U.S. stocks open lower across the board, crypto concept stocks under pressure—New developments in the RWA track platform

【BitPush】This morning, the US stock market opened with a weak performance. The Dow Jones Industrial Average fell by 0.1%, the S&P 500 dropped by 0.03%, and the Nasdaq declined by 0.02%. The entire crypto concept stock sector also did not escape this wave of decline.

BitMine dropped by 1.75%, Circle fell by 4.91%, a leading crypto exchange declined by 9.79%, Strategy decreased by 0.68%. The declines vary, but the direction is consistent.

Interestingly, in such a market environment, the ecosystem of the RWA track continues to expand. It is understood that a decentralized RWA trading platform has launched hundreds of RWA token products, covering tokenized assets of major US stocks and related ETFs such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.

From a certain perspective, the direction of traditional asset tokenization is becoming increasingly clear. The on-chain liquidity of US stocks and ETFs is being activated, which may be a new direction for future asset allocation.