on-chain

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.

According to official news from the Sun Yuchen Prize, the first batch of award winners has officially entered a 14-day public notice period starting September 19. The topics currently under public notice are questions number 305, 371, 381, 526, 866, and 1001, among which candidates for questions 305, 371, and 381 are formal verifiers, candidates for questions 866 and 1001 are mathematical problem solvers, and question 526 has candidates from both roles. The public notice information has been made available on the official GitHub candidate registration form, and the public can submit formal challenges.It is reported that the Sun Yuchen Prize is the world's first zero-trust decentralized academic reward mechanism based on a list of questions, with a maximum single-question prize of 1 million US dollars. On the day of its establishment, the first batch of 66 mathematical problems was announced, with the highest prize of 1 million US dollars awarded to the OpenAI research team in recognition of their solution and formal proof regarding the "existence and smoothness problem of the three-dimensional Navier-Stokes equations." At the same time, the prize operating organization also announced the on-chain address of the prize pool, which has already deposited 10 million US dollars. After the public notice period ends, the prize will be distributed in USDT (TRC20) or USDC (ERC20), and the winners will also receive certificates and medals.

The on-chain derivatives protocol Variational announced that the Token Generation Event (TGE) for the token $VAR is scheduled for the fourth quarter of 2026. The initial token distribution includes 32% genesis allocation, 18% ecological reserve, and 50% for team and investor shares. The genesis tokens will be airdropped according to the proportion of Variational points held and will be 100% unlocked at TGE; the ecological reserve will be retained by the Variational Foundation for ecological growth and distributed at its discretion.The team and investor tokens will be locked for 12 months after TGE, followed by a minimum unlocking period of three years. Team members are also subject to individual vesting arrangements, and the specific shares for both parties will be announced before TGE. Variational stated that it plans to use all revenue directed to the treasury for the repurchase and destruction of $VAR. Weekly point distribution will continue until TGE, with 150,000 points distributed each week; accounts must hold at least 1 point to qualify for signing terms and receiving the genesis allocation, and any unclaimed portion will be destroyed.Variational originally planned to end the points program in the third quarter of 2026 and subsequently launch $VAR, but this timeline has been delayed due to significant strategic partnerships. In the final weeks before TGE, the project will conclude private testing, launch Omni on the public mainnet, expand exchange functions, and release trading APIs, while also announcing details on repurchase and token usage, and disclosing the impact of new partnerships on Omni, Pro, and traditional financial markets on-chain when conditions permit.

Circle co-founder and CEO Jeremy Allaire posted on the X platform, citing an official tweet from Arc Chain, stating that one week after its launch, the on-chain asset scale (USDC and cirCTC) has achieved a breakthrough from 0 to 700 million dollars; the USDC trading volume has surpassed 7 billion dollars.

According to a post by Watcher Guru, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, stated that the agency is preparing for onchain systems, mass tokenization, 24/7 trading, and agentic finance.The preparation directions mentioned by Selig include onchain systems, mass tokenization, 24/7 trading, and agentic finance.

According to PR Newswire, the on-chain yield protocol infiniFi announced the completion of a new funding round exceeding $3 million, led by Electric Capital, with participation from New Form Capital, Generative Ventures, Fasanara Capital, 2Square, 4th Revolution Capital, DCFGod, The Rollup, and others. The token generation event will take place in the fourth quarter of 2026, and the funds will be used for protocol development, new integrations, multi-chain expansion, and product promotion.infiniFi ended its stealth mode in February 2025 and completed a $3 million pre-seed funding round, launching in June of the same year; the total raised from pre-seed and seed rounds exceeded $6 million. The protocol has expanded to Ethereum, Arbitrum, Katana, Base, and has collaborated or integrated with Ethena, Pendle, Morpho, Aave, FalconX, Curve, Euler, and others. Since its launch, it has generated over $9 million in revenue, with a historical TVL peak of $180 million, currently exceeding $50 million.Founder and CEO Rob Montgomery stated that this round of funding will continue to advance the mission of enabling ordinary people to earn dollar yields and expand distribution through the upcoming infiniFi Prime, enriching yield sources.

