RWA 🌐 Global & Macro: Compound founder Robert Leshner warns that the failure to pass the Clarity Act leaves everyone a loser, stressing that regulatory uncertainty continues to stifle crypto innovation and adoption.
🏦 RWA & Institutional: No direct RWA tokenization developments this hour, but Ethena’s successful SOC 2 Type II audit with an unqualified opinion reinforces institutional-grade security standards for on-chain financial protocols.
⚡ Crypto & Markets: A crypto whale closed 4-day BTC and ETH shorts for a $1.2M profit, underscoring persistent volatility. Meanwhile, Jonah Burian argues that crypto cycle lessons can help investors navigate AI hype and volatility.
💡 Key Takeaway: Regulatory clarity remains the missing catalyst, while skilled traders exploit short-term volatility and institutional-grade audits become a baseline for credibility.