整理：Nona，Techub News
**TinTinLand
**
Fear and Greed Index: 43 (Neutral)
Bitcoin Price: $111,092
BTC/ETH Spot ETF Fund Flow (9.9)
BTC Net Outflow: $146.25 M
ETH Net Inflow: 0
Hong Kong
BTC/ETH Spot ETF Fund Flow (9.9)
BTC Net Subscription: 0 BTC
ETH Net Subscription: 0 ETH
[]( RWA Project, Initial Issuance Scale of 100 Million HKD
Hong Kong listed company Singularity Global announced that its shareholders have packaged their shares with liquor raw material assets to serve as the underlying assets for RWA, and have officially launched related products on the ADG platform (a decentralized RWA issuance management platform deployed on the Binance chain). According to the announcement, the total issuance scale of the project is planned to be 500 million HKD, with the first phase issuing 100 million HKD.
Hong Kong licensed virtual asset trading platform EXIO Limited's parent company EXIO Group announced that it has partnered with CITIC Trust's CITIC Xinhui to issue the first real-world asset digital token (token name: $EXCB-25, Ethereum mainnet) using convertible preferred notes in Hong Kong. This RWA is in the form of notes, supports subscription in stablecoins, and is managed by a trust institution as the core role of asset ownership registration. According to EXIO Group, compared to traditional models, the note structure used in the new product has advantages of lower costs and more native on-chain asset ownership, enhancing overall efficiency and investor experience.
<a href=)
[]( Web3.0 Standardization Association Council Member
The Beijing Blockchain Technology Application Association announced that Zhongke Jincai has officially become a council member of the Hong Kong Web3.0 Standardization Association. Information shows that the Hong Kong Web3.0 Standardization Association is a technical organization conducting standardization research in the Web3.0 field, aiming to promote the high-quality development of the global Web3.0 industry through standardization.
]( Selected Activities in Hong Kong for September
We have specially compiled noteworthy activities in the cryptocurrency field in Hong Kong for September, which will open a window to the future of Web3 for you.
<span style=)
[]( Selected Activities in Hong Kong for September
We have specially compiled noteworthy activities in the cryptocurrency field in Hong Kong for September, which will open a window to the future of Web3 for you.
DAT is a structural opportunity window, not a short-term narrative, but a long-term value capture and ecological flywheel. Value capture is the long-term development dividend of the industry; the ecological flywheel is that DAT can collaborate with other cryptocurrency businesses within the ecosystem.
The heat of Bitcoin treasury is cooling down, while the ETH treasury is in an acceleration phase. The overall story of DAT continues, but the distribution of funds has shifted from "overall frenzy" to "structural differentiation."
<h3 dir=)[
]( Will it suddenly cool down?
The heat of Bitcoin treasury is cooling down, while the ETH treasury is in an acceleration phase. The overall story of DAT continues, but the distribution of funds has shifted from "overall frenzy" to "structural differentiation."
<h3 dir=)[]( Will it suddenly cool down?
The heat of Bitcoin treasury is cooling down, while the ETH treasury is in an acceleration phase. The overall story of DAT continues, but the distribution of funds has shifted from "overall frenzy" to "structural differentiation."
<h3 dir=)[The U.S. Department of Justice announced that a man from La Puente, California, was sentenced to 51 months in prison for participating in a global cryptocurrency scam that laundered $36.9 million and must pay $26.9 million in restitution. He and his accomplices used a Bahamian company, Axis Digital, to receive funds, transferring victim funds to Delta Bank accounts before converting them to USDT and sending them to scam wallets. This case is part of the Department of Justice's ongoing crackdown on transnational "pig butchering" cryptocurrency scams and money laundering networks.]( $36.9 million cryptocurrency scam funds, sentenced to 51 months in prison<p class=)
[]( $36.9 million cryptocurrency scam funds, sentenced to 51 months in prison<p class=)[The Seoul Police Agency dismantled an international hacker group over two years, identifying 258 victims, including corporate executives and high-net-worth individuals, with involved funds of approximately 39 billion KRW (about $30 million). The police used Chainalysis Reactor to trace on-chain fund flows and collaborated across borders, capturing the main suspect in Thailand and extraditing him back to Korea 106 days later, recovering about 14 billion KRW. The group was accused of illegally opening mobile accounts and impersonating institutional personnel to invade and transfer funds.
]( $30 million<p class=)
[]( $30 million<p class=)[Russian President Putin's advisor Anton Kobyakov stated that the U.S. is strategically using cryptocurrencies and gold to address its massive debt, to "urgently solve the problem of declining trust in the dollar." "The U.S. is trying to rewrite the rules of the gold and cryptocurrency markets. Don't forget their debt scale, $35 trillion. These two areas of cryptocurrency and gold are essentially alternatives to the traditional global monetary system. Washington's actions in this field clearly highlight one of its main goals: to urgently address the issue of declining trust in the dollar."
