Welcome to the ReFi Playbook — by RegenX 🌿🔆

Hi, I’m Ishan — founder of RegenX and curator of the ReFi Playbook. Whether you’re new here or have been following since our first issue, thanks for tuning in.

The ReFi Playbook is your insider look at the fast-growing world of tokenized real-world assets (RWAs) for climate-positive projects. Each week, I share a curated mix of market moves, project deals, and tools driving the intersection of sustainable finance, Web3, and regenerative finance (ReFi).

Our goal is simple: help you navigate this evolving space with clarity, purpose, and impact.

If this isn’t for you, feel free to unsubscribe anytime — but if you’re curious about where tokenization and climate investing meet, you’ll want to stick around.

Here’s what we’ve got for you today:

• Market Rundown

• Global Headlines

• Chart of the Day

• Education: Article of the Day

• Events & Pitches

Market Rundown

Global Headlines

• U.S. stocks closed sharply lower on Friday, with the Dow Jones Industrial Average falling over 700 points (−1.7%), the S&P 500 down nearly 2%, and the Nasdaq Composite sliding 2.7%. The sell-off was fuelled by rising inflation concerns, deteriorating consumer sentiment, and escalating trade tensions as the U.S. prepares to introduce sweeping new reciprocal tariffs on April 2.

• Consumer confidence also took a hit, with March sentiment dropping to 57 — the lowest reading since November 2022 — down sharply from 64.7 the previous month, reflecting growing worries about inflation and the broader economic outlook.

• Federal Reserve officials have acknowledged the risk of stickier inflation and slower growth ahead, especially as tariff uncertainties intensify. While the economy expanded at a solid 2.4% annualized rate in Q4 2024, doubts are mounting over the sustainability of this momentum as trade headwinds loom.

  

• Crypto markets declined sharply on Friday, wiping out gains from earlier in the week. The downturn mirrored the broader stock market sell-off, triggered by weak economic data and growing concerns about the health of the economy.

  

  Chart source - Coindesk

Chart of the Day

Gold Technical View — 30 March 2025
Below is a chart of Gold (XAU/USD) in a solid uptrend, recently breaking out to fresh highs around $3,085. Price action has respected the ascending channel (highlighted by the red dashed lines) since late 2024, with each retracement finding strong support along the lower boundary. The latest breakout above the midline of the channel and the strong momentum suggests a continuation towards the upper resistance zone near $3,100–$3,150. The volume profile also shows sustained buying interest during the recent rally. Technically, gold remains a buy on dips within this structure, with the trend favouring further upside as long as price holds above $2,960.

The VIX Index (Frear Index) Technical View — 30 March 2025
The VIX, often referred to as the "Fear Index," rose to 21.65 after rebounding sharply from the 17 level earlier this month. This marks the third notable volatility surge since late 2024, following previous peaks in December and March. The move reflects heightened market uncertainty driven by weakening consumer sentiment, renewed inflation pressures, and geopolitical tensions. While still below the extreme levels seen during past crises, the VIX is now signalling elevated caution among investors as we head into Q2. It hasn’t reached panic levels yet (around 30), but it’s something to be mindful of.

What’s happening in the world of RWA?

The Real-World Asset (RWA) space continues to heat up as traditional finance and crypto converge. This week, we’re seeing strong signals of momentum:

• Plume, a tokenization startup, secured $20 million to build a dedicated RWA finance ecosystem. Impressively, over 180 projects are already developing on Plume's infrastructure, showing early demand for blockchain-native RWA rails.

• Securitize introduced its new sToken Vault, unlocking improved liquidity and composability for tokenized assets. The vault will power Elixir’s “deUSD RWA Institutional Program,” providing more efficient capital flow into tokenized assets.

• Franklin Templeton, one of the world's largest asset managers, is expanding its $410 million OnChain U.S. Government Money Fund onto Ethereum. This is another major step from TradFi into blockchain-powered capital markets, reinforcing the credibility and growth of the RWA sector.

