BiyaPay Analyst: Caocao Mobility's Hong Kong Stock Soars Over 20%, Transitioning from Ride-Hailing to On-Chain Assets, Caocao Mobility's Real World Asset On-Chain Activation Ignites Robotaxi New Ecosystem

By: theblockbeats.news|2025/08/07 18:03:01

BlockBeats News, August 7th, Caocao Mobility (Hong Kong Stock Code 02643) officially signed a memorandum of understanding on virtual asset strategic cooperation with the Hong Kong licensed institution Victory Securities, focusing on three main directions: the securitization of real-world assets (RWA), stablecoin payments, and compliant digital currency issuance. In response to the news, Caocao Mobility's Hong Kong stock price surged over 20% on August 7th, with the RWA concept becoming the market focus.

This cooperation marks the first systematic exploration in the ride-hailing industry of the "ride-hailing asset + RWA" application scenario. Caocao Mobility CEO Gong Xin stated that through RWA technology, green mobility will be deeply integrated with digital finance, potentially revitalizing core assets such as Robotaxi and helping the company establish a first-mover advantage in the autonomous driving field. Currently, Caocao has launched Robotaxi pilot operations in Hangzhou and Suzhou, and plans to introduce customized L4-level autonomous driving models to further solidify the foundation of asset tokenization.

Amid the green finance trend, Caocao's new energy vehicle fleet has already reduced carbon emissions by over 3.1 million tons, with green assets possessing long-term financialization potential. Through Victory Securities' compliant framework, Caocao Mobility is expected to issue RWA funds or stablecoins pegged to mobility assets in Hong Kong in the future, expanding innovative financing channels for the company.

Meanwhile, BiyaPay now supports users to trade US stocks and Hong Kong stocks using USDT, without the need to apply for an offshore account, enabling one-click participation in the global market. The platform also offers over 200 types of cryptocurrency instant exchange services, supports spot and futures limit order zero-fee trading, helping you efficiently navigate the traditional finance and digital asset markets.

Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Young people in South Korea make a "final effort" in the epic bull market

The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts

SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.

How much longer can Ethereum's last big buyer hold on?

According to Bitmine's current buying pace, the 5% target is expected to be reached next month, and at that time, there may be no further increases in holdings. So, who will fill the buying gap for Ethereum?

World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live

The 2026 FIFA World Cup is hours away. WEEX unveils the “World Cup x Dice Rush” campaign with a 1,000,000 USDT prize pool. Plus, Michael Owen reunites with WEEX COO for an exclusive pre-match livestream. Join now!

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Overview of Important Market Events on June 9th

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

Overview of Important Market Events on June 11