{"id":475,"date":"2025-01-14T03:05:19","date_gmt":"2025-01-13T19:05:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=475"},"modified":"2025-01-14T03:05:19","modified_gmt":"2025-01-13T19:05:19","slug":"%e7%a6%8f%e5%b8%83%e6%96%af2025%e9%87%91%e8%9e%8d%e7%a7%91%e6%8a%8050%e5%bc%ba%e6%9c%89%e5%93%aa%e4%ba%9b%e5%8a%a0%e5%af%86%e5%85%ac%e5%8f%b8%ef%bc%9f","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=475","title":{"rendered":"\u798f\u5e03\u65af2025\u91d1\u878d\u79d1\u628050\u5f3a\u6709\u54ea\u4e9b\u52a0\u5bc6\u516c\u53f8\uff1f"},"content":{"rendered":"

2024 \u5e74\uff0c\u52a0\u5bc6\u8d27\u5e01\u7ec8\u4e8e\u6b65\u5165\u4e3b\u6d41\u3002\u5341\u591a\u652f\u6bd4\u7279\u5e01\u73b0\u8d27\u4ea4\u6613\u578b\u5f00\u653e\u5f0f\u6307\u6570\u57fa\u91d1\uff08ETF\uff09\u83b7\u6279\uff0c\u673a\u6784\u8d44\u672c\u5927\u91cf\u6d8c\u5165\uff0c\u539f\u672c\u7531\u6563\u6237\u4e3b\u5bfc\u7684\u5e02\u573a\u5728\u534e\u5c14\u8857\u83b7\u5f97\u4e86\u66f4\u5e7f\u6cdb\u7684\u8ba4\u53ef\u3002\u968f\u540e\uff0c\u5510\u7eb3\u5fb7\u30fb\u7279\u6717\u666e\u8d62\u5f97\u5927\u9009\uff0c\u52a0\u5bc6\u8d44\u4ea7\u4ef7\u683c\u8fdb\u4e00\u6b65\u98d9\u5347\uff0c\u4eba\u4eec\u671f\u671b\u7279\u6717\u666e\u7684\u653f\u5e9c\u80fd\u5f00\u542f\u52a0\u5bc6\u8d27\u5e01\u7684\u9ec4\u91d1\u65f6\u4ee3\u3002\u5230 12 \u6708\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u7a81\u7834 10 \u4e07\u7f8e\u5143\u5927\u5173\u3002<\/p>\n

\u7279\u6717\u666e\u65e9\u671f\u4eb2\u52a0\u5bc6\u8d27\u5e01\u7684\u7acb\u573a\u5c31\u5df2\u5341\u5206\u660e\u786e\uff0c\u5176\u5173\u952e\u4efb\u547d\u548c\u653f\u4ee4\u4fbf\u662f\u4f8b\u8bc1\uff1a\u98ce\u9669\u6295\u8d44\u4eba David Sacks \u88ab\u4efb\u547d\u4e3a\u4eba\u5de5\u667a\u80fd\u4e0e\u52a0\u5bc6\u8d27\u5e01\u4e8b\u52a1\u6c99\u7687\uff0cScott Bessent \u6267\u638c\u8d22\u653f\u90e8\uff0c\u524d\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u59d4\u5458 Paul Atkins \u88ab\u63d0\u540d\u9886\u5bfc\u8be5\u76d1\u7ba1\u673a\u6784\u3002\u7279\u6717\u666e\u8fd8\u7b7e\u7f72\u4e86\u4e00\u9879\u540d\u4e3a\u300a\u5f3a\u5316\u7f8e\u56fd\u5728\u6570\u5b57\u91d1\u878d\u6280\u672f\u9886\u57df\u7684\u9886\u5bfc\u5730\u4f4d\u300b\u7684\u884c\u653f\u547d\u4ee4\uff0c\u5176\u4e2d\u5305\u62ec\u8981\u6c42\u8bc4\u4f30\u300c\u56fd\u5bb6\u6570\u5b57\u8d44\u4ea7\u50a8\u5907\u300d\u7b49\u4e3e\u63aa\u3002\u5728\u8fd9\u79cd\u5927\u73af\u5883\u4e0b\uff0cFigure\u3001Securitize \u548c Fireblocks \u7b49\u516c\u53f8\u84ec\u52c3\u53d1\u5c55\uff0c\u987a\u5e94\u4e86\u884c\u4e1a\u5185\u4e00\u4e9b\u6700\u4e3a\u7a81\u51fa\u7684\u8d8b\u52bf\u3002<\/p>\n

