RWA tokenization, AI agent revenue, and BTC-native finance are scaling with institutional traction—Ondo at $937M, Venice hitting $100M ARR, and Stacks launching bitcoin staking bonds.
DeFi & Yields ·
Ondo has accumulated $937M in tokenized stock holdings while Nasdaq equity tokens are scheduled for Q2 2027 release, marking institutional infrastructure development in real-world asset tokenization alongside a $21B funding round for tokenized equities. AI agents are demonstrating revenue viability with Venice reaching $100M annual recurring revenue in August and Tao subnets generating $28-35M annually across 24 subnets. Bitcoin finance infrastructure is moving to institutional products, with Stacks' genesis bitcoin staking bond selling out on September 10 and Spark facilitating $185M in stablecoin borrowing against cbBTC.