XDC HOLDERS! THINGS ARE NOT WHAT THEY SEEM - WHAT'S CAUSING THIS?

Decentralized Finance
13 Apr 202418:31

TLDRThe video discusses the recent developments in the XDC network, highlighting the all-time high total value locked and the focus on real-world assets. It explores the growth of the Fathom protocol and the significant funding received by Z.io, aiming to provide sustainable real-world asset-backed yields. The connection between the XDC network, Black Rock, and the tokenized platform is emphasized, suggesting a strategic alignment to enhance blockchain efficiency in handling real-world assets.

Takeaways

  • 📈 The total value locked in the XTC Network reached an all-time high of 9.32 million as of April 10th, 2024.
  • 💹 Real-world assets have been a significant topic recently, with the XDC Network leading the pack in this sector.
  • 📊 The price of XTC was around 7 cents the last time the total value locked was near the current level, during August of the previous year.
  • 🔄 There has been a surge in volume on the X swaps protocol, with 24-hour volume reaching 724 thousand and representing 71% of the total value locked.
  • 🌐 Fathom Protocol, which joined the XDC Network in February of the previous year, focuses on bringing real-world asset technology to the network.
  • 💰 Ziio Z has raised $2.5 million in funding to provide sustainable real-world asset-backed yields, aiming to build a multi-chain stable coin powered real-world asset ecosystem.
  • 🔗 Ziio Z's strategic partnership with the XDC Network is designed to enhance the blockchain's efficiency and transparency in handling real-world assets.
  • 🌐 The tokenized US Treasuries on the XDC Network were provided by Securitized, and the platform for these was Trade Tech.
  • 💼 Black Rock's involvement with the XDC Network is suggested through their management of the underlying ETF attached to the US tokens and their collaboration with various partners and service providers.
  • 🚀 The launch of Black Rock's tokenized platform on Ethereum and their announcement of the USDC smart contract for transfers by their Build Fund investors indicates a growing interest and integration of traditional finance with DeFi.
  • 🔮 The speaker predicts a significant future for tokenization of securities and a transformative impact on the investment landscape, similar to the revolution brought by ETFs.

Q & A

  • What is the significance of the all-time high total value locked in the XTC Network as of April 10th, 2024?

    -The all-time high total value locked in the XTC Network signifies increased interest and trust in the network. It suggests that more funds are being committed to the platform, indicating a growing adoption of the XTC Network and its associated services.

  • What happened in August of the previous year that might have contributed to the price hype around the XTC Network?

    -null

  • What is the role of the Fathom protocol in the XDC Network?

    -The Fathom protocol focuses on bringing real-world asset technology to the XDC Network. It aims to integrate tangible assets into the blockchain ecosystem, thereby expanding the range of services and investment opportunities available within the network.

  • What does the recent surge in 24-hour volume on the X Swaps protocol indicate?

    -The surge in 24-hour volume on the X Swaps protocol, capturing 71% of the total value locked, suggests a significant increase in trading activity and user engagement with the protocol. This could be a sign of growing popularity and utility of the platform.

  • What is the significance of Z.io's funding round and its impact on the XDC Network?

    -Z.io's funding round, which raised $2 and A5 million, is aimed at providing sustainable real-world asset-backed yields. This development is significant as it brings yield-bearing real-world assets into the market, making the XDC Network an attractive platform for institutional investors looking for such opportunities.

  • What is the strategic partnership between Z.io and the XDC Network?

    -The strategic partnership between Z.io and the XDC Network is designed to boost the blockchain's efficiency and transparency in handling real-world assets. This collaboration makes the XDC Network an ideal platform for enterprises looking to tokenize real-world assets, thus fostering growth and innovation within the ecosystem.

  • How does the tokenized platform launched by Black Rock on Ethereum relate to the XDC Network?

    -The tokenized platform launched by Black Rock on Ethereum represents a connection between traditional finance and the blockchain ecosystem. While not explicitly tied to the XDC Network, the platform's focus on digital asset strategies and the tokenization of funds suggests a broader trend of financial institutions exploring and adopting blockchain technology, which could indirectly benefit the XDC Network and similar platforms.

  • What is the role of USDC in the XDC Network and its real-world asset initiatives?

    -USDC plays a crucial role in the XDC Network as it serves as a bridge between traditional finance and the blockchain ecosystem. The network's ability to support USDC, alongside other digital assets, facilitates the tokenization and trading of real-world assets, thereby enhancing liquidity and accessibility for a wider range of investors.

  • How does the tokenization of securities, as mentioned in the script, impact the future of investing?

