, with a claim period of 30 days.

You can now claim your $MYT rewards from Mantle Rewards Station MYSO Raffle Event! 🚀

Check the "Claim Rewards" tab to see if you’re among the lucky 500 winners receiving 181.818 $MYT. Winners must claim their rewards within 30 days. For more details, please refer to… pic.twitter.com/MhKT3Pf9FE

— Mantle (@Mantle_Official) May 6, 2024 The MYSO project will start with an open sale, where the exact token distribution will depend on how many tokens the buyers decide to lock.

What is the MYSO Protocol The MYSO protocol offers decentralized lending, with custom loans using any ERC-20 Ethereum-based token. MYSO is also organizing covered calls services, where projects can secure a collateral for their call options.

Additionally, MYSO organizes synthetic token buybacks and other on-chain trading strategies, targeted at whales or project treasuries that need risk mitigation for deals and trades.

The MYSO protocol also offers peer-to-peer loans, which can be covered with token-based collateral. MYSO matches the borrower with the best lenders and selects the best loan pair for receiving stablecoins and posting collateral.

MYSO offers two main products: a retail peer-to-peer lending tool and a whale-matching tool for loans at scale.

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TLDR: Table of Contents

TLDR:Institutional Adoption Moves from Pilot to ProductionBlockchain Infrastructure and Regulatory Frameworks Take ShapeGet 3 Free Stock Ebooks BlackRock’s Larry Fink emphasizes tokenisation necessity as markets accelerate blockchain adoption for funds.  Central banks prioritize wholesale CBDCs and regulated stablecoins to enhance settlement and cross-border payments.  Bank of America and BNY Mellon prepare for transactional blockchain integration once regulatory clarity arrives.  Bitcoin’s fixed supply positions it as potential reserve asset with sovereign allocations driving higher valuations. The World Economic Forum in Davos 2026 witnessed financial institutions shifting from questioning cryptocurrency’s validity to implementing tokenisation and blockchain technology across their operations.

Institutional Adoption Moves from Pilot to Production The financial sector has reached an inflection point where digital assets transition from experimental projects to regulated deployment. 

Wholesale applications in settlements, collateral management, and securities markets are advancing first, with retail adoption expected to follow. 

Major institutions plan to activate blockchain networks, treating tokenised funds and real-world assets as programmable alternatives to traditional ETFs operating continuously.

BlackRock’s Larry Fink addressed this transformation during the forum. According to André Casterman’s analysis, Fink stated that “tokenisation is necessary” and emphasized that “markets need to move very rapidly with tokenisation.” 

Fink described on-chain products such as tokenised money-market and bond funds as next-generation instruments for established financial exposures. Blockchain technology provides the foundational record-keeping and settlement infrastructure for these products.

Central banks and financial institutions converged on wholesale-first strategies for central bank digital currencies, tokenised deposits, and regulated stablecoins including USDC and RLUSD. 

These mechanisms aim to reduce settlement cycles, improve cross-border payment efficiency, and increase intraday liquidity. The approach contrasts sharply with volatile, unbacked cryptocurrencies that dominated earlier market cycles.

Bank of America’s Brian Moynihan predicted banks will “come in hard on the transactional side” once regulatory frameworks solidify. He views public and permissioned blockchains as interconnected payment layers where traditional banks maintain intermediary roles. 

BNY Mellon CEO Robin Vince characterized digital assets as a “new interesting, innovative technology” that will reshape custody and settlement operations over the coming decades.

Blockchain Infrastructure and Regulatory Frameworks Take Shape Changpeng Zhao of Binance identified three areas showing promise: tokenisation for operational efficiency, payments for accelerated cross-border transfers, and artificial intelligence integration for automation. 

Circle’s Jeremy Allaire positioned stablecoins as a “neutral layer” that complements rather than competes with traditional banking infrastructure.

Blockchain’s technical capabilities drove discussion at the forum. Shared ledgers enable simultaneous verification, programmable smart contracts automate processes, and composable architecture allows seamless system interconnections. 

A panel featuring the Bank of France governor and Coinbase’s Brian Armstrong debated Bitcoin’s role as a scarce, decentralised alternative to fiat currencies, potentially countering inflation and monetary debasement.

Major fiat currencies abandoned gold standards during the twentieth century and currently lack hard asset backing. 