\u4ee5\u4ee3\u5e01\u5316\u73b0\u5b9e\u4e16\u754c\u8d44\u4ea7\uff08RWA\uff09\u4e3a\u4f8b\uff0c\u8fd9\u4e00\u6982\u5ff5\u5df2\u4ece\u6d41\u884c\u8bed\u6f14\u53d8\u4e3a\u4ef7\u503c\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u4ea7\u4e1a\u3002\u5178\u578b\u6848\u4f8b\u662f\u7531\u524d SoFi \u9996\u5e2d\u6267\u884c\u5b98 Mike Cagney \u5171\u540c\u521b\u7acb\u7684 Figure \u516c\u53f8\uff0c\u8be5\u516c\u53f8\u5c06\u533a\u5757\u94fe\u6280\u672f\u5e94\u7528\u4e8e\u4f20\u7edf\u8d37\u6b3e\u9886\u57df\uff0c\u5df2\u5c06\u8d85\u8fc7 130 \u4ebf\u7f8e\u5143\u7684\u623f\u5c4b\u51c0\u503c\u4fe1\u8d37\u989d\u5ea6\u4ee3\u5e01\u5316\u3002\u4e0e\u6b64\u540c\u65f6\uff0cSecuritize \u4e0e\u8d1d\u83b1\u5fb7\u5408\u4f5c\u63a8\u51fa\u4e86 BUIDL\uff0c\u8fd9\u662f\u4e00\u6b3e\u4ee3\u5e01\u5316\u7f8e\u56fd\u56fd\u503a\u4ea7\u54c1\uff0c\u5df2\u5438\u5f15 6.4 \u4ebf\u7f8e\u5143\u6295\u8d44\u3002<\/p>\n

\u6b64\u5916\u8fd8\u6709\u52a0\u5bc6\u57fa\u7840\u8bbe\u65bd\u9886\u57df\u7684\u9886\u519b\u4f01\u4e1a Fireblocks\uff0c\u8be5\u516c\u53f8\u5df2\u4fdd\u969c\u4e86\u8d85\u8fc7 6 \u4e07\u4ebf\u7f8e\u5143\u7684\u6570\u5b57\u8d44\u4ea7\u4ea4\u6613\u5b89\u5168\u3002\u5b83\u6700\u8fd1\u63a8\u51fa\u4e86\u4e00\u4e2a\u7531\u5dde\u76d1\u7ba1\u7684\u6258\u7ba1\u5e73\u53f0\u4ee5\u53ca\u4eba\u5de5\u667a\u80fd\u9a71\u52a8\u7684\u4ea4\u6613\u4f18\u5316\u5de5\u5177\uff0c\u65e8\u5728\u6ee1\u8db3\u673a\u6784\u5ba2\u6237\u65e5\u76ca\u589e\u957f\u7684\u9700\u6c42\u3002<\/p>\n

\u4ee5\u4e0b\u662f\u5165\u9009 2025 \u5e74\u91d1\u878d\u79d1\u6280 50 \u5f3a\u7684\u4e09\u5bb6\u52a0\u5bc6\u516c\u53f8\uff1a<\/p>\n

Figure<\/strong><\/p>\n

\u603b\u90e8\uff1a\u7ebd\u7ea6\u5dde\uff0c\u7ebd\u7ea6\u5e02<\/p>\n

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\u878d\u8d44\uff1a\u4ece Apoll\u3001Morgan Creek \u548c Ribbit \u7b49\u516c\u53f8\u83b7\u5f97 5 \u4ebf\u7f8e\u5143\u878d\u8d44<\/p>\n

