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Jeff is a Meme coin on Hyperliquid, modeled after Jeff, the founder of Hyperliquid, but not created by himself, but by members of the community themselves.
Former Sequoia Capital executive Jeff Wang’s tech hedge fund, Augnition Global Investors, has raised $1 billion.
As reported by Bloomberg, tech hedge fund Augnition Global Investors, founded by Jeff Wang, former head of global equities at Sequoia Capital, announced it has raised over $1 billion. According to disclosed regulatory filings, the fund launched with at least $570 million in capital, approximately 45% of which was internal capital.
AI company Discovery Loop, co-founded by former Google chief scientist Jeff Dean, sees valuation surge to $50 billion within weeks
Odaily reports: Sources familiar with the matter say that Discovery Loop, an AI startup co-founded by former Google chief scientist Jeff Dean, is in talks for a new funding round, with its valuation having climbed to $50 billion—five times higher than the roughly $10 billion valuation target from just weeks ago.Discovery Loop's other three co-founders are Sanjay Ghemawat, Quoc Le, and Oriol Vinyals. The company focuses on using AI to run thousands of experiments in parallel to accelerate the pace of scientific and engineering research. Its first funding round was led by Radical Ventures and Khosla Ventures, with participation from Lightspeed, Kleiner Perkins, Doerr Capital, and others. (Business Insider)
NYSE Parent Intercontinental Exchange Weighs Participation in Polymarket's New Funding Round
According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for prediction market platform Polymarket and consider participating if it helps facilitate the round. Previously, ICE had invested over $1.6 billion in Polymarket.
Discovery Loop seeks $1 billion raise at $10 billion valuation
Odaily News: Sources reveal that Discovery Loop, an AI startup founded by former Google Chief Scientist Jeff Dean, is in talks to raise $1 billion at a valuation of approximately $10 billion. Specific terms of the funding round are still subject to change.Discovery Loop aims to accelerate discovery in science and engineering through automated machine learning, science and engineering, and parallel execution of thousands of experiments. Its initial funding was led by Radical Ventures and Khosla Ventures, with participation from Lightspeed, Kleiner Perkins, and Doerr Capital, while Alphabet serves as founding investor and cloud services partner. The founding team of Discovery Loop also includes former core Google researchers such as Sanjay Ghemawat, Quoc Le, and Oriol Vinyals. (businessinsider)
TradeXYZ reportedly raising $200M at a $1.5B valuation
Odaily News: Recent market speculation suggests that TradeXYZ is conducting an equity funding round, aiming to raise $200 million at a valuation of $1.5 billion. Cobie has stated that the probability of TradeXYZ securing funding is zero; additionally, some community members have questioned why TradeXYZ would need external funding instead of raising from Jeff's Hyperliquid team if capital were truly required.
ORANGE JUICE Completes $40 Million Funding Round, Grupo Salinas Founder Ricardo Salinas Serves as Cornerstone Investor
According to Odaily, Bitcoin treasury startup ORANGE JUICE announced on July 15, 2026, that it has completed a $40 million funding round, with Grupo Salinas Founder and Chairman Ricardo Salinas serving as a cornerstone investor. Bitcoin investors including Jeff Booth and Lyn Alden also participated. ORANGE JUICE plans to acquire small businesses with annual cash flows ranging from $1 million to $10 million, allocating a portion of retained earnings towards new acquisitions and Bitcoin purchases. The company stated it will rely primarily on operating cash flow for growth, using debt and equity issuance sparingly. Ruben Zweiban will serve as Operating Partner overseeing daily operations. He previously worked as an investment banker at BofA Securities, an equity research analyst at JPMorgan Asset Management, and served as Chief Investment Officer for a multi-billion dollar private multi-family office. The company also plans to pursue a public listing in the future.
ICE, trade[XYZ], and Hyperliquid Announce Partnership Structure, Trading Still Requires Regulatory Approval
jeff.hl posted on X stating that ICE, trade[XYZ], and Hyperliquid are jointly opening a new chapter. According to the announcement he cited, Hyperliquid provides the underlying technical infrastructure through HIP-3, trade[XYZ] is responsible for designing and implementing the markets, and ICE operates the regulated market and clearing structure; the existing trade[XYZ] HIP-3 markets remain unchanged, and trading still requires regulatory approval. jeff.hl also said that about a year ago he spoke with ICE CEO Jeff Sprecher and joked that if he saw ICE building on Hyperliquid technology, it would mean success.
