$IOST Price Jumps After $21M Funding to Boost RWA Growth

IOST, a multi-chain ecosystem for real-world asset (RWA) infrastructure, surged 12% after raising $21 million from top crypto VCs like DWF Labs and Presto. The token hit $0.00424—its highest since May 23—while daily trading volume soared over 760% to $74M. Open interest also spiked 92% to $15M.

The funding will support IOST’s expansion in RWA 3.0, ecosystem integration, and product rollouts. Recent partnerships with AWE and Matrixdock aim to tokenize U.S. Treasury bills, gold, and bring AI-powered financial tools on-chain.