Huoxun Finance reported on December 11th that OndoFinance stated in a post on its X platform that the liquidity of its stock tokenization platform comes from the stock market, primarily from Nasdaq and the New York Stock Exchange, rather than AMM pools. This ensures virtually no slippage during large-scale transactions. Each stock token is fully backed by custodial shares, using a model similar to stablecoin reserves.

According to data from SoSoValue, Ethereum spot ETFs saw a total net inflow of $57.5847 million yesterday (December 10th, Eastern Time). The BlackRock ETF (ETHA) saw the largest single-day net inflow of $56.4545 million, bringing its historical total net inflow to $13.207 billion. This was followed by the Grayscale Ethereum Mini Trust ETF (ETH), with a net inflow of $7.9137 million, bringing its historical total net inflow to $1.521 billion. Conversely, the Fidelity ETF (FETH) saw the largest single-day net outflow of $6.7835 million, bringing its historical total net inflow to $2.667 billion. As of press time, the Ethereum spot ETF has a total net asset value of $21.429 billion, an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.29%, and a historical cumulative net inflow of $13.15 billion.

According to data from SoSoValue, Bitcoin spot ETFs saw a total net inflow of $224 million yesterday (December 10th, Eastern Time). The BlackRock ETF (IBIT) saw the largest single-day net inflow at $193 million, bringing its total historical net inflow to $62.604 billion. The Fidelity ETF (FBTC) followed with a net inflow of $30.5751 million, bringing its total historical net inflow to $12.281 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $122.431 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.63%, and a cumulative historical net inflow of $57.932 billion.

Odaily Planet Daily reports that PLATO, a full-chain financial protocol with the vision of "connecting DeFi with the real economy," officially launched its governance token, PLATO, on December 9th. On-chain data shows the token's initial price was 0.002556 USDT, reaching a high of 0.019 USDT within 24 hours, a single-day increase of over 560%. The project's FDV is approaching $80 million. The protocol employs a dual-token mechanism: the governance token PLATO, used for community governance, node rewards, and revenue distribution, and repurchased and burned through platform fees and RWA spreads to strengthen its value. The revenue rights token IHP, backed by the revenue from real assets such as hydropower stations, aims to provide a stable cash flow for the ecosystem and reduce the risk of "air coins" (cryptocurrencies with no real value). Currently, the first phase of the Kyrgyzstan hydropower station, to which IHP is linked, is operational, and subsequent on-chain financing will be used for the second to fifth phase expansions, continuously injecting real-world revenue into the protocol.

According to Huoxun Finance on December 11, Vance Spencer, co-founder of Framework Ventures, stated on the X platform that with the removal of lock-up restrictions on Sky tokens, Framework is currently the only VC still holding a large amount of Sky tokens, while most institutions have liquidated or significantly reduced their holdings of Sky tokens: Paradigm (formerly holding approximately 7%), a16z (formerly holding approximately 6%), Bain (formerly holding approximately 2-4%), and Syncracy (formerly holding approximately 1%) have sold all of their holdings, while Dragonfly (formerly holding approximately 4-5%) and Parafi (formerly holding approximately 3-4%) have sold most of their holdings.