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Raise

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Crypto platform for gift cards

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Project Overview

Raise is an innovative gift card crypto platform dedicated to revolutionizing the consumer shopping experience and enhancing the way they interact with brands. Consumers buy gift cards from participating retailers, and the money is deposited with Raise, which then uses stablecoins, or cryptocurrency pegged to the U.S. dollar, to put that money in escrow for a retailer. Once a customer uses the gift card, Raise sends money from the escrow account to the retailer by ACH or stablecoin.

Blockchain Digital Infrastructure Announces Public Rights Offering to Raise $55 Million

According to GlobeNewswire, Blockchain Digital Infrastructure, a U.S.-listed digital infrastructure developer and operator, announced its intention to issue 33,333,334 shares of common stock at a price of $1.65 per share, raising approximately $55 million in total. The proceeds will be used to support the development of AI hosting and high-performance computing digital infrastructure, capital expenditures, and general corporate purposes to drive business growth.

Polymarket: "SpaceX to Raise $70B-$80B in Its IPO" probability now stands at 88%, up 20% intraday

Odaily Seer monitoring shows that the probability of "SpaceX raising $70B-$80B in its IPO" on Polymarket is now at 88%, up 20% intraday.The market settles based on the total funds raised at the time of SpaceX's IPO pricing, according to data disclosed in the SEC's final prospectus. Over-allotment option shares are not counted, nor are private secondary transactions. If the amount raised falls exactly at a boundary point, it settles at the higher bracket; if the IPO is not completed by December 31, 2026, it settles at the lowest bracket.Previous news: Elon Musk's SpaceX disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday that it plans to fix the offering price at $135 per share (consistent with the price disclosed by sources) before officially launching IPO roadshow activities. SpaceX stated it plans to issue 555.6 million shares, thereby raising $75 billion.Odaily Seer continues to monitor the prediction market, seeing changes before the price is set.

Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network

According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.

BNB Plus to Raise $4.1 Million via Issuance of Convertible Preferred Shares

According to Businesswire, Nasdaq-listed digital asset treasury company BNB Plus announced it will raise $4.1 million through the issuance of Series B-1 and Series B-2 convertible preferred shares. Crypto-native institutional investors participating in the round include Comstock Multichain Fund, managed by Silvermine Capital Advisors, and Off the Chain LP. Proceeds will be used to increase its digital asset reserves, provide working capital support, and explore opportunities in AI infrastructure development. The company also disclosed that it currently holds over $16.4 million in cash and digital assets.

Manus Plans to Raise $1 Billion to Withdraw Meta’s Acquisition and Pursue Listing in Hong Kong

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.

IDG Capital Plans to Raise $2 Billion Growth Fund, Targeting Consumer Tech and Consumer Sectors

IDG Capital is planning to raise a growth fund of approximately $2 billion. The fundraising process began about two months ago, with the goal of completing the first round of capital raising by the end of this year. The fund will invest in consumer technology and consumer sector-related companies in China and other regions.

Federal Reserve's Logan: The Fed May Need to Raise Interest Rates This Year to Curb Prices

Odaily Odaily News, Federal Reserve's Logan stated that Fed officials may need to raise interest rates later this year to bring inflation down to the 2% target level. She noted that the U.S. labor market is "largely in balance," investment in the AI sector is booming, and financial conditions remain "loose." However, she added that the current inflation trend does not appear to be heading back towards the Fed's 2% target. "These conditions suggest that current monetary policy is not exerting a restraining effect on the economy," "I am increasingly concerned that, in order to fully restore price stability and appropriately balance both aspects of the Fed's 'dual mandate,' interest rate hikes may be necessary later this year." (Jin Shi)

Federal Reserve Chair Candidate Supports Inclusion of Crypto in Financial System, Lawmakers Raise Regulatory Concerns

Odaily News Kevin Warsh stated during a Senate hearing that digital assets "have become part of the U.S. financial system" and supports their inclusion into the financial system to provide investors with more opportunities and protection.This statement is seen as a signal of a generally more open policy towards the cryptocurrency industry should he become the Federal Reserve Chair. Warsh has previously referred to Bitcoin as an "important asset that aids in policy-making."However, Elizabeth Warren expressed concerns during the hearing, mentioning potential risks in the crypto space such as "sock puppet" accounts, emphasizing the need for enhanced regulation and prevention of abuse.

