According to @HenriArslanian, Bhutan is allocating over $1B from its Bitcoin reserves to build a clean-energy crypto economic hub, a sovereign-scale BTC deployment that can reduce exchange float and influence spot liquidity, funding, and basis. Source: @HenriArslanian. He reports the ECB is speeding up digital euro plans, a CBDC catalyst traders watch for potential policy shifts affecting euro stablecoins and tokenized deposits. Source: @HenriArslanian. He says Pakistan is exploring tokenizing $2B in assets, which could expand real-world-asset issuance pipelines and on-chain settlement volumes. Source: @HenriArslanian. He adds data indicate North Korea-linked operations stole over $2B via hacks this year, underscoring smart-contract and bridge security risks that can widen DeFi risk premia and dampen altcoin liquidity during exploit newsflow. Source: @HenriArslanian.

According to @santimentfeed, the top Real World Assets (RWA) by development activity are 1) Chainlink (LINK), 2) Hedera (HBAR), 3) Avalanche (AVAX), 4) Stellar (XLM), 5) IOTA (IOTA), 6) Axelar (AXL), 7) Chia (XCH), 8) VeChain (VET), 9) Injective (INJ), and 10) Centrifuge (CFG), based on their latest GitHub-based ranking shared on X on Dec 10, 2025 (source: Santiment on X). According to @santimentfeed, directional indicators in the ranking reflect each project’s rise or fall versus last month, providing a month-over-month gauge of development momentum for RWA-focused traders (source: Santiment on X). According to @santimentfeed, the ranking uses Santiment’s methodology that aggregates GitHub activity from project repositories, which the firm states is useful for crypto trading by highlighting sustained builder activity over short‑term noise (source: Santiment methodology article on Medium shared in the X post). According to @santimentfeed, traders can track these projects in a dedicated Real World Asset watchlist via the Santiment app to monitor relative development strength within the RWA narrative (source: Santiment RWA screener link in the X post).

According to the source, a16z-backed Daylight has launched a new DeFi protocol designed to bring electricity markets onchain. According to the source, the update points to onchain access for electricity market functionality via decentralized finance infrastructure.

According to the source, Amundi has tokenized its AMUNDI FUNDS CASH EUR money market fund in partnership with CACEIS, with the fund’s shares recorded onchain on Ethereum (ETH). Source: user-provided social media post dated Nov 29, 2025. For traders, this places a euro money market instrument’s share records directly on Ethereum, a development RWA-focused desks monitor for onchain adoption signals and liquidity tracking across ETH and tokenized assets. Source: user-provided social media post dated Nov 29, 2025.

According to Amber Group, Managing Partner Yi Bao told CVC Summit SG that tokenized finance will be the new norm within five years, emphasizing secure bridges between institutional finance and crypto, source: Amber Group official X post dated Nov 24, 2025. This view aligns with live institutional tokenization programs, including BlackRock’s BUIDL fund launched on Ethereum in March 2024, source: BlackRock press release March 2024. Tokenized U.S. Treasuries outstanding exceeded 1 billion dollars in 2024, signaling growing demand for on-chain fixed income, source: RWA.xyz 2024 dashboard. JPMorgan’s Onyx Tokenized Collateral Network executed its first live collateral settlement in 2023 using tokenized money market fund shares between BlackRock and Barclays, source: JPMorgan announcement November 2023. Franklin Templeton operates a U.S.-registered on-chain money market fund with tokenized shares on Stellar and Polygon, expanding institutional-grade settlement options, source: Franklin Templeton updates 2023–2024. Singapore’s regulator advanced Project Guardian pilots with global banks in 2023, underscoring policy support for institutional tokenization in the region, source: Monetary Authority of Singapore press releases 2023. For traders, the most direct exposure themes are RWA infrastructure, tokenized Treasuries and MMFs, and base-chain activity on Ethereum (ETH) and select L2s where these deployments operate, source: BlackRock press release March 2024; Franklin Templeton updates 2023–2024; JPMorgan announcement November 2023. Liquidity and activity tend to cluster around these institutional rails as tokenization scales, making sector flows and ETH on-chain metrics timely to monitor, source: BIS 2023 tokenization analysis.

According to @MilkRoadDaily, SharpLink Gaming CEO and former Head of Digital Assets Strategy at BlackRock stated that "ETH will drive the real world economy as well as the global financial system" in a video shared on Aug 31, 2025; source: @MilkRoadDaily. This statement explicitly frames Ethereum as financial infrastructure for real-world use, reinforcing an institutional-grade bullish narrative for ETH; source: @MilkRoadDaily. Traders can monitor ETH/BTC rotation, options skew, and spot-liquidity in case this high-profile endorsement influences short-term flows; source: @MilkRoadDaily.

According to @MilkRoadDaily, crypto assets equal 0.6% of global wealth, indicating limited penetration versus traditional markets and framing the tokenization trade as early-stage; source: Milk Road (@MilkRoadDaily), Aug 9, 2025. According to @MilkRoadDaily, stablecoins represent 0.1% of total FX volume, highlighting that on-chain FX settlement remains nascent relative to legacy rails, a context relevant to liquidity and adoption timelines; source: Milk Road (@MilkRoadDaily), Aug 9, 2025. According to @MilkRoadDaily, tokenized securities account for 0.001% of capital markets, supporting its early-deployment view of the real-world asset tokenization stack; source: Milk Road (@MilkRoadDaily), Aug 9, 2025. According to @MilkRoadDaily, the potential addressable market for tokenized assets exceeds 780 trillion dollars, reinforcing its we’re-still-early narrative for real-world asset (RWA) tokenization and stablecoin infrastructure; source: Milk Road (@MilkRoadDaily), Aug 9, 2025.

According to sundarpichai, crypto exchange Gemini has launched tokenized stocks for European Union users, starting with shares of major Bitcoin (BTC) holder MicroStrategy (MSTR) in partnership with Dinari. This move aligns with a broader trend in real-world asset (RWA) tokenization, with competitors like Coinbase and Kraken also exploring the space. In other major developments, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic pivot towards the AggLayer cross-chain protocol while retiring the zkEVM network. The Ethereum Foundation (ETH) has introduced a new treasury policy capping annual operational expenses at 15% to ensure long-term sustainability, which could reduce future ETH selling pressure. Additionally, Bitcoin Core developers confirmed the upcoming version 30 release will significantly increase the OP_RETURN data limit, a technical change that could enable more complex data applications on the Bitcoin network.

According to @Andre_Dragosch, the cryptocurrency market is witnessing several pivotal technical and strategic shifts. Polygon (MATIC) is undergoing a major overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation, reorienting the project towards its AggLayer cross-chain protocol and retiring the zkEVM rollup, as stated in a press release. Concurrently, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability and focus on critical deliverables for 2025-26, according to its blog post. In the Bitcoin ecosystem, developers confirmed in a GitHub update that the upcoming Bitcoin Core version 30 will increase the OP_RETURN data limit from 80 bytes to nearly 4MB, a move that has sparked debate about potential network spam. Other significant developments for traders include the mainnet launch of Plume, a blockchain focused on real-world assets (RWA), and Ant Group's reported plan to seek stablecoin licenses in Hong Kong and Singapore, signaling growing institutional interest and regulatory clarity in Asia.