News linked to this event type.
According to Businesswire, Solmate Infrastructure, a Solana treasury company listed on Nasdaq, announced the issuance of a total of 2,298,000 shares of Class B common stock via a registered direct offering. The offering price is $4.97 per share, raising approximately $11.4 million in gross proceeds. The transaction is expected to close around May 27, 2026, subject to customary closing conditions.
: AI live streaming prediction platform K25.ai announced the completion of a Pre-A strategic funding round with a post-money valuation of $100 million. This round was led by NewGenIVF, with a total financing scale of $10 million, including an initial investment of $2 million. K25.ai is currently exploring potential capital market pathways, including strategic transactions or reverse mergers, but emphasized that there are currently no definitive plans for a listing. (stocktitan)
According to PR Newswire, K25.ai announced the completion of a $100 million Pre-A strategic funding round, led by Nasdaq-listed NewGenIVF Group Limited (NIVF), which initially invested $2 million and secured an option to increase its investment up to $10 million. K25.ai stated that the two parties have also entered into an exclusive APAC distribution agreement, and K25.ai’s co-founders will join NIVF’s Board of Directors. K25.ai is an AI-native live-streaming and “watch-to-predict” platform targeting the APAC market and is evaluating potential listing pathways, including strategic transactions and reverse mergers.
Guy Wuollet, General Partner at a16z Crypto, wrote that the financial industry is undergoing a “digital migration” analogous to the cloud computing era—and blockchain is emerging as the core infrastructure driving this transformation. Wall Street’s adoption of blockchain is not motivated by the ideology of “decentralization,” but rather by practical needs: mitigating counterparty risk, improving settlement efficiency, and ensuring fair ordering mechanisms. “Digital assets,” in essence, represent the migration of the financial system’s underlying architecture onto blockchains—akin to how enterprise IT systems shifted from on-premises deployments to cloud services. When financial assets run on programmable, shared infrastructure, they unlock “composability”—a defining advantage enabling assets to be freely combined and extended like software. This significantly reduces development costs and boosts overall innovation efficiency across the financial system. This trend will propel traditional finance from “closed reconciliation systems” toward “on-chain coordination networks,” and blockchain technology will gradually become a standard component of the financial infrastructure layer.
According to The Block, Foundation, a Bitcoin hardware wallet manufacturer, has raised $6.4 million in funding. The round was led by Fulgur Ventures, with participation from Arche Capital. The company plans to accelerate its expansion from Bitcoin self-custody wallets into identity authentication, multi-factor authentication (MFA), and AI agent authorization. Following this round, Foundation’s total funding has reached $16.5 million. Meanwhile, Foundation has announced the full commercial launch of its flagship device, the Passport Prime, and opened its KeyOS platform SDK to developers. The device integrates a Bitcoin hardware wallet, FIDO security key, 2FA storage, secure vault, and 50 GB of encrypted storage.
According to TechFundingNews, crypto financial infrastructure firm Cycles has announced the completion of an $6.4 million seed funding round, led by Blockchange Ventures, with participation from Coinbase Ventures, Compound VC, and Primitive Ventures. Following this round, the company’s total funding has reached $8.7 million. Cycles aims to build a private clearing network for crypto markets and enhance capital efficiency through its “clearing network” mechanism. By leveraging zero-knowledge proofs and trusted execution environments, the network enables multilateral netting settlement—reducing counterparty risk and minimizing liquidity usage.
DDC Enterprise Limited, a Bitcoin treasury company listed on the New York Stock Exchange, announced an additional purchase of 200 Bitcoins, bringing its total holdings to 2,583 and further strengthening the crypto asset allocation on its balance sheet.The average cost of this transaction was approximately $79,496 per coin. The company stated that no new shares were issued for this purchase. Without equity dilution, the Bitcoin holdings per 1,000 shares increased by 8.4% to 0.0543 BTC.According to the disclosure, DDC's BTC yield since the beginning of the year has reached 36.6%. With its current scale, the company ranks among the top 30 publicly listed companies globally in terms of Bitcoin holdings. The company emphasized that the closed loop of "value-added financing + value-added allocation" has been completed and plans to continue increasing BTC holdings in the coming weeks and months. The specific pace will depend on liquidity and balance sheet conditions, rather than short-term price fluctuations. (Businesswire)
According to Bloomberg, the three founders of Manus are exploring multiple options to comply with Beijing’s requirement to unwind Meta Platforms Inc.’s acquisition of the company—including raising approximately $1 billion from external investors to repurchase the China-founded AI firm. Sources familiar with the matter said the three founders are in discussions regarding a funding round valued at no less than the $2 billion Meta paid; the founders may also personally fund the remainder of the transaction. If this plan moves forward, the next step could involve first establishing a China-based joint venture with relevant investors, followed by an IPO in Hong Kong.
on-chain card trading platform Fantasy.top has announced its decision to shut down after months of deliberation and exploring other options. Co-founder Kipit stated that the core reason for the failure was building crypto technology on top of a trading card game model, as the two are fundamentally incompatible. Crypto trading card games place financial value as the primary entry point for players, attracting investors rather than gamers. This leads the project to become about managing an economy rather than building a game. Furthermore, Kipit pointed out that issuing tokens before achieving product-market fit is toxic.In response to earlier accusations of refusing refunds, the official statement reiterated that since the business was self-funded through product revenue, investor funds were never touched. All pre-seed and seed round investors will receive full refunds. (theblock)
According to the official announcement, Bybit has launched pre-market perpetual contracts for SpaceX (SPCX/USDT), offering up to 10x leverage. SpaceX is scheduled to officially list on the Nasdaq on June 12 under the ticker symbol SPCX, with its IPO aiming to raise up to $75 billion. For more details, please visit the Bybit official platform.
