The Ripple-linked XRP cryptocurrency has re-entered the 100 assets by market capitalization. 

The popular token is currently in 98th place (above American computer networking company Arista Networks and Indian banking and financial services company HDFC Bank). 

XRP’s market capitalization currently stands at $180.5 billion following the cryptocurrency’s latest price spike. Earlier today, XRP peaked at an intraday high of $3.07. 

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The token’s price recovery comes amid growing chatter about looming ETF approval, which is widely expected to happen in the fourth quarter of the year. 

XRP surpassing McDonald’s 

Earlier this year, the Ripple-linked token managed to break into the top 80 by market capitalization. 

The token briefly even briefly topped McDonald’s, which was seen as a rather symbolic milestone. 

Back then, XRP also surged above PetroChina, China’s biggest oil and gas producer, AT&T, a major U.S. telecom and media company, Siemens, a German tech giant, Shell, one of the biggest oil and gas companies, Uber, the leading ride-hailing company, Verizon, one of the top telecom providers in the US, as well as Xiomi, one of the leading consumer electronics manufacturers in China. 

On July 18, the token reached a new record peak of $3.66, but it has since declined by a whopping 16%. 

A unit of the Chinese fintech conglomerate Ant Group is tokenizing more than $8 billion worth of energy infrastructure on its own blockchain. 

Ant Digital Technologies, the enterprise solutions arm of the Jack Ma-backed Ant Group, is in the process of tokenizing 60 billion yuan ($8.4 billion) of power infrastructure on its AntChain network, according to Bloomberg, citing people familiar with the matter. 

The company has been monitoring power output and outages from 15 million energy devices, including wind turbines and solar panels across China, and uploading this data to their blockchain, according to the report. 

Ant Digital has already completed financing for three clean energy projects using asset tokenization, raising about 300 million yuan ($42 million) total, and its next step will be to issue tokens linked to those assets. 

One of the company’s future expansion options is putting tokens on decentralized offshore exchanges to create more liquidity for the assets, but this is subject to regulatory approval, according to the anonymous sources. 

Ant already tokenizing energy assets 

Ant Digital raised 100 million yuan ($14 million) for energy firm Longshine Technology Group in August 2024, and linked 9,000 of its electric charging units to AntChain. 

In December, it secured over 200 million yuan ($28 million) for GCL Energy Technology by connecting photovoltaic assets to its blockchain.

Related: Green RWAs recast climate assets as profitable cutting-edge tech

Asset tokenization allows companies to bypass traditional financial intermediaries by issuing digital tokens directly to investors. 

This provides several benefits, such as cutting out middlemen like loan officers and underwriters, reducing costs and speeding up funding access, and opening investment opportunities to retail investors typically excluded from infrastructure financing.

Stablecoin ambitions

Ant Group also has grand stablecoin ambitions.

In July, it was reported that Ant Group was working with stablecoin issuer Circle to integrate USDC into its blockchain platform. 

Meanwhile, the group’s global division, Ant International, has been leveraging infrastructure for cross-border corporate payments and applying for stablecoin-related licenses.

RWA onchain value at record high

Real-world asset tokenization is still a nascent sector; however, onchain value has almost doubled since the beginning of this year, reaching a record high of $28.4 billion this week, according to RWA.xyz. 

More than half of this total is tokenized private credit, while just over a quarter of it is tokenized US Treasurys. Ethereum remains the market-dominant chain for tokenizing RWA with a 57% market share.

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]]> https://earlybirdsinvest.com/ant-digital-is-putting-8b-in-energy-assets-on-the-blockchain-report/feed/ 0 57508 https://earlybirdsinvest.com/tokenized-assets-are-already-nearing-300-billion-led-by-stablecoins/ https://earlybirdsinvest.com/tokenized-assets-are-already-nearing-300-billion-led-by-stablecoins/#respond Mon, 08 Sep 2025 01:48:42 +0000 https://earlybirdsinvest.com/tokenized-assets-are-already-nearing-300-billion-led-by-stablecoins/

According to recent data by Token Terminal, tokenized real-world assets (RWAs) are already nearing $300 billion, a milestone that was projected to be reached in 2030. An additional report by RedStone Finance found that RWAs on-chain could hit as much as $30 trillion by 2034.

