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Project Overview
Halo is a digital dollar protocol based on Hyperliquid, and its issuance of HUSD is a treasury-backed stablecoin that will be available on both HyperCore and the HyperEVM. Accordingly, users will be able to trade it against USDC on a spot order book as well as use it across integrated DeFi applications. Its collateral backing will be visible down to each individual International Securities Identification Number (ISIN) or equivalent token, with attestations pushed daily. HUSD can be minted with, or redeemed for, this underlying collateral by institutional entities onboarded with Halo’s service provider, MXON.
AI Wealth Management Company Savvy Wealth Closes $100 Million Series C Funding Round, Valuation Rises to $600 Million
According to WealthManagement, AI wealth management firm Savvy Wealth has announced the closing of a $100 million Series C funding round, bringing its valuation to $600 million. Led by Halo Fund, the round included participation from existing investors such as Thrive Capital, Industry Ventures, and Index Ventures. To date, the company's total funding has exceeded $200 million. Savvy Intelligence, Savvy Wealth’s AI-powered wealth management platform, utilizes large language models from OpenAI and Anthropic to train AI agents that support the integration of investment, tax, and financial planning data, streamlining wealth management processes through AI. The newly raised funds will be primarily directed toward expanding the development of software products tailored for wealth advisors.
Stablecoin cross-border commercial banking platform Flex completes $70 million Series B1 funding round, led by Halo Fund
stablecoin banking platform Flex has announced the completion of a $70 million Series B1 funding round, led by Halo Fund. The new capital will be used to expand Flex Global, its stablecoin-based cross-border commercial banking platform, helping mid-sized enterprises conduct global payments and treasury management via stablecoin infrastructure. Data shows that the annual stablecoin payment volume has reached approximately $390 billion, with B2B transaction volume growing roughly 733% year-over-year. Meanwhile, as of April 2026, Visa's stablecoin settlement volume had reached an annualized $7 billion, representing a 50% year-over-year increase. (Forbes)
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AI Wealth Management Company Savvy Wealth Closes $100 Million Series C Funding Round, Valuation Rises to $600 Million
According to WealthManagement, AI wealth management firm Savvy Wealth has announced the closing of a $100 million Series C funding round, bringing its valuation to $600 million. Led by Halo Fund, the round included participation from existing investors such as Thrive Capital, Industry Ventures, and Index Ventures. To date, the company's total funding has exceeded $200 million. Savvy Intelligence, Savvy Wealth’s AI-powered wealth management platform, utilizes large language models from OpenAI and Anthropic to train AI agents that support the integration of investment, tax, and financial planning data, streamlining wealth management processes through AI. The newly raised funds will be primarily directed toward expanding the development of software products tailored for wealth advisors.
Microsoft Officially Names Developer Device Project Zenith, First to Ship With AMD Ryzen AI Halo Chips
Microsoft has officially named its developer-focused Windows experience Project Zenith and introduced corresponding developer devices, with the first batch equipped with AMD Ryzen AI Halo chips. Targeting developer devices with 64GB or more of unified memory, Project Zenith is positioned as a "distraction-free Windows experience." AMD has already announced the first mini PC featuring this chip at IFA. Over the coming months, Project Zenith will welcome more devices powered by different chips, gradually expanding its product lineup.
Stablecoin cross-border commercial banking platform Flex completes $70 million Series B1 funding round, led by Halo Fund
stablecoin banking platform Flex has announced the completion of a $70 million Series B1 funding round, led by Halo Fund. The new capital will be used to expand Flex Global, its stablecoin-based cross-border commercial banking platform, helping mid-sized enterprises conduct global payments and treasury management via stablecoin infrastructure. Data shows that the annual stablecoin payment volume has reached approximately $390 billion, with B2B transaction volume growing roughly 733% year-over-year. Meanwhile, as of April 2026, Visa's stablecoin settlement volume had reached an annualized $7 billion, representing a 50% year-over-year increase. (Forbes)