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BlockBeats News, December 13, Greg Cipolaro, Global Head of Research at NYDIG, pointed out in a report released on Friday that stock tokenization will not immediately bring huge benefits to the crypto market, but if such assets can be better integrated with blockchain, their benefits will gradually become apparent. "The networks supporting these assets (such as Ethereum) will see only modest initial returns, but as asset accessibility, interoperability, and composability improve, returns will grow accordingly," Cipolaro wrote in the report. He added that the initial returns mainly come from transaction fees generated by trading tokenized assets, and the blockchains hosting these assets will also "enjoy increasingly strong network effects" due to storage demand. "In the future, these real-world assets may be integrated into the decentralized finance ecosystem, becoming collateral for lending, lendable assets, or trading targets," Cipolaro said, "but this will take time, and will only be possible after technological development, infrastructure improvement, and regulatory evolution." He also pointed out that building tokenized assets with composability and interoperability is not easy, because "their forms and functions vary greatly," and they are distributed across both public and private networks. Taking the private blockchain Canton Network created by Digital Asset Holdings as an example, it currently hosts tokenized assets worth $380 billions, accounting for 91% of the total "representation value" of real-world assets. Ethereum, as the most mainstream public blockchain, has deployed $12.1 billions in real-world assets. Cipolaro emphasized that even on open networks like Ethereum, the design of tokenized assets can vary greatly. "These assets typically fall under the category of securities and still rely on traditional financial structures such as brokers, KYC/accredited investor verification, whitelisted wallets, and transfer agents." However, he also noted that companies are leveraging blockchain technology to achieve advantages such as "near-instant settlement, 24/7 operation, programmable ownership, transparency, auditability, and optimized collateral efficiency."

BlockBeats News, December 13, Donald Trump Jr., the eldest son of Donald Trump, retweeted the post "Aster collaborates with WLFI to launch the RAVE/USD1 trading pair on Aster, and will introduce more USD1-denominated trading pairs within the Aster ecosystem," and commented: This is truly a step-by-step popularization, with enhanced liquidity and expanded coverage. USD1 continues to scale up and gain widespread recognition. The RAVE/USD1 spot trading pair was officially launched on ASTER on December 12. To mark the occasion, ASTER has introduced the highest-ever 1.5x trading points bonus on the platform. Meanwhile, WLFI will provide points rewards support for RAVE/USD1 traders, marking an industry first and symbolizing strong recognition of the potential and community foundation of the RaveDAO ecosystem.