]( $37 trillion debt<p class=)
[]( $37 trillion debt<p class=)[Exchange operator Nasdaq has submitted an application to the U.S. Securities and Exchange Commission, requesting the agency to amend regulations, including the definition of securities, to allow investors to trade tokenized stocks on its exchange. If approved, it would mark the first time tokenized securities are allowed to trade on a major U.S. stock exchange, and it would also be a significant attempt by the exchange operator to incorporate blockchain settlement into the national market system.
](<p class=)
[Two informed sources revealed that the cryptocurrency trading platform Gemini Space Station has secured Nasdaq as a strategic investor, as the company plans to go public in New York this week. Gemini may raise up to $317 million through its initial public offering and has arranged for Nasdaq to privately purchase $50 million in shares at the IPO. Due to the agreement not being public, the sources requested anonymity. This investment is part of a collaboration that will allow Nasdaq's clients to use Gemini's custody and staking services, the sources said. Gemini's institutional clients will also be able to use Nasdaq's Calypso platform to manage and track trading collateral. Gemini is expected to begin trading on Nasdaq under the ticker "GEMI" on Friday. The sources warned that the company's plans are subject to market conditions and may change.
]( Gemini invests $50 million<p class=)
[]( Gemini invests $50 million<p class=)[Zhongke Jiangnan responded on the interactive platform that the national medical insurance blockchain platform constructed by the company has a partnership with Ant Group.
](<p class=)
[](<p class=)[U.S. Attorney General Brian L. Schwalb has sued Bitcoin ATM operator Athena Bitcoin, accusing it of failing to disclose fees of up to 26% and ignoring scams targeting elderly users. The lawsuit claims Athena operates 4,100 ATMs in five countries, with some users charged far above market rates for Bitcoin exchange fees, and receipts failing to clearly state the fees. The prosecution accuses it of violating consumer protection laws and financially exploiting the elderly. Athena denies the allegations and states it will actively defend itself.
]( Athena Bitcoin sued by U.S. Justice for high fees and ignoring elderly scams<p class=)
[]( Athena Bitcoin sued by U.S. Justice for high fees and ignoring elderly scams<p class=)[Swiss cryptocurrency platform SwissBorg tweeted that due to an attack on its partner's API, the SOL Earn Program was affected, resulting in a loss of approximately 192,600 SOL (worth about $41.3 million). The official plan is to use its SOL treasury to help users "make up most of the balance," with the specific amount to be finalized soon. Additionally, the official team has taken security measures, suspended related redemptions, and has collaborated with white hat hackers and security teams to attempt to recover the stolen funds. This incident did not affect SwissBorg's other Earn projects and in-app funds.
]( Hacked, resulting in a loss of approximately $41.3 million SOL<p class=)
[]( Hacked, resulting in a loss of approximately $41.3 million SOL<p class=)[Ant Group's digital technology department plans to connect over 60 billion RMB (approximately $8.4 billion) of energy infrastructure and other physical power assets to its blockchain network. Currently, it has tracked the power generation and potential risk data of over 15 million new energy devices (including wind turbines and solar panels) and has completed three financing rounds totaling 300 million RMB.
]( $8.4 billion energy assets on-chain<p class=)
[]( $8.4 billion energy assets on-chain<p class=)[On-chain detective ZachXBT tweeted that the Solana project Aqua is suspected of a rug pull, involving an amount of approximately 21,770 SOL (about $4.65 million). A few hours ago, the funds were split into four parts and transferred through multiple addresses before flowing into several instant trading platforms. Previously, the project had been promoted by teams such as Meteora, Quill Audits, Helius, SYMMIO, Dialect, and several KOLs. The team has now disabled all comment functions on X platform's tweets.
]( Project Aqua suspected of rug pull, involving an amount of approximately $4.65 million<p class=)
[Bitcoin treasury companies hold Bitcoin as a strategic asset on their balance sheets, typically integrating it into their financial and operational strategies. Unlike traditional companies that hold cash or securities, these companies view Bitcoin as a store of value and unit of account, leveraging its ideological and technological attributes to enhance shareholder value.
](<p class=)
[](<p class=)[Currently, the tokenized stock market is still in its early stages, with limited trading depth, large bid-ask spreads, and occasional price deviations from spot prices, making it difficult to completely eliminate these issues in the short term. However, as more platforms enter, market makers expand liquidity pools, and institutional investors gradually participate, market capacity and efficiency are expected to improve rapidly. For the financial industry seeking incremental stories in a new cycle, tokenized stocks are undoubtedly a long-term experiment worth betting on.
Perspective
](<p class=)
[](
With the arrival of the "institutional era," the importance of real-world asset (RWA) tokenization in the digital asset space is increasing day by day, and competition is becoming more intense. It has now become another major avenue alongside digital asset treasuries (DAT) and cryptocurrency ETFs.
<div class=)免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
X
Telegram
CopyLink