Crypto Assets Can Be Pledged for Loans to Margin Perpetual Futures, Kalshi and BitGo Reach New Arrangement
Odaily News: Kalshi and BitGo have reached a new arrangement allowing certain customers to borrow against their custodied crypto assets and use the loan proceeds as margin for leveraged perpetual futures trading on the Kalshi exchange. The arrangement is aimed at clients of Kalshi Prime, Kalshi's US-registered futures commission merchant, and adopts a tripartite collateral management structure; loans are provided by its affiliated lending company Kalshi Katalyst, with collateral assets held at BitGo Bank & Trust. Eligible collateral assets include Bitcoin, Ethereum, and stablecoins deemed compliant with the GENIUS Act, with additional custodians expected to be onboarded in the future. Kalshi Prime CEO Jeff Bandman said the arrangement allows customers to participate in trading without having to exit their crypto asset positions.
Former Sequoia Capital executive Jeff Wang’s tech hedge fund, Augnition Global Investors, has raised $1 billion.
As reported by Bloomberg, tech hedge fund Augnition Global Investors, founded by Jeff Wang, former head of global equities at Sequoia Capital, announced it has raised over $1 billion. According to disclosed regulatory filings, the fund launched with at least $570 million in capital, approximately 45% of which was internal capital.
Michael Saylor: Discussing Bitcoin, Digital Capital, and the Future of Finance at ParaFi Investor Day
Michael Saylor posted on X platform stating that this week at ParaFi Investor Day he introduced digital capital, credit, and equity, and held a fireside chat with Jeff Park to discuss digital assets, digital intelligence, and the future of finance. The presentation covered topics including Bitcoin as digital capital, CLARITY regulation, Bitcoin banking adoption, reshaping gold-backed credit with STRC, STRC returning to par value, Bitcoin gain per share, Strategy's triple flywheel, shifting from quarterly dividends to daily dividends, Bitcoin-backed stablecoins, adoption by digital credit institutions, as well as digital currencies, derivatives, exchanges, regulation, and product development in the AI era.
Hyperliquid CEO: Bringing the Entire Financial Industry Onchain
Odaily News: Hyperliquid Labs CEO and co-founder Jeff Yan gave a rare interview, detailing the platform's operating mechanism and future plans.Hyperliquid entered the spotlight of global traders and market observers earlier this year—after the Iran war broke out, speculators used the markets built on it to trade crude oil, with the platform offering 24/7 markets on the blockchain. In August, U.S. President Trump said the CFTC is pushing to allow Hyperliquid to "enter the United States in a fully compliant and legal manner." Hyperliquid currently operates outside the United States, but that has not hindered its rapid expansion over the past year.In the interview, Jeff Yan introduced the protocol he built with his co-founder, the ecosystem of participants and assets tied to Hyperliquid (such as the platform's cryptocurrency HYPE), how perpetual contracts are bought and sold on the platform, and explained what a blockchain oracle is, as well as the conditions Hyperliquid needs to meet to conduct business in the United States. (Bloomberg)
Hyperliquid founder calls for US regulators to target on-chain financial institutions rather than blockchain itself.
According to Bloomberg, Hyperliquid founder Jeff Yan stated during an interview with the Bloomberg Odd Lots podcast that U.S. regulatory obligations for cryptocurrency trading platforms should fall on financial institutions operating markets on the Hyperliquid blockchain, rather than on the blockchain network itself. This strategy aims to facilitate the platform's expansion into Wall Street while sidestepping the comprehensive compliance burdens of traditional exchanges. Currently, U.S. regulators are discussing how to incorporate offshore cryptocurrency trading platforms into the domestic financial regulatory framework.
