According to ME News, on February 6th (UTC+8), data from CoinFoundry showed:
- Market capitalization of commodities: US$6.6 billion
- Market value of government bonds: US$1.48 billion
- Institutional fund market capitalization: US$2.56 billion
- Private lending market capitalization: $37.19 billion
- Market value of US Treasury bonds: $10.25 billion
- Market value of corporate bonds: US$1.62 billion
- Market capitalization of tokenized stocks: $1.7 billion
Market Dynamics:
- MSTR reported a net loss of $12.4 billion in Q4 2025, causing its stock price to plummet 17% that day.
- The market capitalization of the top 20 DAT companies has shrunk by a total of $17 billion, with Bitmine accounting for over 40%.
- Saylor's unrealized losses exceed $10.1 billion, and Tom Lee's unrealized losses exceed $8.65 billion.
- Ondo Finance's flagship fund USDY is officially launched on the Sei network.
Summarize:
The RWA market is at a dramatic turning point. Amidst the stress test of a sharp "flash crash" in the broader cryptocurrency market, the RWA sector has demonstrated remarkable counter-cyclical resilience, leveraging its narratives as a "safe haven" and "mature infrastructure." (Source: ME)
