1d ago
Alphabet’s multi-tranche bond sale puts investor demand for AI-linked debt to the test
Alphabet issued multi-maturity bonds on August 6 as its AI buildout drives capital spending higher. Second-quarter capital expenditure reached $44.9 billion, roughly double a year earlier, and the company lifted its 2026 capex guidance to $195-$205 billion. Alphabet posted $119.8 billion in quarterly revenue, up 24%, and reported a cloud backlog of $514 billion. The 30-year Treasury yield stood at 5.17%.
1d ago
1d ago
Tokenized real-world assets surge to $7.4B in 12 months as DeFi deposits slide 15%
Tokenized real-world assets (RWA) held in lending protocols and decentralized exchanges climbed from $2.3 billion to $7.4 billion over the past twelve months, a gain of more than 220%, according to a joint CoinShares and Token Terminal report. Over the same period, total DeFi deposits fell about 15% and DEX trading volume dropped roughly 70%. Tokenized Treasury products typically offer annual yields in the 3% to 5.5% range. CoinShares said those products can keep generating income even when posted as collateral.
1d ago
2d ago
Bitget’s Morph yield vaults reach $55M TVL one week after launch
Bitget’s yield vaults on Morph have reached $55 million in total value locked one week after launch, with the bgBTC product going live on July 31 and a USDC strategy following on August 3. On-chain data show about $32.1 million in BTC posted as collateral with $12.1 million in USDC borrowed against it, while another $23.2 million has been deposited into a Gauntlet-managed vault. The product was built with Gauntlet and Morpho and is available via Bitget Exchange and the self-custodial Bitget Wallet.
BTC
BTC-0.28%
2d ago