To be honest, from what I've seen recently on RWA (Real Estate Investment and Development), tokenized US stocks and bonds have become somewhat volatile. What's truly interesting might be private lending. @TownSquarexyz listed two more AI-related lending assets today: townAIROBO (robotics) at $120 million and townBATT (energy storage) at $50 million. Adding to the previous townREIT, there are now over $436 million in on-chain assets. The general logic: They want to create an "on-chain Apollo"—moving private lending in the real economy, previously only open to institutions, onto the blockchain. Unlike simply bringing existing US stocks and bonds onto the blockchain, this involves directly initiating loans to real businesses, with revenue coming from borrower repayments. Previously, in collaboration with @multiplifi, they deployed over $260 million in private lending on Base, Robinhood Chain, and Monad. They plan to add data centers, mining, and gold in 2027. Judging from the product portfolio, it seems quite comprehensive, with one platform covering multiple sectors. However, the essence of private lending still depends on whether the underlying borrowing companies can repay on time, and KYC is required for participation, meaning only non-US users can participate. Those interested can check it out further.