๐ Global & Macro: Gold surges 2.5% to $4,369.28/oz on strong safe-haven demand. US memory chip stocks rally, with SK Hynix up 4.54% and several peers gaining over 3%. Intel shares rise 5% in early trading, though no specific catalyst was cited.
๐ฆ RWA & Institutional: Robinhood CEO Vlad Tenev says the US has entered a tokenization era, with the SEC actively driving financial innovation. He emphasized the convergence of traditional finance and DeFi as a key trend.
โก Crypto & Markets: US stocks opened with AI concept names broadly higher; Arm jumped more than 7.1%, reflecting continued investor enthusiasm for AI despite broader market uncertainty.
๐ก Key Takeaway: Risk appetite is selective: AI and semiconductor names are leading gains while gold rallies on hedging demand, as tokenization momentum builds with regulatory tailwinds.
RWA