Market selling pressure begins to erode institutional demand? Bitcoin ETF sees largest single-day net outflow since June
Odaily reports: U.S. spot Bitcoin ETFs saw a net outflow of $635.6 million on Thursday, the largest single-day net outflow since June. Among them, BlackRock's IBIT saw a net outflow of $254.1 million, Fidelity's FBTC saw a net outflow of $217.5 million, and Ark Invest and 21Shares' ARKB saw a net outflow of $109.4 million. Morgan Stanley's MSBT bucked the trend with a net inflow of $2.3 million; since its launch in April this year, the fund has recorded only one single-day net outflow.Despite the large outflow on Thursday, U.S. spot Bitcoin ETFs still recorded cumulative net inflows of $442.7 million this week. Since their launch in January 2024, such ETFs have accumulated more than $57 billion in net inflows, with assets under management exceeding $100 billion. Meanwhile, U.S. spot Ethereum ETFs saw a net outflow of $110.6 million on Thursday, Solana and Hyperliquid ETFs also saw outflows, while XRP ETFs recorded a net inflow of $3.6 million.In the market, Bitcoin fell to about $81,500 at one point on Friday, down 3.4% over the past 24 hours. The selloff in U.S. tech stocks spread to Asian markets, compounded by concerns over AI spending and geopolitical tensions, weighing on crypto market performance. Over the past 24 hours, liquidations of leveraged positions in the crypto market totaled at least $440 million, of which about $397 million were long liquidations. Jeff Anderson, head of STS Digital's U.S. division, said the market has recently remained in a trading range of $80,000 to $86,000, and attention should be paid to the direction of a breakout from the range. (The Block)
Macro Risks Suppress Bitcoin Bullish Sentiment, Probability of Reaching $100K by Christmas Falls Below 10%
the crypto market is caught in a tug-of-war between bulls and bears: on one hand, digital asset analysts remain bullish; on the other hand, the speculative market as a whole is turning defensive, with risk appetite under continued pressure. Bitcoin briefly fell below $80,000 for the first time in nearly a month. Dragged down by the sell-off in the U.S. stock market's AI sector, risk assets broadly retreated, and the bullish sentiment the crypto market had previously attempted to rebuild was once again undermined.Jeff Anderson, head of STS Digital's U.S. division, said inflation data will "deal a severe blow to risk appetite," while the market is entering a quiet period ahead of the Federal Reserve's policy meeting, with rate expectations still shrouded in uncertainty. Nick Forster, founder of Derive.xyz, said that over the past 24 hours, the market-implied probability of Bitcoin reaching $100,000 by Christmas dropped 2.8 percentage points to 9.7%. He noted that the rapid retreat of long-term bullish bets and the surge in short-term hedging demand indicate that institutional participants are rapidly reassessing macro risk exposure as the interest rate outlook once again becomes murky. (Bloomberg)
ORANGE JUICE Completes $40 Million Funding Round, Grupo Salinas Founder Ricardo Salinas Serves as Cornerstone Investor
According to Odaily, Bitcoin treasury startup ORANGE JUICE announced on July 15, 2026, that it has completed a $40 million funding round, with Grupo Salinas Founder and Chairman Ricardo Salinas serving as a cornerstone investor. Bitcoin investors including Jeff Booth and Lyn Alden also participated. ORANGE JUICE plans to acquire small businesses with annual cash flows ranging from $1 million to $10 million, allocating a portion of retained earnings towards new acquisitions and Bitcoin purchases. The company stated it will rely primarily on operating cash flow for growth, using debt and equity issuance sparingly. Ruben Zweiban will serve as Operating Partner overseeing daily operations. He previously worked as an investment banker at BofA Securities, an equity research analyst at JPMorgan Asset Management, and served as Chief Investment Officer for a multi-billion dollar private multi-family office. The company also plans to pursue a public listing in the future.
Analyst: History May Repeat Itself, Bitcoin Price Could Drop to $33,000
According to Cointelegraph, cryptocurrency analysts are divided on whether Bitcoin will reenact its historical “Sell in May” pattern in 2026. In the two midterm election years—2018 and 2022—Bitcoin experienced sharp declines in May, falling approximately 30% and 70%, respectively. Analyst Merlijn Enkelaar warned that this historical pattern could repeat, with Bitcoin potentially dropping to $33,000. Joao Wedson, CEO of Alphractal, also noted that if Bitcoin remains persistently below $78,000, the likelihood of a new capitulation phase increases. However, Jeff Ko, Chief Analyst at CoinEx, argued that past crashes stemmed from specific shocks—including the Mt. Gox incident, China’s ICO regulations, the Federal Reserve’s monetary tightening, and the collapses of Terra and FTX—not from calendar-based seasonality. He added that the launch of spot ETFs, corporate treasury allocations, and progress on the CLARITY Act have significantly broadened the institutional buyer base, making a 70–80% deep correction unlikely this cycle. Analyst Michaël van de Poppe highlighted $76,000 as the current critical support level; failure to hold it would likely trigger further downside pressure.
