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BTC $76,491.00 -1.12%
ETH $2,290.56 -0.67%
BNB $624.41 -0.43%
XRP $1.38 -1.12%
SOL $84.05 -0.89%
TRX $0.3227 -0.67%
DOGE $0.0998 +0.97%
ADA $0.2469 -0.36%
BCH $453.57 +0.60%
LINK $9.25 -0.75%
HYPE $40.04 -3.87%
AAVE $96.43 -0.95%
SUI $0.9249 -0.99%
XLM $0.1622 -1.96%
ZEC $336.90 -4.73%

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first_img HK Web3 Feastival Roundtable: The "RWA Moment" in Asia-Pacific: Hong Kong vs Singapore

ChainCatcher reported live that Celine Tan, Head of Liquidity Distribution at BNY Mellon Investment Management Hong Kong Limited, Kelly Sohn, Head of Digital Asset Strategy at Mirae Asset Securities (HK) Limited, Victor Jung, Head of Digital Assets at Hamilton Lane, and Xu Ping, Managing Director of Global Investment Banking at JPMorgan, attended the HK Web3 Feastival roundtable to share "The RWA Moment in Asia-Pacific: Hong Kong vs Singapore."The attendees generally believe that RWA is currently transitioning from proof of concept to broader implementation, driven mainly by the gradual maturity of technology, increasingly clear regulatory frameworks, and the rising market demand for stable, yield-generating asset allocations.Kelly Sohn stated that this round of RWA warming is different from the past, not driven by a single factor, but rather the result of the combined effects of technology, regulation, and capital flow. She also pointed out that the assets currently more suitable for tokenization include standardized products such as money market funds and commodities, and the combination of stablecoins and tokenized assets will further enhance on-chain transaction and settlement efficiency.Xu Ping mentioned that Singapore has become more cautious overall after the FTX incident, with a greater focus on institutional investors; in contrast, Hong Kong has advantages in retail access, licensing systems, and market innovation inclusiveness, making it more attractive to exchanges, stablecoin issuers, and custodians. She also noted that banks will play a key role in infrastructure, custody, and payment settlement within the RWA ecosystem.Victor Jung indicated that the market has previously focused too much on the institutional narrative, but the retail side is also an important source of demand for tokenization. He summarized the current demand into two categories: one is to obtain more yield through on-chain solutions, and the other is to reduce costs by improving efficiency. In his view, the industry driving force has gradually shifted from early technology supply to being driven by real investor demand.The roundtable discussion also mentioned that for RWA to further expand its application in the next phase, it still needs to address issues such as regulatory clarity, institutional infrastructure readiness, and investor education, as these factors remain key variables affecting the further development of the market.

Bybit AI vs Human Trading Competition is in full swing: AI win rate has not exceeded 60%, human traders are taking the lead

The "AI vs Human 1v1 Trading Battle" hosted by Bybit, the second-largest cryptocurrency exchange by global trading volume, is in full swing, with about 15 days left until the event concludes. Activity data shows that in the current environment of increased market volatility, 38 AI Agents have not exceeded a 60% overall win rate against human traders, who have the advantage with more flexible strategies.In the competition, users will be randomly matched with different AI models for duels and can participate in trading through 1 / 2 / 4-hour formats. Some leading participants quickly accumulate points through 1-hour ultra-short and high-frequency trading strategies, while benefiting from human traders' superior judgment of market sentiment, achieving returns in multiple duels. The competition mechanism allows human participants to earn points by increasing their engagement, enhancing their chances of winning with flexible strategies.Among the AI camp, models like Claude, Kimi, ChatGPT, and Gemini have performed relatively well, while among institutional AIs, NOFA.ai and the AWS (Amazon Web Services) team model currently lead. It is reported that the total prize pool for this event is 362,888 USDT, with the top 1,000 on the daily leaderboard sharing 3,500 USDT, and the overall champion winning a reward of 88,888 USDT. Users only need to deposit 100 USDT to participate in this trading duel of "carbon-based life vs silicon-based life." For more competition tips and insights, please follow Bybit's Chinese Twitter space tonight at 8 PM: Intelligent Clash, Who Will Dominate the Future?
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