unifi

According to "Du Jia," Tencent has launched the internal testing of "Tencent Cloud Drive," with some features still being iterated, and plans to release an App version. This product focuses on file storage, data management, and AI applications, with a core positioning as a unified memory base for multiple Agents, aiming to connect various AI applications and office tools, unify and carry context, allowing multiple Agents to collaborate based on the same information.Practical tests show that the internal test version retains basic entry points such as the homepage, files, recycle bin, and storage space, with a floating AI assistant panel on the right side. The core highlight of the product is its "connection" capability, supporting binding with Tencent Docs, WorkBuddy, and integrating third-party Agents like DeepSeek Harness and OpenClaw. After authorization, the Cloud Drive AI assistant can read application files, automatically sync updates, and directly call information as a knowledge base for retrieval, summarization, and content generation. The binding page will clearly inform users of the scope of permissions and the rules for AI credit consumption.The report points out that, unlike traditional Cloud Drive AI's document summarization, this system fully connects documents, Cloud Drive files, and Agent workspaces, shifting the Cloud Drive from a file repository to a data memory platform in the AI era.

JUST announced an upgrade to the buyback and destruction mechanism for JST. After completing the fifth round of buyback and destruction, the mechanism officially enters a new phase: governance will be unified by the JUST DAO, and a reserve fund of no less than 50 million USD will be established for risk mitigation, emergency redemptions, and liquidity support, to enhance the mechanism's risk resistance and execution stability.On the buyback side, it will shift to being executed based on the quarterly sustainable income of the JUST ecosystem, forming a normalized arrangement of long-term buybacks and regular destructions, making the scale of buybacks more closely tied to the actual income of the ecosystem.In addition, the remaining surplus funds above the reserve threshold, approximately 20.34 million USD, will be released in four phases starting from Q4 2026 to supplement the buyback, ensuring long-term deflation and stability of the mechanism. The complete announcement and implementation details can be found through official channels.

According to the official announcement from JPYC, the yen stablecoin issuer JPYC has signed a memorandum of cooperation with South Korea's Shinhan Bank's Japan SBJ Bank and LINE NEXT, planning to conduct a proof of concept for direct top-ups of yen stablecoins to bank accounts and digital wallets.According to the division of labor, SBJ Bank provides bank accounts and payment infrastructure, LINE NEXT provides technology such as its Unifi wallet and Unifi Pay, and JPYC provides support for the issuance and redemption of yen stablecoins. JPYC is a regulated yen stablecoin issuer in Japan, with its tokens pegged 1:1 to the yen, supported by bank deposits and Japanese government bonds.

This integration allows traders to choose Euros or EURC for settlement in a shared liquidity pool, avoiding routing Euro-denominated trades to the USD pair, aiming to tighten the bid-ask spread and reduce slippage. Users can exchange Euros for EURC at a 1:1 ratio, thus accessing shared liquidity in a unified trading environment.The EURC stablecoin is MiCA compliant and fully backed by Euro reserves. OKX Europe operates under the license of the Malta Financial Services Authority, adhering to the MiCA framework. However, trading fees still depend on the user's tier and type of trade, and services are limited to eligible EEA jurisdictions.

Michael Passalacqua, Senior Advisor to the Chairman of the U.S. Commodity Futures Trading Commission and Head of the Innovation Working Group, introduced that after the Clarity Act was stalled, the CFTC is advancing Reg CAM, the "Crypto Asset Market" framework, which aims to provide a voluntary path for cryptocurrency trading platforms to come under the CFTC's nationwide unified regulation.This arrangement is primarily aimed at platforms that offer leveraged, margin, or financing trading to retail customers, allowing them to escape the patchwork of state money transmission licensing regulations; pure spot trading without leverage generally remains outside this mandatory framework. Passalacqua stated that the relevant rulemaking is currently in the public comment phase, and there is still no conclusion on whether the industry finds this proposal attractive.

Unified Account Protocol Clovis announced that the private mainnet is now live. Clovis integrates revenue, cross-chain assets, and collateralized lending into a single unified account, allowing users to deposit assets on supported chains and transfer assets between chains.According to the official statement, users can use eligible positions to natively borrow assets in the market built on Morpho on Base.

