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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The wholly-owned subsidiary of Yunfeng Financial Group has completed the RWA tokenization of FOF fund investment shares.
[Yunfeng Financial Group's wholly-owned subsidiary completes FOF fund investment share's RWA tokenization] Yunfeng Financial Group, in which Jack Ma has an indirect stake, announced that its blockchain technology team successfully tokenized the real-world assets (Real-World Asset Tokenization, RWA) of the FOF (Fund of Funds) shares invested by its wholly-owned subsidiary, issuing the first RWA project independently completed by Yunfeng Financial. This further promotes the depth integration of TradFi and Blockchain technology. It is reported that the FOF fund invested by Yunfeng Financial Group's wholly-owned subsidiary mainly focuses on alternative assets (directly or indirectly investing in credit and real estate-related debt securities markets), and issuing part of the fund's investment shares in the form of tokens can enhance transparency.