Odaily News Student loan real-world asset (RWA) protocol Pencil Finance has completed its first fully on-chain student loan cycle, deploying $1 million in capital to provide financing for approximately 6,600 students across Southeast Asia. After borrowers repay their funds, capital providers receive both principal and returns.

The financing portfolio was funded in July 2025 by Animoca Brands, Open Campus, and New Campus, and is structured into senior tranches with fixed returns, as well as junior tranches that carry floating yields and bear first-loss risk. The loans cover 118 schools and universities across Southeast Asia, with approximately 1,050 students receiving direct funding. Among borrowers, women account for 50%, and 93% come from low-income families. (Cointelegraph)

According to Odaily, the latest data from Bitget shows that the platform's stock token rToken has surpassed $200 million in Assets Under Management (AUM). In terms of trading activity, cumulative rToken trades reached 1.2 million in August, with the number of active traders growing 20% month-over-month and weekend trading volume share rising 8% compared to the previous month.

As reported, rTokens—identified by the letter "r" followed by the stock ticker (e.g., rNVDA for Nvidia)—are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with compliant brokerage Alpaca, rTokens connect directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, synchronized corporate actions such as stock splits and reverse splits, and the ability to use holdings as joint margin for Unified Account and USDT-margined contracts—allowing users to hold global equity assets while still managing capital flexibly.

Odaily News: According to SolanaFloor monitoring, Fomo recorded a single-day revenue of $1.2 million yesterday, reaching an all-time high.

Odaily News - Japanese listed company Remixpoint announced that it has sold all of its altcoin holdings on September 1, including approximately 901.45 ETH, 13,920 SOL, 1.1912 million XRP, and 2.8023 million DOGE. The transactions generated approximately $5.54 million in proceeds and realized a profit of approximately $743,300.

Following the completion of these transactions, Bitcoin has become Remixpoint's sole cryptocurrency holding. The company currently holds approximately 1,506 BTC and plans to conduct subsequent business operations centered around Bitcoin allocation. As of the end of August, the company had previously earned approximately $188,100 in returns from ETH and Solana staking. (Bitcoin.com News)

Odaily News, September 3 — WEEX Exchange announced that the WEEX Hackathon Season 2, themed "AI Wars II: The Algorithm Era," is now officially live. Global AI developers, quantitative traders, Web3 builders, teams, and individuals are invited to join Team AI or Team Human to compete in five rounds of live market trading battles, vying for rankings and rewards based on PnL% performance. The total prize pool stands at 600,000 USDT, with multi-tiered incentives designed to accommodate different participation methods.

The early registration phase runs from September 3 to 6, during which the first 2,000 registrants can share in the 100,000 USDT Early Bird prize pool. Additionally, users who register early can complete event tasks ahead of time to accumulate activity points for the upcoming competition.

Odaily News: Geoff Kendrick, Global Head of Digital Assets at Standard Chartered Bank, stated that the global monthly trading volume of stablecoins has reached approximately $7 trillion, with Solana carrying about one-fifth of stablecoin transactions. The interview also discussed development trends in stablecoin payments and settlements in 2026, as well as how different blockchain networks are forming their respective application positioning. Geoff Kendrick shared progress on enterprise adoption of stablecoins and noted that enterprise-level applications will become a significant driver for the further proliferation of stablecoins.

Odaily News - According to the official announcement, Gate Contracts has launched a new Robinhood section and listed perpetual contract live trading (USDT settlement) for AINVDA, MOO, MICRODUCK, BONER, SPACEHOOD, PROLOGUE, INDEX, and DELTA, all supporting long and short positions with 1-10x leverage. Gate has also simultaneously enabled trading bots and copy trading features for INVDA, MOO, MICRODUCK, BONER, SPACEHOOD, PROLOGUE, INDEX, and DELTA.

In addition, Gate is hosting the Robinhood Meme Carnival from 14:00 on September 3 to 14:00 on September 12 (UTC+8). During the event, new contract users who complete their first trade on eligible trading pairs with a trading volume of 1,000 USDT will receive 3 USDT; all users participating in the trading volume leaderboard can share 40,000 USDT, and users at VIP 5 and above can also participate in exclusive rewards, with a maximum prize of 8,000 USDT per individual.

Odaily News, Zizcrypto stated on the X platform that the 90-day reading of the Stablecoin Supply Ratio Oscillator (SSR Oscillator) quickly rose into the "strong stablecoin buying demand" zone, reaching 3.74 on August 21, approaching the peak of approximately 4.00 seen in November 2024. Since then, the indicator has begun to retreat, with Bitcoin currently trading around $77,000. The rapid rebound of this indicator coincided with the liquidity pulse observed in the market earlier. If the 90-day SSR Oscillator continues to decline and falls back below the "elevated" zone, its confirmation of continuously strengthening stablecoin buying demand will weaken. Zizcrypto noted that this shift more closely resembles a liquidity pulse rather than a sustained demand expansion cycle that has already taken shape.

According to Odaily, since 05:42 today, a certain address has been continuously building a long BTC position, purchasing a total of 400 BTC through regular trades and three rounds of TWAP, with a transaction volume of approximately $31.046 million. Specifically, the address bought 250.65 BTC through regular trades, amounting to roughly $19.493 million; the three rounds of TWAP executed a combined 149.35 BTC, with a transaction value of about $11.553 million. Two of the TWAP rounds completed purchases of 68 BTC and 50 BTC respectively, while another round, initially planned to buy 200 BTC, was terminated early after executing only 31.35 BTC. The address currently holds a 400 BTC long position with 20x cross leverage, at an average entry price of $77,613.7, with an unrealized loss of approximately $11,000 and a liquidation price of around $72,863.8.

Odaily News: According to MSX.COM data, U.S. software stocks are rising in premarket trading, with ServiceNow (NOW.N) up 2.7%, Adobe (ADBE.O) up 1.4%, and Salesforce (CRM.N) up 1.1%.

It is reported that MSX is a leading RWA trading platform that has listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News - According to Odaily Meme Express monitoring, PARE's market cap on Robinhood has surpassed $5.45 million.

It is reported that PARE builds a stock yield trading protocol on Robinhood, splitting tokenized stocks into principal and dividend yield based on ERC-8056. A certain source indicates that PARE is like Pendle for the stock market, separately trading the price component and dividend streams of tokenized stocks.

"Meme Express" selects community-hot potential assets through Odaily's proprietary AI model. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.

Odaily News: HyperliquidNews posted on the X platform that Outcomexyz reached an all-time high, with 24-hour trading volume hitting $3.22 million.

Odaily reported that RuneCrypto posted on platform X, stating that BonkGuy (Unipcs) is simultaneously the best-performing trader over the past 365 days, 30 days, and 7 days. The trader is currently 64 years old.

Odaily News: On-chain data shows that at 18:13 Beijing time today, USDC Treasury minted an additional 250 million USDC on the Solana network.

Odaily News: According to information from the Maoyan Professional Edition website, as of today, the box office of the film "Niu Lai" has surpassed 60 million yuan, tentatively reported at 60.217 million yuan, with a total of 2.168 million admissions, and a projected box office of 61.167 million yuan.

Odaily News: BitcoinTreasuries.NET posted on X platform that Alliance Global Partners initiated a Buy rating on the Bitcoin treasury company Strategy with a target price of $217, representing a 75% upside from the current price.