According to @HenriArslanian, Bhutan is allocating over $1B from its Bitcoin reserves to build a clean-energy crypto economic hub, a sovereign-scale BTC deployment that can reduce exchange float and influence spot liquidity, funding, and basis. Source: @HenriArslanian. He reports the ECB is speeding up digital euro plans, a CBDC catalyst traders watch for potential policy shifts affecting euro stablecoins and tokenized deposits. Source: @HenriArslanian. He says Pakistan is exploring tokenizing $2B in assets, which could expand real-world-asset issuance pipelines and on-chain settlement volumes. Source: @HenriArslanian. He adds data indicate North Korea-linked operations stole over $2B via hacks this year, underscoring smart-contract and bridge security risks that can widen DeFi risk premia and dampen altcoin liquidity during exploit newsflow. Source: @HenriArslanian.

According to @santimentfeed, the top Real World Assets (RWA) by development activity are 1) Chainlink (LINK), 2) Hedera (HBAR), 3) Avalanche (AVAX), 4) Stellar (XLM), 5) IOTA (IOTA), 6) Axelar (AXL), 7) Chia (XCH), 8) VeChain (VET), 9) Injective (INJ), and 10) Centrifuge (CFG), based on their latest GitHub-based ranking shared on X on Dec 10, 2025 (source: Santiment on X). According to @santimentfeed, directional indicators in the ranking reflect each project’s rise or fall versus last month, providing a month-over-month gauge of development momentum for RWA-focused traders (source: Santiment on X). According to @santimentfeed, the ranking uses Santiment’s methodology that aggregates GitHub activity from project repositories, which the firm states is useful for crypto trading by highlighting sustained builder activity over short‑term noise (source: Santiment methodology article on Medium shared in the X post). According to @santimentfeed, traders can track these projects in a dedicated Real World Asset watchlist via the Santiment app to monitor relative development strength within the RWA narrative (source: Santiment RWA screener link in the X post).

According to the source, a16z-backed Daylight has launched a new DeFi protocol designed to bring electricity markets onchain. According to the source, the update points to onchain access for electricity market functionality via decentralized finance infrastructure.

According to the source, Amundi has tokenized its AMUNDI FUNDS CASH EUR money market fund in partnership with CACEIS, with the fund’s shares recorded onchain on Ethereum (ETH). Source: user-provided social media post dated Nov 29, 2025. For traders, this places a euro money market instrument’s share records directly on Ethereum, a development RWA-focused desks monitor for onchain adoption signals and liquidity tracking across ETH and tokenized assets. Source: user-provided social media post dated Nov 29, 2025.

According to Amber Group, Managing Partner Yi Bao told CVC Summit SG that tokenized finance will be the new norm within five years, emphasizing secure bridges between institutional finance and crypto, source: Amber Group official X post dated Nov 24, 2025. This view aligns with live institutional tokenization programs, including BlackRock’s BUIDL fund launched on Ethereum in March 2024, source: BlackRock press release March 2024. Tokenized U.S. Treasuries outstanding exceeded 1 billion dollars in 2024, signaling growing demand for on-chain fixed income, source: RWA.xyz 2024 dashboard. JPMorgan’s Onyx Tokenized Collateral Network executed its first live collateral settlement in 2023 using tokenized money market fund shares between BlackRock and Barclays, source: JPMorgan announcement November 2023. Franklin Templeton operates a U.S.-registered on-chain money market fund with tokenized shares on Stellar and Polygon, expanding institutional-grade settlement options, source: Franklin Templeton updates 2023–2024. Singapore’s regulator advanced Project Guardian pilots with global banks in 2023, underscoring policy support for institutional tokenization in the region, source: Monetary Authority of Singapore press releases 2023. For traders, the most direct exposure themes are RWA infrastructure, tokenized Treasuries and MMFs, and base-chain activity on Ethereum (ETH) and select L2s where these deployments operate, source: BlackRock press release March 2024; Franklin Templeton updates 2023–2024; JPMorgan announcement November 2023. Liquidity and activity tend to cluster around these institutional rails as tokenization scales, making sector flows and ETH on-chain metrics timely to monitor, source: BIS 2023 tokenization analysis.