Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

THE RISE OF RWA IN DEFI

The real-world assets (RWA) sector is rapidly growing, having recently reached an all-time high of $10.2 billion in TVL driven by institutional participation and improved regulatory clarity. Recent developments like Dubai's real estate tokenization initiative and Ondo's partnership with Mastercard underscore growing institutional engagement, which is further evidenced by the continuous growth of BlackRock's onchain BUIDL fund. Investors see RWAs as a bridge between traditional assets and DeFi enabling more stable markets with the onchain benefits of transparency and composability.

THE APP-COIN THESIS: APPLICATIONS ARE GOING TO ZERO, IN A GOOD WAY…

AI-driven “vibe coding” is reducing app development costs significantly, which threatens traditional SaaS companies lacking strong moats. Tokenization and app-coins further lower barriers for initial user acquisition through speculation, potentially sparking a massive wave of app innovation and wealth creation accessible to smaller developers and investors. Teams that excel at branding, marketing, and culturally resonant positioning will thrive.

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