Out-of-Bounds Pause, Resume on Price Recovery: Hyperliquid to Adjust TWAP Order Rules
Odaily reports: Jeff stated that Hyperliquid's next network upgrade will adjust the rules for TWAP orders with stop prices: when the price crosses the set boundary, the remaining execution plan will change from termination to pause; if the price meets the conditions again within the originally scheduled execution time, the order can resume execution, whereas previously a new order would need to be placed. The TWAP feature can split large orders into smaller ones and execute them gradually over a set period, currently supporting cycles from 5 minutes to 7 days, with a minimum order amount of $100. For example, when buying HYPE in batches over 2 hours with a maximum price set at $80, the order pauses when the mark price rises to $81; if the price falls back to $79 and it is still within the 2-hour window, the order can continue executing. The same rules apply when setting a minimum price for sell orders.
Moonshot AI 17-year-old researcher Chen Guangyu resigns, rumored to join US AI company Discovery Loop
According to Yonhap News Agency, 17-year-old researcher Chen Guangyu, who previously contributed to the development of Moonshot AI’s Kimi K3 model, has departed. A social media account tracking U.S. AI talent mobility, named "Aper Grok," reported that he has joined Discovery Loop. Chen himself has not publicly confirmed his next destination, while Discovery Loop declined to comment on personal matters. Starting in November 2025, Chen served as a machine learning researcher on the Kimi team, deeply involved in the research and development of the Kimi K3's underlying architecture. On social media, he thanked the company for hiring him at age 16 and stated that he would relocate to the San Francisco Bay Area. Rumors had suggested he might join Anthropic, but he has denied them. Established in August of this year by Jeff Dean and three other former Google researchers, Discovery Loop is dedicated to automating scientific research with AI and has yet to launch any products.
HRT's two co-founders founded Chaincode Labs in 2014
Odaily reports: Meta Chief AI Officer Alexandr Wang posted a photo with Hyperliquid founder Jeff and Cognition founder Scott Wu, all of whom were once HRT interns. Bitwise CEO Hunter Horsley noted that HRT's two co-founders, Alex Morcos and Suhas Daftuar, founded Chaincode Labs in 2014. The organization is located in Midtown Manhattan, New York, and is dedicated to advancing the Bitcoin network and providing resources for independent innovators in the Bitcoin ecosystem.
Michael Saylor: Discussing Bitcoin, Digital Capital, and the Future of Finance at ParaFi Investor Day
Michael Saylor posted on X platform stating that this week at ParaFi Investor Day he introduced digital capital, credit, and equity, and held a fireside chat with Jeff Park to discuss digital assets, digital intelligence, and the future of finance. The presentation covered topics including Bitcoin as digital capital, CLARITY regulation, Bitcoin banking adoption, reshaping gold-backed credit with STRC, STRC returning to par value, Bitcoin gain per share, Strategy's triple flywheel, shifting from quarterly dividends to daily dividends, Bitcoin-backed stablecoins, adoption by digital credit institutions, as well as digital currencies, derivatives, exchanges, regulation, and product development in the AI era.
Hyperliquid's next step is to develop options products, supporting hedging within the same order book
at the TOKEN2049 event in Singapore that Hyperliquid founder Jeff Yan stated that options will become the next component of Hyperliquid, allowing traders to hedge options with spot and perpetual contracts on the same order book.
Manual borrowing feature launched on testnet; HyperCore mainnet borrowing remains limited to portfolio margin
Odaily News: Hyperliquid co-founder Jeff Yan stated that the HyperCore manual borrowing feature has been launched on the testnet. Currently, all borrowing functions on the mainnet remain limited to portfolio margin mode. HyperEVM smart contracts can now access HyperCore lending and borrowing features via CoreWriter and read-only precompiled contracts.
Related news
ICE, trade[XYZ], and Hyperliquid Announce Partnership Structure, Trading Still Requires Regulatory Approval
jeff.hl posted on X stating that ICE, trade[XYZ], and Hyperliquid are jointly opening a new chapter. According to the announcement he cited, Hyperliquid provides the underlying technical infrastructure through HIP-3, trade[XYZ] is responsible for designing and implementing the markets, and ICE operates the regulated market and clearing structure; the existing trade[XYZ] HIP-3 markets remain unchanged, and trading still requires regulatory approval. jeff.hl also said that about a year ago he spoke with ICE CEO Jeff Sprecher and joked that if he saw ICE building on Hyperliquid technology, it would mean success.
