The digital currency sector has received another boost. On June 26, the A-share market experienced a surge followed by a pullback. The defense sector remained strong throughout the day, with stocks like Wanlima and Great Wall Military Industry hitting the daily limit. Stablecoin concept stocks strengthened again, solid-state battery concepts remained active, and banking stocks showed resilience against the trend. Sectors like tourism, digital currency, and oil and gas led the gains, while innovative pharmaceuticals, brain-computer interfaces, photolithography machines, and semiconductors lagged.
RWA Joint Laboratory Initiative Launched
To promote the digitization and capitalization of Real World Assets (RWA), the Blockchain and Data Elements Professional Committee of the China Mobile Communications Association is now inviting applications nationwide for "RWA Ecological Partners."
Under the ecological partner action plan, 20 units will be selected to establish an "RWA Joint Laboratory." These partners will receive comprehensive support in data resource integration, technological research and development, and funding to drive synergistic innovation between RWA and data elements.
Eligible RWA ecological partners must be enterprises or institutions engaged in asset digitization, data element integration applications, technological research, trading, and service support nationwide. They should possess the capability or scenarios for synergistic development of RWA and data elements. Specific categories include data element-driven RWA enterprises, RWA technology support enterprises, RWA trading and service platforms, and industrial integration entities.
Huaxi Securities pointed out that as global regulatory frameworks gradually improve, stablecoins and RWA will deeply integrate, becoming critical infrastructure in financial markets. The compliance and programmability of stablecoins will drive automation and globalization in green finance, supply chain finance, and other fields, helping traditional assets achieve a new digital financial landscape of "on-chain liquidity and global allocation."
Stablecoins Gain Momentum as Major Institutions Enter the Fray
Stablecoins have become a market hotspot, with major institutions stepping in to seize opportunities. Earlier, JD.com and Ant Group explicitly stated their intentions to apply for stablecoin licenses. Recently, Guotai Junan International announced an upgrade to its license to provide virtual asset trading services. On June 26, another securities firm announced its entry into the cryptocurrency space.
In a post-market announcement on June 26, Huaxing Capital Holdings disclosed that its board approved a $100 million budget to develop Web3.0 business and invest in cryptocurrency assets over the next two years.
Leveraged Funds Increase Positions in Multiple Concept Stocks
According to statistics from Securities Times · Data Bao, there are 23 A-share stablecoin concept stocks. Guotai Haitong, with a latest market capitalization of 317.624 billion yuan, is the largest by market value. Recently, Guotai Junan International Holdings Limited, a subsidiary of Guotai Haitong Group, officially received approval from the Hong Kong Securities and Futures Commission to upgrade its existing securities trading license to provide virtual asset trading services and offer advice based on these services. After this upgrade, customers will be able to directly trade cryptocurrencies, stablecoins, and other virtual assets on the Guotai Junan International platform.
All stablecoin concept stocks have recorded gains this year. Stocks like Sunyard Fintech, Hengbao Co., Ltd., and Xiongdi Technology lead the gains, with their stock prices more than doubling year-to-date. Sunyard Fintech possesses the products and technology to support licensed institutions in participating in the issuance, trading, and reserves of stablecoins.
Since June, Jingbeifang, Chutianlong, and Xiongdi Technology have all received institutional research. Jingbeifang was researched by 103 institutions. During the research, the company stated that the technology and product experience accumulated in the construction of the digital RMB system and application promotion are highly reusable. Previously, the company had a local delivery team for digital currency in the Greater Bay Area, with rich experience in system construction and customer service. Currently, the company is actively promoting the optimization and upgrade of its Hong Kong business delivery model.
From a capital perspective, 15 stablecoin concept stocks received increased positions from leveraged funds this week. Guotai Haitong, Sunyard Fintech, Hundsun Technologies, Zhongke Jincai, Hengbao Co., Ltd., and Lakala lead in net purchases by leveraged funds, each exceeding 100 million yuan.
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Frequently Asked Questions
What are Real World Assets (RWA)?
Real World Assets (RWA) refer to tangible or intangible assets from the physical world that are tokenized or digitized on a blockchain. This process enables fractional ownership, enhanced liquidity, and global accessibility for traditionally illiquid assets like real estate, art, or commodities.
Why are stablecoins important in the RWA ecosystem?
Stablecoins provide a stable medium of exchange and store of value within the volatile cryptocurrency market. Their programmability and compliance features facilitate automated transactions, settlements, and governance in RWA applications, making them essential for integrating traditional finance with blockchain technology.
How do leveraged funds impact stablecoin concept stocks?
Leveraged funds use borrowed capital to amplify their investment positions. When these funds increase their holdings in stablecoin concept stocks, it signals confidence in the sector's growth potential. This can drive up stock prices and attract further investment, reinforcing positive market sentiment.
What risks should investors consider with stablecoin概念 stocks?
Investors should be aware of regulatory changes, market volatility, and technological risks associated with blockchain and digital assets. While the sector offers high growth potential, it is also susceptible to rapid shifts in investor sentiment and policy developments.
How can companies participate in the RWA ecosystem?
Companies can engage by developing or adopting technologies for asset tokenization, providing trading platforms, or offering supportive services like compliance and data management. Partnerships with established institutions and regulatory compliance are key to successful integration.
What role do regulatory approvals play in this sector?
Regulatory approvals, such as upgraded licenses for virtual asset trading, legitimize operations and enhance consumer trust. They enable firms to offer a broader range of services, including cryptocurrency and stablecoin transactions, which can drive adoption and market growth.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. The digital currency and stock markets are volatile; investors should conduct their own research and exercise caution.