Bitcoin’s fixed supply cap of 21 million units offers deflationary characteristics, operational transparency, and protection against debasement. 

These attributes position Bitcoin as a potential reserve asset, with sovereign allocations possibly driving valuations to $500,000-$700,000 according to Fink’s projections.

United States regulatory developments include the forthcoming Digital Asset Market CLARITY Act, which divides oversight responsibilities between the SEC and CFTC. 

White House Crypto Czar David Sacks commented on institutional participation, noting that “after market structure passes, banks are going to get fully into the crypto industry” and predicted “it’s going to be one digital assets industry.” 

The framework enables traditional institutions to engage with digital assets under defined parameters.

XDC Network represents enterprise-grade blockchain infrastructure supporting this evolution. The platform’s hybrid protocol accommodates tokenised real-world assets, rapid settlements, and ISO 20022-compliant payments suited for wholesale finance. 

The network targets dozens of new masternodes in 2026, scaling toward thousands by 2035 to support expanding institutional adoption.

3 Token Unlocks to Watch in the First Week of February 2026

TLDR: BitGo Bank & Trust now provides regulated MPC custody for XDC tokens and USDC on XDC Network platform.  Integration removes custody barriers preventing corporates and exchanges from deploying capital on blockchain.  XDC Network gains competitive advantage in trade finance and cross-border payments through BitGo partnership.  Institutional asset managers can custody XDC using same security standards required for traditional assets. XDC Network has finalized a custody partnership with BitGo, enabling regulated storage solutions for XDC tokens and USDC.

The integration addresses a critical infrastructure gap that has prevented institutional participants from deploying capital on the network.

BitGo’s Multi-Party Computation wallet technology, delivered through BitGo Bank & Trust, now provides enterprises with the security and compliance frameworks required for blockchain operations.

Regulated Custody Infrastructure Enables Enterprise Deployment The partnership resolves a fundamental barrier facing corporate blockchain adoption. Financial institutions and payment platforms require regulated custody before committing resources to distributed ledger systems.

BitGo Bank & Trust, National Association, operates as the regulated custodian entity supporting XDC chain operations.

According to Amitava Mandal, Director of XDC Tech US, Inc., “BitGo’s custody is infrastructure that unlocks real enterprise deployment.”

He emphasized that trade finance and payment platforms cannot operate on blockchain without regulated custody.

The integration eliminates this obstacle and creates pathways for institutional capital that were previously unavailable.

XDC Network announced the development through its official channels, confirming the custody support would unlock regulated access for tokens on the platform.

XDC Network has secured institutional custody support with @BitGo , unlocking regulated custody for XDC tokens and @USDC on the network, a major step toward enabling enterprises, exchanges, and financial institutions to deploy real capital on-chain.

With BitGo’s regulated MPC… pic.twitter.com/7vLshjl29z

— XDC Network (@XDCNetwork) February 3, 2026

Exchanges and institutional asset managers can now onboard XDC using custody standards equivalent to traditional financial assets. The integration applies the same security protocols that institutions employ for conventional holdings.

BitGo’s MPC wallet technology distributes cryptographic keys across multiple parties, enhancing security while maintaining accessibility.

The architecture prevents single points of failure that have historically concerned institutional participants. Financial service providers can now custody XDC assets within their existing regulatory frameworks.

Trade Finance and Cross-Border Payment Applications Gain Infrastructure Support XDC Network’s technical architecture targets trade finance, tokenized assets, and cross-border payment systems. The BitGo integration strengthens the network’s position in these sectors by providing the custody layer that enterprise applications require.

Legacy payment infrastructure faces challenges including slow settlement times, elevated costs, and limited transparency.

Mandal stated that the integration “removes that blocker and positions XDC Network for institutional capital flows that weren’t previously possible.”

The custody solution enables corporates to evaluate XDC Network as an alternative to traditional payment rails. Enterprises can now deploy blockchain-based payment systems with the same custodial protections they expect from conventional financial infrastructure.

Tokenized real-world assets represent another application area gaining infrastructure support. Asset managers and financial institutions can custody tokenized securities, trade finance instruments, and other digital representations of physical assets. The regulated framework addresses compliance requirements that govern institutional asset management.