According to CoinDesk, Daren Guo, founder of Reap, a Hong Kong fintech platform and Visa partner, stated that Reap plans to add a Mexican peso stablecoin to its card, cross-border payment, and fund management products, and is exploring stablecoins for the Hong Kong dollar, euro, Korean won, and Japanese yen to support around-the-clock on-chain foreign exchange settlements and reduce cross-border costs.Reap is a major issuing member of Visa in Hong Kong and Mexico (VPIM), owned by Kraken's parent company Payward, and can issue cards on its own BIN, claiming to support partners in over 100 markets. Guo noted that while public blockchains continue to operate, global foreign exchange still relies on bank operating hours, correspondent banks, and settlements that can take several days. Transfer fees for some currency corridors in emerging and cross-border markets can reach 5% to 7%, while nearly 99% of current stablecoin payments are denominated in US dollars.The company is integrating stablecoin settlements into a broader product system that includes cards, cross-border payments, fund management, and compliance risk control. Reap stated that in the first half of 2026, card and payment volumes grew by 33% year-on-year, with revenue and transaction volume expected to double in 2025. Stephen Karpin, President of Visa Asia Pacific, stated that blockchain settlement should not be viewed as a replacement for traditional payment systems, but rather as a complementary relationship, with opportunities to reduce friction and maintain interoperability with the broader financial system.

The non-small number joint D3 Finance is hosting the non-small number × GWDC 2026 Innovation Forum. This forum will be held on September 29, 2026, at AT CENTER in Seoul, South Korea, focusing on topics such as stock tokenization, Web3, AI, and RWA.D3 Finance, as a co-organizer, will bring Bribe Finance, ve(3,3), Gauge voting, and on-chain incentive mechanisms to the live event in Seoul. D3 Finance targets the Asian market, connecting the liquidity needs of project parties and user participation through voting rights and on-chain incentives, creating a more transparent on-chain path for emission distribution, funding, and liquidity competition.The GWDC Korea event is expected to attract 5,000 participants, including the Deputy Prime Minister and Minister of Finance of South Korea, TRON founder Justin Sun, representatives from Microsoft, Bithumb, Animoca Brands, MetaMask, BNB Chain, and other political, business, technology, and Web3 figures. D3 Finance will leverage this international exchange scenario to further demonstrate the connection between DeFi liquidity mechanisms and RWA asset liquidity.

On-chain gold and foreign exchange trading infrastructure XStable has recently completed a new round of financing, which was supported by several institutions including YZi Labs, Sui Foundation, Taisu Ventures, and CatcherVC.Previously, XStable had received investments and support from institutions such as Solana, Amber Group, KuCoin Ventures, and Singchain, accumulating millions of dollars in financing from more than ten institutional investors worldwide. Currently, XStable has focused on market development around gold, silver, and major foreign exchange trading pairs. According to data disclosed by the platform, XStable's average daily trading volume has exceeded 100 million dollars, with a cumulative trading volume of over several hundred billion dollars.

Recently, the on-chain perpetual contract protocol Travix, which focuses on computing power asset trading, completed its seed round financing. The disclosed investor in this round is Amber Group, but the financing amount has not been disclosed. The funds will be used to accelerate the deep construction of perpetual contracts for computing power assets and exotic assets such as East Asian stocks, expand trading pairs for Compute-Led RWA like chips and storage, promote the development of the "Financial World Model," deepen the development and deployment of a trusted AI agent trading engine, and expand global markets and multilateral ecological construction as well as launch trading promotion incentive programs.It is reported that Travix is a new generation PerpDEX protocol built on a modular blockchain architecture, adopting a hybrid architecture of offline high-performance matching and on-chain settlement, achieving millisecond-level processing efficiency, and introducing a unified account management model. Its core directions include: perpetual contracts for computing power assets, supporting hardware asset trading such as H100 chips and storage; the Financial World Model, which transforms probabilistic events such as policy implementation and product launches into quantifiable event trading signals; and trusted AI agent trading, supporting users in deploying automated strategies through the Agent Engine.Travix claims that its goal is to achieve the integration of computing power assets, probabilistic trading, and trusted agents, creating a new generation of decentralized perpetual contract entry point where "trading is understanding the world."