    -The tokenization of securities is set to revolutionize the investing landscape by enabling the issuance, trading, and transfer of asset ownership on a blockchain. This provides instantaneous and transparent settlement,扩大了投资者对链上产品的访问权限，并允许跨平台转账，从而提高了整个金融市场的效率和包容性。

  • What is the significance of the partnership between BNY Mellon and the XDC Network?

    -The partnership between BNY Mellon and the XDC Network is significant as it represents a collaboration between traditional financial institutions and blockchain technology. BNY Mellon's involvement in facilitating transfers within the network indicates a growing acceptance and integration of blockchain solutions in the financial industry, potentially leading to increased adoption and innovation within the space.

  • How do the developments around the XDC Network and real-world asset tokenization reflect the broader trends in the blockchain and finance sectors?

    -The developments around the XDC Network and real-world asset tokenization reflect a broader trend of convergence between blockchain technology and traditional finance. As more financial institutions and platforms explore and adopt blockchain solutions, we can expect to see increased innovation, new investment opportunities, and a more interconnected global financial system.

Outlines

00:00

🚀 XTC Network and Real World Assets

This paragraph discusses the XTC Network and its significance in the realm of real world assets. It highlights the network's all-time high value locked and the attention it has garnered, particularly with the involvement of SBI VC. The speaker also delves into the Fathom Protocol and its focus on bringing real world asset technology to the XTC Network, emphasizing the importance of real world assets in the future of finance.

05:01

💼 ZIOZ Funding and Strategic Partnerships

The speaker talks about ZIOZ's recent funding round, where they raised $2.5 million to provide sustainable real world asset backed yields. The funding aims to build a multi-chain stable coin powered ecosystem, bridging native sustainable yield to DeFi. The paragraph also covers the strategic partnership with the XDC Network, designed to enhance the blockchain's efficiency and transparency in handling real world assets. Furthermore, it explores the offerings of ZIOZ on the XDC Network, particularly the invoice factoring pool, and the speaker's investigation into the token addresses and transactions related to the ZIOZ project.

10:03

🌐 Circle's Involvement and Black Rock's Tokenized Fund

This section focuses on Circle's announcement of a USDC smart contract for transfers by Black Rock's BUILD fund investors. It discusses the launch of Black Rock's tokenized platform on Ethereum and the connection between Black Rock and Securitize, a partner in the XDC Network. The speaker also talks about the tokenized US Treasuries on the XDC Network, provided by Securitize through Trade Tech, and the role of Circle in facilitating these transactions. The paragraph emphasizes the close relationship between these entities and Black Rock, suggesting a significant collaboration in the tokenized asset space.

15:04

💡 ETFs and the Future of Securities

The speaker concludes with a discussion on the importance of ETFs and their role in the future of securities. It references Black Rock's involvement with the ETF market and their launch of the iShares Bitcoin ETF. The paragraph suggests that Black Rock is likely working closely with the XDC Network and its partners, given their shared interest in tokenized assets and the potential for widespread adoption of blockchain technology in traditional finance. The speaker speculates on the potential impact of tokenization on financial instruments and the transformative effect it could have on the market.

Mindmap

Keywords

💡XDC Network

The XDC Network is a blockchain ecosystem focused on real-world asset technology. In the context of the video, it is highlighted as a significant player in the recent developments of real-world assets in the crypto space. The network has seen an all-time high in the total value locked, indicating growing interest and investment in projects within the XDC ecosystem. The video also mentions a strategic partnership with Z.io, a platform that aims to provide sustainable real-world asset-backed yields, further emphasizing the importance of the XDC Network in bridging traditional finance with decentralized finance (DeFi).

💡Real-World Assets

Real-world assets refer to tangible or intangible assets that have value in the traditional economy, such as real estate, commodities, or intellectual property. In the context of the video, these assets are being tokenized and integrated into the blockchain ecosystem, allowing for new investment opportunities and liquidity. The video emphasizes the growing trend of real-world asset tokenization and its significance in the evolution of both traditional and decentralized finance.

💡Z.io

Z.io is a platform that has raised significant funding to provide sustainable real-world asset-backed yields. It aims to build a multi-chain stable coin powered real-world asset ecosystem, bridging native sustainable yield to DeFi. In the video, Z.io's strategic partnership with the XDC Network is highlighted as a key development in making the platform an ideal choice for enterprises looking to tokenize real-world assets.

