AXC Labs ❯ RWA Liquidity Protocol

⁠📌 Amundi launches $100M tokenized cash fund Europe’s largest asset manager (with €2.3T AUM) quietly entered the tokenized RWA space with the Spiko Amundi Overnight Swap Fund (SAFO), a regulated cash fund built under the French SPIKO SICAV framework and live on both Ethereum and Stellar. It targets institutional treasury and collateral management with 24/7 onchain liquidity; the shareholder register is recorded natively onchain, and subscriptions are open in EUR, USD, GBP, or CHF starting from one unit. Chainlink powers cross-chain aspects.

📌 RWA yield infrastructure emerges as the real alpha play (CoinDesk Research): Direct RWA token governance tokens miss the value, it accrues to curators/issuers. Platforms solving leverage + settlement friction (Morpho with $6.8B TVL and permissionless vaults; Fluid dominating RWA-adjacent stablecoin volume) are capturing the trade. Example: 9% RWA yield looped at 4% borrow can theoretically deliver 29%+ net, once rails mature. coindesk.com/research/the-r…

RWA Weekly Update – Mar 20, 2026 📌 SEC approves Nasdaq’s tokenized securities settlement pilot 📌 SEC Commissioner Hester Peirce opens door to tokenization innovators 📌 European Central Bank said it is seeking experts to help integrate the digital euro into ATMs and card payment terminals 📌 RWA yield infrastructure emerges as the real alpha play (CoinDesk Research) ⁠📌 Amundi launches $100M tokenized cash fund

📌 HashKey Group launched a one-stop RWA issuance solution to bridge TradFi and Web3 HashKey Group has launched a one stop RWA solution in Hong Kong, led by HashKey Tokenisation, to provide compliant end to end tokenisation infrastructure for asset owners and global investors, including issuance, custody, disclosure and trading via HashKey Exchange. Positioned around Hong Kong’s regulatory clarity and deep capital base, the platform targets funds, bonds and supply chain finance, aiming to make the city a leading global hub for RWA innovation. hashkey.com/en-US/blog/has…

📌 Japan’s SBI Holdings and Startale Group debut JPYSC, the first trust bank-backed Japanese yen stablecoin Startale Group and SBI Holdings have unveiled JPYSC, the first Japanese yen stablecoin backed by a trust bank and issued by Shinsei Trust & Banking under Japan’s regulatory framework, with SBI VC Trade as distributor and Startale leading technical development. The fully compliant digital yen is designed to work across traditional finance and blockchains, with launch targeted for Q2 2026 pending regulatory approval. startale.com/en/blog/jpysc

RWA Weekly Update – Feb 27, 2026 📌 Gate secures Malta PSD2 license, unlocking EU-wide stablecoin payments under MiCA 📌 US OCC proposes curbs on branded stablecoins and bans yield rewards 📌 Japan’s SBI Holdings and Startale Group debut JPYSC, the first trust bank-backed Japanese yen stablecoin. 📌 HashKey Group launched a one-stop RWA issuance solution to bridge TradFi and Web3

@0xEdisonL @consensus2026 @plumenetwork @WisdomTreeFunds @osldotcom AXC labs is the liquidity solution for illiquid RWAs

During @consensus2026 week, we co-hosted the Global RWA Alliance lunch with @plumenetwork , @WisdomTreeFunds , and @osldotcom . I took the stage to discuss the Structural Inefficiencies of Tokenized Alternatives. Here is the breakdown: 1/ The Cost Reality: Tokenization isn't free. There are hidden costs: premium minting/redemption fees, operational drag, and complex legal wrappers. 2/ Tokenisation Value Proposition: However, the value prop can potentially outweighs the cost if we unlock utility. Tokenization expands the Total Addressable Market (TAM). Furthermore, once an asset is permissionless, programmable, and has transparent price discovery, it unlocks new financial use cases in the DeFi economy (e.g., lending, leveraging), ultimately increasing capital efficiency. 3/ The PMF Equation: The Product-Market Fit for tokenized alternative assets can be defined as follows: (Value Creation from New Use Cases + Capital Efficiencies) > (Risk & Cost of Static Tokenization Wrappers) 4/ The Critical Caveat: The DeFi world operates in a permissionless, algorithmic manner. Therefore, liquidity and price discovery for tokenized assets are the critical keys to unlocking these additional use cases. Special thanks to @teddyP_xyz @sasagoongooncat @nonplayablecin for putting this together

Thank you to everyone who joined Global RWA Alliance in HK during @Consensus2026 🇭🇰 It was a pleasure to co-host with @plumenetwork, @wisdomtreefunds, @osldotcom and our ecosystem partners. Our founder @0xEdisonL shared AXC’s view on how alternative asset such as hedge fund and private credit products can empower the next layer of onchain wealth management. Grateful for the strong turnout and thoughtful discussion.

The future of RWAs is bright in Hong Kong. Joined by our partners at @WisdomTreeFunds, @AXCLabs, and @osldotcom, we hosted our third edition of the Global RWA Alliance focusing on the next evolution in finance.

This week at @consensus2026 we hosted the Global RWA Alliance Luncheon. Together with partners including @WisdomTreeFunds, @AXCLabs, and @osldotcom, we convened issuers, institutions, and infrastructure leaders to shape the next phase of real-world assets onchain.

The question here is will the on chain price of the tokenised treasury fund remain same as fund’s NAV or different? 1/ My assumption is that it will be different since the whitelist market makers cannot profitably arbitrage the price difference unless the deviation exceeds the cost of minting or redeeming the token. 2/ Consequently, higher fees result in wider disconnects between the token price and the NAV of the underlying asset.

Happy Lunar New Year from AXC Labs. Wishing our community health, prosperity, and steady returns in the year ahead as we build the endgame of on chain alternative wealth together 💚

At EX.IO, we don’t just host conversations - we convene the industry leaders to drive the space forward. Our Consensus Web3 event featured three high-density panels spanning compliant RWA @sasagoongooncat @plumenetwork, @OpenEden_X, @FinloopHK, @0xEdisonL @AXCLabs , stablecoin payment rails @mehler @stable, @klicklofficial, @DarienPoh @synthesysco , and AI-powered Web3 infrastructure @alibaba_cloud, @sanzhichazi1 @amber_ac_ , Stock.ai, @LinkedIn Local Asia. Across the room, decision-makers from TradFi, DeFi, and deep tech engaged in candid, solution-oriented dialogue - no fluff, just execution. We were also honored to hear a powerful closing keynote from @AdamCai15 , CEO of @Virgo_Global , on the institutional inflection point we’re navigating and why compliant infrastructure is the bedrock of what comes next. This is our north star: to bridge Asia’s innovators with global capital, and turn compliant infrastructure into a launchpad for real-world adoption.

Welcome Edison LEUNG, Co-Founder & CEO of @AXCLabs, as a key speaker at EX.IO Accelerate Intelligence: Web3 Evolution Day at CAI Tower! As our strategic partner powering scalable Web3 & AI infrastructure across Asia, Edison will deliver frontline perspectives on unlocking liquidity, composability, and real-world use cases for RWAs — essential for anyone building or investing in the evolving Web3 ecosystem from Hong Kong. Join us to hear how AXC is accelerating the next generation of blockchain innovation. Spots are limited — RSVP today: luma.com/h16sxh78 #EXIO #Web3Evolution #Consensus2026 #AXC #AIxWeb3