Feixiaohao collaborates with OTalk to promote the Feixiaohao × GWDC 2026 Innovation Forum. OTalk will participate as a co-organizer in this forum, which will be held on September 29, 2026, at AT CENTER in Seoul, South Korea. The themes will cover stock tokenization, Web3 finance, and AI applications.OTalk will participate in this forum as a co-organizer. The project aims to build a full-stack digital infrastructure for Web4, with core components including OTalk Chain and a super wallet: the public chain is responsible for computational settlement, while the wallet serves as a unified entry point, connecting content, social, payment, and AI.The GWDC Korea event will gather ecological and industry resources from MetaMask, BNB Chain, Bithumb, Microsoft, Sun Yuchen, and others. OTalk's entry into this scenario will help convey the combination path of the public chain, wallet, and on-chain payment entry to more concentrated partners and users.

The Non-Small Number Union TuringBitChain is advancing the Non-Small Number × GWDC 2026 Innovation Forum. TuringBitChain will participate as a co-organizer in this forum, which will be held on September 29, 2026, at AT CENTER in Seoul, South Korea, focusing on topics such as stock tokenization, Web3, and AI.TuringBitChain (TBC) will participate in this forum as a co-organizer. TBC is an independent Layer 1 public chain based on the Bitcoin UTXO model, using SHA256 PoW consensus, and supports Turing-complete smart contracts on the UTXO architecture through BVM and TuringContract. During the conference, TuringBitChain project guest Marcus Cheng will also give a speech, serving as the Marketing Director for the Asia-Pacific region of TBC.This GWDC event in South Korea is expected to attract 5,000 participants, with the South Korean Deputy Prime Minister and Minister of Finance, Sun Yuchen, Microsoft, Bithumb, Animoca Brands, and other representatives from politics, business, technology, and Web3 also appearing on-site. TBC's participation will bring topics such as UTXO Layer 1, asset tokenization, AI Agents, and high-frequency micropayments into a denser international exchange scenario.

The U.S. Securities and Exchange Commission has released an "Innovation Exemption" to establish a pathway for on-chain secondary trading of tokenized stocks. This exemption will be implemented from September 17, 2026, to September 17, 2031, and applies to specific tokenized securities trading venues that provide licensed automated market makers and liquidity pools.Trading venues must be deployed on public, permissionless blockchains, but trading is limited to verified or authorized participants. Eligible tokens must correspond to actual U.S. national market system stocks and grant the same shareholder rights as traditional stocks; this exemption does not cover primary issuances, synthetic exposures, or products that do not have legal or beneficial rights to the underlying stocks. Galaxy stated that it is exploring the next steps to enable on-chain GLXY secondary trading.

The Cyber Investigation Department of the Gangwon Special Self-Governing Province Police Agency in South Korea has identified 26 Polymarket users by analyzing public blockchain transaction records and on-chain open-source intelligence, and has filed cases against them for suspected illegal gambling. Among them, 18 have been referred to the prosecution, with a total bet amount of 12.7 million USD, and the highest single user bet reaching 4.1 million USD.The police launched a preliminary investigation in March and began filing cases against the involved individuals in May; the South Korean Communications Commission only ordered the blocking of Polymarket on August 18, and the transactions under investigation occurred while the platform was still accessible. The police are advancing the investigation based on Article 246 of the South Korean Criminal Code.

According to monitoring by Glassnode, the 7-day moving average of Bitcoin's SOPR (Spent Output Profit Ratio) after real adjustment has risen above the breakeven line of 1.This indicator shows that most of the tokens sold on-chain are currently in profit, and the price has not immediately fallen as a result. The buying pressure can absorb the profit-taking selling pressure, which is a typical characteristic of a bull market. If this indicator remains above 1, it reflects strong demand; if it falls back below 1, it indicates that the buying strength is weakening.

Arc announced the launch of the AI-driven development tool Arc Studio, which allows users to describe their requirements in natural language. It generates full-stack on-chain applications, contracts, or agents that include front-end interfaces, back-end logic, and smart contracts within minutes. It also supports code review, testing, and export.This tool natively understands the Arc and Circle development stack, including CCTP, Circle Contracts, Gateway, and Wallets. It can integrate protocols such as Aave, Morpho, and Uniswap, and can be tested on nine chains: Arbitrum, Arc, Avalanche, Base, Ethereum, Monad, OP Mainnet, Polygon, and Unichain. Arc Studio can also connect as a sub-agent to Claude Code, Codex, and Cursor. The official reminder states that AI-generated code still requires independent review and testing, and Arc Studio will not deploy, sign, fund, or submit mainnet transactions on behalf of users.