KEYTAKEAWAYS
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RWA sector TVL hits $12.8B ATH, led by BlackRock’s BUIDL fund, reflecting growing institutional interest in tokenized U.S. Treasuries.
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Owlverse to launch July 4, pioneering DePIN-based decentralized AI compute infrastructure with tokenized incentives and IoT support.
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BitFuFu reaches 1,709 BTC and joins Bitwise’s BTC ETF, signaling rising institutional interest in Bitcoin mining equities.
CONTENT
RWA SECTOR TVL HITS $12.8B ATH, LED BY BLACKROCK’S BUIDL
According to DefiLlama data on July 2, the total value locked (TVL) in the Real-World Asset (RWA) sector surpassed $12.8 billion, marking a new all-time high with a 3.2% monthly increase.
BlackRock’s BUIDL fund tops the list with $2.84B TVL, followed by Ethena’s USDtb ($1.46B) and Ondo Finance ($1.39B). This surge highlights growing institutional interest in tokenized U.S. Treasuries and a maturing regulatory landscape.
Analysis:
The RWA market is rapidly gaining traction as institutions seek yield-generating, compliant crypto-native instruments.
Tokenized Treasuries, led by names like BlackRock and Ondo, are emerging as a key on-chain asset class. Continued regulatory clarity and infrastructure development may further accelerate adoption.
OWLVERSE TO LAUNCH JULY 4, PIONEERING DePIN-BASED AI COMPUTE INFRASTRUCTURE
Owlverse, a decentralized compute platform built on DePIN (Decentralized Physical Infrastructure Network), will officially launch on July 4 at 12:00 PM UTC.
The platform enables users to deploy mining units and create token-driven smart task systems. Integrated with TrendX, Owlverse aims to support AI workloads, IoT, and data services with distributed compute resources.
Analysis:
As DePIN and decentralized AI continue to converge, Owlverse’s launch is well-timed. With the DePIN market expected to reach $3.5T, projects like Owlverse that combine token incentives and physical compute resources are poised to redefine how AI infrastructure is built in Web3.
BITFUFU REACHES 1,709 BTC, INCLUDED IN BITWISE BTC ETF
Bitcoin mining firm BitFuFu (NASDAQ: FUFU) reported 34.1 EH/s hashrate and 1,709 BTC holdings as of mid-2025. The firm has been included in Bitwise’s Bitcoin Standard Corporations ETF (OWNB), ranking among its top 10 holdings with a 4.03% allocation.
Analysis:
BitFuFu’s steady BTC accumulation and inclusion in a mainstream ETF highlight rising investor recognition of mining firms as BTC-native equities. However, as sustainability concerns grow, the firm’s energy mix and environmental impact may draw further regulatory attention.