BNB Smart Chain project IOTrader has announced the completion of a $3.8 million strategic funding round, led by Animoca Brands and ViaBTC Capital, with participation from Everwood Capital, CANDAQ, WAGMI Ventures, Credit Scend, and Web3 Labs. The project primarily focuses on integrating perpetual futures, prediction markets, custom event markets, and AI-assisted trading into a single wallet experience on the BNB Smart Chain.To date, the platform's cumulative trading volume has surpassed $1 billion, and its smart contracts have undergone third-party security audits. Its token whitepaper has been notified to the Central Bank of Ireland under the EU MiCA framework. (businessinsider)
Syndicate Labs stated that after five years of developing on-chain infrastructure for customizable Ethereum Rollups and sequencers, the company has decided to shut down due to a drastic contraction in the Rollup market. Syndicate Labs previously completed a $20 million Series A funding round led by Andreessen Horowitz in 2021.This decision caused the SYND token price to drop 21% in the past three hours, hitting an all-time low of $0.012, a 99.5% decline from its peak of $2.61 in September 2025.Additionally, Syndicate Labs stated that the Syndicate Network Collective operates independently of Syndicate Labs, so the governance of the SYND token will not be immediately affected. The decision to shut down was not influenced by the previous hacking incident involving bridged assets.
According to Bloomberg, prediction market platform Kalshi Inc. has added two new institutional investors, raising an additional $200 million and bringing the total funding for this round to over $1.2 billion. The newly added investors are Layer Global, led by Anton Levy, and the prominent asset management firm Baillie Gifford—both of which are investing in Kalshi for the first time.
sources revealed prediction market platform Kalshi has raised an additional $200 million from Baillie Gifford and Layer Global, further expanding the $1 billion funding round previously led by Coatue Management, while maintaining a company valuation of $22 billion.Earlier this month, Kalshi announced the completion of a $1 billion Series F round, with participants including Sequoia Capital, a16z, IVP, Paradigm, Morgan Stanley, and ARK Invest.Data shows that Kalshi's monthly trading volume in April exceeded $14 billion, with annualized revenue surpassing $1.5 billion. (Bloomberg)
According to The Wall Street Journal, Anthropic disclosed to investors that its revenue for Q2 2026 is expected to surge 130% year-on-year to $10.9 billion, marking its first-ever operational profitability. These figures were released as part of the company’s ongoing new funding round; upon completion, Anthropic’s valuation is poised to surpass that of OpenAI. Analysts note that this earnings outlook challenges the widespread skepticism about AI companies’ ability to achieve short-term profitability amid substantial expenditures.
Monitoring by Odaily Seer Prophet Channel shows that on predict.fun, the probability of "Variational's FDV market cap exceeding $500 million one day after opening" has risen to 57%, up 12% in 24H. Additionally, the probability of "Variational's FDV market cap exceeding $800 million one day after opening" has risen to 36%.Last night, Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures.Odaily Seer Prophet Channel continues to monitor the prediction market — seeing changes before they are priced in.
According to DefiLlama data, Variational's open interest exceeds $800 million, ranking fourth in the Perp DEX sector. Notably, among the top five Perp DEXs by open interest, Variational is the only platform that has not yet issued a token.Previously, it was reported that last night Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital.
According to a report by WSJ, Anthropic's revenue is expected to reach $10.9 billion in the second quarter, more than doubling from $4.8 billion in the first quarter, and the company is projected to achieve operational profitability for the first time. However, due to its massive computing power demands, profitability may not be sustained throughout the entire year. The operating profit calculation has already factored in costs for training new models but excludes stock-based compensation expenses.As part of an ongoing funding round, Anthropic disclosed these figures to investors. This funding round is likely to push its valuation above that of OpenAI.Last summer, Anthropic shared financial data with investors, which at the time indicated that the company would not achieve full-year profitability until at least 2028.
According to CoinDesk, cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million and has engaged Wall Street investment bank Cantor Fitzgerald to assist with the transaction. Copper’s core asset is its ClearLoop custody-based settlement system, which enables institutional clients to execute delivery versus payment (DvP) transactions without moving assets on-chain, effectively eliminating settlement risk. The company currently boasts over 1,000 active counterparties and processes over $50 billion in notional trading volume monthly. Copper had previously considered an IPO, but the broader crypto IPO market has entered a wait-and-see phase amid sluggish Bitcoin prices and the capital-attracting effect of the AI sector.
Odaily Odaily Mars Finance reported that SpaceX, under Elon Musk, has announced plans for its largest-ever IPO, providing investors with a comprehensive breakdown of the company's financial details, which encompass rocket launches, satellite broadband, and artificial intelligence businesses. According to the prospectus filed with the U.S. Securities and Exchange Commission (SEC) on Wednesday, the company reported sales of $4.7 billion in the first three months of this year and an operating loss of $1.9 billion. Musk will hold 85.1% of the voting rights after the IPO. The company also plans to conduct mining operations on near-Earth asteroids. The filing also shows that Anthropic will pay SpaceX $1.25 billion per month until May 2029. Although the offering size and proposed valuation have not been disclosed, media reports have previously stated that SpaceX discussed raising approximately $75 billion at a valuation of $1.75 trillion. SpaceX will be listed on the Nasdaq under the ticker symbol SPCX. (Jinshi)