Propbase reaches a record 125M PROPS staked during its Ascend Month campaign, launching new staking pools, Ethereum bridge, and gearing up for top CEX listings.
Author: Tanishq Bodh
Written On: Wed, 06 Aug 2025 12:56:26 GMT
August 6, 2025 – Real-world asset tokenization platform Propbase has hit a major milestone, announcing over 125 million PROPS tokens staked, which equals 29% of its circulating supply. This achievement, involving 1,375 users and a total staked value of approximately $3.82 million, marks a surge in community trust and engagement as the company rolls out its largest campaign to date—Ascend Month.
The 30-day marketing initiative launched in August is designed to elevate the PROPS token across the broader RWA and DeFi ecosystems. With four major weekly events lined up, the first phase—bridging PROPS to Ethereum—is set to go live on August 8 at 11:00 AM UTC, allowing Propbase users to tap into Ethereum’s $429B DeFi liquidity.
Future Ascend Month milestones include:
This aggressive rollout underscores Propbase’s ambition to lead the RWA sector on multi-chain infrastructure and accessibility.
Fueling this growth is Propbase Yield, the staking arm audited by Certik and Hacken. On August 5, the team introduced Ascend Staking Pools 2.0, building on strong demand from earlier rounds.
The new staking options include:
The upgrades offer an attractive entry point for retail investors, many of whom joined through the company’s newly expanded ambassador program, which received 300+ applications within 24 hours.
Founded by Kevin Goos, Propbase leverages the Aptos blockchain to tokenize real estate across Southeast Asia. Key features include:
Propbase is already backed by high-profile partnerships such as Siamese Asset PLC, a $500M firm.
As of August 6, PROPS trades around $0.0305, with over 60,000 holders and 30% staking penetration. The token is gaining traction in both the DeFi and RWA investor circles.
The roadmap for late 2025 includes:
Analysts project PROPS could reach $0.056 by year-end, driven by the current staking momentum and expanded utility.
Propbase is among the first RWA platforms on Aptos to bridge assets to Ethereum, opening access to a DeFi ecosystem nearly 50x larger than Aptos itself.
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