Tokens moving across chains with Chainlink CCIP will earn bigger borrowing limits on Kamino After a security review, @kamino said assets that move between chains using @chainlink CCIP will qualify for higher deposit caps and loan-to-value ratios, meaning users can borrow more against them. The Solana lending protocol pointed to CCIP’s default setup, where 16 independent node operators verify each cross-chain transfer. Tokens whose issuers set up their own cross-chain checks face heavier review, lower caps and, in some cases, rejection or delisting. Kamino also said it can already pause markets for some cross-chain assets on Solana when it spots warning signs such as unbacked supply.

Tokens of Appreciation 🪙 Citrini Research says tokenisation has made crypto a fundamentals trade, with AI agents poised to bolster this institutional shift onchain. PR Angle 🔎 Citrini's reports have started to carry weight: the firm's earlier forecast about AI and the labour market helped trigger a US stock sell-off this year. It is the clearest signal yet that "crypto is maturing": projects will need to start talking in revenue, volumes, and assets onchain rather than delivering vision statements and litepapers. For firms named in the report, the task is to turn third-party validation into a clear, owned narrative. For those left out, it is to explain why they belong on the list. Read the full story in this week's Context 👇 ft excerpts from @FinMktTrader, @sndr_krisztian and more!

Tokens/sec lied to me. Same 30 tasks, 4x DGX Spark: DeepSeek-V4.1-Flash: 61 tok/s, thinks 39k tokens → 671 s GLM-5.3-Flash NVFP4 (effort high): 37 tok/s, thinks 5k tokens → 324 s Same answers. GLM done 2.1x sooner. At effort max GLM thinks like DeepSeek and loses. Agentic coding (6 repo tasks via OpenCode): DeepSeek 172 s, GLM 243 s. Little thinking there, raw speed wins. Rule: GLM on high for chat, DeepSeek for tool loops. Full numbers, launcher, harness:

Tokens paired with strong bullish assets, with trading fees in those strong bullish assets going to token holders in perpetuity creates the incentive to hold, and is a better model, not simply a meta. Imagine if last cycle everyone that had bought WIF earned a constant stream of SOL yield before SOL went 3-4x. How much higher would WIF have gone as well? The model creates more winners through longer holding times, reduces losses and risk through yield, and harnesses speculation to create buying pressure for other valuable assets onchain, alongside bootstrapping volume for new tokenized assets. This makes degenerate speculation more productive and useful. Food for thought.

"Tokens backed by real company shares, with a legally enforceable claim." Our founder, Malisha, on the framework behind equity backed tokens: "We have put together the whole legal framework where tokens are actually backed by real company equity, real company shares, and the token holders have a legally enforceable economic claim in case of a liquidity event. So how it works is that there is an operating company. A regular company, can be incorporated more or less anywhere, that runs operations, holds the intellectual property, accrues value, generates revenue, grows. Just a normal company. Then there is an SPV, a special purpose vehicle in Cayman Islands, that holds shares in that operating company. Its only purpose is to execute something called deed poll, which is a legally binding document from SPV to token holders. So let's say a company gets sold. The SPV is on the cap table, so owns share of the company, and then automatically gets proceedings of that sale. Then through deed poll, token holders actually claim their share from the SPV itself." – @imprfekt

Tokens aren't dead, but we need better disclosure standards. @santiagoroel says better disclosure standards could give investors the confidence to put substantially more capital onchain.