Cross-border payment providers can leverage the custody integration to build settlement systems on XDC Network. The combination of fast settlement times and regulated custody creates conditions for institutional payment flows.

Payment platforms can now construct blockchain-based solutions without sacrificing regulatory compliance or security standards that their operations demand.

The global momentum behind RWA tokenization has shifted from theoretical pilots to institutional-grade execution. As capital markets seek greater efficiency, transparency, and global reach, Brazil has emerged as a primary laboratory for this transformation.

This shift is driven by a unique combination of progressive regulation, a tech-savvy financial sector, and the search for lower operational costs. At the heart of this movement is the XDC Network, providing the neutral, public infrastructure necessary to bridge the gap between local debt markets and global liquidity.

The Dawn of the RWA Era in Latin America Tokenization is no longer a buzzword for the distant future; it is a live, operational reality in Brazil. While many jurisdictions are still debating the legal frameworks for digital assets, Brazil’s Central Bank and Securities Commission (CVM) have fostered an environment where innovation can thrive.

The tokenization of fixed income instruments, specifically debentures, represents a significant step forward. By digitizing these traditional assets, issuers can offer enhanced traceability and a higher degree of transparency, which are essential for attracting international institutional capital.

The XDC Network has positioned itself as the one of the leaders in this evolution. Unlike early blockchain experiments that focused on speculative assets, XDC was designed with international trade and finance in mind. Its ability to handle frequent transactions with minimal fees makes it the ideal candidate for scaling RWA projects that require high performance and reliability.

USD One Billion Roadmap in Sight VERT Capital, a leader in the Brazilian structured finance space, has recently announced the successful tokenization of two major Brazilian debentures on the XDC Network. This announcement marks a significant milestone not just for the companies involved but for the entire blockchain ecosystem.

This move effectively bridges the gap between different sectors of the economy, starting with Mottu, a growth leader in Latin American urban mobility and last-mile logistics. As a fast-moving, data-driven representative of Brazil’s new economy, Mottu has already tokenized approximately USD 60 million, with a total target of USD 93 million. 

Complementing this innovation is the involvement of Banco Pine, a powerhouse in corporate and structured credit with a deep history of serving mid-market and large corporate clients. With their current tokenized volume reaching approximately USD 268 million, Banco Pine’s participation serves as a powerful signal that even the most established traditional financial institutions now recognize the tangible value and efficiency of moving complex debt instruments onto a public blockchain.

Together, these transactions bring the total volume tokenized on XDC via VERT to roughly USD 375 million. This volume is substantial even by global standards. More importantly, it demonstrates the network’s capacity to handle institutional-grade volume and complexity. 

The partnership is now firmly on track to hit a targeted USD 1 billion in assets on the XDC Network by the end of 2026, a goal that would solidify XDC’s position as a global leader in the RWA space.

Public Blockchain: The Neutral Alternative to Private DLT A critical differentiator in these issuances is the choice of XDC Network as a public blockchain over domain-specific, private Distributed Ledger Technology (DLT) networks. For years, the prevailing wisdom in banking was that private is safer. However, the industry is beginning to realize that private ledgers often recreate the very silos they were intended to break.

Private DLTs often attempt to emulate centralized systems. In doing so, they frequently fail to capture the true efficiencies of decentralization, such as global interoperability and 24/7 availability, while also forfeiting the mature, optimized performance of the centralized architectures they seek to replicate.

They create walled gardens that require complex, expensive integrations to talk to one another.

XDC Network, by contrast, serves as a neutral financial market infrastructure. It offers the best of both worlds:

Public Accessibility: Anyone can verify the state of the ledger, enhancing trust and auditability. Institutional Governance: By utilizing smart-contract-level permissioning, XDC ensures full regulatory alignment. Access to specific functions or assets can be restricted to verified, KYC-compliant participants. Connectivity Layer: This approach positions tokenization not as a replacement for existing capital market systems, but as a layer of open infrastructure that connects local markets to a global pool of investors. By embedding governance directly into the code, XDC allows for regulated decentralization, where the rules of the regulator are enforced automatically by the network protocol.

Surfing the Wave of Innovation The leadership driving this initiative views the current landscape not as a temporary trend, but as a fundamental shift in the plumbing of global finance.

