【Midday Deep Dive | Wall Street Is Moving Onchain at an Accelerating Pace】
Three signals in 24 hours confirm that the convergence of crypto and traditional finance is speeding up:
① Ripple received final OCC approval to establish a national trust bank, bringing $RLUSD under federal oversight—a first in crypto history;
② Janus Henderson partnered with Centrifuge to issue JQQQ, the first licensed tokenized Nasdaq 100 fund, on the Stellar network ($XLM ), marking the traditional asset management sector’s official entry into RWA;
③ Robinhood’s Q3 crypto revenue rose 20% quarter over quarter to $120 million. In its first quarter since launch, Robinhood Chain’s DEX trading volume exceeded $80 billion, and 15 Ondo tokenized stocks launched alongside it.
Onchain, active loans on $AAVE V4 surpassed $500 million, as lending demand also picked up. The market’s focus is shifting to tomorrow’s FOMC meeting, with a 95% probability of no change already priced in. The case for bringing traditional assets onchain is being validated with real money, and the RWA sector’s turning point—from storytelling to scale—is becoming increasingly clear.
NFA | DYOR
#RWA #XRP #比特币 #加密货币 #DeFi
Three signals in 24 hours confirm that the convergence of crypto and traditional finance is speeding up:
① Ripple received final OCC approval to establish a national trust bank, bringing $RLUSD under federal oversight—a first in crypto history;
② Janus Henderson partnered with Centrifuge to issue JQQQ, the first licensed tokenized Nasdaq 100 fund, on the Stellar network ($XLM ), marking the traditional asset management sector’s official entry into RWA;
③ Robinhood’s Q3 crypto revenue rose 20% quarter over quarter to $120 million. In its first quarter since launch, Robinhood Chain’s DEX trading volume exceeded $80 billion, and 15 Ondo tokenized stocks launched alongside it.
Onchain, active loans on $AAVE V4 surpassed $500 million, as lending demand also picked up. The market’s focus is shifting to tomorrow’s FOMC meeting, with a 95% probability of no change already priced in. The case for bringing traditional assets onchain is being validated with real money, and the RWA sector’s turning point—from storytelling to scale—is becoming increasingly clear.
NFA | DYOR
#RWA #XRP #比特币 #加密货币 #DeFi