Investors Take On Risk, Shed Steadier Tokens Amid U.S. Election Aftermath
Riskier asset-backed commodities tokens rise significantly while historically steadier commodities lose in the week since the U.S. election.
📡 Market Sonar
Commodities
In the week since the U.S. election investors poured into riskier gold-backed token DGX and energy’s EWT while shedding steadier gold assets PAXG, XAUT, and real estate token REG.
GOLD: +5%
ENERGY: +3.6%
REAL ESTATE: +2%
AGRICULTURE: -1%
FOOD: -1.8%
Treasuries & Bonds
Tokenized treasuries stand still as U.S. Federal Reserve chairman says he has no plans to step down and that the central bank has no plans to cut interest rates in December.
Trump’s reelection also saw bitcoin rise to ATHs before a market correction beginning Thursday. The U.S. election outcome saw the U.S. dollar surge on FOREX markets in anticipation of Trump’s promise to excise tariffs, holding or slightly boosting treasury-backed tokens.
The Dow Jones slipped 0.7%, S&P 500 down 1.3%, and the NASDAQ dropped 2.2% today, signaling a possible market correction is likely to return next week as the post-election fervor wears off.
Tokenized Bonds: sector loss
Sector down, -0.2%.
USFR.D: +0.2%
USTBL: 0.0%
USTB: -0.2%
USDY: -0.2%
Tokenized Treasuries:
Sector down, -0.3%.
TBILL: +0.1%
USTB: -0.1%
OUSD: -0.3%
Stablecoins
As investors cashed in on bitcoin’s ATHs stablecoins’ operational capacity and efficiency was tested. While no systems crashed this past week, the sector’s top coins remained essentially neutral in price fluctuation.
This makes for a good sign to investors of all risk appetites that stablecoins and their blockchain systems annd security infrastructure are able to handle large transactions from around the world, many simultaneously.
🌐 News Block
✅ Tether Unveils Hadron Platform to Simplify Asset Tokenization
BRITISH VIRGIN ISLANDS – Tether has launched Hadron by Tether, a groundbreaking platform designed to streamline the tokenization of diverse assets, including stocks, bonds, and stablecoins. Leveraging Tether’s deep expertise in blockchain technology, Hadron promises a secure, scalable, and compliant ecosystem tailored to the needs of institutions, fund managers, governments, and private companies.
The platform offers an intuitive interface for managing the full lifecycle of tokenized assets and emphasizes robust compliance measures, featuring advanced Know-Your-Customer (KYC), Anti-Money-Laundering (AML), and risk management tools.
Paolo Ardoino, CEO of Tether, hailed Hadron as a transformative step for asset tokenization.
“Hadron simplifies the tokenization process, making it more secure and scalable while opening new opportunities for businesses and governments.”
Its support extends to various asset classes, ranging from fiat-pegged stablecoins to complex collateralized digital tokens. Designed for flexibility, Hadron integrates with multiple blockchain systems, including Bitcoin Layer 2 protocols, ensuring high security through advanced cryptography and multi-signature wallets.
✅ MANTRA Token Surges to All-Time High Amid Unprecedented Growth in 2024
HONG KONG – The tokenization-focused cryptocurrency platform MANTRA (OM) has reached a historic milestone, hitting an all-time high price of $2.71 on November 16. Technical indicators hint at further upward momentum in the short term, sparking optimism among investors.
The rise comes just days after MANTRA completed a robust audit by Hacken, a leading blockchain security firm, instilling certainty among investors of its security and compliance.
Over the past year, OM has skyrocketed by an astonishing 10,000%, cementing its position as one of the best-performing altcoins in the cryptocurrency sector. This meteoric rise has made OM the only RWA-focused cryptocurrency to achieve a 100x return in 2024.
As of November 16, OM's market capitalization stands at $2.03 billion, with a significant 97.1% of tokens concentrated among holders.
✅ Quarden Launches Crypto Commerce Hub, Transforming Digital Asset Use in Shopping
SINGAPORE — Digital commerce leader Quarden has unveiled the Crypto Commerce Hub, an advanced e-commerce platform designed to enable cryptocurrency holders to shop for both physical and digital goods using their digital assets.
The innovation marks a significant leap in bridging the gap between blockchain technology and real-world commerce, potentially reshaping how cryptocurrencies are integrated into daily transactions.
At the heart of the platform is Quarden Pay, an eco-friendly payment system that offers instant settlements and high-speed transactions, surpassing the efficiency of many traditional payment methods.
Supporting major cryptocurrencies like Bitcoin, Ethereum, and BNB, the platform also introduces the proprietary Quarden Token, which acts as the primary currency for transactions, ensuring security, transparency, and efficiency in retail environments.