“These issuances demonstrate how public blockchain infrastructure can add real value to traditional fixed-income markets. By bringing debentures from companies like Mottu and Banco Pine onto the XDC Network, VERT is enhancing transparency, traceability, and global visibility for Brazilian assets, while maintaining full regulatory alignment.”

— Diego Consimo, Head of LATAM, XDC Network.

“This is exactly how we see tokenization evolving: not as a replacement of existing systems, but as a layer of open, neutral infrastructure that connects local capital markets to global investors.”

This vision of connectivity over replacement is key to institutional adoption. It allows legacy systems to integrate with blockchain at their own pace, slowly migrating functions to the chain as confidence grows.

Gabriel Braga, Director of Digital Assets at VERT Capital, views the technological shift through a more visceral lens. He notes that many traditional institutions are reacting to blockchain with fear, attempting to build lifeboats to survive what they perceive as a disruptive storm.

“Everyone sees this huge swell of tokenization already arriving on capital-markets shores. A common reaction is to see it as a threat and build one-size-fits-all lifeboats, hoping the next wave won’t grow even bigger. It will grow bigger. We should see it as an opportunity and learn how to surf it.”

Braga’s analogy highlights the difference between defensive innovation (private DLTs) and offensive innovation (public blockchain). Those who learn to surf use the power of the wave, the liquidity and openness of public networks, to move faster and further than those huddled in lifeboats.

Brazil as a Global RWA Leader As these issuances demonstrate, Brazil is no longer just a participant in the digital asset space, it is a global frontrunner. The combination of high interest rates, a sophisticated banking system, and a clear regulatory path has made it the perfect environment for RWA tokenization to scale.

By leveraging XDC infrastructure, Brazilian companies are achieving a level of global visibility that was previously reserved for the largest multinational corporations. This democratizes access to capital, allowing companies like Mottu to tap into international markets with the same ease as a blue-chip bank.

Looking forward, the success of the Mottu and Banco Pine issuances serves as a blueprint for the next phase of financial evolution. As the XDC Network continues to grow, it reinforces its position as the preferred infrastructure for institutions that demand the benefits of a public, neutral ledger while operating within the rigorous boundaries of global financial regulation.

The path to USD 1 billion is more than just a target, it is a testament to the fact that the future of finance is open, transparent, and built on XDC.

XDC price is consolidating just above $0.03 as tokenized debt deals, trade-finance pilots and an Ethereum-aligned upgrade deepen its role in enterprise RWA infrastructure.

Summary

XDC Network is trading around $0.032 per token, with a market cap near $640 million and 24-hour volume in the mid-teens of millions. Price has inched higher by roughly 2–3% over the last day, but remains down on the week, reflecting a slow grind after a broader altcoin pullback. Recent upgrades, tokenized debt deals and trade-finance pilots signal growing real-world asset usage even as speculative flows stay modest compared with higher-beta altcoins. XDC Network (XDC), a hybrid Layer-1 focused on enterprise and trade-finance applications, is currently changing hands at about $0.032 per coin, according to both Binance and third-party price aggregators. Binance lists the live XDC price at $0.03206, with a market capitalization of roughly $639.15 million and 24-hour trading volume of $16.29 million, based on a circulating supply of 19.94 billion XDC. A parallel snapshot from 3Commas shows XDC at $0.03214, a 2.8% gain over the last 24 hours, on a $14.73 million trading volume and market cap of $640.9 million.

Historical data from Yahoo Finance place XDC’s recent trading range between $0.0304 and $0.0324 over the past several sessions, underscoring how the token has been consolidating just above $0.03 after earlier weakness in March. CoinMarketCap’s price-history table likewise records daily closes clustered in the $0.031–$0.034 band throughout early March 2026, with no single breakout day but a sequence of tight ranges. That pattern contrasts with the sharp spikes seen in high-volatility memecoins, and instead reflects more measured spot flows into and out of a large-cap infrastructure asset.

Network fundamentals and institutional traction Under the hood, XDC Network markets itself as an EVM-compatible, enterprise-grade blockchain for real-world asset tokenization, cross-border payments and trade-finance settlement, placing XDC in the RWA and L1 categories rather than pure DeFi or meme segments. CoinGecko reports a circulating supply of 16 billion XDC in another widely used dataset, with a fully diluted valuation of roughly $3.49 billion assuming a maximum supply of 38 billion tokens. That configuration gives XDC one of the larger RWA/L1 market caps, even if daily volume remains below the most aggressively traded smart-contract platforms.

