reality

Bitget, in collaboration with Reality and Keyring, has released a research report exploring the synergy mechanisms of tokenized stocks, perpetual contracts, and decentralized lending, and evaluating the potential returns and risks of related strategies through simulation calculations. The report points out that the application of tokenized stocks is extending from traditional stock trading to more scenarios such as collateralized lending, asset management, and systematic investment strategies.The research is based on Reality's rToken, combined with stock perpetual contract hedging and on-chain lending mechanisms, to explore stock basis yield strategies. Historical simulation data shows that from December 15, 2025, to October 19, 2026, the annualized net return of the strategy index is approximately 7% and 4% for in-sample and out-of-sample, respectively, with a gross funding cost rate premium of about 11% to 14%. The report also notes that financing costs, transaction execution fees, market liquidity, and risk management are key factors affecting the actual returns of the strategy.It is reported that Bitget and Keyring plan to jointly develop a stock basis index and build an on-chain lending market based on Reality's rToken. Among them, Reality provides exposure to tokenized stock assets, while Keyring is responsible for developing the index methodology and constructing the related lending market. The index aims to capture funding rate and basis yield opportunities by combining rToken holdings with corresponding stock perpetual contract hedging positions, providing new strategic pathways for the application of tokenized stocks in on-chain financial scenarios.

According to a report by Reuters, the American AI hardware startup Unconventional AI announced the acquisition of the Israeli AI chip company NeuReality through a combination of cash and stock, with the transaction amount not yet disclosed.Unconventional AI completed a $475 million financing round last December, at which time the company's valuation reached $4.5 billion. The company is dedicated to developing energy-efficient AI chips inspired by biological systems and is using AI tools to accelerate the research and development process. It has completed its first test chip, and the second one is also nearing completion.

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared the product philosophy and future plans of Gate Money. He stated that Gate is extending years of accumulated experience into the fields of asset management and daily payments, reaching a broader user base, with the goal of doubling the user scale of Gate Money in the next one to two years.Leveraging the technical systems, institutional clients, and market-making liquidity accumulated from years of trading operations, Gate supports the exchange between various types of assets; relying on a global licensing layout and partnerships with banks and payment networks, Gate Money creates conditions for users' fund collection, payment, and consumption applications. These capabilities collectively form the operational foundation of Gate Money, enabling the platform to reduce exchange and fund circulation costs in different usage scenarios.Through various capabilities such as holding, exchanging, appreciating, and paying, Gate Money connects multiple types of assets with life needs. Dr. Han illustrated the consumption use of assets beyond investment by using the example of "buying coffee with stocks." In eligible regions, users can open bank accounts in their own names, using familiar payment methods, with transfers processed by underlying blockchain technology; idle funds can also participate in appreciation through yield products.Looking ahead, Dr. Han also shared the application prospects of AI Agent providing round-the-clock assistance in asset allocation and fund management. With the integration of investment, wealth management, and daily payments, Gate Money will continue to expand the application boundaries of various assets, promoting Gate's services deeper into more everyday life scenarios.

Meta Platforms expects its Reality Labs division's losses to narrow to about 15 billion dollars next year.

According to CoinDesk, French Hill, the chairman of the U.S. House Financial Services Committee, stated that tokenization has shifted from being viewed as a "futuristic" concept during the discussions of FIT21 and the CLARITY Act to a reality that is happening in real-time.He said, "We may really be tokenizing an asset like a real security— in fact, we are doing that right now."