Bitget, in collaboration with the digital asset research institution Block Scholes, has released the latest research report analyzing the synergistic effects of tokenized stocks and crypto assets within a unified trading account. In the report, Block Scholes simulated an investment portfolio with a total size of $1 million, covering AI and semiconductor tokenized stocks, BTC and ETH perpetual contracts, as well as Nasdaq 100 ETF perpetual contracts. Under a structure where accounts are mutually independent, the total margin required occupies about $340,000 in capital; however, in Bitget's cross-asset unified account, tokenized stocks can simultaneously be counted as collateral, reducing the required capital to about $175,000, a decrease of approximately 48.5%.The research report also analyzes the risk characteristics associated with higher capital efficiency. Stress tests show that when collateral and positions are driven by the same macro factors, the simulated portfolio using tokenized stocks as collateral reaches the estimated liquidation point after a market decline of about 21% in correlation; when using equivalent USDT as collateral, it withstands a decline of about 27% in correlation. The study indicates that while improving capital efficiency, it is also necessary to comprehensively assess the correlation between collateral and positions as well as their own volatility.Bitget CEO Gracy Chen stated that putting assets on-chain is just the first step; more importantly, it is to enhance the efficiency of capital usage across different markets. Bitget is promoting the collaborative operation of crypto assets, tokenized stocks, and other global assets under a unified capital framework through the UEX model. Currently, Bitget's cross-asset unified account (UTA) supports over 370 types of collateralizable assets, including 125 types of tokenized U.S. stocks. Eligible crypto assets and tokenized stocks can enter the same margin system, sharing collateral value and meeting margin requirements for different positions.

The DeFi lending protocol Venus Protocol has launched the Liquidity Hub, aimed at establishing a unified capital allocation layer for the Venus ecosystem. Users only need to deposit one type of asset to receive the corresponding Hub Token. The Liquidity Hub will automatically seek better APY combinations based on different market yield opportunities and allocate funds to products such as Core, Flux, and Fixed-Rate Vaults, without requiring users to manually manage positions across multiple products.The Liquidity Hub is not a new lending market but a unified liquidity entry built on top of Venus's existing products. Capital allocation, rebalancing, and the flow of underlying assets are all recorded on-chain, maintaining openness, transparency, and verifiability. Currently, Liquidity Hub v1 has been deployed on the BNB Chain, and in the future, it will connect to more lending markets, institutional yield products, and new sources of yield.

AI market prediction project Fortune Protocol officially announces the integration of liquidity from Polymarket and, together with the previously integrated Predict.fun, provides more prediction markets and liquidity for Fortune Markets.After this update, users can directly explore markets from different liquidity sources within Fortune Markets and discover and compare the liquidity, trading volume, and probabilities of different markets more quickly through a brand new market interface. Fortune Protocol has optimized the trading and asset management experience, adding a streamlined trading process that supports result selection and position browsing; the Portfolio feature is unified, allowing users to view their current positions, settled markets, and complete trading history in one place.Fortune Protocol states that by continuously integrating liquidity from various mainstream prediction markets, Fortune Markets will further build a unified market layer, providing users with a more open, efficient, and integrated prediction market trading experience.

According to the official announcement, all spot trading pairs of Bitget's unified account now support leveraged trading, including stock spot rToken. Users can directly enable leverage and borrow funds to place orders on the spot trading page without the need for additional fund transfers.This feature is applicable to the advanced mode of the unified account and the Delta neutral mode. The specific availability of leveraged trading depends on whether the required currency for the trading direction supports lending. App users can upgrade to version 2.91.1 to experience the related features. For more details, please refer to the Bitget official platform.

According to a Coinbase announcement, the Coinbase International Exchange will be integrated into Deribit as part of an infrastructure upgrade. The accounts, positions, and balances of institutional clients will be migrated by September 9, 2026, after which Deribit will serve as the unified trading venue for Coinbase's global derivatives business.The announcement states that August 28 will be the last day to exit the migration through closing positions. Clients who do not close their accounts by this date will be considered to have accepted the migration. The migration day is expected to have a downtime of about 30 minutes, and positions will be settled at the marked price before being transferred to new Deribit sub-accounts. After the migration, institutional clients will gain access to the complete options suite on Deribit, and mechanisms such as perpetual contract settlement, funding rates, and APIs will also change accordingly.

Bitget Unified Account (UTA) launches a zero-interest lending program for USDGO holdings, with the event running from July 29 at 15:00 to August 29 at 15:00 (UTC+8). During the event, users holding USDGO can borrow USDT under the unified account and receive a zero-interest borrowing limit equivalent to 30% of the value of their USDGO holdings, with a maximum zero-interest limit of 10 million USDT per user. Related rights will automatically take effect during the event, and users do not need to manually claim or register. For more details, please refer to the official Bitget platform.

