OSL Research Daily Brief | Jan 23, 2026

1. Overnight BTC Drop: BlackRock sold off BTC and ETH. US stocks rebounded, while gold hit a record high of $4,967/oz. US Q3 GDP growth was revised upward to a two-year high.

2. BlackRock Report: Ethereum holds a 66% market share in RWA tokenization, and the iShares Ethereum ETF has reached $11 billion in AUM.

3. Thailand SEC: Preparing new regulations to support crypto ETFs, futures trading, and tokenized products, with guidelines set to be released early this year.

4. CZ at Davos: Stated he is discussing national asset tokenization with over a dozen governments and noted that AI agents will use cryptocurrency for payments in the future.

5. Circle CEO: Stablecoins are the only ideal payment layer to support transactions for billions of AI agents.

6. PwC Report: Institutional crypto adoption is now "irreversible," with stablecoins becoming embedded in bank payment and settlement processes.

7. South Korea Investigation: Prosecutors in Gwangju lost approximately $49 million in seized Bitcoin, suspected to be caused by accessing a phishing site.

8. Ruble Stablecoin A7A5: After facilitating over $100 billion in transactions to help Russia evade sanctions, it has been sanctioned by multiple countries, causing daily trading volume to plummet.

9. Pantera Prediction: A major shake-up for Digital Asset Treasuries (DATs) is expected in 2026, with BTC/ETH allocations concentrating among a few giants.

10.US Gen Z: 37% hold crypto assets, and 22% trust cryptocurrency more than banks.