News linked to this event type.
According to FinanceFeeds, Dubai crypto trading platform Quote Trade announced the completion of a $4 million financing round, which will be used to expand support for more blockchains and digital assets, strengthen liquidity partnerships, recruit engineering and trading teams, and continue building infrastructure for human traders and AI trading agents.
Odaily News Crypto brokerage firm Alpaca has announced the completion of a $135 million funding round to expand its tokenized stock infrastructure, connecting traditional U.S. equities to blockchain settlement rails. Alpaca has cleared or custodied approximately 94% of all tokenized U.S. stocks and currently holds over $1.5 billion in underlying stocks on behalf of its partners. Although stocks are tokenized, regulated companies are still required to hold the underlying equities and handle corporate actions, which remains a key constraint in this market.
: AI dining platform Wonder announced the completion of a $650 million financing round, with participation from Accel, Google Ventures (GV), and NEA. New investors include ARK Invest, AllianceBernstein, and Kayne Anderson, with Goldman Sachs, Jefferies, and JPMorgan serving as placement agents. The company is developing an AI platform called "MEL," which automatically plans and orders meals tailored to individual needs by analyzing users' biometric indicators and physical conditions. It is reported that Wonder's post-money valuation has reached $9 billion, and the company plans to launch its initial public offering (IPO) early next year. (Fortune)
AI infrastructure startup Fireworks AI has announced the completion of a $1.5 billion financing round, valuing the company at $17.5 billion. The company, previously backed by NVIDIA, primarily provides developers with cloud-based services for running open-source AI models, helping enterprises deploy AI applications at lower costs. This funding round was led by Atreides Management, Index Ventures, and TCV, with participation from NVIDIA, Evantic, and Lightspeed Venture Partners, among others. Currently, Fireworks processes approximately 40 trillion AI tokens daily. Its clients include companies such as Elastic, GitLab, and MongoDB. Previously, over half of its revenue came from the AI coding tool Cursor, but its client base has since become more diversified. (CNBC)
: Prediction market platform Pascal has announced the completion of a $9 million Series A funding round. The platform aims to create a next-generation prediction market platform for professional traders and institutional users, challenging the current market landscape dominated by Kalshi and Polymarket.This funding round was led by Union Square Ventures (USV), with the specific valuation not disclosed. This financing expands on a $6 million seed round from August last year, with early investors including Wintermute Ventures and DBA.Headquartered in New York, Pascal positions itself as a prediction market platform similar to Kalshi, but aims to offer users lower fees, higher liquidity, and more specialized trading tools through a trading model closer to perpetual futures.Pascal co-founder Ivo Crnkovic-Rubsamen stated that the hope is to establish highly liquid prediction markets for real business risks in the future, allowing companies to utilize these markets for risk management and hedging. (Fortune)
Odaily Bloom Energy, an AI computing power energy infrastructure provider, announced a substantial $1.7 billion project investment, with Industrial Development Funding (IDF) and asset management giant Oaktree participating. It is reported that Bloom Energy will provide Nebius, an AI cloud computing company, with dedicated "behind-the-meter power" capabilities to meet the growing demand for AI computing power. (Prnewswire)
According to BusinessWire, Alpaca announced the completion of $135 million in financing, led by Peak XV with participation from Elefund, and new and existing shareholders also include Opera Tech Ventures and Unbound under the BNP Paribas Group. The company stated that the new funds will be used to accelerate the development of its agent-oriented brokerage infrastructure and API-centric prime brokerage business to support the development and expansion of investment products for traditional and on-chain markets.
