📢 This Week’s BillionLive Creator Focus: Hunting for the Next Gem on X Layer @XLayerOfficial is heating up. New launchpads, Memes, and narratives are emerging, with RWA Memes becoming a growing market focus. Go live and find the opportunities yourself: ✅Scan the chain for early projects ✅Track charts, communities, and onchain data ✅Trade live and share your thinking Related streams and content will receive additional weight on the Creator Leaderboard. Event page: 📢 本周 BillionLive 创作者激励热点：在 X Layer 上寻找金狗 @XLayerOfficial 热点频发。新 Launchpad、新 Meme、新叙事不断出现，RWA Meme 也成了市场关注的热点。 与其在群里等别人发 CA，不如直接开播，自己寻找机会： ✅扫链，找早期项目 ✅看盘、看社区、看链上数据 ✅实盘交易，边看边聊 相关直播与内容将获得创作者榜额外权重。 活动链接：

RWA growth is no longer just about bringing assets on-chain. 📈 $34.18B RWA AUM 🚀 Equities +390.4% YTD 🔗 Capital activation up across key asset classes The next chapter of tokenization is making assets useful—not just accessible. Welcome to the RWA Activation Era. 👇

RWA gets measured by how much value gets tokenized. I think that’s the wrong metric. Tokenizing the asset is becoming table stakes. Custodians can do it. Banks can do it. DTCC is about to do it at scale. The harder question is what happens after the asset is tokenized. Because an asset sitting onchain with no activity is just a database entry with better marketing. That’s why @cancore_io is interesting. Do you know this project? Since April, it’s facilitated $50M+ in volume, with ~760 trades a day, and tokenized assets on Canton settling against liquidity from public chains. The signal isn’t how much value exists onchain. It’s how much of that value actually moves. Tokenized supply tells you what exists. Trading volume tells you what works. Do you agree?

“RWA” was always a temporary term. It made sense when DeFi needed a name for assets from the “real world.” But as funds, credit, Treasuries and equities move onchain, they’re not really RWAs. They’re just financial assets running on new infrastructure.

“RWA is going to grow. Every country and every company should look at how to leverage this growth.” — @cz_binance At @EASYResidency S4 Demo Day, CZ explained why he changed his mind about RWAs. Demand is growing across tokenized assets, from U.S. Treasuries to equities such as bStocks. The opportunity is two-sided: investors gain 24/7 access to markets previously out of reach, while companies and governments can bring local equities and sovereign bonds to a global investor base.

RWA is growing, but the value isn't necessarily flowing where crypto ppl expected. @RobinhoodApp is a good example. Since June 2025, tokenized stocks grew from ~$329M to around $2.5B, while wallets holding them jumped from 59K to ~1.18M. Robinhood Chain also did $3.6M revenue in July, making it the top revenue-generating L2 that month. Sounds great for RWA, right? Except HOOD captured most of the attention. $HOOD is up ~26% from before the announcement, while @Ondo is down ~52% and @arbitrum ~71%. Even on Robinhood Chain, Stock Tokens were only ~3.3% of TVL. Memecoins were doing most of the DEX volume. And that's the interesting part. Robinhood doesn't need a token. ETH pays for gas, while the economic upside ultimately sits with the company. So maybe the RWA trade isn't simply: RWA grows → RWA tokens go up. It might be more about who owns the distribution layer. For now, I'm watching what happens when Robinhood's gas subsidies end around late September. If activity survives without incentives, then maybe this RWA growth is actually sticking. If not... well, wen real demand? (Information from @Surfdeveloper )