South Korea’s Shinhan Bank said it will issue won-pegged real-world asset (RWA) tokens on the Solana blockchain to tap a tokenization market valued at $30 trillion. The move brings traditional financial assets into Solana’s public-chain ecosystem, marking further adoption of on-chain RWA use cases by major financial institutions. The initiative is expected to expand enterprise use cases on Solana and increase the amount of on-chain assets.

Goodyear reiterated the planned closure in its Aug. 5 second-quarter earnings announcement, saying the Fayetteville facility will be closed as part of a strategy to “align its footprint with its evolving product portfolio and improve the competitiveness of its manufacturing network in the Americas.” The company expects the action to improve Americas segment operating income by about $90 million in 2027 and approximately $270 million annually beginning in 2028, according to the earnings release.

Indian carmakers are posting strong sales growth, but profitability is weakening as costs rise. Maruti Suzuki recorded a June-quarter sales volume high, yet net profit fell 10.8% year on year and its EBITDA margin narrowed to 8.6% from 12.6%. Tata Motors’ passenger-vehicle revenue jumped 64.8%, but its EBITDA margin was 4.3%. Higher copper and aluminium prices and rising logistics expenses are continuing to squeeze manufacturers’ margins.

On-chain data show whale address 0x2160 is using a lending loop strategy to go long $BNB. The address withdrew 8,474 $BNB ($5.9M) from Binance and deposited it into Venus. It then borrowed 2.6M $USDT from Venus and sent the funds to Binance to buy more $BNB.

USDD said it has expanded its Vault to the Ethereum network, allowing users to mint the USDD stablecoin by depositing ETH or WBTC as collateral. The overcollateralized, user-controlled CDP model sets a minimum collateralization ratio of 130% and a stability fee as low as 4%. The move is aimed at improving capital efficiency by letting users unlock liquidity while retaining upside exposure to the underlying assets. It also positions USDD as evolving from a single stablecoin into a multi-chain yield infrastructure with on-chain yield opportunities.

PTC India Financial Services reported FY2025-26 net profit of ₹319.36 crore, up 47.14% year on year, helped mainly by a ₹(151.03) crore reversal of impairment on financial instruments. Total income fell 18.77% to ₹518.25 crore, while finance costs declined 30.08% to ₹224.49 crore. Asset quality improved, with Gross Stage III loans dropping from ₹711 crore to ₹190.03 crore and net NPAs falling from ₹117 crore to ₹46.98 crore. Disbursements rose to ₹1,235 crore and the capital adequacy ratio increased to 66.63%, while the board did not recommend a dividend.

Grayscale’s Zcash ETF is set to launch on August 25, 2026. Anticipation around the rollout has helped lift ZEC futures open interest above DOGE and BNB.

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