THE BLOCK: AVAX One $AVX reported Q2 revenue of $2.8M, up significantly from half a million dollars a year earlier, driven mainly by $2.1M in avalanche-2:native staking rewards and a lesser amount from $BTC mining. However, the firm posted a net loss of $35.1M ($4.41 per share) largely due to non-cash unrealized losses on its digital asset holdings, including 14.1M AVAX tokens.

Tokenization on @avax is accelerating. RWA value on the network has grown nearly 8x over the past year, from $242 million to $1.93 billion. Securitize now accounts for more than half of that total. Tokenize the World.