The deployment marks Aave V4’s first expansion beyond Ethereum and introduces lending infrastructure designed to support future markets for tokenized real-world assets. Decentralized lending protocol Aave has launched V4 on Avalanche, marking the first expansion of its latest lending infrastructure beyond Ethereum and setting the stage for future lending markets backed by tokenized real-world assets. The deployment introduces Aave V4’s Hub & Spoke architecture, which allows specialized lending markets to operate with their own collateral requirements and risk parameters while drawing on shared liquidity across the protocol. According to Aave, one of the first planned markets on Avalanche will support borrowing against tokenized assets. Read more
Securitize and Cantor Fitzgerald are developing infrastructure for tokenized IPOs and secondary equity offerings within the existing US securities framework. Securitize and Cantor Fitzgerald have partnered to support blockchain-based initial public offerings (IPOs) and follow-on equity offerings for listed companies, a move that could further expand the use of tokenized securities in traditional capital markets. The companies said Wednesday that they are developing a framework for primary issuances that would allow companies to raise capital through tokenized securities while remaining within the existing regulatory framework for public offerings. The framework would support both IPOs and follow-on, or secondary, offerings, in which already public companies issue additional shares to raise capital. Under the agreement, Securitize will provide the tokenization infrastructure used to issue, distribute and service the digital securities. Its SEC-registered broker-dealer affiliate, Securitize Markets, will partic...
Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week’s second surprise macro data drop. Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day. Key points: Read more
Surging volumes on Robinhood Chain could be very good for Ethereum, but only if the “ETH is money” crowd turn out to be right. Robinhood Chain’s explosive launch this month has reignited one of Ethereum’s longest-running debates: Do successful layer-2 networks increase demand for ETH, the asset, or do the new entrants capture all of the value for themselves? The retail brokerage’s Arbitrum-based Ethereum L2 has become one of Ethereum’s busiest rollups since its launch on July 1. More than $141 million in Ether was bridged onto the chain in its first two weeks. DeFiLlama data shows more than half a million wallets now hold ETH on the network, and a memecoin frenzy saw Robinhood Chain surge past the Ethereum L1 and Coinbase’s Base L2 in 24-hour DEX trading volume. Read more