Industry Reports

Ripple’s tokenization of 1 billion AED worth of diamonds, “isn’t just a win for the UAE, it’s a masterclass in how the XRP Ledger handles high-value RWA at scale,” says Reece Merrick. The network is solving the trust gap by integrating Ripple Custody’s bank-grade vaulting with XRPL’s native f

Ethereum co-founder Vitalik Buterin introduced Ethereum's short-term and long-term scalability plans. In the short term, the Glamsterdam upgrade will introduce block-level access lists and multi-dimensional Gas mechanisms. In the long term, the focus will be on the iteration of ZK-EVM and Blobs, with full deployment of ZK-EVM expected by 2027.

The Ethereum Foundation recently launched a development plan called "Strawmap," which aims to conduct at least 7 hard forks before 2029 to improve transaction speed and network throughput. The main goals of the plan include reducing transaction confirmation time to 8 seconds and increasing Layer 1 throughput to 10,000 TPS. Co-founder Vitalik Buterin emphasized the importance of this roadmap for network scalability.

Barclays is evaluating the possibility of building a blockchain platform aimed at handling payments and related banking services, with vendor selection expected to be completed by April. The application of stablecoins in the payments sector continues to expand, and related transaction volumes are projected to exceed $50 trillion by 2030. Several banks, such as JPMorgan and HSBC, are also entering this space.

Gate Research Institute's report indicates that by January 2026, the cryptocurrency market's stablecoin market capitalization will be highly concentrated, with Ethereum accounting for half and Tron in second place. Rising gold and silver prices will drive the growth of tokenized commodities, with a market value surpassing $5 billion. In January, the Web3 industry completed 53 funding rounds, raising a total of $1.82 billion, primarily directed toward blockchain services. Contract vulnerabilities have become the main security risk, with Step Finance losing $40 million due to supply chain attacks.

According to Forbes, the valuation of stablecoin issuer Tether could reach $375 billion, significantly increasing the wealth of its executives. It is estimated that Chief Financial Officer Giancarlo Devasini's wealth could be as high as $89 billion, and with a higher valuation, it could exceed $156 billion, potentially ranking among the top ten richest people in the world.

Japan’s largest security token platform is migrating more than $2 billion in real estate and corporate bonds from Corda to a dedicated L1 on Avalanche. The initiative brings together some of Japan’s largest firms, from Toyota to Konami and TIS Inc., giving Avalanche a route into Japan’s

Ameen Soleimani criticized Ethereum for delaying the Poseidon precompile, essential for zk proofs and privacy. He emphasized the need for technical upgrades to close Ethereum's privacy gap and match other blockchains, expressing frustration over stagnant development and higher costs for private transactions.

Ethereum developers are executing a multi-year plan, led by Vitalik Buterin, to reduce block slots from 12 seconds to potentially 2 seconds while improving finality delays. The roadmap, known as Strawmap, outlines gradual upgrades and aims for significant enhancements by 2029.

Odaily Planet Daily reports that, according to official sources, deBridge has processed $20 billion in cross-chain transactions.

Author: 137Labs Recently, there have been several substantial developments in the tokenized US stocks (Tokenized Stocks) field: Kraken launches on-chain tokenized stock platform xStocks Coinbase is seeking regulatory approval Solana submits blockchain-based tokenized securities framework Robinhood launches tokenized stock products in the European market Meanwhile, global market data shows that the scale of tokenized stocks is rapidly growing, providing important context for understanding this trend. 1. On-Chain 72-Hour Trading Mechanism 1. Traditional US Stock Trading Mechanism The traditional US stock market has the following core features: Fixed trading hours The regular trading hours on weekdays are primarily during Eastern Time, with lower liquidity during pre-market and after-hours, and liquidity concentrated during main market hours. T+1 settlement system

Sui Group Holdings releases 2025 performance report, with a net loss of $221.8 million in the fourth quarter and a diluted loss of $5.52 per share. The company's SUI token holdings increased to 108,368,594 tokens, almost all staked, with an average daily yield of about 5,000 tokens, and 78 million shares have been repurchased.

MARA Holdings reports a net loss of $1.31 billion in 2025, despite a net profit of $541 million in 2024, with revenue increasing to $907.1 million. The net loss in the fourth quarter was $1.71 billion, mainly due to fluctuations in digital asset values. MARA mined 8,799 Bitcoins in 2025, with its stock falling 46%.

TeraWulf releases 2025 financial report, with full-year revenue reaching $168.5 million, but Q4 revenue of $35.8 million fell short of expectations, mainly due to a decline in Bitcoin prices leading to lower mining income, and earnings per share widened to $1.66.

TRM Labs reports that AI cryptocurrency scam activities have surged by approximately 500% over the past year. Hackers are using AI to generate phishing emails and fake websites, with deepfake technology accelerating emotional scams. The scale of illegal crypto transactions is expected to reach $158 billion in 2025, highlighting the urgent need to upgrade security defenses.

Japanese financial giant SBI Holdings partners with Web3 pioneer Startale to launch the first Japanese Yen stablecoin JPYSC, expected to go live in the second quarter of this year. The stablecoin is backed by a trust bank, complies with Japan's latest regulations, and ensures asset security. It will play a significant role in cross-border payments and asset tokenization, with the potential to challenge the market dominance of US dollar stablecoins.

Ethereum co-founder Vitalik Buterin recently posted a "Quantum Resistance Roadmap" on X, detailing the four major vulnerabilities Ethereum faces against quantum computer threats and proposing upgrade solutions, including hash signatures, STARK proofs, and more. This marks Ethereum's forward-looking deployment in quantum security, aiming to enhance its safety and usability before quantum computers become mature.

In May 2024, WeatherXM went public. This DePIN project, dubbed the "world's largest community-driven weather network," is backed by a $7.7 million Series A funding round led by Lightspeed Faction, with a lineup of top-tier institutions behind it: Protocol Labs, Borderless Capital, Arca, Placeholder VC, and Consensys.

Bitcoin mining company TeraWulf releases earnings report, with revenue reaching $168.5 million in 2025, a 20.3% year-over-year increase, but net loss expanding to $661.4 million. The company's strategy has shifted toward AI and cloud computing, with long-term data center leases signed and plans to expand infrastructure capacity.

Vitalik Buterin has unveiled the Ethereum quantum resistance roadmap, which will upgrade from four aspects: validator signatures, data storage, user accounts, and zero-knowledge proofs to enhance network security. He recommends replacing the current mechanism with a "simplified" quantum-safe hash signature and exploring new proof systems with quantum-resistant features, while also aiming to reduce verification costs through aggregated signatures. The plan has attracted widespread attention from developers and investors.