- RWA World
- Posts
- 🎆 Digital Asset Reserve Does Little To Calm Markets
🎆 Digital Asset Reserve Does Little To Calm Markets
RWA World Newsletter - Mar 14, 2025
Hey there! Ray Buckton, Head of Research at RWA World, rocking your world with another deep dive into tokenized assets. 🥽
It’s official: The United States now has a strategic crypto reserve. 👀
With 80 total measures across 33 states, could this be the shot across the bow that kicks off a global Bitcoin arms race? ⚔️
🎯🔥 Rapid Fire Takeaways:
💹 Ondo Finance TVL Surpasses $1 Billion Becoming Largest RWA Platform
♟️ US Established Strategic Crypto Reserve
Even if governments balk at the idea, blockchain is starting to make offers that traditional finance can’t refuse. 🚬
Recent research by Calastone shows that tokenization could save $135 billion for the asset management industry – big savings from tech that’s so far primarily been used for hot air and jpegs. 🧩
💸 Billion With A “B”
Billions are becoming much more common these days. Ondo Finance officially passed the $1 billion total value locked (TVL) mark, becoming the biggest RWA platform by that metric. At the same time, ATME, a Bahrain-licensed exchange, kicked in the door to the $1 billion gold market. 🚪
Not far behind that milestone, our friends at Superstate have registered their transfer agent with the SEC, which is a growing sign that the US regulatory environment is softening on digital assets. That’s led some to opine that the recent stablecoin bills might be too soft for their own good – talk about a trend reversal. 💱
If you’re interested in what other trends might be reversing and emerging, check out the recent report from Brickken and CoinTelegraph. It’s a great read, and with every corner of the world being touched by RWAs (even Gujarat is on board with tokenization), it’s good to stay ahead of the trend. 🤓
🤝 Partnerships Get Serious
Handshakes all around this week, with Cantor Fitzgerald partnering with Anchroage Digital and Copper on Bitcoin financing and Cashlink partnering with 21X on trading technologies. Not to be outdone, Hashkey Global buddied up with VerifyVASP for travel rule compliance, and Ozean partnered with First Digital to expand its tokenized asset horizons. 🌅
While not quite a partnership, Crypto Finance AG also expanded Wyden’s liquidity network for digital asset trading for institutional investors. This happened while Sygnum expanded its off-exchange custody platform to include Deribit – the world’s largest crypto derivatives exchange. 🌐
📦 Big Exchanges Underway
Exchanges, service expansions, and new solutions were also on full display this week. Singaporean SGX has listed open-ended Bitcoin futures contracts, while the Tel Aviv stock exchange explored DLT clearing and settlement. 📊
MNB also kicked off its DLT-based register for banks and issuers, while the Dubai-owned Emirates NBD officially debuted crypto trading on the Liv X app. Meanwhile, BBVA now offers Bitcoin and Ether trading and custody in Spain, and Clearstream has rolled out the same in Europe. 💻
Overall, these institutions seem pretty safe—but then again, so did SAFE before the $1.4 billion ByBit hack. Now, in its deep-dive investigation, SAFE has revealed how the hack occurred. That peace of mind hasn’t stemmed the $485 million outflows from Solana, though, as some capital seeks safety from hacks and the recent market downturn. 📉
🧑⚖️ Regulation Rising Rapidly
This week, a profound shift in regulatory policy out of the United States, with the OCC now allowing banks to deal in crypto and digital assets. Expect many pilot programs coming out of skunk works and into the limelight as a new era emerges for US banking. 💡
But not everyone is celebrating – the EU claims that the US’s embrace of stablecoins could undermine European financial stability. It’s the next chapter in the ongoing saga of how digital fiat will redefine global finance – and with one in three Europeans saying they’d use a digital euro, the EU might just have a trump card of their own. 🃏
💝 Wrapping Things Up
Another great week in tokenized assets and RWA despite the market blues.
It’s always dark before dawn, so even if we head lower from here, the builders that make the technology great will keep on trucking.
We’re here for them and for you.
Until next time!