While most of the momentum is made up of stablecoins like USDT and USDC, with Ethereum and Tron emerging as the big winners in asset tokenization, don’t blink and miss the broader trend: stablecoins lead, but funds are rising.

On-chain funds, treasuries, and bonds are all rapidly carving out a bigger slice of the pie, moving capital markets from sleepy bank vaults onto global, blockchain rails that trade around the clock.

Tokenized RWAs: beyond dollars and stocks

Tokenized RWAs include much more than dollars in disguise. Earlier this week, Coinbase announced that it would launch Mag7 + Crypto Equity Index Futures to create the first US-listed futures product that combines traditional equities and crypto exposure.

Government bonds like Ondo USDY and BlackRock’s BUIDL, tokenized money-market funds, gold tokens such as PAXG, and even fractionalized real estate shares are now also a reality.

Commodities aren’t left behind either. There’s over $2.5 billion in digital gold, $500 million in tokenized oil, and millions in tokenized silver, agricultural goods, and even carbon credits.

Larry Fink, CEO of BlackRock, calls tokenization a “revolution” in investing, envisioning a future where “every asset can be tokenized” and traded with global reach and instant settlement.

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This isn’t just fintech hype. According to McKinsey and Token Terminal, institutional adoption is ramping up; tokenized RWAs alone are set to double in size as funds and treasuries jump ship to the blockchain.

The implications of 24/7 access to traditional financial assets

The move beyond stablecoins highlights a new era for capital markets, and the implications are far-reaching. Imagine having 24/7 access to traditional financial (TradFi) assets, democratized by fractional shares, with no more waiting days for trades to settle.

Rather than relying on a centralized provider or a shadowy broker, every transaction is traceable and programmable, with assets directly managed on decentralized platforms, fast-tracking liquidity and efficiency.

As funds and institutional assets sprint on-chain, the $300 billion milestone that was expected to be hit in 2030 marks not just growth but a sea change: the financial system is stepping off Wall Street and into global, programmable networks, changing where (and how) finance happens.

Stablecoins were the start. Now, the tokenization wave is carrying funds, bonds, commodities, and even art. The next chapters? Real estate, private credit, and markets yet to be imagined, all open, frictionless, and unstoppable.

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Crypto analyst Costa has made an ultra-bullish prediction for the XRP price, stating that it could reach $473,214. He explained that such a massive price surge could happen thanks to tokenization on the XRP Ledger (XRPL).

XRP Price To Reach $473,214 If This Happens

In an X post, Costa predicted that the XRP price would reach $473,214 if 10% of global assets got tokenized onto the XRPL. This followed Ripple’s statement that 10% of global assets are expected to be tokenized by 2030. The analyst expects these assets, which amount to $50 trillion, to be tokenized on the XRP Ledger. 

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Costa declared that the amount of inflows and utility will most definitely cause the XRP price to skyrocket. He also noted that a potential supply shock will push the altcoin higher. Meanwhile, the analyst alluded to a market cap multiplier to explain how the price increase will happen. He stated that for every 10 billion of inflows, XRP will increase by 516x, moving the altcoin’s market cap to $5.3 trillion. 

Costa then broke down the calculation for how the XRP price would reach $473,214. He divided $50 trillion, which represents 10% of the global assets, by $10 billion, which is the amount he projects as the inflows. The division amounted to $5,000, which he then multiplied by the projected $5.3 trillion market cap, leading to $26.5 quadrillion. 

