Gate News, on March 19, gold prices recently broke below the $4,600 mark. Market analysts believe that the surge in U.S. Treasury yields (an indicator measuring bond investment returns) and the Federal Reserve's (the U.S. central bank) delayed interest rate cut expectations are the main factors putting pressure on precious metals prices.

Gate News report: On March 18, CoinShares announced a strategic partnership with Kiln to launch the first on-chain asset management strategy utilizing its Railnet protocol. The strategy combines DeFi protocol yields with tokenized real-world asset (RWA) yields, expanding to six different yield sources covering returns from DeFi lending protocols, institutional collateralized loans, tokenized bond funds and bond ETFs, as well as neutral basis strategies.

Hong Kong provides guidance for the bond market, promotes the application of tokenization technology, and explores electronic signatures and the electronicization of bearer bonds. Experts believe this is an important breakthrough in promoting the integration of digital currency and traditional finance, clarifying the legal validity of distributed ledgers and achieving the connection between traditional finance and digital assets.