Odaily Planet Daily reported that the cryptocurrency exchange Bybit has ushered in a new round of stock tokenization craze since the launch of the xStocks series of tokens a few days ago, and launched a one-month promotion today, in which users can share a total of 150,000 USDT prize pool. From now until 10:00 AM UTC on August 15, eligible users can participate: 1. TokenSplash: Deposit xStocks and share 100,000 USDT prize pool 2. EasyEarn: Pledge xStocks to enjoy up to 200% annualized rate of return and principal protection, with a total reward pool of 50,000 USDT About xStocks: xStocks is a tokenized asset backed by real stocks 1:1, providing users with real stock market exposure. Bybit currently offers 10 tokens covering technology, financial services, electric vehicles and blockchain, including AAPLX, NVDAX, AMZNX, GOOGLX, COINX, TSLAX and METAX. Key benefits: - Fragmented holdings lower entry barriers -24/7 trading - Diversification of investment portfolio -Combining stock exposure with DeFi opportunities

Odaily News According to official news, LBank has integrated xStocks and launched tokenized stock asset trading. The first batch of popular targets MSTRX and CRCLX have landed in the XSTOCKS trading area, and users can use USDT to trade directly. The cryptocurrency-stock trading provided by LBank supports 24/7 all-weather trading, breaking through the trading time and geographical restrictions of the traditional stock market. Global users can participate at any time, and asset allocation is more flexible.

Odaily News Gate Research Institute released its latest research report "Arbitrage and Investment Opportunities in the Wave of Stock Tokenization", pointing out that stock tokenization uses blockchain technology to map traditional stocks into on-chain tokens, which have the advantages of being tradable, divisible, and 7×24 hours trading, and is becoming an important part of the digitization of real-world assets (RWA). There are three main implementation modes in the current market: third-party custody + exchange access (such as Gate xStocks), licensed brokers' proprietary links, and contracts for difference (CFD). Professional investors can profit in the stock token market through three major strategies: hedging arbitrage between the spot and token markets, cross-exchange arbitrage between different platforms, and information arbitrage based on trading time differences. For individual investors, stock tokenization provides more diversified asset allocation options, including fragmented purchases of top stocks, more flexible trading hours, and lower transaction costs. However, stock tokenization still faces multiple risks such as price decoupling, oracle failure, and unclear legal supervision. Investors should remain prudent and manage risks reasonably. Stock tokenization tokenizes the value of traditional enterprises and puts it on the chain. It is not only an important trend in the digitalization of the global capital market, but also brings new arbitrage and allocation opportunities for professional and individual investors. As regulatory policies gradually become clear in the future, this track is expected to continue to develop.

Odaily News According to the latest "Crypto Exchange Monthly Report" released by CoinDesk, Gate's derivatives market share increased by 1.01% month-on-month to 5.14%, ranking second in the world, second only to Binance. This is also the seventh consecutive month that Gate has achieved growth, setting a new annual high. Since the beginning of this year, Gate has become the growth champion of derivatives market share. As one of the most outstanding exchanges, Gate has the smallest decline in derivatives trading volume this month among the many derivatives trading platforms connected to the CoinDesk Data API, showing strong resilience. Whether calculated by trading volume or open contracts, Gate is now firmly ranked among the top five derivatives exchanges in the world, surpassing competitors such as Hyperliquid, CME and Coinbase International. CoinDesk also highlighted Gate’s recent innovations, especially the launch of xStocks, the world’s first tokenized stock contract market. CoinDesk commented: “xStocks is more than just a functional upgrade, it also reflects Gate’s mission to reinvent investment across geographical boundaries by deeply integrating traditional finance with blockchain.” This recognition coincides with Gate’s user base exceeding 32 million, and CoinDesk also affirms its growing influence in the international market.

Odaily News According to official news, the top four currencies with the highest increase in Gate Alpha today are: Swoge (3650.60%), GALLO (324.41%), TETSUO (186.44%) and PegeCoin (120.87%). Alpha has listed 34 on-chain tokens including GOOGLx in the xStocks section today. You can trade them by entering the APP. The third Gate Alpha Points Festival has been launched. Participants in the transaction can share the million-dollar prize pool, and those who complete the designated tasks can receive a $100 reward.

1. 巴基斯坦央行行长表示将启动数字货币试点； 2. 勘设泰宇坦行与趣链科技等战略合作，布局智慧交通 RWA 试点应用； 3. 原财政部副部长朱光耀：美国正试图用稳定币开启布雷顿森林体系第三阶段； 4. Am­ber Group 旗下上市子公司 Am­ber In­ter­na­tion­al 股票代币已上线 xStocks，系亚洲首家上市公司； 5. 以太坊基金会过去两个月已将 2.1 万枚 ETH 内部转入关联地址； 6. 比特币现货 ETF 昨日总净流入 11.79 亿美元，为历史第二高； 7. 二级投资机构 Trend Research 所持 ETH 目前浮盈 1.3 亿美元； 8. CoinDesk 分析模型：ETH 在 3000 美元附近面临较强阻力位，同时 2750 美元附近形成支撑区域。

Odaily News Amber Group announced on X Platform that its listed subsidiary Amber International (NASDAQ: AMBR) is now trading on-chain on Solana through the @xStocksFi Alliance - the first Asian listed company to do so. Earlier news, Amber International completed $25.5 million in private placement financing to advance its $100 million crypto reserve strategy.

Odaily News BNB Chain announced on the X platform that with the support of Kraken and Backed, users will soon be able to trade top tokenized US stocks such as Apple, Tesla, Nvidia, etc. on BNB Chain through xStocks, such as AAPLx, TSLAx, NVDAx and SPYx.

Odaily News xStocks officially announced on the X platform that BNB Chain has officially joined the xStocks Alliance. The two parties will jointly promote the development of the financial frontier. The next step of integrating the capital market into the on-chain economy is coming soon. This is also the first time that xStocks has expanded to the EVM blockchain network. Earlier news said Kraken and Backed plan to expand xStocks support to BNB Chain.

Odaily News Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. stocks as BEP-20 tokens. The two institutions said that the community has a growing demand for on-chain composable stock markets. In the coming weeks, eligible non-U.S. Kraken customers will be able to deposit and withdraw xStocks through BNB Chain and Solana on the CEX platform. (The Block)