RWA

Gold Rebounds Above $4,000 as Arabica Coffee Hits Record High Amid Tariff Dispute
Gold prices have regained the $4,000 level amid shifting Federal Reserve rate expectations and dollar strength, while arabica coffee prices reached all-time highs driven by the U.S.-Colombia tariff dispute, highlighting the growing influence of trade policy on commodity markets.
SpaceX Investment-Grade Bond Debut Meets Skepticism as Valuation Drops $60 Billion in Three Days
SpaceX issued its first investment-grade bonds, but shares fell for three consecutive days, erasing approximately $60 billion in market value. Moody's high rating has drawn market skepticism, reflecting growing investor caution toward high-valuation tech companies.

Coinbase Tokenized Stocks Face Scrutiny Over 'Real Equity' Claims and Legal Structure
Coinbase announced a tokenized U.S. stock service promising 'real equity ownership,' but Galaxy's research head questions whether its third-party wrapper model can deliver genuine shareholder rights, as SpaceX's post-IPO plunge highlights market risks.

SpaceX Launches $20B Bond Offering and Signs $6.3B AI Compute Deal with Reflection
SpaceX initiated its first investment-grade bond offering, expected to reach $20 billion, to fund AI infrastructure expansion. Simultaneously, the company signed a compute lease agreement with open-source AI startup Reflection worth up to $6.3 billion, providing access to Nvidia GB300 chips through 2029.

SpaceX Completes Record $75 Billion IPO with Bitcoin Treasury Strategy Drawing Attention
SpaceX priced its record-breaking $75 billion IPO at $135 per share and surged 19% on its first trading day. The company's $1.3 billion bitcoin reserve makes it the first major public company to hold bitcoin as a strategic cash reserve, potentially influencing how other tech giants approach crypto assets.

SpaceX Completes Largest IPO in History, Valuation Exceeds $1.7 Trillion
SpaceX priced its $75 billion IPO at $135 per share and surged 19% on its first trading day to close at $160.95, pushing valuation above $1.7 trillion. The company disclosed holdings of over 18,000 Bitcoin, drawing attention to corporate digital asset strategies.

SpaceX Completes Largest IPO in History, Valuation Surpasses $2 Trillion
SpaceX priced its $75 billion IPO at $135 per share and closed up 19% on its first day of trading, pushing valuation above $2 trillion and making Elon Musk the world's first trillionaire.

SpaceX Completes Largest IPO in History with Simultaneous Solana Blockchain Launch
SpaceX priced its IPO at $135 per share, raising $75 billion at a $1.77 trillion valuation in a record-breaking offering. Shares debuted on Nasdaq and simultaneously launched on Solana blockchain, with eligible shares convertible between tokens and traditional stock, signaling a paradigm shift as major enterprises choose blockchain settlement infrastructure alongside traditional brokerage systems.

Morpho Raises $175 Million to Build Onchain Credit Infrastructure for Global Markets
Blockchain lending protocol Morpho announced a $175 million funding round co-led by Paradigm, a16z crypto, and Ribbit Capital. The protocol manages over $11 billion in deposits and serves institutional clients including Galaxy and Anchorage Digital, as investors bet on blockchain credit infrastructure adoption by banks and asset managers.