February’s XDC Network update outlined several major developments that help explain why institutions are watching the chain even as price moves remain subdued. The network completed its v2.6.8 “Cancun” upgrade at block 98,800,200, aligning with Ethereum’s Cancun standard and introducing EIP-1559-style fee mechanics, improved EVM efficiency, and stronger consensus performance on mainnet. Separate to the protocol changes, XDC supported a $75 million tokenized debt issuance in Brazil, expanding its Latin American footprint and positioning the chain as a settlement layer for structured credit in emerging markets.

XDC within the RWA and hybrid-L1 landscape The combination of hybrid architecture, compliance-by-design tooling and EVM compatibility has led some industry observers to describe XDC as part of a blueprint for institutional-grade blockchain adoption in 2026. At the same time, market data from CoinGecko show 24-hour XDC trading volume around $46.1 million on certain days, a figure that has recently risen by over 11% in a single session, signalling that liquidity is gradually deepening as more venues list the token.

Republic has joined XDC Network as an institutional validator, adding another established financial technology institution  to the blockchain’s validator group as it expands its role in trade finance and real-world asset tokenization.

Under the partnership , Republic will operate masternodes responsible for helping secure XDC Network and validate on-chain transactions. The announcement links Republic more directly to the technical systems behind blockchain-based financial applications, particularly those designed for institutional markets.

XDC Network is an enterprise-grade layer-one blockchain built for global trade and finance. Its architecture supports real-world asset tokenization, cross-border settlement, trade finance applications, stablecoins, and institutional decentralized applications.

For Republic, the validator role deepens its exposure to blockchain systems beyond marketplace services, tokenization, asset management, advisory, and staking operations.

“XDC is one of the few blockchain networks where the use cases are not theoretical, they are live, scaled, and institutionally backed. The trade finance track record, the validator set, the real-world asset pipeline. For Republic, joining at the infrastructure level is a statement about where we see the digital asset economy heading, and the kind of infrastructure we want backing that conviction,” said Jeffrey Vier, Head of Tokenization at Republic.

Republic Brings Institutional Backing to XDC’s Validator Set Validators play a core role in proof-of-stake and masternode-based blockchain networks. They help confirm transactions, support network uptime, and contribute to the trust model behind on-chain activity.

Republic’s participation comes as XDC Network continues to add institutional validators to its ecosystem. Recent validator additions include HashKey Cloud and UOB Venture Management.

Shanlong James Chen, Head of Strategic Investments at XVC Tech, the venture capital arm of XDC Network, said Republic’s participation supports the network’s institutional growth.

“Each additional institutional validator improves the robustness of our layer 1 protocol as well as correspondingly increases credibility and confidence in the network. This announcement at Consensus Miami is well timed. We will be unveiling more US validators in the coming weeks as XDC increases its North American footprint,” Chen said.

The timing also points to XDC Network’s growing focus on the US market. More institutional validators could help the network strengthen its presence among financial firms, asset managers, and blockchain companies exploring tokenized finance.

Trade Finance and RWAs Remain XDC’s Main Focus XDC Network has built its market identity around trade finance, tokenized assets, and enterprise blockchain applications. These areas have become a major part of institutional crypto adoption as firms search for more efficient settlement systems and digital representations of financial assets.

Trade finance remains one of blockchain’s most discussed enterprise use cases due to its reliance on documentation, intermediaries, and cross-border coordination. Tokenization offers a way to represent assets and related financial rights on-chain, while blockchain settlement can reduce operational friction across markets.

Republic has facilitated more than $2.6 billion in investments, supported over 2,500 ventures, and built a community of more than 3 million users across 150 countries. Its business spans private market investment services, community financing, accredited investment opportunities, tokenization, staking, digital asset management, blockchain advisory, and private investment advisory services.

By joining XDC Network at the validator level, Republic is supporting the base systems used for transaction validation and network resilience. The move also gives XDC another institutional participant as it grows its validator network around real-world financial use cases.

For XDC Network, the announcement adds momentum to its institutional validator program. For Republic, it extends the company’s role in digital assets into the operational foundation of a network focused on trade finance and real-world assets.