I'd sunset every CEX account I own and run my entire portfolio out of one unified cross-margin book

The tokenized stock story may look US-centric at first glance. But Asia is already playing a much bigger role than it seems. 1. The demand is already here in Asia Asia already has a massive base of crypto-native investors. Binance bStocks is currently the second-largest tokenized stock platform by market cap, and both Binance and BNB Chain have particularly strong user bases across Asia. The trading data makes this even clearer. 72% of bStocks trading volume happens onchain, and 92% of that onchain volume takes place outside US market hours. Activity also picks up around the start of the Asian trading day. Asia is not just a potential market for tokenized stocks. The demand is already there. 2. Asia itself is home to some of the most attractive assets for tokenization The opportunity is not just about Asian investors buying US equities. Asia itself has some of the most globally relevant stocks. Korea, China, Taiwan, and Japan sit at the center of semiconductors, memory, batteries, robotics, EVs, and advanced manufacturing. As AI becomes more dependent on physical infrastructure, these industries are becoming even more important. We are already seeing this demand move onchain. SK Hynix has consistently been one of the most actively traded equities in perp markets, alongside names like Samsung Electronics and other Asian tech companies. Tokenization can eventually bring much broader global access to these assets. 3. Asia has the regulatory infrastructure to make this real One of the biggest challenges in tokenized equities is legal structure. Many existing products rely on multiple jurisdictions for SPVs, issuance, custody, prospectus approval, and distribution. ADGM offers a very different setup. Within a single jurisdiction, companies can establish an SPV, structure a tokenized security, receive prospectus approval, offer it publicly, and potentially trade it on a regulated exchange. That makes ADGM particularly attractive for equity tokenization. And this is not theoretical. Binance bStocks and Coinbase Tokenized Stocks are already using ADGM's regulatory framework. 4. Regulation is moving across Asia, but each market will take a different path There will probably never be one unified "Asian tokenized stock market." Each jurisdiction is developing around its own capital market structure. Korea is building a legal framework for security tokenization, with the new regime taking effect in 2027. Hong Kong is opening regulated secondary markets for tokenized investment products. Japan already has an established security token framework, although tokenized equity activity remains limited. The UAE, through ADGM, is taking a more infrastructure-driven approach and is already attracting global platforms. Different paths, but the direction is becoming increasingly clear. 5. Asia has almost all the ingredients needed for the next phase of tokenized stocks - A large investor base. - Crypto-native users. - Globally important equities. - Deep capital markets. - Regulatory frameworks that are gradually becoming workable. Asia is still easy to overlook when people talk about tokenized stocks. But from trading activity and investor demand to underlying assets and regulatory infrastructure, the region is already having a much bigger impact than most people realize. Honored to work with @redstone_defi and @AleaResearch, with featured insights from @Securitize, @DinariGlobal, @SuperstateInc, @extendedapp, @lista_dao, @JupiterExchange, @CredoraNetwork.

🫡🫡

isolated margin across 5 venues is a tax on capital efficiency, arch prime fixes this

The intended lifecycle is: Launch ↓ Ascended ↓ HyperCore Spot ↓ HIP-3 Perps Each step has different requirements around performance, liquidity, technical readiness and market infrastructure. @AscendLaunch's core idea is to make support continue beyond launch day.

The staking side creates another loop: HYPE → kHYPE → staking yield → ecosystem-token purchases → stakers Separately: Protocol-owned HYPE → staking yield → ecosystem-token purchases → burn Ascend is using different revenue sources for different parts of the ecosystem.

The protocol revenue split is as follows: 50% → HYPE 50% → KNTQ HYPE allocation: 40% → protocol-owned staking 30% → ecosystem-token buybacks 20% → treasury/operations 10% → staker HYPE rewards KNTQ allocation: 60% → burn 20% → KNTQ/kHYPE liquidity 20% → Ascend points

At launch, projects use @AscendLaunch's standardized pools. A 1% token trading fee creates ongoing revenue. Depending on the setup, 25–50% goes to the creator/deployer/operator. The remainder becomes protocol revenue that gets recycled into hyperliquid:native + $KNTQ .

Ascend is more than a token launchpad. It is trying to build a full lifecycle for @Enter_Elysium projects: Launch → Ascended → HyperCore Spot → HIP-3 Perps The interesting part is the economic loop behind that progression. Here’s the simple version 🧵

That’s why Qiro is interesting RWA isn’t just putting a real-world asset onchain. It is: can we underwrite and monitor real-world credit well enough for onchain capital to finance it? DeFi gives us the capital. UWing turns risk into a number we can actually make decisions with

That simple question is credit Before lending, you need to know: - Who needs the money? - Why? - Can they repay? - What happens if they don’t? - Is the return worth the risk? @Qiro_Finance brings that credit problem closer to onchain capital

I tried explaining @Qiro_Finance to a 5 year old who just discovered DeFi. Me: Imagine you have ₦100, and your neighbour needs it for his business. You want to earn from your money. But first, can your neighbour actually pay you back?

😅😅

Bound(@Bound_Exchange) turns price direction into a first-passage problem Pick two barriers, choose which gets hit first, and lock the payout upfront @Enter_Elysium gives this structure a high-throughput execution layer close to HyperCore’s market data and liquidity

km

gud tek!

Y'all should check out @Bound_Exchange @benny_options is doing some amazing work there

Crypto has solved trading billions of dollars onchain But I still have to off-ramp just to buy something from Apple Surely we can do better Need a crypto card with: • Low fees/FX • Reliability • Africa support What are you using?