Dubai Approves Tokenized Cryptocurrency Money Market Fund to Drive Real World Asset Development

On July 8th, based on HTX market data, Bitcoin experienced a rebound and reached $109,000. Currently, it is priced at $109,000 with a 24-hour change of 0.31%.

On July 8th, Andrei Grachev, the managing partner of DWF Labs, responded to the "Stablecoin USDF Temporary Depegging" issue. The stablecoin USDF has a collateral ratio with BTC of approximately 89% (about $565 million), and altcoins account for about 11% ($67.5 million). The reserve overcollateralization ratio is 116%, and each USDF minting must be backed by a stablecoin or an equivalent hedging position with no directional risk. The stablecoin USDF, under Falcon Finance, experienced a temporary depegging to $0.9432 and is currently trading at $0.9893, still in a slightly depegged state. USDF is a stablecoin launched by Falcon Finance and supported by DWF Labs.

On July 8th, the founder of Kaito, Yu Hu, made the latest statement this morning regarding Humanity's June 25th Kaito-related airdrop. He explained why some accounts, even if they were active users (yappers) or stakers, did not receive the allocation. The participation requirements are as follows: all users must complete the palm verification on the Humanity website before the airdrop check; stakers must link a wallet holding sKAITO or YT-sKAITO; active users must enter the claiming wallet address after the airdrop checker is released and before the claiming starts; the Humanity team implemented a strict anti-whale attack mechanism in the final allocation, mainly based on referral quality. Yu Hu stated that Kaito suggests that in the future, it will directly handle the final allocation of active users and the Kaito ecosystem to simplify the community claiming process. Crypto KOL AB Kuai.Dong (@_FORAB) disclosed relevant information indicating that Eclipse officials issued a list filte

On July 8th, the stablecoin USDF backed by Falcon Finance briefly deviated from its peg and was trading at $0.9432. Currently, it is trading at $0.9932. USDF is the stablecoin launched by Falcon Finance, and Falcon Finance is supported by DWF Labs.

On July 8th, the U.S.-listed company BioSig (BSGM) announced that it has obtained an additional funding of up to $1.1 billion after its merger with Streamex. This includes $100 million in convertible bonds and a $1 billion equity financing facility. The purpose of this funding is to drive the tokenization of commodities and a gold-backed treasury management strategy. The initial $75 million is scheduled to be delivered on October 7, 2025. BioSig intends to bring the commodities market onto the blockchain in order to unlock liquidity and transparency in the $142 trillion market. Its CEO, Henry McPhie, stated that as institutions accelerate the adoption of real-world assets (RWA), BioSig aims to bring the commodities market on-chain.