Illustration of Variational's $50 million funding for real-world asset perpetuals on a blockchain trading platform.
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Variational raises $50 million for real-world asset perps

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Peer-to-peer trading startup Variational has secured $50 million in a Series A funding round to expand its onchain derivatives platform focused on real-world assets.

Solana recorded a sharp increase in real-world asset activity last month. Transfer volume more than doubled to $8.68 billion in the 30 days ending July 6. The rise points to greater circulation of tokenized assets on the network.

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Bybit has introduced tokenized fixed-income products from PIMCO and China Merchants Bank International. The offerings are available through the exchange's newly launched RWA Earn platform.

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