From tokenized treasuries to DeFi-integrated RWAs, the space is evolving fast — and institutional interest is no longer just a trend, it's becoming reality.

Web3 for Impact and Sustainability

How Blockchain is changing the way we invest in the planet by making sustainable investing more transparent, fair, and impactful

The world is facing some pretty big challenges... climate change, pollution, biodiversity loss, and the Tesla Cybertruck. But alongside these challenges, something powerful is happening, a new way of thinking about the internet, money, and how we solve global problems. It’s called Web3, and it’s helping create real change by making sustainable investing more transparent, fair, and impactful.

So, what is Web3?

Think of Web3 as the next version of the internet, but instead of big companies owning everything, Web3 is decentralised. This means, that there are no central power brokers that control everything. Instead, regular people like you and me can have more control, more access, and more say in how things work.

At the heart of Web3 is blockchain and digital ledger technology. The tram lines or infrastructure that's been built to record secure and transparent data. It tracks everything, from money to environmental impact. And that’s where things get exciting for sustainability.

The Problem with Traditional Green Investing

Let’s say you're an investor that wants to help the planet by investing in renewable energy or tree-planting projects. You Google “ESG” (Environmental, Social, and Governance) or Climate funds that claim to be sustainable. But here’s the problem: Greenwashing.

Greenwashing is like biting into a tasty green apple, but finding out it's a lemon on the inside. It's when companies say they’re eco-friendly, but behind the scenes, they’re still investing in coal, oil, or other damaging industries. In fact, studies show that 72% of ESG funds fail to meet their climate goals. So, investors are being misled — and the planet doesn’t get the help it needs.

Enter RegenX: A Web3 Solution for Real Impact

This is where RegenX steps in — a Web3-powered investment platform that makes impact investing real, trackable, and greenwash-free.

RegenX lets climate-positive projects (like solar farms, reforestation, or biodiversity initiatives) list their projects on our platform. These projects are then verified, vetted, and then "Tokenized" which means they’re turned into digital assets that investors can buy.

Sounds a bit like crowd funding, doesn't it? Well, that's because it is. It's crowd funding 2.0 with bells and whistles.  

With RegenX, you can own a fraction of a real clean energy or conservation project — like a piece of a solar farm in regional Australia. And thanks to blockchain, you can track the exact impact of your investment: How much energy it's producing, how many tonnes of carbon it’s offsetting, and how it’s helping local communities.

Building Trust, Fighting Greenwashing

RegenX is more than a platform — it’s a movement to restore trust in green investing. By using blockchain and real-time data (like IoT sensors that track emissions or biodiversity), RegenX proves that impact is measurable, meaningful, and not just marketing fluff.

It also helps regulators and auditors verify environmental claims, building a more honest system. In the future, investors might even get carbon credits and impact-linked rewards automatically — all thanks to Web3.

The Future is Bright and Green

Web3 is not just about NFT's, crypto or digital art. It’s about giving people the tools to fund the future they believe in. Platforms like RegenX show that technology can be a force for good, helping us solve the climate crisis with clarity, fairness, and innovation.

We’re still early, but one thing’s clear: The future of sustainability is on-chain, and everyone can be part of it. 

RegenX Pitches at the Wholesale Investor Roadshow for GITEX GLOBAL

What an incredible experience it was to pitch at the GITEX GLOBAL x Expand North Star Melbourne Roadshow🎤✨

It was a fantastic experience pitching RegenX last week at the GITEX GLOBAL x Expand North Star Melbourne Roadshow, one of the key events leading up to the world's largest tech and startup show.

We had the opportunity to present our mission of unlocking climate-positive investment opportunities using blockchain to a room full of investors, founders, and ecosystem leaders from Australia and the UAE.

With Dubai emerging as a powerhouse for Web3, climate tech, and impact investing, this event was the perfect stage to showcase RegenX and connect with those driving innovation and sustainability globally.

Thanks to the Wholesale Investor team and GITEX for hosting such a high-quality event — looking forward to what’s next!

Ishan Dan
(CEO RegenX)