
ARB jumps 28% on SEC exemption and record tokenized funds on Arbitrum
- —ARB gained 28% on Friday and more than 70% for the week
- —Tokenized funds on Arbitrum reached a record $979.93 million
- —The SEC granted a five-year exemption for trading tokenized stocks
- —RSI at 78 signals overbought conditions
Why it matters: The rally shows demand for Arbitrum as infrastructure for tokenized assets after the SEC decision, which could accelerate RWA inflows into the network.
Source: FXStreet Crypto