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Ondo Finance has launched a new category of on-chain products, Ondo Intelligent Portfolios, which presents curated investment portfolios through a single transferable on-chain token. The first three portfolio tokens are constructed based on BlackRock's customized portfolio strategies for Ondo, allowing qualified investors in eligible jurisdictions outside the United States to gain relevant economic exposure through a single token.Traditionally, diversified, professionally constructed investment strategies typically required access through brokerage accounts and traditional fund structures. Now, these portfolios can be accessed through peer-to-peer transferable tokens issued by Ondo, available in users' existing wallets, exchanges, and DeFi applications, and support automatic rebalancing via smart contracts, programmable integration with the broader on-chain economy, and the combination of multiple asset classes within a single token.The three strategies are BLKHIon (High Yield), BLKDIGon (Diversified Growth), and BLKGRWon (High Growth). Holding the tokens provides economic exposure to the underlying asset baskets; each product is issued by Ondo Global Markets and tokenized by Ondo Finance. Investors only need to mint or redeem a single token to hold tokenized assets with weighted allocations, with positions, weights, and rebalancing visible on-chain in real-time.Lisa O'Connor, Head of Global Model Portfolio Solutions at BlackRock Multi-Asset Strategies, and Co-Chief Investment Officer of Global Solutions, stated that tokenization provides a new digital delivery pathway for portfolio strategies; Ian De Bode, Acting CEO and President of Ondo Finance, mentioned that such portfolios have never appeared on-chain before. Ondo plans to continue expanding this product line in the future.

According to CoinDesk, digital asset investment firm RockawayX announced an investment of $150 million to launch the Catapult program, aimed at bringing more private credit and other yield-generating real-world assets on-chain, betting that lending linked to the real economy will become one of the largest markets in the crypto space.The investment firm, which manages approximately $2 billion, stated that Catapult will provide venture capital, product structuring, liquidity, market making, and distribution support for tokenized credit products. RockawayX currently operates early-stage venture funds, market-neutral funds providing liquidity to DeFi protocols, and a vault business deploying about $300 million, and acquired the crypto hedge fund Relayer in August.According to RWA.xyz data, the scale of tokenized real-world assets such as bonds, stocks, and funds has rapidly grown to approximately $38 billion, but more than half of this is tokenized money market funds. RockawayX expects this market to reach $10 trillion to $20 trillion by 2030, a target higher than the $5.5 trillion benchmark forecast provided by Citigroup analysts. Catapult will focus on areas such as trade and supply chain finance, asset-backed securities, CLOs, and real estate-related credit.RockawayX CEO Viktor Fischer stated that following transactions, yields will become the largest application scenario on-chain, requiring new yield sources of over 12% that are uncorrelated with the crypto market. He pointed out that the appeal of bringing low-liquidity assets on-chain lies in the fact that even if the underlying investments have long redemption periods, market makers can create exit channels.

The European Banking Authority (EBA) calls for the inclusion of crypto lending in the EU's Markets in Crypto-Assets Regulation (MiCA) framework. In response to the European Commission's targeted consultation on MiCA, the EBA stated that lending activities involving crypto assets should be regulated, including situations where crypto asset service providers offer users access to decentralized finance (DeFi) lending protocols.The EBA recommends that the European Commission conduct a cost-benefit analysis for legislative amendments, considering the inclusion of intermediary crypto lending in the MiCA regulatory service list, and potentially adding specific compliance requirements and supervisory activities. The agency also suggested that corresponding requirements should be set for crypto companies providing customers access to DeFi lending protocols.Potential measures listed by the EBA include user suitability testing, leverage limits, and additional information disclosure requirements. The regulatory body also proposed that access to lending involving assets that require MiCA authorization, such as reference tokens or electronic money tokens, may be restricted, and a certification system should be introduced for DeFi lending protocols. The EBA noted that crypto lending is continuously growing within the EU, with previous studies showing lending activities in at least 16 member states; easier access to DeFi through crypto companies and artificial intelligence tools is increasingly blurring the lines between centralized and decentralized finance. The above recommendations are part of the EBA's overall opinion on the European Commission's review of MiCA, which also covers stablecoin rules, crypto asset classification, and reporting requirements.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale with a heavy investment of 4.5 million dollars in Robinhood Meme and DeFi leader has liquidated PONS tokens, with a selling pressure of 3.67 million dollars driving the price down by 4%, from 0.6968 to 0.6688 dollars.During the period from 14:21 to 15:17 today, the whale sold 5.338 million PONS at an average price of 0.6779 dollars, worth 3.67 million dollars. PONS was originally the largest asset on this address, with an acquisition price of about 0.7154 dollars, resulting in a loss of approximately 200,000 dollars from this sale.