According to Fortune, the venture capital firm Solari Capital has officially announced its emergence from stealth mode. Founder AJ Scaramucci (son of Anthony Scaramucci) has deployed approximately $350 million since the company's inception, covering early-stage investments, late-stage growth rounds, and internal incubation businesses.Solari is focused on four major tracks centered around the core argument of "programmable reality": programmable intelligence (AI/large models, including xAI, Suno), programmable biology (gene therapy, longevity technology, including Tessera Therapeutics, Cambrian Bio), programmable materials (aerospace, energy, robotics, including Varda Space, Northwood Space), and programmable finance (blockchain infrastructure, DeFi, including Genius Terminal, Architect Financial). In addition, Scaramucci has included collectibles (comics, trading cards, dinosaur fossils) in the investment landscape, viewing them as "cultural value storage" assets alongside gold and Bitcoin, and claims that this market has a scale of $25 trillion, which has not yet been fully tapped by institutional capital.The investor lineup behind the company includes well-known Silicon Valley figures such as Ron Conway, Jim Breyer, and Eric Schmidt.

According to data from RWA.xyz, the current tokenized stock protocols exhibit diverse characteristics in terms of asset management scale and the richness of underlying assets.In terms of asset management scale, the top five platforms are Ondo (approximately $882 million), bStocks (approximately $754 million), xStocks (approximately $576 million), Securitize (approximately $424 million), and Bitget's RWA protocol Reality (approximately $162 million).Additionally, in terms of the breadth of underlying assets covered, Reality currently supports 2,160 stocks and ETFs, making it the protocol with the most underlying assets in this sector. xStocks and Dinari follow with 1,028 and 692 underlying assets, respectively.

According to the official announcement, Bitget has launched 462 stock spot rTokens including rGPRO (GoPro), rHSAI (Hesai), rBRZE (Braze), rALRM (Alarm.com), and rZLAB (Zai Ding Pharmaceutical), covering multiple fields such as information technology, healthcare, and utilities. As of now, the Bitget platform supports a total of 2,601 rTokens.It is reported that rTokens, identified by the letter r + stock code (for example, rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget, and are directly connected to global liquidity pools such as Nasdaq and the New York Stock Exchange through cooperation with the compliant brokerage Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Meta Platforms has released the Meta VR Glasses virtual reality headset priced at $1,299, featuring an external computing module design that significantly reduces the weight of the headset to about 100 grams. Meta stated that the new VR glasses are expected to drive the Reality Labs business towards profitability, with pricing aimed at ensuring that each device is not sold at a loss.

According to the latest data from Reality, the trading activity of its NVIDIA stock token (rNVDA) has surged, with a single-day trading volume reaching 38.86 million USD, setting a new high since its launch.It is reported that the rToken, identified by the letter r + stock code (for example, NVIDIA is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and connects directly to global liquidity pools such as NASDAQ and NYSE through collaboration with the compliant brokerage Alpaca.Its features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for Bitget's unified account and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Bitget has added two stock spot rTokens: rDJT (Trump Media & Technology Group) and rPURR (Hyperliquid Strategies). As of now, the Bitget platform supports a total of 695 rTokens.The rTokens, identified by the letter r + stock ticker (for example, rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget, and are directly connected to global liquidity pools such as NASDAQ and NYSE through collaboration with the compliant broker Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions that can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Former NVIDIA research scientist Sanja Fidler announced the co-founding of VeedaAI with long-time collaborators ZGojcic and HuanLing6. The company is dedicated to building simulated realities for Physical AI, serving as a key infrastructure layer for robotic interactive learning and evaluation, allowing robotic intelligence to learn at scale through trial and error in virtual worlds.Fidler stated that real-world trial and error training for robots is unsafe, costly, and time-consuming, necessitating the use of simulated realities to achieve scalable interactive learning. The team believes that world models are the core technology, capable of learning from vast amounts of sensor and physical world data to generate simulated environments with quality, diversity, and physical realism. VeedaAI has received support from Khosla Ventures and Radical Ventures, and team members have years of experience in simulation, generative AI, 3D, robotics, and embodied intelligence.

