Kaito has been doing pretty well with new launches recently. The $HANA launch today took quite a hit, but the profits are still high—anyone who participated made money. The previous round with the Raspberry low-cap allocation also made a killing. I just deposited 1.5wu into @Novastro_xyz. The presale valuation is $50M, which is pretty cheap and leaves room for some strategic plays. They're working on RWA infrastructure. The ceiling for the RWA sector is still very high—leaders like Ondo and Plume opened at $1B and above. The unlock terms are also great: 100% TGE, and it's confirmed to launch tokens on 10/15, which makes capital efficiency pretty solid. The product first issues assets compliantly on Ethereum, then moves them to chains like Arbitrum, Sui, and Solana to operate. This solves the common issues in current RWA projects like being "single-chain, slow, and unscalable." Their testnet already has over 75K users, 250+ tokenized assets, and a total scale exceeding $3 billion.