ZIGChain is now ZIG Finance. Our business has grown beyond infrastructure into financial products, origination, structuring, distribution and ecosystem development, with ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 at the economic centre. We're now building across financial products, origination, structuring, distribution, infrastructure and ecosystem development, with ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 at the economic centre.

Last year, the video was real and we drew the future on a whiteboard. This year, the video is AI. But what we’ve built is very real. We said ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 would become the meta-asset of onchain finance. That meant building applications, bringing real financial products onchain, attracting institutional capital, creating distribution, generating revenue and putting ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 at the center of it all. One year later, we’re quoting ourselves and bringing the receipts. And we’re nowhere near done.

ZIG Markets sits behind ~$80M of capital deployed across onchain and real-world yield strategies. The model is to originate opportunities, structure them properly, and distribute them through the venues where capital already sits.

We have raised a $3M strategic round to make onchain finance feel less like infrastructure and more like a conversation. Backed by: @mhventures & @Maple_block

1/ Introducing the USD1 RWA Vault. Concrete is bringing a new way to put USD1 to work. USD1. One vault. Multiple real-world opportunities.

The second monthly ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 acquisition cycle is complete. A portion of ZIG Markets revenue funded daily open-market acquisitions, totalling 1,130,700 ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01, up from 1,038,600 in the first. Every token landed onchain: zigscan.org/tx/B55DCAAE29900…

Stablecoin market cap just dropped below where it started the year. After crossing $310 billion earlier in 2026, total supply has pulled back to around $301 billion. That's below most early-January prints. A modest pullback relative to the multi-year run. Real contraction. Not a crisis. People forget how young this market actually is. In 2018, the entire stablecoin category was worth a few billion dollars. That's it. Real momentum didn't kick in until late 2020, and even by early 2022 when it briefly touched $180 billion, most of tradfi still didn't take it seriously. Then the bear market hit. Stablecoin supply ground sideways for over a year while everything else fell apart. That was the real test. If stablecoins were just another bull market toy, that's when they would've died. They didn't. Growth came back in 2024. Issuance picked up, liquidity returned, and market cap more than doubled off its 2023 lows before crossing $300 billion in H1 2026. So what's driving the current dip? Probably nothing dramatic. 🔸 Profit-taking after a long run 🔸 Risk appetite cooling off 🔸 Redemptions and rotation into yield-bearing or tokenized alternatives 🔸 Normal churn in a market now big enough for macro and regulatory shifts to actually move the needle Here's my read on it. Stablecoins still settle the majority of onchain volume. They're the default collateral across DeFi. In places where banking is slow, expensive, or just broken, people use them as a parallel dollar rail. Supply can consolidate while transaction volume stays elevated. That usage isn't going away because supply dipped for a quarter. The real question is whether this turns into another extended sideways grind like 2022-2023, or whether it's just a breather before the next leg up. Every previous stablecoin contraction has eventually led to new highs. Every single one so far. I don't see a compelling reason why this time breaks the pattern. If you want a clean, real-time signal on crypto's actual utility, stablecoin market cap is one of the best you've got. A temporary dip doesn't change that. h/t: @DefiLlama

From August 2021 through 2023, blockchains captured 90%+ of monthly crypto revenue. By mid-2026, that share dropped to 25%. The new breakdown: 🔸 Finance apps: exceeded 50% in most months 🔸 Consumer apps: steady meaningful share 🔸 Blockchains: down to ~25% 🔸 Physical and crypto infrastructure: rounding errors The economic center of crypto moved from the base layer to the apps running on it. Early cycles were infrastructure-focused because infrastructure was the only place value could accrue. Users paid L1 gas fees because there was nowhere else for the money to go. Ethereum's high fees, Solana's spikes, Bitcoin's security budget drove revenue. As blockchains became cheaper, more scalable, and more reliable, apps could finally support real users and capture their own revenue streams. Finance apps (perp DEXs, lending protocols, stablecoin issuers, trading tools) earn fees from trading volume, not just gas. Consumer apps (memecoin launchpads, wallets, social tools) turn engagement into sustained revenue as they find market fit. The internet followed the same arc. In the 1990s, ISPs and backbone providers made the money. By the 2010s, applications and platforms captured most of the value. Crypto is following that path, faster and with full transparency because everything settles onchain. You can't value L1s solely on the claim that they capture all fees anymore. App-layer protocols have proven that lean teams can generate hundreds of millions in revenue across: 🔸 @HyperliquidX -style derivatives platforms 🔸 @Pumpfun -style consumer platforms 🔸 The wider DeFi stack These products now capture economic surplus that once flowed almost entirely to validators and miners. That diversification is healthy. Crypto no longer depends on one revenue source or one narrative. The infra succeeded, which is why its revenue share fell. Finance and consumer apps now generate the majority. That's where the next decade of value compounds. h/t: @Blockworks

1/@LaserDigital_, the digital asset arm backed by Nomura, has given us their backing, investing in ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 and teaming up with ZIG Markets to bring institutional-grade credit onchain, built and governed the way banks and family offices actually expect.

When software was expensive - thin, horizontal, best-of-breed software stacks extracted rents across every business. Now that software is cheap - value moves to vertically integrated businesses that deliver opinionated end-to-end experiences.

1/ The first monthly ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 acquisition cycle is complete. Throughout July, a portion of ZIG Markets revenue funded daily open-market purchases, acquiring a total of 1,038,600 ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01. Every token landed onchain: zigscan.org/tx/B194BAB9B9442…

Crypto Project Shut Down 2026 - Present