BTC Markets, an Australian cryptocurrency exchange, has formally notified the Australian Securities and Investments Commission (ASIC) of its intention to secure a market license for regulated trading of tokenized real-world assets (RWAs). CEO Lucas Dobbins stated the license would "enable particular types of tokenized assets to be offered and available to the public," envisioning a future where tokenized equities, bonds, and RWAs trade alongside cryptocurrencies. Dobbins cited conservative projections placing the tokenized market near $22 trillion by 2030, with Boston Consulting Group estimates as high as $16 trillion.
This move aligns with a broader industry trend towards asset tokenization. Concurrently, investor attention is shifting towards early-stage projects, particularly the AI-powered platform DeepSnitch AI. The project has raised over $2 million in its ongoing presale, with its native token, DSNT, priced at $0.04399. The platform, set for an official launch on March 31, features a suite of five AI agents (Feed, Scan, GPT, Audit, Cast, and Explorer) designed to automate research and trading activities, including smart contract auditing and tracking whale movements.
Market analysts are also monitoring key resistance levels for major altcoins. Solana (SOL) is approaching a significant sell wall at $89, with analysts suggesting a break above could lead to a target of $100. Currently trading at $84.99, SOL is down 1.82% over the past week. Meanwhile, Bittensor's TAO token has gained 5.55% to reach $197, buoyed by positive mentions from investors like Jason Calacanis on the "This Week in Startups" podcast.
The news cycle is further influenced by U.S. regulatory developments. On March 6, President Donald Trump released a new cyber strategy that emphasizes blockchain and cryptocurrency security, framing it within national technology competition alongside AI and quantum computing. This policy shift is cited as a factor boosting investor confidence in fundamentally strong projects like DeepSnitch AI.
Other tokens mentioned include Plume (PLUME), a Layer-1 for RWAs which rose 62% in a week, and the meme coin WAR (WAR), which saw a 4x surge in three days. However, the primary narrative focuses on the convergence of institutional RWA adoption and speculative interest in nascent AI crypto projects.