According to the official announcement, Bitget has launched 23 stock spot rTokens including rHDV (iShares Core High Dividend ETF), rJEPI (JPMorgan Equity Premium Income ETF), rLUV (Southwest Airlines), and rOMC (Omnicom Group), covering multiple sectors such as finance, healthcare, and consumer goods. As of now, the Bitget platform supports a total of 682 rTokens.It is reported that rTokens identified by the letter r + stock code (for example, Nvidia is rNVDA) are issued by Reality, a licensed RWA protocol under Bitget, which connects directly to global liquidity pools such as NASDAQ and NYSE through collaboration with compliant broker Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Bitget's licensed RWA issuance platform Reality announced a deepened cooperation with the American auditing firm The Network Firm. After the upgrade, The Network Firm will provide daily Proof of Reserve (PoR) audit reports for the rToken, a U.S. stock token issued by Reality, based on the attestation standards set by the American Institute of Certified Public Accountants (AICPA). The aim is to verify that each issued rToken corresponds to the stocks or ETF assets held in the custody account. The underlying stocks and ETFs continue to be held by the FINRA-registered and SIPC-protected U.S. brokerage firm Alpaca Securities LLC, forming an independent and transparent structure for issuance, verification, and custody.The rToken issued by Reality currently supports 634 tokenized stocks and ETFs and is deeply integrated with the Bitget ecosystem, allowing for core scenarios such as unified account margin and collateralized lending. Previous data showed that the assets under management (AUM) of Bitget's stock token rToken exceeded $100 million one month after its launch.

According to Jinshi reports, Meta Platforms' Reality Labs revenue for the second quarter was $431 million, exceeding market expectations of $428.7 million; the operating loss was $4.62 billion, also higher than the market expectation of $4.45 billion.

Bitget's licensed RWA protocol Reality has released its latest Proof of Reserves (PoR) report. The report shows that Reality's reserve ratio has reached 100%, and its issued tokenized stocks, rToken, are all pegged 1:1 to the underlying US stock assets.The reserve data is updated daily and independently audited by the American auditing firm The Network Firm. The assets are custodied with the FINRA-registered and SIPC-protected US brokerage Alpaca Securities LLC, regulated under New York state law, forming a transparent structure with independent parties for issuance, auditing, and custody.The US stock token rToken issued by Reality has been deeply integrated into the Bitget ecosystem and can be used for core scenarios such as unified account margin and collateral lending. Previous data showed that the assets under management (AUM) of Bitget's stock token rToken surpassed $100 million one month after its launch.

According to Coindesk, former 21Shares co-founder Ophelia Snyder stated that there is a significant communication misalignment between the crypto industry and traditional finance regarding the issue of tokenization.Snyder pointed out that current discussions mostly focus on the settlement speed of blockchain and the ability to transfer assets, but overlook the operational processes from trade execution to final settlement. She believes that tokenization projects are feasible in small-scale tests, but face enormous challenges in supporting the massive flow of funds in the U.S. capital markets.The main difficulties include: how to integrate tokenized assets into existing ledger systems, compliance processes, and regulatory reporting frameworks, as well as how to adjust the risk management framework to accommodate round-the-clock trading. Additionally, many third-party software solutions relied upon by financial institutions have yet to support blockchain-native transactions.She stated that the real challenges will become apparent when institutions incorporate tokenized infrastructure into their core business pathways. The industry is still in the pilot phase, and there is still a long way to go before large-scale implementation.

Bitget's compliant RWA issuance platform Reality announced today that the assets under management (AUM) of its stock token rToken series have surpassed 50 million USD.Reality officially launched in May this year. The rToken, identified by the letter r + stock code (for example, rNVDA for Nvidia), connects directly to global liquidity pools such as Nasdaq and NYSE through collaboration with the compliant brokerage Alpaca. Key features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, and corporate actions such as stock splits mirrored in real-time. Additionally, rToken holdings can now be used as joint collateral for Bitget's unified account and U-based contracts, significantly enhancing capital utilization across assets. As of now, Bitget has launched over 500 stock tokens issued by Reality, and some core assets like SpaceX and Nvidia have supported weekend trading, achieving 24/7 spot liquidity.