Friday was a historic day for tokenization and for Ondo. Our tokenized $SPCX (SPCXon) saw thousands of holders, tens of thousands of transactions, and millions in TVL - all in minutes after launch - across Solana, BNB and Ethereum, with the numbers climbing rapidly. Friday made it clear that the line between traditional and onchain markets is further blurring. Onchain is now a day 1 distribution channel for IPOs. But new venues only work when they're built on trust, and that requires reliable, institutional-grade rails. We saw other issuers make promises they could not deliver on, breaking this investor trust. This is where Ondo stands out. We know how markets work. We know what we can and cannot promise. And we actually deliver. SPCXon was listed within minutes of trading and tracked the underlying market seamlessly. Huge kudos to the Ondo team and all of the remarkable partners within the Ondo ecosystem that helped make this a historic day for onchain capital markets. Looking forward to the next IPO. Onwards.

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

NEW: @SpaceX debuts with 18,712 $BTC on its balance sheet. @Citi tokenizes private company shares on blockchain. @Coinbase lets AI agents trade crypto for you. @JoshR_GSR, @artemkorenyuk and @MurrLincoln join @jennsanasie on CoinDesk’s Public Keys to break it all down. Timecodes: 00:00 Welcome to Public Keys 01:00 U.S.-Iran Deal Reopens Strait of Hormuz 01:28 SpaceX IPOs With $1.29B in Bitcoin 02:01 GSR's Joshua Riezman Joins Public Keys 03:23 Bitcoin's Corporate Treasury Era 04:47 AI vs. Crypto for Capital Flows 07:06 CLARITY Act: Now or Never 10:20 10X: Ponzi Trader’s Top Trade is XPL 12:04 Citi's Artem Korenyuk Joins Public Keys 13:29 Digital Depository Receipts Explained 16:13 Citi's Broader Tokenization Strategy 18:12 Investor Rights and Private Share Ownership 20:20 BTC and ETH ETF Flows 21:18 Coinbase Launches for Agents, Lincoln Murr Joins 23:03 AI Agent Safety and Coinbase Advisor 26:02 The Agentic Financial Future and x402 28:19 Fear & Greed Index Climbs to 20

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

PANEL ANNOUNCEMENT: Addressing the question nobody's answering: As RWAs hit $30 billion, how much is real adoption and how much is pilots and marketing? On Day 1 at the Louvre: What Institutions Need From Blockchain Infrastructure. Evan Cheng @EvanWeb3 (Co-Founder & CEO, @Mysten_Labs) sits down with Ronit Ghose @ronitA380 (Global Head of Future of Finance, @Citi), moderated by Frank Chaparro @fintechfrank (Head of Special Projects & Content, @GSR_io). The conversation between the public L1 and the global bank. What does a tokenised financial system actually look like? Why does a bank need a public blockchain? What can Sui do that Citi's infrastructure cannot? And what do crypto builders underestimate about banks when it comes to RWA adoption? If RWAs were to grow from $30B to $1T, the debate is on which asset class scales first and who captures the most value. Take a seat. https://t.co/ol4EWRrKxo

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion https://t.co/1CqeTPScxe

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

The Tornado Cash enforcement trained the market to avoid privacy tools. That association became instinctive. Founders stopped building privacy products. Investors stopped funding them. The entire category went cold. Andy says the bias is outdated. GSR just completed the first confidential OTC trade on Ethereum using Zama. Quantum-secure. Compliant. GSR's head of OTC called it the fix for the largest institutional pain point. "There's still some kinks to work out, but privacy is going to accelerate."

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

Circle Q4 2025 highlights: - $770M total revenue & reserve income (+77% YoY) - $75.3B USDC in circulation (+72% YoY) - $11.9T USDC onchain transaction volume (+247% YoY) - $166M+ Arc total transactions (since Oct 28, 2025 testnet launch) Source: Circle

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

0/ A personal update I have decided to step back from @multicoin. It's a bittersweet moment for me because my time at Multicoin has been some of the most meaningful and rewarding of my life. That said, I am excited to take some time off and explore new areas of technology. After nearly a decade in crypto, I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance. I believe the Clarity Act will unlock a tidal wave of new entrants and spur adoption unlike anything we’ve seen. I remain bullish on crypto, specifically Solana, and intend to continue making personal investments in the space and supporting Multicoin portfolio companies. Moreover, I will continue to serve on the board of @zama, and I will continue in my role as Chairman at Forward Industries (@FWDind). More on Forward in next tweet. It goes without saying that I also remain bullish on Multicoin. My partners @tushar_jain, Brian Smith, @johnrobertreed, @mattshap1, @xethalis, @SpencerApplebau, and @shayonsengupta are some of the best investors and operators in the world. I am excited for them to continue to drive the crypto ecosystem and Multicoin forward for many years to come. To all of our portfolio founders, LPs, and industry partners—thank you for the opportunity to work with you. For reference, here is the letter we shared with LPs today https://t.co/AFRYRusU9v

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

The Super Bowl of Tokenization has its host. Can you guess the livestream commentator? Ondo Summit | Feb 3rd, 10am EST | Live on 𝕏 https://t.co/A28N1ScJRt

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

Monad has been live for nearly a month. Our own @fintechfrank sat with @keonehd from @monad and Brett Tejpaul from @coinbase to discuss the network, the token, and the ecosystem at an event presented by @thetieio. Here's the full conversation: https://t.co/iyuhumSy9f

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Being a founder in DeFi is difficult lately. We’ve all seen the past few weeks of news. Balancer, Stream, Garden, and adjacent discussions and disagreements between Morpho, Aave, Gauntlet, etc. are all front of mind for everyone onchain. Sometimes the frontier of finance is messy. Each of us should commit to due diligence, intellectual honesty, and mission focus as we build and innovate. GSR is ready to help with a variety of tools for founders who need them. Onward.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

The RWA ecosystem will explode — growing ten, twenty, even a hundredfold — once TradFi can seamlessly interact with crypto, according to @carlosdomingo https://t.co/N2I60RaFIz

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

The Total Connected Value (TCV) of @doublezero just hit $23 BILLION

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd

A new, faster internet is here. DoubleZero’s high-performance global network is now live on mainnet-beta powered by 2Z. Welcome to the world of high-performance networking. https://t.co/RrlM95ZP7s

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd