XDC HOLDERS! THINGS ARE NOT WHAT THEY SEEM - WHAT'S CAUSING THIS?
TLDRThe video discusses the recent surge in real-world asset discussions, particularly focusing on the XDC network and its all-time high total value locked. It highlights the Fathom protocol's role in bringing real-world asset technology to the network and the significant funding raised by Z.io Z for sustainable real-world asset-backed yields. The connection between the XDC network, Black Rock, and tokenized funds is explored, emphasizing the growing importance of tokenization in the financial market.
Takeaways
- 📈 The total value locked in the XTC Network reached an all-time high of 9.32 million as of April 10th, 2024.
- 💹 The price of XTC has remained above 4 cents, indicating stability and liquidity injection into the system.
- 🚀 The X swaps protocol experienced a surge in volume, with 24-hour volume reaching 724 thousand and 71% of the total value locked.
- 🌐 Fathom protocol joined the XDC network with a focus on bringing real-world asset technology to the ecosystem.
- 🏦 Z.io has raised $2.5 million in funding to provide sustainable real-world asset-backed yields, aiming to build a multi-chain stablecoin powered ecosystem.
- 🔗 Z.io's strategic partnership with the XDC network is designed to enhance the blockchain's efficiency and transparency in handling real-world assets.
- 🌐 Circle announced USDC smart contracts for transfers by BlackRock's BUILD fund investors, further integrating traditional finance with digital assets.
- 💼 BlackRock's tokenized platform on Ethereum represents a significant step in the tokenization of securities and the blending of traditional and digital finance.
- 🔗 Securitized, a partner of the XDC network in the US, is involved in the tokenization of US Treasuries on the XDC network through Trade Tech and Yield Tech.
- 🌐 The tokenization of financial instruments like the iShares Treasury Bond 0-1 Year UCITS ETF managed by BlackRock shows the potential for broader integration of traditional financial products into the digital space.
Q & A
What is the significance of the all-time high total value locked in the XTC Network as of April 10th, 2024?
-The all-time high total value locked in the XTC Network signifies increased interest and trust in the network, indicating that more funds are being committed to the platform. This could be attributed to the network's ability to deliver on promises made in the past, such as the addition of extra liquidity by SBI VC trade-in, which has helped maintain a higher low value.
How does the surge in 24-hour volume on the X swaps protocol relate to the overall performance of the XTC Network?
-The surge in 24-hour volume on the X swaps protocol, which reached 724 thousand with 71% of the total value locked, indicates a significant increase in activity and usage of the protocol. This could be a contributing factor to the overall performance and attractiveness of the XTC Network, showcasing its liquidity and efficiency in facilitating transactions.
What is the role of the Fathom protocol in the XDC Network?
-The Fathom protocol focuses on integrating real-world asset technology into the XDC Network. It aims to bring real-world assets onto the blockchain, making them accessible and tradable within the decentralized finance ecosystem. This innovation is crucial for bridging the gap between traditional finance and defi, expanding the range of assets available on the network.
What does the recent funding round for Z.ioz indicate about the future of real-world asset integration in the XDC Network?
-The recent funding round for Z.ioz, which raised $2.5 million, signifies a significant step towards the integration of sustainable real-world asset-backed yields into the XDC Network. This development is expected to attract institutional investors, who are looking for yield-bearing assets, and further establish the network as a platform for tokenizing real-world assets.
How does the strategic partnership between Z.ioz and the XDC Network benefit both parties?
-The strategic partnership between Z.ioz and the XDC Network is designed to enhance the blockchain's efficiency and transparency in handling real-world assets. This collaboration makes the XDC Network an ideal platform for enterprises looking to tokenize their assets, while also expanding Z.ioz's offerings and reach within the defi space.
What is the connection between the Fathom FXD stable coin and USDC?
-The connection between the Fathom FXD stable coin and USDC lies in the ability to swap between the two stablecoins. This bridge provided by Z.ioz allows for the transfer and utilization of these stablecoins across different platforms, facilitating liquidity and interoperability within the ecosystem.
How does the launch of tokenized US Treasuries on the XDC Network by Trade Tech relate to Black Rock's involvement in the project?
-Trade Tech, in collaboration with Securitize, has tokenized US Treasuries and brought them onto the XDC Network. The underlying ETF managing these tokens is managed by Black Rock, establishing a connection between Black Rock and the XDC Network. This indicates that Black Rock, while not explicitly mentioned as a partner, is closely associated with the project and likely had discussions and collaborations in the process of launching these tokenized assets.
What does Black Rock's digital asset strategy entail, and how does it involve tokenization?
-Black Rock's digital asset strategy involves the tokenization of funds, which allows for the issuance and trading of ownership on a blockchain. This approach expands investor access to onchain offerings, provides instantaneous and transparent settlement, and enables transfers across platforms. It reflects a shift towards utilizing blockchain technology to transform traditional investment vehicles and securities.
What is the significance of the iShares Bitcoin ETF launch by Black Rock, and how does it relate to the tokenization of securities?