Token Terminal data shows that Uniswap has accounted for over 99% of the Robinhood stock token DeFi deposits on the Robinhood Chain, with Uniswap v4 at approximately $53 million, v3 at about $25 million, and v2 at around $173,700.The total related deposits have increased by 532.8% over the past 30 days.

a16z, in collaboration with the DeFi Education Fund, submitted a joint proposal to SEC Commissioner Hester Peirce, proposing the establishment of safe harbor rules and the creation of a "rebuttable presumption," meaning that decentralized exchange (DEX) protocols and their front-end interfaces do not fall under the definition of "exchanges" as defined by the Securities Exchange Act of 1934.On the same day, a16z also submitted a second letter urging the SEC to establish a registration system for centralized cryptocurrency trading platforms, similar to the alternative trading system (ATS) rules from 1998. Both letters were dated September 14, and three days later, the SEC issued an "Innovation Exemption" for tokenized stock trading venues.

DeFi researcher Ignas stated that the popularity of Robinhood's ecosystem tokenized stocks and Meme coins is waning, with the TVL of Robinhood Chain's tokenized stocks remaining flat for two consecutive weeks, and the number of stocks destroyed has exceeded the issuance amount.Ignas further indicated that if trading volume continues to slow down, a decline in revenue may lead to weakened holding willingness, increased selling pressure, and cause LPs to exit, resulting in further liquidity contraction. He revealed that he has exited the Meme coin LP position due to a significant drop in yields and believes the market needs new catalysts to drive the trend again. He also noted that tokenized stocks on Solana seem to still be rising and speculated that the trend of funds shifting from Robinhood to Solana may be more sustainable.

According to The Block, Coinbase announced the launch of fixed-rate Bitcoin collateralized loans through Morpho Midnight, allowing users to borrow USDC and determine the interest rate and repayment date at the time of borrowing. This new option is alongside Coinbase's existing floating-rate loans (based on Morpho Blue), which have outstanding loans exceeding $1.4 billion, corresponding to collateral of approximately $3 billion.Morpho launched Midnight on Base in July, introducing fixed rates and clear loan terms for on-chain lending. A Morpho spokesperson stated that Coinbase is the first mainstream consumer platform to offer Midnight loans on a large scale; since Midnight's launch, deposits have reached approximately $30 million. The outstanding loans for Morpho Blue across all integrations amount to $5.2 billion, with deposits reaching $16 billion.A Coinbase spokesperson did not disclose specific interest rates, stating that rates are determined by the supply and demand of both parties on the on-chain order book. Currently, Coinbase offers loans that mature at the end of the month or the end of the following month, and borrowers must repay before the due date; otherwise, lenders have the right to liquidate their collateral. Jacob Frantz, Coinbase's head of revenue and investment products, stated that Coinbase Borrow allows users to obtain liquidity without selling assets, and fixed-rate borrowing gives users greater choice in credit management. Morpho indicated that Midnight could also be used in the future to build structured credit products and loans collateralized by tokenized real-world assets, with more integrations in progress.

World Liberty has initiated the WLFI governance voting, which involves a 180-day governance reward program.The reward does not have a fixed interest rate, and the fund pool is jointly contributed by the project treasury and the transaction fee income from World Liberty Markets.

According to the 8-K document submitted by DeFi Development Corp. to the U.S. SEC, the company increased its holdings of 101,381 SOL and SOL equivalents from September 14 to 18, 2026.As of September 18, the company's total holdings of SOL and SOL equivalents reached 2,490,304, an increase of approximately 4% from the previous week. The company stated that the SOL held in its treasury will be deployed through staking, validation nodes, and on-chain treasury infrastructure.

According to Bitcoin Magazine, Strategy CEO Phong Le stated in an interview video released by Bitcoin Magazine that the company's goal is not to become a pure Bitcoin holding company, but to become "the JPMorgan of the Bitcoin space"—by creating products, building markets, and providing liquidity for the digital asset economy, serving an economy that he believes could ultimately cover 8 billion people.Phong Le introduced that Strategy's digital credit ecosystem currently has a scale of approximately $15 billion, with the yields and tokenized products built on the DeFi protocols based on STRC being more important than the products launched by Strategy itself. He also discussed the reasons for the company's choice to repurchase rather than increase STRC dividends, as well as his thoughts on the digital credit business after experiencing a period of pressure.In terms of Bitcoin strategy, Strategy adopts a dual approach that emphasizes both long-term accumulation and flexibility, viewing Bitcoin as an item on the balance sheet close to cash. Le also responded to questions related to the MSCI index, stating that the company opposes being excluded based on principles, and revealed that AI tools have been embedded in various aspects of Strategy's software and Bitcoin business.

According to Cointelegraph, Uniswap leads in the total value locked in decentralized finance in the tokenized stock sector, with a combined increase of $82.8 million in V4 and V3.

Liquid Capital founder Jack Yi posted on the X platform, stating that once again, in line with expectations, after the Federal Reserve's interest rate hike, Bitcoin briefly dropped below $76,000 but continued to rise after fluctuations. He repeatedly reminded that during a bull market trend, one should not short, and various factors will influence the process; one must not easily exit until the end of the bull market.Next, in line with the bull market, asset explosions, especially trading infrastructure and on-chain finance, are essential. During this cycle, try not to chase narrative projects and follower projects.

According to DeFi Llama data, the market capitalization of stablecoins on the Base network has surpassed 5 billion dollars.