The latest US inflation data has once again issued a warning to the market.

Holding 470 million XRP and $300 million in cash.

This integration will further enrich the ValueChain product ecosystem, better serving users with different risk preferences.

The summit brought together entrepreneurs, industry leaders, and developers from the global Web3 and artificial intelligence sectors to engage in in-depth discussions on cutting-edge topics including the technological evolution of AI Agents, real-world applications, and RWA asset tokenization.

Whether the market is bullish or bearish, the elimination rounds continue.

When Will the Second Wave Arrive?

The tokenized market has reached $331.8 billion, with non-stablecoin assets growing 13.3%, but trading remains concentrated in a small number of products. The next step is to address how assets can truly be utilized after going on-chain.

As of September 29, the U.S. 10-year Treasury yield rose to 5.26%, briefly touching 5.293% intraday, the highest level since 2007; the 30-year yield reached an intraday high of 5.6206%, the highest since 2002.

Anthropic could become the first frontier AI model company to face full public-market scrutiny.

Meta is moving AI from an app on your phone to glasses you wear at all times.

Parents, sister, co-founder, and investors are locked in a multi-sided struggle.

As ETFs and DATs gradually become normalized, Wintermute believes RWA is poised to become the next incremental capital channel, bringing traditional asset capital on-chain and further channeling it into the crypto market.

The main theme for U.S. stocks this week was liquidity rather than AI. The labor market weakened, Waller hinted that a September rate hike may not be necessary, and the probability of a rate hike fell back to about 66%. The three major indices rebounded, Bitcoin surged to $81,379, crypto-linked stocks HOOD and MSTR led gains, while Broadcom's AI earnings were impressive but its stock price closed lower.

The story of stablecoins and RWA is moving from "issuing more tokens" toward a truly operational financial network.

In the next phase, what the company needs to prove is that it can not only secure orders, but also manufacture on schedule, maintain profit margins, and convert the AI data center construction cycle into sustainable free cash flow.

Nebius's proposed price increase indicates that the AI infrastructure industry has not yet entered a price war. What remains truly scarce is high-end compute capacity that can be delivered on time, operate reliably, and provide complete software services.