๐ Global & Macro: No major macro events reported in this hour; focus remains on crypto and RWA developments.
๐ฆ RWA & Institutional: Alkemya Metacore plans a $50M tokenized raise to advance its nickel trading business, highlighting the growing convergence of real-world assets with blockchain technology.
โก Crypto & Markets: Gate exchange leads major CEXs in holdings of ChangXin Memory Technologies (CXMT) tokens, reflecting increased crypto interest in equity-linked assets. Meanwhile, Base-based DeFi lending protocol Moonwell suffered an attack with losses exceeding $4M, underscoring persistent security risks. Fixed-rate lending protocol TermMax secured a strategic investment from YZi Labs (amount undisclosed) to fuel its expansion in DeFi lending.
๐ก Key Takeaway: RWA tokenization continues to gain traction with Alkemya’s $50M raise, while DeFi security remains a critical concern as Moonwell’s $4M loss demonstrates.
RWA