News linked to this event type.
Odaily News: Market reports indicate that SpaceX (SPCX.O) credit derivatives have begun trading following its first bond issuance.
Jiang Zhuo’er stated that the significant deviation of MicroStrategy’s preferred stock STRC price from its par value reflects a decline in U.S. market investors’ risk appetite for Bitcoin. He believes that although MicroStrategy can still raise funds by issuing additional common shares, doing so when the price-to-book ratio falls below 1 would dilute the Bitcoin holdings per share—a costly move.
After completing a large-scale initial public offering, SpaceX swiftly launched a roughly $25 billion bond issuance, raising market concerns about high-level financing and liquidity risks. Ludovic Subran, Chief Investment Officer at Allianz Group, stated that companies following equity financing with large-scale debt financing reflects a possible shift in today’s capital markets—from a boom phase into a bubble zone.
tonight, DeepSeek officially released recruitment information, stating that humanity is on the eve of AGI and inviting candidates to join DeepSeek to witness the development process of AGI. The recruitment information shows that open positions include full-stack development/algorithm, AI core system R&D, operations, product, model data strategy product manager/engineer, deep learning researcher, and functional departments. Work locations include Beijing and Hangzhou.Previously, several DeepSeek employees had been posting recruitment ads for various talents on platforms like Xiaohongshu and X, such as HR@一只大蜗牛 and Cui Tianyi from the Harness group. Earlier still, DeepSeek announced the completion of over $7 billion in financing, with a valuation exceeding $50 billion. The financing amounted to approximately RMB 50 billion, with Liang Wenfeng personally contributing RMB 20 billion. This large-scale recruitment may indicate a further escalation in the intensity of the domestic AI talent war, as AI professionals are entering a period of high market demand.
: AI Agent infrastructure project Orthogonal announced the completion of a $4.3 million seed funding round, led by Pantera Capital, with participation from Y Combinator, Pioneer Fund, Decasonic, Blast, Outbound, Surreal, and other institutions.Orthogonal positions itself as the underlying internet discovery, orchestration, and payment infrastructure for AI agents. The platform provides AI Agents with a full suite of capabilities including service discovery, cross-tool automated task orchestration, and on-chain instant payments. It is reported that the funds raised in this round will be used for core platform iterative development, expanding the engineering and marketing teams, continuously growing the platform's developer base, and improving the interconnected AI Agent ecosystem. (Prnewswire)
AI Agent infrastructure company Sail Research has announced the completion of an $80 million Seed and Series A funding round, led by Kleiner Perkins and Sequoia Capital, with participation from Redpoint Ventures, CRV, Theory Ventures, and others. Sail Research focuses on building infrastructure for AI Agents, aiming to address the computational power, cost, and operational limitations of current AI systems in long-duration, multi-step tasks. Its API is compatible with the OpenAI interface and supports mainstream open-source models such as DeepSeek and Gemma. (PRNewswire)
Odaily Odaily Planet Daily reports that global semiconductor companies are seeking opportunities for valuation restructuring during this cyclical upturn. SK Hynix's issuance of ADRs in the United States can be seen as one of the landmark moves, which is also expected to trigger follow-ups from more companies within the industry. Jefferies stated that Samsung Electronics may follow SK Hynix's lead by listing ADRs to enhance its valuation. He also added that chip stocks are at a turning point, and ADRs will serve as an important catalyst to drive their valuations. (Moomoo)
Odaily AI infrastructure company Neurometric AI announced it has completed a $4 million funding round, with participation from Betaworks, ex-Ante, Everywhere.vc, and other institutions. The company has simultaneously launched an automated Token engineering platform, which is primarily used to coordinate and optimize the operational load of AI Agents, achieving full-process cost control and performance enhancement for agents. It aims to solve industry pain points such as high Token consumption and inefficient computing resource scheduling under large-scale AI agent deployment. It is reported that the $4 million raised will be fully utilized to expand the engineering development team and the frontier AI research team. (PRNewswire)
Odaily Planet Daily reported that NASDAQ-listed SUI Group Holdings Limited announced the expansion of its strategic lending partnership with Bluefin, a decentralized exchange on the Sui ecosystem. According to the revised digital currency loan agreement, SUI Group will lend an additional 4 million SUI to Bluefin, bringing the total loan size to 6 million SUI. At the same time, the company has increased the revenue sharing ratio from the original 5% to 11%, payable in SUI. The new funds will be used to support Bluefin's participation in the financing transaction for Bluewater's acquisition of Suilend, the latter being the largest lending and DeFi platform on the Sui blockchain. (Businesswire)
Odaily Odaily, Nasdaq-listed Ethereum treasury company Sharplink announced it has signed a securities purchase agreement to sell 10,013,400 common shares and corresponding warrants for 10,013,400 common shares, raising a total of approximately $75 million. The funds will be used for working capital, continuing to accumulate ETH assets, and repurchasing company shares under the stock buyback program.Sharplink also disclosed that as of June 16, the company held a total of 875,776 ETH. (B2i)
cloud computing startup Runpod has announced the completion of a $100 million funding round and stated it has rejected multiple acquisition offers. Specific investor information has not yet been disclosed. The company focuses on providing GPU computing power rental services for developers, supporting open-source models and AI application deployment. Currently, this sector generally relies on NVIDIA GPU servers for computing resources. As AI applications expand, market demand for low-cost, highly flexible computing infrastructure continues to rise, driving up both the valuations and funding activity of cloud service providers like Runpod. (The Information)
Odaily reports, Deep Value Memetics posted an analysis on X platform, pointing out that Micron Technology may currently be exhibiting an atypical semiconductor valuation structure: as earnings per share (EPS) rise, the valuation multiple the market assigns is simultaneously expanding.Currently, Micron trades at approximately 22 times PE, below the S&P 500 (SPY) average of about 22 times, and also significantly lower than the semiconductor index (SOX) at roughly 26 times. In previous cycles, analysts typically assigned lower valuation multiples during the peak earnings phase. However, as the "de-risking" process advances, this "show-me" narrative is shifting. The market may be entering a new phase of "EPS growth → valuation multiple expansion," leading to exponential valuation revaluation. If EPS reaches $200 and is assigned a 20 times valuation, Micron's stock price could point toward the $4,000 level.
