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Tag: Real World Assets (RWA)

xStocks and the Tokenization of Wall Street

xStocks and the Tokenization of Wall Street

xStocks are tokenized versions of real-world stocks and ETFs on the Solana blockchain. They offer 24/7 trading, fractional ownership, and DeFi integration. Backed 1:1 by underlying assets held by custodians, they aim to merge traditional and decentralized finance. Risks include crypto market volatility, regulatory uncertainty, and potential security vulnerabilities. The xStocks ecosystem is growing, with a current market...

Main, Real World Assets (RWA)

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From Mantra’s Collapse to Pi Coin’s Rally: What’s Driving Crypto Today?

The crypto market was rocked by a dramatic 90% plunge in Mantra (OM), wiping out over $5.5 billion in market cap in mere hours on April 13, 2025. The crash, attributed to massive liquidations on exchanges like Binance and a sudden surge in token supply, has sparked widespread investor panic. Mantra’s CEO, John Mullin, denied insider selling allegations, but on-chain data suggests a wallet linked to the team may have contributed to the...

Bitcoin, Crypto market, Cryptocurrencies, Real World Assets (RWA)

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Mantra OM Token Crash

Mantra’s OM token likely crashed by over 90%. Losing around $5 billion in market cap in less than an hour. The team claims the crash was due to “reckless forced liquidations” by centralized exchanges, especially during low-liquidity hours. Over $74 million in liquidations occurred, impacting many traders, with some positions losing more than $1 million each. Mantra denies any team involvement and is...

Cryptocurrencies, DeFi, Front page, Real World Assets (RWA)

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Plume Network - crypto

Plume Network Secures $10M in Seed Funding from Haun Ventures, Galaxy Ventures and Others

San Francisco, CA; May 23, 2024 | Plume , the first modular Layer-2 EVM built to bring any real-world asset (RWA) to the blockchain, announces its $10M seed round led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Notable angels include founders and executives of leading projects such as Anthony Ramirez of Wormhole Labs, Calvin Liu of...

Cryptocurrencies, Press release, Real World Assets (RWA)

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S&P Global Rankings Advocates for Tokenization in Asset Management

S&P Global Rankings Advocates for Tokenization in Asset Management

S&P Global Rankings emphasizes the importance of tokenization for asset managers. Public blockchains offer significant efficiency benefits over legacy financial architectures. Tokenization can revolutionize the way assets are managed, traded, and settled. The Rise of Tokenization in Asset Management Tokenization has emerged as a powerful tool for asset managers, offering a range of benefits that can help streamline...

Blockchain, Front page, News, Real World Assets (RWA)

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