Out-of-Bounds Pause, Resume on Price Recovery: Hyperliquid to Adjust TWAP Order Rules
Odaily reports: Jeff stated that Hyperliquid's next network upgrade will adjust the rules for TWAP orders with stop prices: when the price crosses the set boundary, the remaining execution plan will change from termination to pause; if the price meets the conditions again within the originally scheduled execution time, the order can resume execution, whereas previously a new order would need to be placed. The TWAP feature can split large orders into smaller ones and execute them gradually over a set period, currently supporting cycles from 5 minutes to 7 days, with a minimum order amount of $100. For example, when buying HYPE in batches over 2 hours with a maximum price set at $80, the order pauses when the mark price rises to $81; if the price falls back to $79 and it is still within the 2-hour window, the order can continue executing. The same rules apply when setting a minimum price for sell orders.
Market selling pressure begins to erode institutional demand? Bitcoin ETF sees largest single-day net outflow since June
Odaily reports: U.S. spot Bitcoin ETFs saw a net outflow of $635.6 million on Thursday, the largest single-day net outflow since June. Among them, BlackRock's IBIT saw a net outflow of $254.1 million, Fidelity's FBTC saw a net outflow of $217.5 million, and Ark Invest and 21Shares' ARKB saw a net outflow of $109.4 million. Morgan Stanley's MSBT bucked the trend with a net inflow of $2.3 million; since its launch in April this year, the fund has recorded only one single-day net outflow.Despite the large outflow on Thursday, U.S. spot Bitcoin ETFs still recorded cumulative net inflows of $442.7 million this week. Since their launch in January 2024, such ETFs have accumulated more than $57 billion in net inflows, with assets under management exceeding $100 billion. Meanwhile, U.S. spot Ethereum ETFs saw a net outflow of $110.6 million on Thursday, Solana and Hyperliquid ETFs also saw outflows, while XRP ETFs recorded a net inflow of $3.6 million.In the market, Bitcoin fell to about $81,500 at one point on Friday, down 3.4% over the past 24 hours. The selloff in U.S. tech stocks spread to Asian markets, compounded by concerns over AI spending and geopolitical tensions, weighing on crypto market performance. Over the past 24 hours, liquidations of leveraged positions in the crypto market totaled at least $440 million, of which about $397 million were long liquidations. Jeff Anderson, head of STS Digital's U.S. division, said the market has recently remained in a trading range of $80,000 to $86,000, and attention should be paid to the direction of a breakout from the range. (The Block)
Crypto Assets Can Be Pledged for Loans to Margin Perpetual Futures, Kalshi and BitGo Reach New Arrangement
Odaily News: Kalshi and BitGo have reached a new arrangement allowing certain customers to borrow against their custodied crypto assets and use the loan proceeds as margin for leveraged perpetual futures trading on the Kalshi exchange. The arrangement is aimed at clients of Kalshi Prime, Kalshi's US-registered futures commission merchant, and adopts a tripartite collateral management structure; loans are provided by its affiliated lending company Kalshi Katalyst, with collateral assets held at BitGo Bank & Trust. Eligible collateral assets include Bitcoin, Ethereum, and stablecoins deemed compliant with the GENIUS Act, with additional custodians expected to be onboarded in the future. Kalshi Prime CEO Jeff Bandman said the arrangement allows customers to participate in trading without having to exit their crypto asset positions.
Moonshot AI 17-year-old researcher Chen Guangyu resigns, rumored to join US AI company Discovery Loop
According to Yonhap News Agency, 17-year-old researcher Chen Guangyu, who previously contributed to the development of Moonshot AI’s Kimi K3 model, has departed. A social media account tracking U.S. AI talent mobility, named "Aper Grok," reported that he has joined Discovery Loop. Chen himself has not publicly confirmed his next destination, while Discovery Loop declined to comment on personal matters. Starting in November 2025, Chen served as a machine learning researcher on the Kimi team, deeply involved in the research and development of the Kimi K3's underlying architecture. On social media, he thanked the company for hiring him at age 16 and stated that he would relocate to the San Francisco Bay Area. Rumors had suggested he might join Anthropic, but he has denied them. Established in August of this year by Jeff Dean and three other former Google researchers, Discovery Loop is dedicated to automating scientific research with AI and has yet to launch any products.
Former Sequoia Capital executive Jeff Wang’s tech hedge fund, Augnition Global Investors, has raised $1 billion.
As reported by Bloomberg, tech hedge fund Augnition Global Investors, founded by Jeff Wang, former head of global equities at Sequoia Capital, announced it has raised over $1 billion. According to disclosed regulatory filings, the fund launched with at least $570 million in capital, approximately 45% of which was internal capital.