-The launch of the iShares Bitcoin ETF by Black Rock is significant as it represents a major step in the acceptance and institutionalization of Bitcoin as an investable asset. It also demonstrates the potential of tokenization, as it paves the way for the possibility of tokenizing other financial instruments, further expanding the range of assets available in the market and driving innovation in securities.
How does the XDC Network contribute to the growth of real-world asset tokenization and its integration with traditional finance?
-The XDC Network plays a crucial role in the growth of real-world asset tokenization by providing a platform that facilitates the process of bringing traditional assets onto the blockchain. It enables the tokenization of various assets, such as US Treasuries and real estate, and allows them to be traded within the defi ecosystem. This integration with traditional finance not only expands the range of investable assets but also drives innovation and efficiency in the financial markets.
Outlines
🚀 XTC Network and Real World Assets
The paragraph discusses the XTC Network and its significance in the realm of real world assets. It highlights the network's all-time high value locked and the role of SBI VC in adding liquidity. The speaker also delves into the Fathom Protocol's focus on bringing real world asset technology to the XTC network. The paragraph further explores the news of Z.io's funding and its aim to provide sustainable real world asset backed yields, indicating a growing interest in real world assets within the crypto space.
🌐 Z.io's Multi-Chain Solution and Strategic Partnerships
This section delves into Z.io's multi-chain solution and its strategic partnership with the XDC Network. It emphasizes the importance of this alignment in enhancing the blockchain's efficiency and transparency in handling real world assets. The paragraph also discusses the offerings of Z.io on the XDC Network, particularly the invoice factoring pool. The speaker shares findings from blockchain sleuthing, revealing transactions made in the Fathom FXD stable coin, suggesting its involvement in the network's liquidity.
💡 Black Rock's Tokenized Platform and Connection to XDC Network
The paragraph focuses on Black Rock's tokenized platform and its connection to the XDC Network. It discusses the launch of Black Rock's first tokenized fund on Ethereum and the role of Circle in enabling USDC transfers for the fund. The speaker also explores the relationship between Black Rock and Securitize, a partner in the XDC Network. The paragraph highlights the potential influence of institutional investment products on the XDC Network, particularly tokenized US Treasuries provided by Securitize and Trade Tech.
📈 ETFs and the Future of Tokenization in Finance
In this part, the speaker connects the dots between Black Rock, ETFs, and the XDC Network. It discusses Black Rock's digital asset strategy and the benefits of tokenization for investors. The paragraph also touches on the launch of the iShares Bitcoin ETF and the potential for tokenizing other financial instruments. The speaker speculates on the behind-the-scenes collaboration between Black Rock and various entities within the XDC Network ecosystem, suggesting a significant shift towards tokenization in finance.
Mindmap
Keywords
💡XDC Network
💡Real-World Assets
💡Tokenization
💡Zof
💡Fathom Protocol
💡Securitize
💡TradeFi and DeFi
💡USDC
💡Black Rock
💡Circle
💡Yield Tech
Highlights
Real world assets have been the talk of the town, with the XDC network leading the pack.
Total value locked for the XTC network reached an all-time high of 9.32 million as of April 10th, 2024.
The last time the total value locked was near this level, the price was about 7 cents, which occurred in August of the previous year.
There has been a significant increase in the value of the XDC network, with a higher low established around 4 cents.
X swaps protocol volume surged, with 24-hour volume reaching 724 thousand and representing 71% of the total value locked.
Fathom protocol joined the XDC network in February of the previous year, focusing on bringing real world asset technology to the network.
ZioZ has raised $2.5 million in funding to provide sustainable real world asset backed yields, targeting institutional investors.
ZioZ's ecosystem aims to bridge liquidity across trade finance and onchain finance, building a multi-chain stable coin powered real world asset ecosystem.
The seed funding round for ZioZ was led by Blockchain Founders Fund with participation from several prominent capital firms.
ZioZ's strategic partnership with the XDC network is designed to boost blockchain efficiency and transparency in handling real world assets.
Invoice factoring pools and collateralized invoice factoring pools are among ZioZ's offerings on the XDC network.
Transactions related to ZioZ's offerings have been paid for in the Fathom FXD stable coin, indicating a connection between the two.
Circle, a significant player in the financial space, has announced a USDC smart contract for transfers by Black Rock's BUILD fund investors.
Black Rock's tokenized platform on Ethereum is a strategic move, aligning with the XDC network's goals of tokenizing real world assets.
Securitized, a partner of the XDC network in the US, is involved in the tokenized US Treasuries launched on the XDC network.
The underlying product for the tokenized US tokens is an ETF managed by Black Rock, further solidifying the connection between Black Rock and the XDC network.
Black Rock's involvement with the XDC network suggests a significant shift towards tokenization of financial instruments and real world assets.
The total supply of tokenized US tokens on the XDC network has been established through significant transfers, indicating growing interest and investment.
The XDC network's association with Black Rock and other major financial institutions could potentially revolutionize the way we interact with traditional finance and real world assets.