💡Tokenization

Tokenization is the process of representing a real-world asset or a right to access a service through digital tokens on a blockchain. This enables fractional ownership, enhanced liquidity, and global access to assets that were traditionally illiquid or hard to access. In the video, tokenization is central to the discussion of how real-world assets are being brought into the blockchain ecosystem, particularly through the XDC Network and its associated projects.

💡DeFi (Decentralized Finance)

DeFi, or decentralized finance, refers to financial systems and services built on blockchain technology that aim to remove the need for intermediaries like banks or financial institutions. DeFi allows for greater accessibility, transparency, and control for users over their financial assets. In the video, DeFi is discussed as a key beneficiary of the integration of real-world assets, as it enables these assets to be traded and interacted with in a decentralized manner.

💡Strategic Partnership

A strategic partnership is a business relationship where two or more entities collaborate to achieve specific goals that benefit all parties involved. In the context of the video, it refers to the collaboration between the XDC Network and Z.io, aimed at advancing the tokenization of real-world assets and the integration of these assets into the DeFi ecosystem.

💡Fathom Protocol

The Fathom Protocol is a platform that focuses on bringing real-world asset technology to the XDC Network. It aims to facilitate the tokenization of various assets and integrate them into the blockchain ecosystem, thereby bridging traditional finance with decentralized finance. In the video, the Fathom Protocol is mentioned as a significant player in the growth and development of the XDC Network's real-world asset offerings.

💡Stablecoin

A stablecoin is a type of cryptocurrency that is designed to minimize price fluctuations by being pegged to a reserve of assets, often a fiat currency like the US dollar, to maintain a stable value. In the context of the video, stablecoins like the Fathom FXD stable coin are used to facilitate transactions and investments within the XDC Network, particularly in relation to real-world asset tokenization.

💡Total Value Locked (TVL)

Total Value Locked (TVL) refers to the total amount of cryptocurrency assets that are locked in a smart contract or decentralized finance platform. It is an important metric used to gauge the size and popularity of a DeFi project. In the video, the all-time high TVL of the XDC Network is mentioned as a significant indicator of the growing interest and investment in the network and its projects.

💡Circle

Circle is a financial technology company that provides services for digital currency transactions and applications. In the context of the video, Circle is mentioned for its role in the announcement of USDC smart contracts for transfers by Black Rock's BUILD fund investors, indicating its involvement in bridging traditional finance with digital currency transactions.

💡Tokenized US Treasuries

Tokenized US Treasuries refer to digital tokens that represent ownership in US government bonds. These tokens are created through the process of tokenization, allowing for easier trading and investment in these traditionally illiquid assets. In the video, tokenized US Treasuries are mentioned as an example of real-world assets being integrated into the blockchain ecosystem through the XDC Network.

Highlights

Real world assets have been the talk of the town, with the XDC network leading the pack.

Total value locked in the XTC network reached an all-time high of 9.32 million as of April 10th, 2024.

The last time the total value locked was near this level, the price was about 7 cents, back in August of the previous year.

The XDC network has established a higher low, staying above 4 cents over the last 12 months.

X Swaps protocol saw a 24-hour volume surge, reaching 724 thousand with 71% of the total value locked.

Fathom protocol joined the XDC network in February of the previous year, focusing on real world asset technology.

Ziio Z raised 2.5 million in funding to provide sustainable real world asset backed yields.

The seed funding round for Ziio Z was led by Blockchain Founders Fund with participation from several prominent capital firms.

Ziio Z's strategic partnership with the XDC network aims to boost blockchain efficiency and transparency in handling real world assets.

Ziio Z offers a multi-chain solution, running on Ethereum, Polygon, and other chains, with invoice factoring pools being one of their offerings on the XDC network.

The first two contracts on Ziio Z's XDC network offerings were paid for in Fathom FXD stablecoin.

There is a connection between FXD and USDC, with Ziio Z providing the bridge between DeFi and traditional finance.

Circle announced USDC smart contract for transfers by Black Rock's BUILD fund investors.

Black Rock's tokenized platform on Ethereum is a significant development in the world of digital assets.

Securitize, a partner of the XDC network in the US, is involved in the tokenized US treasuries hitting the XDC network through Trade Tech.

The total supply of US Treasury tokens on the XDC network was established through two transfers, one for 160,000 and another for 45 million USY.

Yield Tech, the issuer of the US tokens, is connected to an underlying ETF managed by Black Rock.

BNY Mellon is facilitating transfers for the US tokens, indicating a close collaboration with Black Rock and the XDC network.

Black Rock's involvement with the XDC network suggests a significant shift towards tokenization of financial instruments.

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