Polymarket-backed AI data analysis platform Polysights announced the completion of a $1.5 million Pre-Seed funding round, with participation from YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures. The platform is currently in its Beta stage, and the new funds will support its use of AI technology to detect wallet clustering behavior, abnormal market fluctuations, and potential insider trading signs, providing data analysis support for traders, research institutions, and institutional investors (CNBC).
Animoca Brands has announced a strategic investment in AllScale, a stablecoin payment infrastructure company. The specific investment amount has not been disclosed yet. The partnership will explore the application of stablecoin payment solutions across Animoca Brands' portfolio of over 600 companies, and advance autonomous payment scenarios for AI Agents.
According to an analysis published by Deep Value Memetics, Micron Technology may currently be exhibiting an atypical semiconductor valuation structure: its earnings per share (EPS) are rising while its market valuation multiple is simultaneously expanding.
prediction market platform Kalshi is in talks to raise a new round of funding at a valuation of approximately $40 billion, with a potential deal closing as early as the third quarter. Last month, Kalshi completed a $1 billion funding round from investors including Sequoia Capital, Andreessen Horowitz, Coatue, and Morgan Stanley, at a valuation of $22 billion.Kalshi CEO Tarek Mansour stated that the company is considering an IPO, but it will not go public in 2026, with a potential listing likely no earlier than late 2027 or 2028. Kalshi reported that as of April 2026, its annualized trading volume reached $178 billion, a 32-fold increase year-over-year.Kalshi is currently embroiled in a legal dispute between U.S. state and federal regulators over the oversight of prediction markets. The controversy includes whether sports event contracts constitute derivatives regulated by the CFTC or illegal gambling. CME has sued the CFTC over its approval of Kalshi's "perpetual" futures, Kentucky sued Kalshi and Polymarket this month, and the CFTC subsequently sued Kentucky to block its enforcement action. (Decrypt)
According to Cointelegraph, Indonesia’s Financial Services Authority (OJK) issued Regulation No. 6, requiring individuals who recommend cryptocurrencies and other digital financial assets on social media platforms to obtain relevant competency certification—except for those already subject to other licensing requirements. The new regulation also stipulates that recommended assets must be listed exclusively on authorized exchanges, and all service providers involved must hold valid licenses.
According to CoinDesk, MemeCore ecosystem token M experienced a sharp decline, with its market capitalization dropping nearly $3 billion in a single day. As of now, the project has not issued a public statement regarding the token’s crash, sparking dissatisfaction within the community.
: South Korea's SK Securities continues to believe that the memory re-rating process is still in its very early stages. SK Securities points out that TSMC enjoys a high valuation because it is a platform manufacturer that can help customers achieve future development, and the same logic applies to memory in the AI era. Structurally improved profitability and visibility, along with enhanced shareholder returns based on this, mean that the re-rating of memory stocks will proceed in tandem with the narrowing of the discount on Korean memory.Currently, Samsung Electronics and SK Hynix have a 12-month P/E ratio of approximately 6.0 times. Their stock prices indicate they remain the cheapest stocks within the bottleneck of the AI era. As value shifts and is redistributed within the industry, the metric that needs to be trusted and followed is the change in profitability, rather than a valuation framework based on the past. SK Securities maintains an overweight rating on semiconductors.
according to sources familiar with the matter, prediction market platform Kalshi is seeking to raise new funds at a valuation of approximately $40 billion, nearly double its previous fundraising target of $22 billion.The fundraising could be completed as early as the third quarter of this year. If the deal is successful, Kalshi will expand its valuation lead over competitor Polymarket, which was previously reported to be seeking funding at a valuation of $15 billion.Previously, Kalshi CEO Tarek Mansour stated in an interview with CNBC that the company is considering an eventual initial public offering, but it will not happen before 2027. (Coindesk)