RWA
Traditional Finance Accelerates Onchain Credit Push as Morpho Raises $175M
Blockchain lending protocol Morpho secured $175 million in funding co-led by Paradigm, a16z crypto, and Ribbit Capital to build foundational infrastructure for onchain credit markets. With over $11 billion in deposits and institutional clients including Galaxy, Anchorage Digital, Bitwise, and major exchanges like Coinbase and Kraken, the raise underscores growing institutional interest in blockchain-based financial infrastructure.
Cipher Digital Raises $810M in Junk Bonds to Fund Amazon-Leased Texas Data Center
Former crypto miner Cipher Digital secured $810 million through a junk bond offering to complete its Stingray data center in Texas, which is under a 15-year lease with Amazon, highlighting the trend of high-risk debt financing in AI infrastructure buildout.
Artemis Launches Enhanced Stablecoin Analytics Tool with Multi-Dimensional Market Insights
Blockchain data analytics platform Artemis has released an upgraded stablecoin analysis tool featuring expanded core metrics, industry categorization, and market performance tracking to provide refined data insights for the growing stablecoin market.
SpaceX Cuts IPO Valuation to $1.8 Trillion, Sparking Asian Supply Chain Investment Wave
SpaceX has revised its IPO target valuation downward from $2 trillion to $1.8 trillion, though it still aims to achieve the largest public offering in history. This adjustment is forcing Wall Street to reorganize resources while directing investor attention toward Asian supply chain companies poised to benefit from the tech boom.
SoFi Bank Launches Dual-Track Digital Assets: Stablecoin and Tokenized Deposits Validate Coexistence Model
SoFi Bank becomes the first OCC-regulated national bank to issue a stablecoin, launching both SoFiUSD (1:1 Fed reserves, global circulation) and tokenized deposits (FDIC-insured, ecosystem-restricted) to serve 15 million users, validating the functional segmentation thesis that stablecoins and tokenized deposits will coexist rather than compete.