🔍 February 12, 2026 Daily Briefing 📊 I. Key Data Fear & Greed Index: 8 (Extreme Fear) US BTC Spot ETF: Net outflow of $276 million yesterday US ETH Spot ETF: Net outflow of $129 million yesterday 📰 II. Important News of the Day 1️⃣ Macroeconomics and Regulation 1) On February 12, the UK Treasury selected HSBC Holdings Plc's blockchain platform Orion for a pilot issuance of the country's digital government bond instrument, DIGIT. The Orion platform has been used globally to issue over $3.5 billion in digital-native bonds, including the European Investment Bank's first digital pound bond and the equivalent of $1.3 billion in green bonds issued by the Hong Kong government. 2️⃣ Industry News 1) On February 12th, according to official news, Citibank announced that it has tokenized a bank draft and put it on the blockchain, completing its entire lifecycle (from issuance to settlement) on Solana. 2) On February 12th, Pudgy Penguins announced the official launch of the Pengu Card in partnership with Visa and KAST. The Pengu Card is globally accepted, covering over 150 million merchants, offering up to 12% reward returns and up to 7% yield. Users can directly use stablecoins or cryptocurrencies for card payments without needing to exchange assets to centralized exchanges, allowing crypto assets to circulate easily in daily consumption. 3) According to official news, Ondo Finance announced a partnership with Chainlink, using Chainlink as its official data oracle to accelerate the application of tokenized US stocks in the DeFi field. Chainlink currently supports initial lending of Ondo tokenized assets, including SPYon, QQQon, and TSLAon, which are available on Euler. Users can borrow stablecoins using tokenized stocks and ETFs as collateral. 4) Coinbase announced the launch of Agentic Wallets, a wallet infrastructure for AI agents. Based on the x402 protocol under development by Coinbase, this tool allows AI agents to autonomously hold funds, send payments, trade tokens, earn rewards, and perform on-chain operations, while incorporating built-in security permissions and risk control mechanisms. 3️⃣ Focused Target Developments/AI-Related Progress 1) On February 12th, Musk stated that he had restructured his AI startup xAI after two co-founders left earlier this week. xAI will be divided into four core areas: Grok, programming, Imagine video products, and Macrohard, responsible for generating and managing the company's digital agents. xAI recently merged with SpaceX, bringing the combined company's valuation to $1.25 trillion.