Lookonchain APP

App Store

BlackRock CEO: Tokenization Will Forever Change the Financial Industry, Enabling Greater Investment Fluidity

2 hours ago

March 6: BlackRock CEO Larry Fink noted the financial services sector faces excessive intermediaries, lengthy settlement cycles, and cumbersome processes. He emphasized that digitizing all assets—allowing seamless transitions from digital wallets holding cash or stablecoins to stocks or bonds—would drastically cut friction and transaction costs. Currently, global digital wallets hold $4.1 trillion in funds. But when individuals invest in bonds, stocks, or real estate, they must transfer funds from digital wallets to traditional ones, racking up various commissions and fees. Tokenizing all assets (including real estate) aims to slash these friction costs, simplifying and streamlining the investment process.
Relevant content

11 new addresses have collectively withdrawn a total of 7.21 billion PUMP tokens from CEX in the past 10 days, equivalent to approximately $14.56 million.

On March 6, per LookOnChain data, 11 newly created crypto wallet addresses withdrew a total of 7.21 billion PUMP tokens from exchanges OKX, Bybit, and Kraken over the past 10 days—valued at roughly $14.56 million.

5 minutes ago

Yesterday the US Bitcoin Spot ETF saw a net outflow of $2.279 billion

March 6: U.S. Bitcoin spot ETF recorded a net outflow of $227.9 million yesterday, per Farside monitoring data.

5 minutes ago

OKEx Launches Trader Social Network OKEx Orbit, Focusing on Transparent Trading and Reputation System Building

March 6th — OKX founder Star took to social media to say: “If traders want to build a reputation, OKX Orbit can turn what were once private trading activities into a transparent network.” Previously, OKX announced the launch of Orbit, a new trader social network centered on transparency. Designed for traders with verified trading records, the platform lets users: - Establish their own trading reputations - Discuss trading ideas - Execute trades directly - Earn rewards without leaving the chat interface

5 minutes ago

Solana-based Chinese Meme Coin "My Sword and Shield" Surges to $6 Million Market Cap, Up 240% in 24 Hours

On March 6th, GMGN monitoring data (via [https://gmgn.ai/sol/token/i_m4TE56o8_6iA73gWCKkLWKbVr8rgibV57MMRxzsaqS9cWpgKBpump]) shows Solana-based meme coin **My Sword and Shield** saw its market cap surge from $1.8 million earlier in the day to a peak of $6.6 million, currently trading at $5.6 million—up 240% over the past 24 hours with a 24-hour trading volume of roughly $4.9 million. The token, launched 6 days ago, is the first recent Chinese narrative meme coin on Solana to hit a seven-figure market cap. On-chain trader Cowboy purchased $740 worth of the coin when its market cap was ~$290,000; their current unrealized gain stands at 1900%, and after selling a portion, total realized profit is ~$7,930. The BSC-based *My Sword and Shield* meme coin, by contrast, has a market cap of just $500,000. It’s up ~57% over the past 24 hours with a 24-hour trading volume of ~$360,000, and has been live for roughly 28 days. BlockBeats reminds users: Meme coin trading is highly volatile, d

5 minutes ago

A multi-signature address withdrew 577.5 XAUT from a CEX, worth approximately $2.95 million

**March 6 Update**: A Gnosis Safe wallet withdrew 577.5 Tether Gold (XAUT) from OKX and Bybit on Wednesday, per Onchain Lens monitoring—valued at roughly $2.95 million.

5 minutes ago

SoftBank Group Seeks $40 Billion Record Loan for OpenAI Stake Acquisition

On March 6, SoftBank Group is reportedly seeking a record-breaking loan of up to $40 billion to acquire a stake in OpenAI. (Golden Finance)

5 minutes ago