RWA ๐ Global & Macro: U.S. stocks opened mixedโDow dipped while S&P 500 and Nasdaq advanced. The VIX fell to 15.04, a one-week low, signaling easing market anxiety. Meanwhile, the U.S. trade deficit hit its highest since March 2025, driven by surging AI infrastructure imports.
๐ฆ RWA & Institutional: Robinhood expanded its crypto offerings by listing MORPHO, the governance token of the Morpho DeFi lending protocol, broadening retail access to decentralized finance.
โก Crypto & Markets: Nvidia surged nearly 7% at the open, reaching a $5.39 trillion market cap, reflecting strong investor confidence in AI chip demand. MORPHO’s listing on Robinhood adds a new dimension to crypto trading.
๐ก Key Takeaway: Mixed equity performance and a cooling VIX suggest cautious optimism, while AI-driven trade deficits and Nvidia’s rally highlight the market’s focus on AI infrastructure and its macroeconomic ripple effects.