Digital asset fund attracts $47.2 billion in funds, with altcoins outperforming Bitcoin in performance

[ARM under Baidu plans Hong Kong IPO to raise up to $2 billion] Sources reveal that Baidu's artificial intelligence chip company ARM plans to go public in Hong Kong, aiming to raise up to $2 billion.

[NFT Paris Cancels 2026 Event, Sponsorship Fees Non-Refundable Involving Over €500,000] On January 7, Funkari team member Neks posted that NFT Paris announced the cancellation of the 2026 NFT Paris and RWA Paris events due to depleted funds, with organizational costs exceeding sponsorship and ticket revenue. Ticket purchasers are promised refunds within two weeks. An email shared by sponsor @serc1n indicates that, according to Clause 12 of the agreement, non-refundable expenses related to the event exceed the total sponsorship fees and cannot be refunded. Okay Bears founder Kais also confirmed receiving the same information. NFT Paris listed 61 sponsors, with expected payments exceeding €500,000, and the core team had already left shortly before the incident.

[Tempo Launches TIP-20 Standard, Adding Compliance Controls and Transfer Memo Functionality] Tempo announced the launch of the native token standard TIP-20, designed specifically for stablecoins and payment use cases. It is based on the ERC-20 standard on Ethereum and EVM-compatible chains and is fully backward compatible. TIP-20 introduces features such as transfer memos, compliance controls, and reward distribution, enabling the issuance of stablecoins tailored to specific payment use cases. Any TIP-20 stablecoin denominated in USD can be used to pay Tempo transaction fees, with plans to support non-USD stablecoin fee payments in the future.

[Barclays Bank Makes First Investment in Stablecoin Clearing Firm Ubyx] UK-based Barclays Bank has announced an investment in the stablecoin clearing company Ubyx, marking Barclays' first foray into investing in stablecoin-related enterprises as part of its plan to explore 'new forms of digital currency.' Ubyx, founded in 2025, specializes in coordinating the settlement of stablecoins pegged 1:1 to fiat currencies issued by different entities. Barclays stated that it will work with Ubyx to advance tokenized currency development within a regulatory framework. Barclays has not disclosed the specific investment amount or valuation. According to PitchBook data, Ubyx has previously received investments from the venture capital arms of U.S.-based crypto companies Coinbase and Galaxy Digital.

[WLFI Reserve Address Transfers Out 162.69 WBTC and Rebalances to 770.6 WETH] On January 7, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that the WLFI Strategic Reserve address withdrew 162.69 WBTC (approximately $15.07 million) from Aave 10 minutes ago. Subsequently, 27.1 WBTC was sold via Cowswap and converted into 770.6 WETH, valued at $2.5 million.