The forthcoming Starloop vault will allow eligible holders to deposit tokenized SpaceX exposure, use it as collateral and seek dollar-denominated yield without selling the underlying position.

The next phase of tokenized stocks will be defined by what investors can actually do with them beyond holding them in a wallet. Borrowing is live which unlocks interesting new products. More soon.

Are you long ETH? Why not earn yield on top of hodling. makina.finance/strategy/deth

Tokenized stocks volume on Base is growing. Opening access to equities is the first use case. Putting them to work is the next. Dialectic is bringing vaults on @base via @makinafi where you can deposit tokenized stocks, keep the exposure, and earn yield without selling.

Pondering whether we wait until MakinaX ships and implement it in Season 2 of DeFi-Bench.com 🤔

How we launched @RealityFi_xyz's 1700+ rTokens on @arbitrum and @morphnetwork. rTokens are issued by Reality, backed 1:1 with a stock custodian and available 24/7 onchain. Issuance and bringing assets onchain is the easy part. When tokenized real-world assets land across different chains, the tough part is managing balanced liquidity and pricing spread across chains, before being delivered to users by onchain apps. Dapps require more practical solutions: • How can these assets be discovered? • How can they get quotes? • How can users actually trade them? This is where a unified aggregator with a full network of partners plays a major role: Bitget Wallet X. The Bitget Wallet X system aggregates liquidity from multiple sources, providing pricing and trading access for rTokens, while ecosystem partners bring these capabilities into different products. Assets, liquidity, and applications are now connected via a battle-tested system built in-house and maintained 24/7. Through the Swap API, devs can integrate rToken pricing and trading capabilities directly into their products. Bitget Wallet X aggregates liquidity and trading routes from multiple sources, handling quoting and execution through a unified trading infrastructure. Best-price quotes are not "best" if there's only 1 source. Devs do not need to integrate each liquidity source separately in order to support rToken trading. User-facing developers can simply focus on the product experience. Bitget Wallet X handles liquidity connectivity and trade execution. This also means the same rToken trading capabilities can be brought into a much wider range of products. Trading platforms can integrate onchain trading access. Aggregators can organize liquidity. Solvers can participate in quoting and execution. Other applications can integrate directly through APIs. Different products, through different integration paths, collectively expand the onchain trading access points for rTokens. Once trading access is established, rTokens can move further into a broader range of onchain applications. Asset management, lending, collateral, vaults, and other use cases can all be built around these assets. This leads to future usecases across different applications. A heartfelt appreciation to all our integration partners, aggregators, solvers, and protocols: @uniswap @1inch @PancakeSwap @CoWSwap @BlockSt_HQ @treasures_io @bibodottrade @EnsoBuild @dopplerprotocol @glider__ @slopmachineorg @wraxyn_xyz @native_fi @BungeeExchange @makinafi @Dialectic_Group @TownSquarexyz @DefinitiveFi @sector_fi @ClutchMarkets @KeyringNetwork @PropellerSwap @CloberDEX @RWA_xyz From Reality's rToken assets, to Bitget Wallet X's aggregated liquidity and Swap API, and finally to the applications built by ecosystem partners, this launch makes the connections between each layer much more concrete. This is how we participate and help to grow the Reality ecosystem, with an entire industry behind us. We're beyond excited for the new reality.

DeFi-Bench.com Season 2 is going to be something to watch.

Art is made up of part concept & part craft. Given that AI & novel technologies have democratized the craft, we are seeing a renaissance in conceptual art. ft.com/content/9101f2b0-2c11…

Arc 🤝 Dialectic We are excited to announce that Dialectic is a day-one curator on @arc, starting with our Dialectic RWA USDC vault on Morpho. This vault allows @Morpho users to lend against tokenized RWAs on Arc to achieve a diversified exposure to high yielding RWA assets.

One of the art world’s most persistent clichés is that tech wealth doesn’t translate into cultural engagement. @mgerlis's excellent @FT piece actually makes the opposite case, with the OG @kukulabanze as one compelling example. From his $29m acquisition of @beeple's Human One to his work across @MuseumModernArt and digital culture, the more interesting story is what happens after the market event: when a work enters museums, accumulates institutional meaning, and begins to move toward the canon towards a genuine zeitgeist. Ryan describes his collecting mission as helping “tell the story of iconic works of our time.” His thesis reflects a broader paradigm running through @Dialectic_Group, where capital meets technology and culture and are not siloed into separate systems. They increasingly produce meaning together. Every era has its patron class. The Medici did not simply collect the Renaissance; their capital helped determine which artists, institutions and ideas came to define it. The more interesting question today is whether tech entrepreneurs are beginning to play a comparable role, not merely buying the art of this technological age, but helping shape the cultural record through which it will eventually be understood. I believe it is. The future is bright 💫

rTokens (Reality Tokenized Stocks) are now live. Stocks don't need to sit idle in a wallet. Dialectic Meccanico will be launching vaults where users can deposit @RealityFi_xyz tokenized stocks and earn yield on top while holding. Powered by @BitgetWallet @BitgetWalletX.

Holding ETH feels good. Holding ETH and earning yield on top feels better. Earn yield while holding your ETH with DETH: makina.finance/strategy/deth

Interesting points from Bret: @SpaceX is taking a differentiated approach to being a fully integrated company. Investing a lot in Starship because that enables all of the other businesses and Terrestrial compute because it is a cash flow mechanism that will fund so many things along with speeding development of orbital compute. 5G DTC connectivity will be available in 2027. $SPCX is not well understood by the market.

Tokenization gets the shares onchain and Makina Machines can put them to work. Machines can take tokenized stocks on Base as deposits, then earn yield on top of holding them. The first vault running that with SPCXc is Dialectic Starloop. More here: dialecticgroup.substack.com/…

The infrastructure layer for agentic finance is getting stronger. Seems like a great fit for DeFi-Bench.com Season 2.