\u6700\u65b0\u4f30\u503c\uff1a32 \u4ebf\u7f8e\u5143<\/p>\n

\u4e0a\u6b21\u4f30\u503c\u65e5\u671f\uff1a2021 \u5e74 5 \u6708<\/p>\n

\u4eae\u70b9\uff1a\u5176\u8f6f\u4ef6\u5df2\u7528\u4e8e\u53d1\u8d77\u8d85\u8fc7 130 \u4ebf\u7f8e\u5143\u7684\u623f\u5c4b\u51c0\u503c\u4fe1\u8d37\u989d\u5ea6<\/p>\n

\u8054\u5408\u521b\u59cb\u4eba\uff1a\u6267\u884c\u8463\u4e8b\u957f Mike Cagney\uff0c53 \u5c81\uff1bJune Ou\uff0c59 \u5c81\uff0c\u66fe\u4efb\u603b\u88c1\uff0c\u73b0\u62c5\u4efb\u987e\u95ee<\/p>\n

\u9996\u5e2d\u6267\u884c\u5b98\uff1aMichael Tannenbaum\uff0c\u6b64\u524d\u66fe\u5728 SoFi \u62c5\u4efb\u9996\u5e2d\u6536\u5165\u5b98\uff0c\u5728 Brex \u62c5\u4efb\u9996\u5e2d\u8fd0\u8425\u5b98\uff0c2024 \u5e74\u52a0\u5165 Figure<\/p>\n

Fireblocks<\/strong><\/p>\n

\u603b\u90e8\uff1a\u7ebd\u7ea6\u5dde\uff0c\u7ebd\u7ea6\u5e02<\/p>\n

Fireblocks \u7684\u8f6f\u4ef6\u5e2e\u52a9\u6295\u8d44\u8005\u4ee5\u53ca Worldpay\u3001Revolut\u3001\u6cd5\u56fd\u5df4\u9ece\u94f6\u884c\u548c\u7ebd\u7ea6\u94f6\u884c\u6885\u9686\u7b49\u673a\u6784\u5b89\u5168\u6301\u6709\u52a0\u5bc6\u8d27\u5e01\u3002\u5c3d\u7ba1 2024 \u5e74\u8be5\u516c\u53f8\u8425\u6536 124 \u4e07\u7f8e\u5143\uff0c\u4f46\u4ecd\u672a\u5b9e\u73b0\u76c8\u5229\uff0c\u76ee\u524d\u6b63\u5927\u529b\u6295\u5165\u65b0\u9879\u76ee\uff0c\u4ee5\u652f\u6301\u4ece\u94f6\u884c\u5230\u521d\u521b\u4f01\u4e1a\u7b49\u5404\u7c7b\u4e3b\u4f53\u7684\u52a0\u5bc6\u8d44\u4ea7\u6d3b\u52a8\u3002\u8fc7\u53bb\u4e00\u5e74\u63a8\u51fa\u7684\u91cd\u8981\u4ea7\u54c1\u5305\u62ec\u4e00\u5bb6\u7ebd\u7ea6\u5dde\u76d1\u7ba1\u7684\u6709\u9650\u76ee\u7684\u4fe1\u6258\u516c\u53f8\uff0c\u65e8\u5728\u4e3a\u5ba2\u6237\u63d0\u4f9b\u94f6\u884c\u7ea7\u522b\u7684\u6258\u7ba1\u670d\u52a1\uff0c\u4ee5\u53ca\u4e00\u6b3e\u4eba\u5de5\u667a\u80fd\u5de5\u5177\uff0c\u5e2e\u52a9\u5ba2\u6237\u5728\u4ea4\u6613\u6d3b\u52a8\u4e2d\u66f4\u7075\u6d3b\u5730\u5e94\u5bf9\u5e02\u573a\u53d8\u5316\u3002<\/p>\n

\u878d\u8d44\uff1a\u4ece Spark Capital\u3001Cyberstarts \u548c Coatue \u7b49\u516c\u53f8\u83b7\u5f97 10 \u4ebf\u7f8e\u5143\u878d\u8d44<\/p>\n

\u6700\u65b0\u4f30\u503c\uff1a80 \u4ebf\u7f8e\u5143<\/p>\n

\u4e0a\u6b21\u4f30\u503c\u65e5\u671f\uff1a2022 \u5e74 1 \u6708<\/p>\n

\u4eae\u70b9\uff1a\u81ea\u6210\u7acb\u4ee5\u6765\uff0c\u5176\u57fa\u7840\u8bbe\u65bd\u5df2\u652f\u6301\u8d85\u8fc7 6 \u4e07\u4ebf\u7f8e\u5143\u7684\u4ea4\u6613<\/p>\n