Alpaca, an AI and tokenized financial infrastructure provider, has announced the completion of a $135 million new funding round, led by Peak XV, with participation from Elefund, BNP Paribas' venture capital arm Opera Tech Ventures, and Unbound. To date, its total funding has reached $435 million. The new capital will be used to accelerate the development of its AI-native brokerage infrastructure and API-first prime brokerage services, helping fintech companies, banks, brokerages, wealth management institutions, and crypto financial platforms build investment products in traditional and on-chain markets, while also gaining access to more global crypto exchanges, asset tokenization platforms, and financial institutions. (Businesswire)
: The South Korean Financial Services Commission has published a revision draft of the "Enforcement Decree of the Special Act on Prevention of Telecommunications-Based Financial Fraud and Refund of Damages." The plan includes transferring funds from phone scams that have been moved into crypto assets under the scope of victim compensation, and clarifies the standards for returning and valuing crypto assets. The relevant regulations are expected to take effect on October 1st.According to the new regulations, if the frozen assets are cryptocurrencies, victims will, in principle, receive compensation in the same type and quantity of assets. If the defrauded assets differ in form from the frozen assets, compensation will be made in the form of the assets actually existing at the time the account was frozen. In cases involving a mixture of cash and crypto assets, regulators will value the crypto assets based on the market price at the time of freezing to determine the final compensation amount. The South Korean Financial Services Commission stated that clarifying the asset form for return and the valuation time point will facilitate faster and fairer compensation in complex cases where funds from multiple victims are mixed. It is reported that the public consultation period for the revision draft will last until August 24th. (Etoday)
According to Odaily, market analysis indicates that the issuance price for CXMT is 8.66 yuan per share. A lottery share consists of 500 shares, requiring a payment of 4,330 yuan. Under conservative, neutral, optimistic, and highly optimistic valuation scenarios, CXMT's valuation is estimated at 1 trillion, 1.5 trillion, 2.3 trillion, and 4.25 trillion yuan, respectively. Based on this estimated market capitalization range of 1-4 trillion yuan, the corresponding first-day price increase post-listing is projected to fall within a 70%-600% range. Compared to the issuance price of 8.66 yuan, the profit potential per lottery share is approximately between 3,000 yuan and 26,000 yuan.Additionally, CXMT announced that the funds raised will be fully invested in three major domestic storage substitution projects: the upgrade and renovation of the 12-inch DRAM wafer production line, technological upgrades for HBM and automotive-grade storage, and research into next-generation storage forward-looking technologies. (Source: Sina Finance)
QCP Capital 发布报告指出，本周市场最明显的特征是“分歧”：在原油、利率、中国经济和加密货币资金面等领域，表面叙事与底层基本面出现明显背离。加密货币方面，Strategy 调整了融资路径，通过股权融资提升美元储备，而未动用其比特币持仓。
Odaily Bitget has launched a Unified Trading Account (UTA), incorporating over 370 assets, including 100 US stock tokens (rTokens), into a unified margin pool. Under this mechanism, users' held US stock tokens (rTokens) not only entitle them to stock dividends but can also serve as margin and collateral for borrowing, further enhancing capital efficiency.The first batch of US stock tokens included in the margin system covers 100 mainstream underlying assets such as Apple (rAAPL), Nvidia (rNVDA), and Tesla (rTSLA), with discount rates set according to asset tiers, reaching up to 95%. As the product evolves, Bitget will continue to expand the list of assets eligible for margin and leveraged trading, further bridging the liquidity gap between traditional financial assets and the crypto trading ecosystem.
According to TechFlow Research, Morgan Stanley pointed out in its TMT webcast on July 14 that Asian memory stocks have pulled back 15% to 25% over the past month, while the chip sector overall traded sideways. Fundamentals have not reversed; it is the valuation framework that is shifting. Three key variables determine the direction: CSP capital expenditure expectations are 30% to 37% above consensus, with the end of July earnings season serving as the first validation window; LTAs are easing fears of a cyclical downturn, with price floors raised after more than half of contracts are locked; Yangtze Memory Technologies Fab4 and Fab5 each plan approximately 100kwpm capacity. If capital expenditure discipline is maintained, tight NAND supply and demand can continue until 2028; if capacity expansion accelerates, it becomes the biggest oversupply risk. Morgan Stanley assesses that the pricing logic for memory stocks is shifting from cyclical high volatility to structural mid-to-high returns; companies that can prove they possess sustainable profitability will command a valuation premium.