The analyst noted that dividing the current supply by this will result in an XRP price of $473,000. However, Costa admitted that these projections are simply hypothetical and that there is no 100% guarantee of 10% of the global assets being tokenized on the XRP Ledger. 

XRP Still Expected To Rise Higher

The XRP price is currently on a downtrend, but is still expected to witness a bullish reversal and reach new highs. Crypto analyst Matthew Dixon noted that the price is expected to surge soon above the highs previously recorded this year. He noted XRP’s pattern is currently corrective and should resolve higher, especially with the softening of monetary policy. 

The Fed is expected to make a 25-basis-point (bps) rate cut at the next FOMC meeting, which is bullish for the XRP price. This could inject more liquidity into the altcoin’s ecosystem and serve as the catalyst for the next leg up. Crypto analyst Egrag Crypto predicted that the XRP price could rally to as high as $6 soon enough. However, he warned that the altcoin needs to hold above its current range as it prepares for this major breakout. 

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At the time of writing, the XRP price is trading at around $2.81, down in the last 24 hours, according to data from CoinMarketCap.

Featured image from Adobe Stock, chart from Tradingview.com

Recent data from Bitcoin and gold ETFs revealed a departure from historical trends this month: instead of flows moving in opposite directions as they normally do, both Bitcoin and gold experienced outflows at the same time.

This rare correlation speaks volumes about the current macroeconomic environment and shifting investor psychology. Bitcoin outflows didn’t benefit gold, and until the Fed’s path is clearer, both assets remain under pressure.

Bitcoin outflows, hard assets are feeling the pain

Traditionally, when investors pull money out of Bitcoin, gold, the ultimate safe-haven asset, sees a surge in inflows, and vice versa. That’s because Bitcoin and gold are seen as alternative stores of value and hedges against traditional financial market risks.

Investors often view them as uncorrelated assets because their prices and demand don’t typically move in tandem with stocks or bonds. However, each asset appeals to different risk appetites and market conditions

Not so this month. Bitcoin ETFs recorded six straight days of outflows, draining nearly $2 billion in late August alone. Meanwhile, outflows from major gold ETFs, such as GLDM, also spiked, with $449 million exiting in just one week.

Despite record Bitcoin outflows and a broader crypto market pullback, Bitcoin ETFs rebounded toward the end of August, with a four-day inflow streak through the pullback. Gold ETFs also saw net inflows during the last days of August 2025, tracking a similar rebound as Bitcoin ETFs, and suggesting a possible change in investor sentiment as the month closes.

Macro uncertainty rules

The backdrop for this unusual behavior is a cocktail of economic crosswinds: uncertainty around Federal Reserve monetary policy, persistent inflation, and signs of a softer labor market. With the Fed’s next move unclear, Bitcoin and gold may not be especially attractive to investors seeking clarity or certainty.

Sticky inflation keeps the Fed hawkish, yet waning job growth undercuts confidence in further rate hikes.

This uncomfortable limbo leaves markets in a risk-off posture, where both speculative and defensive assets struggle to gain traction.

Waiting for the Fed’s next move

Bitcoin, often dubbed “digital gold,” inflows are stalling right now because investors aren’t feeling risk-on. Yet gold, which typically shines in periods of heightened fear, is also not benefiting from Bitcoin outflows.

Inflation concerns and shifting rate expectations are undermining gold’s historic safe-haven narrative. Instead of moving in opposition, both assets faced outflows as investors either shift to cash, seek higher-yielding alternatives, or wait for the Fed’s next move.

Until monetary policy direction becomes clearer, both Bitcoin and gold may continue to face headwinds. Macro investors value certainty, and, at the moment, ambiguity reigns.

This lethal combination makes it difficult for investors to predict whether rates will rise, a recession is coming, or inflation will surge again, leading to broader uncertainty across financial markets.

For now, Bitcoin outflows aren’t benefiting gold, and both assets are caught on the sidelines, waiting for the Fed to declare a new direction.

