News

Bitget
2026-07-16 11:27:27

Bitget-backed Reality reports 100% reserves, says rToken is fully matched to U.S. stocks

Reality, a licensed real-world asset (RWA) protocol under Bitget, has released its latest proof-of-reserves report, stating that its reserve ratio stands at 100% and that each tokenized stock rToken is backed on a 1:1 basis by the underlying U.S. equity. The reserve data is updated daily and independently verified by U.S. audit firm The Network Firm, according to the report. Custodied assets are held with Alpaca Securities LLC, a U.S. securities broker registered with FINRA and protected by SIPC, under New York state law. The setup is described as a three-party structure separating issuance, verification and custody. Reality’s U.S. stock tokens have already been integrated into the Bitget ecosystem and can be used in key functions including unified account margin and staking-based lending. Earlier data showed that Bitget’s stock token rToken surpassed $100 million in assets under management one month after launch.

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Bitget-backed Reality reports 100% reserves, says rToken is fully matched to U.S. stocks
x402 Foundati
2026-07-16 11:22:37

x402 Foundation launches to set open payment standards for AI agents

A newly formed group called the x402 Foundation is positioning itself as a neutral venue for companies and payment methods to work together on open standards for AI agentic commerce, according to CoinDesk. The effort is framed as part of a high-stakes race to build an open financial system tailored to AI bots rather than human users alone. The foundation’s stated role is to bring together competing players under a shared framework, with the aim of creating standards that can support machine-driven commerce on the internet. CoinDesk reported that the initiative is centered on open coordination rather than a single proprietary payment rail. The article was written by Ian Allison, edited by Jamie Crawley, published on July 16, 2026, and later updated the same day.

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x402 Foundation launches to set open payment standards for AI agents
Crypto Counci
2026-07-16 11:17:57

Etherealize, Hyperliquid Policy Center and TFH Join the Crypto Council for Innovation

The Crypto Council for Innovation, or CCI, said it has added three new members: Etherealize, Hyperliquid Policy Center and Tools for Humanity (TFH). The group said the additions will strengthen the technical expertise it can offer policymakers across three areas it specifically named: on-chain finance, institutional finance and digital identity. Etherealize also outlined why it sees policy work as central to the next stage of Ethereum’s institutional adoption. The project said that as Ethereum use among institutions accelerates, carefully considered policy will be critical to unlocking the next generation of financial infrastructure. It added that it wants to work with policymakers and industry projects to help shape a regulatory framework that brings institutional finance on-chain. The announcement ties the three organizations to one of the better-known crypto industry policy groups at a time when regulatory engagement remains a core focus for many firms building in digital assets, market structure and identity-related infrastructure.

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Etherealize, Hyperliquid Policy Center and TFH Join the Crypto Council for Innovation
CXMT
2026-07-16 11:14:43

Counterpoint says CXMT holds 9% of global DRAM bit shipments

Counterpoint Research said in its latest report that China-based memory chip maker ChangXin Memory Technologies, or CXMT, now accounts for 9% of the global DRAM market by bit shipments. The firm expects that share to rise to 11% by 2028, while revenue share is projected at 9%. The report said CXMT is moving from being an industry challenger to a strategic player, with a longer-term goal of reaching a 20% bit-share and 15% revenue-share position by 2035. Still, Counterpoint argued that the company must clear a global market-share threshold of 15% to 17% to secure a durable position in memory and join the top tier of DRAM suppliers. The report also pointed to a historical lesson from Taiwan’s DRAM sector in 2008, when market share fell below 15%, weakening its ability to fund next-generation fabs and eventually pushing share down to around 3%. To close the gap, CXMT is using newly raised funds to expand capacity, targeting a doubling by 2030 and a tripling by 2035, while pushing work on VCT and wafer-on-wafer bonding under export-control pressure.

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Counterpoint says CXMT holds 9% of global DRAM bit shipments
Ondo Perps
2026-07-16 11:12:48

Ondo Perps tops $3 billion in volume in first week, adds two tokenized Korean stocks

Ondo Perps said its cumulative trading volume has passed $3 billion one week after its public launch, while 24-hour volume has doubled from the first day to $200 million. At the same time, the platform added two tokenized South Korean stock products: SK Hynix under the ticker SKHY and Samsung Electronics under SMSN. Ondo Perps allows users to post tokenized stocks and ETF holdings directly as collateral for perpetual futures positions. For users outside the United States, the platform offers leverage of up to 20x across instruments tied to Tesla, Nvidia, Apple, as well as gold and silver. The team has also said that using U.S. equities as collateral is only the starting point, and that AI-driven trading flow will be a key focus going forward.

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Ondo Perps tops $3 billion in volume in first week, adds two tokenized Korean stocks
Changxin Tech
2026-07-16 11:12:18

Changxin Technology discloses online offering subscription figures and final lottery rate

Changxin Technology said in an announcement that, based on data provided by the Shanghai Stock Exchange, the number of valid subscription accounts in its online share offering reached 9,428,778, with valid subscription volume totaling 816,920,125,000 shares. The company said the preliminary online allotment success rate was 0.40995452%. It also disclosed that the total number allocation count came to 1,633,840,250, covering the range from 100,000,000,000 to 101,633,840,249. After the clawback mechanism was triggered, the final online allotment success rate rose to 0.47141739%. The figures were cited by ChainCatcher from the company’s announcement and exchange data. No additional details were provided in the source text.

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Changxin Technology discloses online offering subscription figures and final lottery rate
Binance Alpha
2026-07-16 11:06:11

Binance Alpha launches second Block Street (BSB) airdrop with 250-point threshold

Binance Alpha has opened the second round of its Block Street (BSB) airdrop, according to an official announcement cited by BlockBeats on July 16. Users with Alpha scores of 250 points or above can claim 245 BSB on a first-come, first-served basis. Each claim uses 15 Alpha points. If the reward pool is not fully distributed, the eligibility threshold will automatically drop by 5 points every 5 minutes. Users must confirm their claim on the Alpha event page within 24 hours. If they fail to do so before the deadline, the allocation will be treated as forfeited. The update outlines the participation threshold, token amount per claim, point cost, and the mechanism for lowering the score requirement if rewards remain undistributed.

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Binance Alpha launches second Block Street (BSB) airdrop with 250-point threshold
Ansem
2026-07-16 11:05:56

Ansem says ANSEM’s top 10 holder distribution has become more dispersed

Crypto KOL Ansem said the holder structure of the ANSEM token appears to have become more evenly distributed, with less concentration in any single wallet among the top 10 addresses. In a post, he said it looked like someone bought 1% of the token supply in a single sweep yesterday, adding that the top holder list now looked “pretty clean.” Earlier, another user, @r0nked, said in a quoted post that aside from Ansem himself, one wallet had previously ranked as the second-largest ANSEM holder. According to that post, the wallet has since sold its entire position and realized about $2 million in profit. The remarks point to a shift in ANSEM’s ownership structure, at least among the largest visible holders referenced in the posts.

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Ansem says ANSEM’s top 10 holder distribution has become more dispersed