StableStock launches public beta to bring tokenized stocks on-chain for emerging markets
Daily top performer β Illuvium (ILV)
The S&P 500 dipped 0.49% as weak services data and Trumpβs new tariff threats raised stagflation fears, while investors awaited more earnings. Gold rose 0.20% to $3,381 as weak US jobs and services data boosted Fed rate cut expectations. Political uncertainty and rising tariffs added to safe-haven demand, with prices eyeing the $3,400 level. The Coindesk Indices, which tracks the broader crypto market, down 2.78%, with Bitcoin and Ether down 0.98% and 3.45%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Todayβs top performer is ILV, up 19.7% following the launch of Illuvium Pro League 2025 with a $250K prize pool and open qualifiers.
Illuvium (ILV), founded in 2020, is a 3D open-world RPG on the blockchain where players explore, capture NFT creatures, and earn rewards. It features AAA-quality gameplay, free-to-play zones, and uses the ILV token for governance and rewards, aiming to set a new standard in GameFi. Illuvium Pro League 2025 kicks off August 16 with a $250K prize pool. Players can qualify for the $150K Main Event in December through ranked play and tournaments (IPL 250/500/1000). Open qualifiers require no Battle Pass. Rewards include cash, cosmetics, and leaderboard prestige.
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Talk of the town
StableStock is launching the public beta of StableBroker, its first product in a three-layer TraDeFi ecosystem aimed at bringing tokenized real-world stock assets on-chain. From August 11 to 18, 2025, whitelisted users can trade stocks with stablecoins fee-free and gain early access to StableVault, a yield-bearing liquidity hub. The platform enables 1:1 tokenization of stocks into sStock, which can be staked to earn stStock and used across DeFi apps. Targeting emerging markets like Vietnam and Indonesia, StableStock addresses restricted access to USD assets and global stocks, offering a compliant, stablecoin-based alternative backed by partnerships with licensed brokers and secure custodians. Backed by a $20M team with deep experience in TradFi and crypto, StableStock aims to bridge TradFi and DeFi by enabling open, yield-generating, on-chain stock investing.
Bitcoin spot ETF flows
Category | Flow (millions) |
GBTC | (19.7) |
Non-GBTC | (99.1) |
Total | (118.8) |
Yesterday, BTC spot ETFs saw $118.8 million in outflows, with $19.7 million from GBTC and $99.1 million from non-GBTC funds.
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Airdrop to watch
Camp Network has launched Act 3 of its Incentivized Summit Series, introducing new quests and onboarding a wave of consumer-facing apps across gaming, music, fashion, payments, and IP tokenization. Notable teams joining include KOR, Plena, CheB, Jukeblox, and FlappyTrump. With new campaigns and matchstick quests now live, Camp continues lowering the barrier to entry while pushing toward its final summit.