Real-World Assets
Tokenized equities on Robinhood Chain have driven a sharp increase in real-world assets, which reached about $70 million in value after a fivefold rise in less than two weeks.
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The governance token of the decentralized lending protocol Aave dropped 8% to $208 on Thursday, underperforming the wider crypto market. This decline occurred despite strong growth in Aave's institutional real-world asset lending arm. Technical indicators point to a bearish trend as key support levels failed.