According to Cailian Press, if one wins an allocation in Changxin Memory Technologies' current issuance, one lot consists of 500 shares, requiring a payment of 4,330 yuan. Under four valuation scenarios—conservative, neutral, optimistic, and super-optimistic—the corresponding valuations for Changxin Memory Technologies are 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan. Based on the estimated market cap range of 1 trillion yuan to 4 trillion yuan mentioned above, the corresponding first-day gain after listing falls within the 70%-600% range. Compared to the issue price of 8.66 yuan, the profit potential per winning lot is approximately between 3,000 yuan and 26,000 yuan. In addition, Changxin Memory Technologies announced that the funds raised this time will be fully invested in three major domestic substitution projects for storage, namely the upgrade and transformation of the 12-inch DRAM wafer production line, the technology upgrade of HBM and automotive-grade storage, and the forward-looking technology R&D of next-generation storage.
Digital asset prime broker FalconX will acquire blockchain infrastructure company bloXroute. By combining bloXroute's network technology with FalconX's institutional trading platform, FalconX will accelerate the development of new trading, financing, and prime brokerage capabilities.
: The Governor of the Bank of Tanzania, Emmanuel Tutuba, stated that the central bank is finalizing the legal and regulatory framework for digital assets, with the scope of regulation covering virtual assets, cryptocurrencies, and stablecoins, in order to strengthen oversight and supervision. Emmanuel Tutuba noted that many young people are investing in related fields, and the central bank has received complaints from individuals incurring losses in cryptocurrency-related transactions. The new rules will be used to protect investors in Tanzania. He added that the new regulations will also address the risks of money laundering, terrorist financing, and other illegal activities associated with virtual assets, requiring entities involved in such activities to operate in accordance with the forthcoming guidelines.
According to Bloomberg, humanoid robot startup Walden Robotics, spun off from Toyota's robot research lab, announced the completion of approximately $300 million in seed funding, reaching a valuation of $1.1 billion, and officially emerging from stealth mode. This round was co-led by Deviation Capital and Toyota Motor Corporation, with Toyota's strategic investment and early venture capital arm also participating. Nvidia, Boeing, AE Ventures, Samsung Ventures, and CoreWeave Ventures participated as investors. Headquartered in Cambridge, Massachusetts, Walden Robotics was founded in January this year. It independently develops hardware, software, and AI models, focusing on building general-purpose humanoid robots capable of continuous learning and evolution in real-world environments, currently primarily deployed in the manufacturing and logistics sectors. The company has launched multiple commercialization projects, including a pilot program at a Toyota factory in North America, where robots work alongside human teams to complete 8-hour shifts daily, handling repetitive tasks such as parts loading and unloading, machine cleaning, and equipment preparation. Morgan Stanley predicts that the global humanoid robot market size is expected to surpass $5 trillion by 2050.
According to The Block, crypto liquidation platform Glacis Labs announced the completion of a $6.8 million seed funding round led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures. The financing was completed in the form of equity with token warrants.
Tim Draper, founder of Draper Associates, stated that his early decision not to invest in Coinbase was due to his judgment that widespread retail crypto adoption would still take a considerable amount of time, rather than a lack of belief in Coinbase co-founder and CEO Brian Armstrong.Tim Draper revealed that at the time, he had already invested in the early Bitcoin company Coinlab, which is why he initially did not invest in Coinbase. His son, Adam Draper, disagreed with this assessment and wrote the first check to Brian Armstrong. Tim Draper subsequently participated in Coinbase's next funding round. Coinbase was later founded by Brian Armstrong and Fred Ehrsam and grew into a crypto platform, listing on Nasdaq under the ticker symbol COIN.Tim Draper stated that Coinbase has become one of the representative investments of Draper Associates Fund V, with the returns from Coinbase alone nearly doubling the overall size of the fund.
According to PR Newswire, U.S. permanent capital company ORANGE JUICE (@orangejuice_btc) announced the completion of a $40 million financing round, committed to acquiring, improving, and holding U.S. small and medium-sized enterprises long-term, while using Bitcoin as a treasury reserve. The company was founded by core members of ego death capital, including Jeff Booth, Lyn Alden, Nico Lechuga, and Andi Pitt, among others. Mexican billionaire and Grupo Salinas founder Ricardo Salinas participated as an anchor investor. Unlike traditional private equity, ORANGE JUICE is not limited by fund cycles, focusing on the long-term operational health of enterprises. Initially, it will acquire stable profitable enterprises with annual cash flow between $1 million and $10 million. Business cash flow will be used for reinvestment in acquisitions or to replenish the Bitcoin treasury. The company plans to seek a public listing in the future.