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After Samsung Electronics achieved this feat in the past weeks, SK Hynix has also recently crossed this milestone, jointly driving a 2.3% surge in the MSCI Emerging Markets Index. In addition, TSMC's share price also rose. The index is dominated by Asian chip manufacturers, which are reaping comprehensive benefits from massive infrastructure investments supporting the artificial intelligence (AI) boom. Meanwhile, oil prices lingering around $100 per barrel continue to exert negative effects; exchange rates of Asian currencies, triggered by the oil crisis, have fallen to historic lows, seriously threatening the stability of relevant economies.

Odaily reports that the total value locked (TVL) in tokenized stocks has risen to approximately 1.17 billion USD, reaching an all-time high. The TVL has grown about 42.3% over the past month and approximately 11% over the past week, indicating a sustained surge in the tokenized stock market recently. Analysts believe that as the on-chain narrative for traditional financial assets (RWA) continues to expand, on-chain stocks, bonds, and fund products are attracting increasing attention from institutions and crypto capital. The rapid growth of tokenized stocks reflects the market's rising demand for "24/7 trading," "on-chain settlement," as well as global asset accessibility. This sector may become one of the core areas of competition in the next phase of RWA development.

This change reflects Uber's further strengthening of its equity position in Delivery Hero.