Blockchain Digital Infrastructure Announces Public Rights Offering to Raise $55 Million

According to GlobeNewswire, Blockchain Digital Infrastructure, a U.S.-listed digital infrastructure developer and operator, announced its intention to issue 33,333,334 shares of common stock at a price of $1.65 per share, raising approximately $55 million in total. The proceeds will be used to support the development of AI hosting and high-performance computing digital infrastructure, capital expenditures, and general corporate purposes to drive business growth.

Bubblemaps: LAB Large Holders Locked Until 2027 May Raise Liquidity Concerns

on-chain data platform Bubblemaps has released an analysis of the LAB token on-chain data on X platform. Only 313 participants joined the presale on the Legion platform, with a total initial investment of approximately $1.428 million. The current market value of these presale holdings has surged to $977 million, with investors collectively enjoying an unrealized gain approaching $1 billion. Due to unlock restrictions, the full lock-up period for investors' shares extends to 2027, making it difficult to liquidate funds. The first batch of token unlocks will occur on July 14. Bubblemaps warns that the economic model featuring highly concentrated LAB holdings combined with long-term lock-up poses significant liquidity risks. There is widespread market concern that after subsequent rounds of unlocks, large-scale profit-taking by major holders could put downward pressure on the market.

Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network

According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.

BNB Plus to Raise $4.1 Million via Issuance of Convertible Preferred Shares

According to Businesswire, Nasdaq-listed digital asset treasury company BNB Plus announced it will raise $4.1 million through the issuance of Series B-1 and Series B-2 convertible preferred shares. Crypto-native institutional investors participating in the round include Comstock Multichain Fund, managed by Silvermine Capital Advisors, and Off the Chain LP. Proceeds will be used to increase its digital asset reserves, provide working capital support, and explore opportunities in AI infrastructure development. The company also disclosed that it currently holds over $16.4 million in cash and digital assets.

Federal Reserve Chair Candidate Supports Inclusion of Crypto in Financial System, Lawmakers Raise Regulatory Concerns

Odaily News Kevin Warsh stated during a Senate hearing that digital assets "have become part of the U.S. financial system" and supports their inclusion into the financial system to provide investors with more opportunities and protection.This statement is seen as a signal of a generally more open policy towards the cryptocurrency industry should he become the Federal Reserve Chair. Warsh has previously referred to Bitcoin as an "important asset that aids in policy-making."However, Elizabeth Warren expressed concerns during the hearing, mentioning potential risks in the crypto space such as "sock puppet" accounts, emphasizing the need for enhanced regulation and prevention of abuse.

TeraWulf Plans to Raise $9 Billion to Expand AI Data Center

Odaily News TeraWulf announced the issuance of 47.4 million shares at $19 per share, raising approximately $9 billion to fund the construction of a large-scale data center campus in Hawesville, Kentucky, repay bridge financing, and support future expansion. Affected by the equity dilution from the financing, the company's stock price fell by about 5.8% during the trading session. The company also disclosed preliminary performance for the first quarter of 2026, expecting revenue to be between $30 million and $35 million, with approximately $3.1 billion in cash on hand and total debt of about $5.8 billion.TeraWulf's management pointed out that high-performance computing (HPC) hosting revenue now accounts for over half of its income, surpassing Bitcoin mining revenue for the first time, driving a shift in its revenue structure towards more stable, long-term cash flows. Analysts believe that while this financing round brings equity dilution, it helps support the expansion of AI infrastructure and enhances visibility for future growth. Overall, this move reflects the industry trend of mining companies accelerating their shift towards AI and high-performance computing to reduce reliance on Bitcoin price volatility and improve profitability stability. (CoinDesk)

