BBX News: Yesterday, the global capital market handed over the most dominant ledger action in the competition for underlying infrastructure in cryptocurrency. There is no virtual bull market frenzy, institutional funds are forcibly buying the core pipeline of Web3 World through precise equity mergers and position swaps:
——RWA Absolute Holdings: Hanwha Group mobilized funds from multiple sources, including Hanwha Systems (KRX: $272210), to secure the largest shareholder position in Securitize with an absolute advantage of 9.6%.
——Treasury asset switch: Ark Invest reduces its holdings in retail giant Robinhood (NASDAQ: $HOOD), pushing a $20 million heavy position towards SpaceX, which has a valuation of billions and a massive Bitcoin treasury.
——Data oligopoly merger: The Tie has completed the acquisition of Staking Rewards business, completely controlling the data interpretation rights in the encrypted staking track.
The market presents a clear dual evolutionary trend of "traditional multinational conglomerates accelerating monopoly RWA tokenization protocols" and "encrypted data service providers moving towards oligopoly mergers".
Source: bbx.com