\u8054\u5408\u521b\u59cb\u4eba\uff1a\u9996\u5e2d\u6267\u884c\u5b98 Michael Shaulov\uff0c42 \u5c81\uff0c\u6b64\u524d\u521b\u7acb\u4e86\u7f51\u7edc\u5b89\u5168\u521d\u521b\u516c\u53f8 Lacoon Mobile Security\uff1b\u9996\u5e2d\u6280\u672f\u5b98 Pavel Berengoltz\uff0c48 \u5c81\uff1b\u9996\u5e2d\u4ea7\u54c1\u5b98 Idan Ofrat\uff0c43 \u5c81<\/p>\n

Securitize<\/strong><\/p>\n

\u603b\u90e8\uff1a\u4f5b\u7f57\u91cc\u8fbe\u5dde\uff0c\u8fc8\u963f\u5bc6\u5e02<\/p>\n

Securitize \u5c06\u56fd\u503a\u6216\u79c1\u52df\u80a1\u6743\u7b49\u73b0\u5b9e\u4e16\u754c\u8d44\u4ea7\u8f6c\u79fb\u5230\u533a\u5757\u94fe\u4e0a\uff0c\u4f7f\u6295\u8d44\u8005\u80fd\u591f\u8f7b\u677e\u4e70\u5356\u3002Securitize \u65d7\u8230\u4ea7\u54c1\u662f BUIDL\uff0c\u8fd9\u662f\u4e00\u6b3e\u4e8e 2024 \u5e74 3 \u6708\u4e0e\u8d1d\u83b1\u5fb7\u5408\u4f5c\u63a8\u51fa\u7684\u4ee3\u5e01\u5316\u56fd\u503a\u4ea7\u54c1\u3002BUIDL \u76ee\u524d\u6301\u6709 6.4 \u4ebf\u7f8e\u5143\u8d44\u4ea7\u3002<\/p>\n

\u878d\u8d44\uff1a\u4ece\u8d1d\u83b1\u5fb7\u3001Blockchain Capital \u548c\u6469\u6839\u58eb\u4e39\u5229\u7b49\u516c\u53f8\u83b7\u5f97 1.7 \u4ebf\u7f8e\u5143\u878d\u8d44<\/p>\n

\u6700\u65b0\u4f30\u503c\uff1a4.79 \u4ebf\u7f8e\u5143<\/p>\n

\u4e0a\u6b21\u4f30\u503c\u65e5\u671f\uff1a2022 \u5e74 7 \u6708<\/p>\n

\u4eae\u70b9\uff1a\u5df2\u4e0e\u5305\u62ec\u8d1d\u83b1\u5fb7\u3001\u6c49\u5bc6\u5c14\u987f\u5df7\u548c KKR \u5728\u5185\u7684\u5408\u4f5c\u4f19\u4f34\u5c06\u603b\u8ba1\u8d85\u8fc7 10 \u4ebf\u7f8e\u5143\u7684\u8d44\u4ea7\u4ee3\u5e01\u5316<\/p>\n

\u8054\u5408\u521b\u59cb\u4eba\uff1a\u9996\u5e2d\u6267\u884c\u5b98 Carlos Domingo\uff0c54 \u5c81\uff1b\u603b\u88c1 Jamie Finn\uff0c47 \u5c81<\/p>\n","protected":false},"excerpt":{"rendered":"

2024 \u5e74\uff0c\u52a0\u5bc6\u8d27\u5e01\u7ec8\u4e8e\u6b65\u5165\u4e3b\u6d41\u3002\u5341\u591a\u652f\u6bd4\u7279\u5e01\u73b0\u8d27\u4ea4\u6613\u578b\u5f00\u653e\u5f0f\u6307\u6570\u57fa\u91d1\uff08ETF\uff09\u83b7\u6279\uff0c\u673a\u6784\u8d44\u672c\u5927\u91cf\u6d8c\u5165\uff0c\u539f\u672c […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-475","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=475"}],"version-history":[{"count":0,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/475\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=475"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}