Related news

Hikvision to Raise Hard Drive Prices on July 1; Q3 OEM Hard Drive Costs Surge Over 50%

Hikvision has recently issued a price adjustment letter to its distributors, announcing that from July 1 this year, the company's hard drive product prices will be raised accordingly. Additionally, prior to July 1, other Hikvision products will also undergo an initial round of price increases. This hard drive price hike is primarily targeted at the distributor channel. In response to the current volatile supply and pricing situation, Hikvision has recommended that distributors lock in orders and prices as soon as possible.In fact, this is neither Hikvision's first price adjustment nor an isolated case. Regarding the reason for this price increase, insiders have indicated that the core driver is the persistent crowding-out effect caused by the "explosive" growth in AI demand. Hard drive procurement costs have continued to climb. Compared to Q2 of this year, the hard drive cost quotes from OEMs for Q3 have risen by more than 50%. Based on current market conditions, product prices may continue to increase in the coming period. (Blue Whale Finance)

Blockchain Digital Infrastructure Announces Public Rights Offering to Raise $55 Million

According to GlobeNewswire, Blockchain Digital Infrastructure, a U.S.-listed digital infrastructure developer and operator, announced its intention to issue 33,333,334 shares of common stock at a price of $1.65 per share, raising approximately $55 million in total. The proceeds will be used to support the development of AI hosting and high-performance computing digital infrastructure, capital expenditures, and general corporate purposes to drive business growth.

Bubblemaps: LAB Large Holders Locked Until 2027 May Raise Liquidity Concerns

on-chain data platform Bubblemaps has released an analysis of the LAB token on-chain data on X platform. Only 313 participants joined the presale on the Legion platform, with a total initial investment of approximately $1.428 million. The current market value of these presale holdings has surged to $977 million, with investors collectively enjoying an unrealized gain approaching $1 billion. Due to unlock restrictions, the full lock-up period for investors' shares extends to 2027, making it difficult to liquidate funds. The first batch of token unlocks will occur on July 14. Bubblemaps warns that the economic model featuring highly concentrated LAB holdings combined with long-term lock-up poses significant liquidity risks. There is widespread market concern that after subsequent rounds of unlocks, large-scale profit-taking by major holders could put downward pressure on the market.

Polymarket: "SpaceX to Raise $70B-$80B in Its IPO" probability now stands at 88%, up 20% intraday

Odaily Seer monitoring shows that the probability of "SpaceX raising $70B-$80B in its IPO" on Polymarket is now at 88%, up 20% intraday.The market settles based on the total funds raised at the time of SpaceX's IPO pricing, according to data disclosed in the SEC's final prospectus. Over-allotment option shares are not counted, nor are private secondary transactions. If the amount raised falls exactly at a boundary point, it settles at the higher bracket; if the IPO is not completed by December 31, 2026, it settles at the lowest bracket.Previous news: Elon Musk's SpaceX disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday that it plans to fix the offering price at $135 per share (consistent with the price disclosed by sources) before officially launching IPO roadshow activities. SpaceX stated it plans to issue 555.6 million shares, thereby raising $75 billion.Odaily Seer continues to monitor the prediction market, seeing changes before the price is set.

Federal Reserve's Logan: The Fed May Need to Raise Interest Rates This Year to Curb Prices

Odaily Odaily News, Federal Reserve's Logan stated that Fed officials may need to raise interest rates later this year to bring inflation down to the 2% target level. She noted that the U.S. labor market is "largely in balance," investment in the AI sector is booming, and financial conditions remain "loose." However, she added that the current inflation trend does not appear to be heading back towards the Fed's 2% target. "These conditions suggest that current monetary policy is not exerting a restraining effect on the economy," "I am increasingly concerned that, in order to fully restore price stability and appropriately balance both aspects of the Fed's 'dual mandate,' interest rate hikes may be necessary later this year." (Jin Shi)

Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network

According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.