Citi, DBS complete first weekend tokenized cross-border deposit on Swift
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Ondo Perps has officially launched, becoming the first perpetual contract platform to support tokenized stocks as margin for derivatives.
ChainCatcher reports that Ondo Perps has officially launched and is now open to non-US investors. As the first perpetual contract platform to support tokenized stocks and stablecoins as collateral for derivatives, Ondo Perps aims to drive the on-chain derivatives market into a new era of capital efficiency. Its core advantages include: tokenized stocks as collateral, eliminating the need to maintain separate cash reserves across multiple platforms; market depth comparable to traditional finance, achieving extremely low spreads and slippage; and execution speed comparable to top-tier crypto CEXs, with real-time processing of order routing, margin updates, and settlement, while ensuring decentralization. Currently, Ondo Perps supports assets including stocks, indices, and commodities such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, offering leverage up to 20x and providing 24/7 trading for global investors. Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure, and a total TVL exceeding $1 billion. Ondo Perps, as the next layer of the ecosystem, enables tokenized assets to not only remain in the holding stage, but also to function as collateral on a unified trading platform.
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.
Momenta, dubbed the "first stock in physics AI," has completed its IPO, with its market capitalization once exceeding HK$70 billion.
Odaily Odaily reports that Momenta, dubbed the "first stock in physical AI," has completed its IPO on the Hong Kong Stock Exchange. The offering price was HK$295.6 per share, and the public offering was oversubscribed by 414 times. The stock opened slightly higher, with its market capitalization briefly exceeding HK$70 billion. Assuming the "greenshoe option" (over-allotment option) is fully exercised, the global offering consisted of approximately 22.93 million shares, raising approximately HK$6.8 billion. According to ZhenFund, Momenta announced that its mass-produced business has surpassed 1 million units equipped with its technology.
H3C completes industry's first real-world test of full-scenario interoperability of 800G intelligent computing network.
Mars Finance reported on July 7th that at the recent 2026 CFCF Optical Connectivity Conference, H3C Group completed a full-scenario network deployment test of its 800G intelligent computing network, covering Scale-Up, Scale-Out, and Scale-Across scenarios. In the Scale-Up/Out scenario, the S9828-128EP switch, equipped with 1024 112G ports and an 800G LPO solution, reduced overall power consumption by 27% and link latency by 17%. For long-distance cross-domain scenarios, the S12500R-64EP DCI switch completed an 80km full-bandwidth interoperability test without repeaters using 800G ZR/ZR+ modules from multiple vendors. (Wide Angle Observation)
The Payment & Clearing Association of China issued a warning to prevent cross-border gambling fraud involving virtual currency top-ups.
Odaily Odaily reports that the Payment & Clearing Association of China has issued a warning about preventing cross-border gambling scams involving virtual currency top-ups. The aim is to help the public raise their awareness of fraud prevention and gambling resistance, and improve their ability to identify and combat scams. The Association reminds the public that cross-border gambling is a losing proposition, and participating in gambling through virtual currencies is more concealed and risky. Participating in gambling or providing fund settlement services for gambling activities are illegal and violate regulations. Do not participate in virtual currency gambling transactions and safeguard your financial security.
The Payment & Clearing Association of China issued a warning to prevent cross-border gambling fraud involving virtual currency top-ups.
According to Foresight News , the Payment & Clearing Association of China has issued a warning about preventing cross-border gambling scams involving virtual currency top-ups. The aim is to help the public raise their awareness of fraud prevention and gambling resistance, and improve their ability to identify and combat scams. The Payment & Clearing Association reminds the public that cross-border gambling is a losing proposition, and participating in gambling through virtual currencies is more concealed and risky. Participating in gambling or providing fund settlement for gambling activities is illegal and violates regulations. Do not participate in virtual currency gambling transactions and safeguard your funds.