Breaking Barriers: Mining Made Simple and Accessible

Bitcoin cryptocurrency mining has long been seen as a playground for skilled professionals and high-capital investors. Traditional mining models require advanced equipment, heavy electricity consumption, and specialized knowledge. This kept everyday users away from a profitable opportunity.

With the launch of its new mobile app, CryptoMiningFirm has eliminated these barriers. Now, anyone with a smartphone can participate in mining and earn money without technical or financial obstacles.

The app’s mission is simple: democratize crypto mining and transform idle digital assets into active, income-generating wealth.

How the CryptoMiningFirm Mobile App Works

Unlike conventional rigs, the CryptoMiningFirm app leverages powerful cloud-based servers. These servers, powered by renewable energy, process all mining operations while the app connects users remotely. The result is mining without hardware, setup, or maintenance.

Through the app, users can:

• Activate mining with a few taps.
• Monitor real-time earnings on a transparent dashboard.
• Select from multiple cryptocurrencies, including Bitcoin, Ethereum, XRP, DOGE, USDT, and more.
• Withdraw rewards instantly, anytime, anywhere.

The ease of use ensures beginners and experienced traders alike can join the mining process within minutes.

Why CryptoMiningFirm App is a Game Changer

The CryptoMiningFirm mobile app stands out because it makes mining practical, profitable, and sustainable for everyone.

• No expensive hardware required – Bitcoin mining takes place on secure servers, not on user devices.
• Daily returns – Investors receive guaranteed returns every 24 hours.
• Simple registration – Anyone can start mining in 30 seconds.
• Global Accessibility – Works smoothly even in regions with slower internet.
• Eco-Friendly Technology – Mining is powered by renewable energy, reducing environmental impact.

By combining accessibility with profitability, CryptoMiningFirm redefines how the world engages with digital assets.

Step-by-Step Guide to Getting Started

Joining the platform is quick and user-friendly:

1. Visit the Official Website – Access cryptominingfirm.com.
2. Sign up for free – Create your VIP account in just a few easy steps.
3. Claim Your Welcome Bonus – Receive up to $100 to start your first contract.
4. Choose a plan – From beginner to elite millionaire mining contracts, we have it all.
5. Activate mining – Your smartphone or computer will become your income portal.

This seamless process ensures no downtime between registration and profit generation.

Manage Wealth Anywhere With the App

The newly launched mobile app transforms smartphones into wealth-creation tools. With it, users can:

• Track mining performance in real-time.
• Manage contracts efficiently.
• Withdraw earnings instantly.
• Securely access wallets with encryption and two-factor authentication.

Download here: CryptoMiningFirm App. With the app, investors carry a portable mining factory in their pockets.

CryptoMiningFirm’s Contracts Create Opportunities for Everyone

CryptoMiningFirm’s strength lies in its diverse mining contracts. Whether users invest $100 or $100,000, each plan is designed to ensure transparency and profitability: Trial Plan, Classic Plan, Advanced Plan, Elite Plan, and Super Millionaire Plan.

These flexible contracts ensure both beginners and high-net-worth investors can participate and profit.

Click here to learn more about contract packages: https://cryptominingfirm.com/.

Eco-Friendly and Responsible Mining

Mining has faced criticism for its carbon footprint. CryptoMiningFirm addresses this challenge by operating entirely on renewable energy sources. This sustainable approach allows users to earn income while contributing to a greener future.

Global Impact of the Launch

The launch of this mobile app is more than just a technological achievement; it’s a financial revolution. By lowering the barrier to entry, CryptoMiningFirm empowers millions of people around the world to mine and earn profits without a specialized setup. This expansion will boost the popularity of BTC cryptocurrency worldwide and enhance people’s trust in digital finance.

From students exploring their first crypto investment to professionals seeking passive income, the app delivers a scalable solution. It sets a new benchmark for simplicity, inclusivity, and sustainability in mining.

Conclusion: A New Path to Digital Wealth

The launch of CryptoMiningFirm’s mobile app marks a turning point in the cryptocurrency mining industry, blending user-friendly technology, flexible contracts, environmentally friendly operations, and global accessibility into one seamless platform.

For the first time, mining is not just for a select few—it is for everyone. With daily rewards, instant withdrawals, and strong security, this app transforms smartphones into tools for wealth creation.

Official Website: https://cryptominingfirm.com/

Contact: [email protected]

Download App: https://cryptominingfirm.com/xml/index.html#/app

I’ve been in BTC for a while, but recently started stacking other coins (ETH, LTC, USDT, etc.). Until now, I’ve kept most of it in exchange, but obviously it’s not a wise long-term move. I know about hardware wallets like ledger and Trezor, but I also look at software/multicurrency wallets. The main things I care about are:

1. Security (2FA, encryption, no shaded background)
2. Ability to process multiple coins in one place
3. The reason I don’t get broken in the fee every time I move things is that you guys actually use the wallet setup?

Crypto Journalist

Amin Ayan

Crypto Journalist

Amin Ayan

About Author

Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has…

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August 23, 2025

Trish Turner has stepped down as head of the United States Internal Revenue Service’s (IRS) digital assets division, leaving the role after just three months.

Turner announced her departure in a LinkedIn post on Friday, reflecting on her two-decade career at the agency.

“After more than 20 years with the IRS, I have closed an extraordinary chapter of my career with deep appreciation for those who shaped my journey and made the work so meaningful,” she wrote.

Turner Vows to Bridge Gap Between Industry and Regulators

Turner added that she looked forward to “building bridges between industry and regulators” from a new position outside the agency.

Bloomberg Tax later reported that Turner will join Crypto Tax Girl, a private tax advisory firm, as its new tax director.

Founder Laura Walter confirmed the appointment, saying Turner’s expertise will help clients navigate the growing list of compliance challenges.

“With all of the big crypto tax and compliance changes on the horizon, we are excited to have Trish on board,” Walter said.

Her resignation comes at a critical moment for U.S. crypto taxation. The IRS has been under increasing pressure to modernize its digital asset strategy, following repeated criticism from lawmakers and watchdog agencies over its handling of crypto-related investigations.

Turner herself was only appointed in May, following the departures of Sulolit “Raj” Mukherjee and Seth Wilks, who left the division after roughly a year.

The shake-up coincides with heightened congressional scrutiny. Last month, the House Committee on Ways and Means announced a hearing on how to establish a clear tax framework for digital assets.

Earlier in July, the Treasury Inspector General for Tax Administration recommended reforms to the IRS’s criminal investigation unit, citing failures to follow protocols in crypto cases.

Meanwhile, the broader regulatory environment has shifted under the Trump administration.

In April, the president signed a resolution overturning a Biden-era rule that would have required decentralized finance (DeFi) protocols to report user transactions to the IRS.

Turner’s move to the private sector highlights the ongoing migration of senior government officials into crypto-focused firms, as the industry braces for sweeping changes in U.S. tax and compliance policy.

IRS Ramps Up Crypto Tax Crackdown With Surge in Warning Letters

As reported, the IRS has intensified its scrutiny of crypto investors in the United States, sending out a wave of warning letters over the past two months.

Tax experts say the letters point to growing enforcement efforts after the agency flagged discrepancies in filings linked to digital asset transactions.

CoinLedger, a crypto tax filing platform, said it received nearly 800 customer support queries about IRS letters between May and June, nine times more than the same period in 2024.

Tax attorneys have also seen a spike in outreach, with some firms now fielding multiple calls each week from concerned clients, compared to little or no activity last year.

The campaign recalls earlier IRS crackdowns in 2020 and 2021, when the agency issued widespread compliance letters after obtaining exchange data, including records from Coinbase.