Global #real-world assets (RWAs)

Bitget, a prominent cryptocurrency exchange, announced on July 9 a strategic partnership with xStock to launch six tokenized stock products, including TSLAx (Tesla) and AAPLx (Apple), through its innovative Onchain platform.

Tether co-founder Reeve Collins foresees tokenized RWAs and Trump-linked projects challenging dollar-backed stablecoins, signaling a diverse future for the sector.

In a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.