A new chapter for BounceBit unfolds. $BB is the core. V3 has arrived.

Tokenized RWA that sit idle will be remnants of the past.

Tokenization🤝Perps🤝Yield

Last week, the CFTC approved the first U.S.-listed bitcoin perpetual futures contract and published a policy statement for future perpetual listings. A crypto-native derivatives format is entering the U.S. regulatory framework and the timing is relevant for us. BounceBit Perps will be returning with upgraded infrastructure, a cleaner UX and more features. All lessons from our first iteration built in.

Money market funds tokenized by the world's leading asset managers have surpassed $15B. Franklin Templeton → BENJI BlackRock → BUIDL Fidelity → FDIT Janus Henderson → JTRSY ChinaAMC → CUMIU Prime turns them into always-on collateral. This is how trillions move onchain.

RWA: How one Narraive Became a Real Market x.com/i/spaces/1NGarronPQDJj

Asset ⇌ tokenization ⇌ collateral ⇌ yield ⇌ credit

BounceBit is now #3 protocol by 7-day revenue in basis trading on DefiLlama. Third only to Ethena and Superstate.

Onchain yield is growing up. The market used to chase APR first. Now the real question is what sits behind the yield. Liquidity depth. Smart contract exposure. Issuer structure. Custody. Settlement. Execution venue. That is why tokenized Treasuries, institutional money market funds, and off-exchange settlement are becoming core infrastructure for onchain finance. A stronger yield stack needs more than access to assets. It needs qualified custody, transparent collateral, reliable execution, and settlement models that keep assets protected while capital stays usable. This is the direction BounceBit has been building toward. CeDeFi brings together: • tokenized Treasury collateral such as BENJI via Franklin Templeton • institutional custody • collateral mirroring for off-exchange settlement • onchain transparency • BTC, stablecoins, and RWAs as productive capital The next phase of onchain finance is risk-adjusted, collateral-aware, and built around the full capital cycle. Asset → yield → collateral → credit → deployment.

The U.S. is moving toward a real regulatory framework for digital assets. → The GENIUS Act gives stablecoins a federal structure. → The CLARITY Act advances market structure for digital assets. Stablecoins are already a ~$299B market. Tokenized Treasuries are already above $15B. BounceBit sits directly in that flow, with $300M in total AUM across stablecoins, RWAs and crypto assets.

The next BounceBit chapter is built on institutions, credit, and conviction. Details soon.

Tokenized RWAs have crossed $30B. The market is no longer just about stablecoins. It now spans funds, credit, commodities, equities, treasuries, and other yield-bearing assets moving to onchain rails. That reinforces the BounceBit thesis: • capital should be productive • collateral should be usable • yield should connect with credit and trading The next phase of RWAs will be defined by what these assets can do after they are tokenized.

BounceBit is becoming the place where capital is most efficient. One Big Bank.

BounceBit is where institutional capital becomes usable onchain. Yield-bearing assets, secure custody, and deep exchange connectivity combine into a single system for earning, collateralizing, and deploying capital. The full capital cycle.

The era of productive capital is here.

Finance is changing shape. RWA, yield, stablecoins, perps. BounceBit is where it comes together.

Tokenized assets are moving deeper into financial workflows. Sandy Kaul, Head of Innovation at @FTDA_US, says onchain RWAs are proving “highly effective” as collateral for financing and derivatives. →RWAs are becoming productive collateral across yield, financing, and trading. A core part of the BounceBit thesis.