According to Edaily, the Financial Services Commission (FSC) of South Korea plans to jointly draft a unified government bill for the "Basic Law on Digital Assets" with the ruling Democratic Party, covering the issuance and circulation of stablecoins, business rules for digital assets, exchange admission requirements, information disclosure, internal control, and system resilience standards. Currently, there are 10 related bills pending review in the National Assembly, but there has not yet been consensus on core disputes such as whether the issuers of won-pegged stablecoins must be bank holding companies and whether to impose shareholding restrictions on major exchanges. The FSC has not yet determined the submission date for the bill.Meanwhile, the opposition party's People Power Party lawmaker Song Yeon-sik submitted a proposal to abolish the cryptocurrency income tax amendment to the National Assembly's Finance and Economy Planning Committee for review on Wednesday. Additionally, a tax abolition petition supported by over 50,000 people is also expected to be submitted to the petition subcommittee. According to the current plan, starting from January 1, 2027, cryptocurrency transfers or lending income exceeding 2.5 million won per year will face a 20% income tax plus a 2% local tax. The government and the ruling party support the timely implementation, while the opposition party believes it is unfair to tax cryptocurrencies when most ordinary stock investors remain tax-exempt.

Bitget released the rToken Institutional Cross-Asset Capital Management Guide, which details how market makers, hedge funds, quantitative trading firms, prime brokers, and asset management companies can utilize its Unified Trading Account (UTA) to enhance capital efficiency between cryptocurrencies and tokenized U.S. stocks. The guide focuses on portfolio construction and financing strategies, covering core trading scenarios such as cross-asset collateral, dividend arbitrage, and lending structures that balance capital efficiency with risk isolation, providing a practical framework for institutions to optimize multi-asset allocation.Currently, Bitget's Unified Trading Account (UTA) supports over 370 types of collateralizable assets, including 105 types of tokenized U.S. stocks. Eligible crypto assets and tokenized stocks can enter the same margin system, share collateral, and offset margin requirements, helping institutions reduce idle funds scattered across exchanges and brokerage accounts.Bitget CEO Gracy Chen stated that institutions do not lack access to the stock market; the real challenge lies in how to efficiently move funds between different markets. As tokenized assets gradually enter institutional portfolios, managing crypto assets and tokenized stocks under a unified framework will provide more possibilities for risk management and asset allocation.

The Korean stock market's semiconductor concept stocks are actively traded, and the market's attention to related assets continues to rise. According to data from the Gate platform, Samsung Electronics (005930) is currently priced at $175.14, with a 24-hour increase of 6.14%; SK Hynix (000660) is currently priced at $1241.59, with a 24-hour increase of 4.08%.CoinGlass data shows that trading in Gate-related stock derivatives is active, with the Gate SKHX contract's open interest reaching $37.73 million and a 24-hour trading volume of $88.09 million; the Gate SAMSUNG contract's open interest is $2.63 million, with a 24-hour trading volume of $7.75 million, both ranking among the industry's top.Gate stocks have established a 7×24 hour trading service system covering the three core markets of US stocks, Hong Kong stocks, and Korean stocks, supporting over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, and over 1,000 Korean stocks, totaling coverage of more than 12,500 stocks and ETF assets globally.Users can participate in global stock investments through Gate's unified account using USDT, supporting fractional share trading starting from a minimum of 0.01 shares, and enjoying stock dividend rights. The platform also supports cross-brokerage transfer of US and Hong Kong stocks and company actions such as stock splits and consolidations, further optimizing the stock investment service experience.

Bitget has launched the industry's first Unified Trading Account (UTA) across assets, currently incorporating over 370 assets including 100 U.S. stock tokens (rToken) into a unified margin pool. Under this mechanism, the U.S. stock tokens (rToken) held by users not only allow for dividend distribution but can also serve as margin and collateral for lending, further enhancing capital efficiency.The first batch of U.S. stock tokens included in the margin system covers 100 mainstream assets such as Apple (rAAPL), Nvidia (rNVDA), and Tesla (rTSLA), with discount rates set by asset tiers, reaching up to 95%. With product iterations, Bitget will continue to expand the list of assets that can be used as margin and support leveraged trading, further bridging the liquidity gap between traditional financial assets and cryptocurrency trading scenarios.

According to the official announcement, BitRing has announced a gradual brand upgrade starting today, and its fitness, AI, and Web3 ecosystem will uniformly adopt a new global brand "BRT.Fit".The announcement pointed out that after this brand adjustment, the name "BitRing" will be retained, continuing to focus on wearable hardware and health technology innovation as a dedicated smart ring brand. The official statement indicated that this brand upgrade marks a new stage in the project's global expansion.

Bitget's head of Greater China, Xie Jiayin, posted on the X platform stating that the AUM of rToken has reached 115 million USD in 5 weeks since its launch, and pointed out that "many teams overlook the core demands of Wall Street institutions when dealing with RWA: risk control convenience and capital utilization."Xie Jiayin emphasized that the biggest underlying driving force of rToken is the unified account mechanism, which truly realizes "simultaneous operation and unified risk control" of crypto assets and US stock assets. In extreme market conditions, users can use unrealized gains from US stocks to supplement their crypto positions, or use long-term holdings in the crypto space as leverage to unlock more trading opportunities, breaking the asset isolation between traditional crypto exchanges and US stock brokers.