News linked to both this project and an event.
Crypto data provider Kaiko announced the completion of a $110 million funding round led by S&P Global, highlighting growing investment interest from Wall Street in tokenized market infrastructure.
Odaily News: Positron, an AI chip startup focused on designing hardware that helps AI models run faster, said it has raised $875 million at a $5 billion valuation, with the company's value surging significantly over the past six months. The round was co-led by venture capital firms NEA, Atreides Management, Valor Equity Partners, Andra Capital, analyst Dylan Patel's SemiAnalysis Capital, and Netscape co-founder Jim Clark.Positron raised $230 million in its most recent funding round in February of this year at a $1 billion valuation. Positron said it has delivered approximately 50 Atlas server racks of its previous generation to Oracle, with other customers including financial firm Jump Trading and AI company Parasail. Positron is trying to gain an edge in the crowded chip industry by bringing its chips to market as quickly as possible. (The Wall Street Journal)
According to The Straits Times, Australian AI infrastructure company Firmus announced a multi-year agreement with OpenAI to supply computing power from two data centers in Malaysia, establishing OpenAI as Firmus's anchor customer. Following the signing of the agreement, Firmus's contracted capacity across its global client portfolio has exceeded 900 megawatts. Backed by institutional investors including Nvidia, Jane Street, Blackstone, and Coatue Management, Firmus holds a recent valuation of over $10.5 billion. The company currently operates data centers in Australia and Singapore, with five additional facilities under development across the Asia-Pacific region. It plans to deploy Nvidia's next-generation Vera Rubin processors at scale in the Asia-Pacific.
Odaily News: Robinhood Markets has officially served as an IPO underwriter for the first time, participating in the listing of smart ring maker Oura. Oura filed for its IPO last Thursday, with an expected listing valuation exceeding $11 billion. Goldman Sachs, Morgan Stanley, and JPMorgan are serving as the lead book-runners for the deal, with Robinhood ranking 18th among the 18 underwriters.In June of this year, Robinhood received regulatory approval to conduct underwriting business, and CEO Vlad Tenev previously stated his desire to "disrupt" the IPO market. As an underwriter, Robinhood is expected to gain more influence in the allocation of IPO shares to its retail clients. (The Wall Street Journal)
According to Reuters, AI data center optical interconnect company iPronics announced the completion of a $125 million Series B financing round, co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, the European Innovation Council Fund, and others, bringing the company's total funding to $177 million. iPronics primarily provides rack-mounted optical switching equipment for AI infrastructure. Through its programmable optical layer, it enables AI clusters to dynamically adjust network connections in real time according to training and inference workloads. The new capital will be used to scale operations and accelerate commercial deployment.
According to Cryptopolitan, Figure Technology Solutions officially completed its $717 million acquisition of U.S. residential real estate lending institution Kiavi on September 1. The transaction consists of two parts: Figure's acquisition of Kiavi's technology and operations platform, and the establishment of a joint venture with Sixth Street to take over the loan assets. The actual cash consideration paid by Figure was approximately $590 million, primarily financed through the issuance of $600 million in 8.5 percent senior notes maturing in 2031. Following the acquisition, Kiavi is expected to add over $7 billion in annual primary mortgage volume to Figure Connect, with more than $100 million flowing into Figure's on-chain lending platform, Democratized Prime, each month. Kiavi will also bring technological assets such as an AI-driven property valuation engine and automated document review capabilities, becoming the first deployment scenario for Adaptor, Figure's intelligent agent product. Kiavi CEO Arvind Mohan will step into the role of Chief Business Officer at Figure, overseeing platform integration efforts.
Odaily News: Ahead of SoftBank-backed SB Energy's planned IPO, the company offered OpenAI a substantial incentive to secure the AI firm as a tenant for its data centers. According to IPO draft documents, OpenAI has obtained warrants valued at approximately $5.5 billion from SB Energy, following OpenAI's prior investment in the company.SB Energy is expected to publicly file its IPO documents as early as this week. The company is working with bankers and could launch its IPO as soon as next month, targeting a fundraising amount of $5 billion to $7 billion. Currently, SB Energy's data center client base consists of companies that are also its investors. The documents show that SoftBank and OpenAI plan to become tenants in three of SB Energy's data centers. A fourth data center in Schleicher County, Texas, with an installed capacity of 900 megawatts, has yet to secure a client. (The Wall Street Journal)
According to TechCrunch, AI assistant startup Instinct announced it has closed a $250 million Series B round co-led by Index Ventures and Benchmark. Following this round, the company's total funding reached $350 million, with its valuation rising to $2.5 billion. Launched by Spear Street Technology and led by 23-year-old founder Noah Shinn, the product is still in a private testing phase. Users can connect it to their personal apps and devices, interacting with the AI assistant via SMS and phone calls to handle daily tasks such as itinerary planning, shopping, booking events, and managing subscriptions.
Odaily News - As a long-time Wall Street bull, Ed Yardeni, President of Yardeni Research, remains highly enthusiastic. He has raised his year-end S&P 500 target three times this year, from 7,700 points to 8,250 points, and then to 8,400 points. He believes the internet bubble back then was largely driven by the fear of missing out (FOMO), with the S&P 500's forward P/E ratio once climbing to 25 times and the tech sector reaching about 55 times. Today, however, the rally is driven by "fantastic earnings momentum" (FEMO). As earnings expectations continue to be revised upward, market valuation multiples have actually declined. Currently, the semiconductor sector's P/E ratio stands at about 17 times, and the overall market at about 20 times—far below levels seen during the 1999 bubble.Ed Yardeni is more cautious when it comes to the AI rally. He believes there is currently "AI fatigue" in the market, making it difficult to identify the ultimate winners and losers. As such, he does not advise investors to directly chase individual AI stocks. For those looking to gain exposure to the AI theme, a diversified approach through vehicles like the Nasdaq 100 index fund would be more suitable. (Morningstar)
According to Bitcoin News, which cited an opinion piece from The Wall Street Journal, legendary investor Stanley Druckenmiller criticized U.S. Treasury Secretary Scott Bessent's proposal to increase the size of a single long-term Treasury bond repurchase transaction from $2 billion to at least $4 billion, arguing that the measure could overstep its bounds in liquidity management and cross into intervention aimed at suppressing long-term yields. Druckenmiller pointed out that with inflation still running above target, the U.S. fiscal deficit accounting for roughly 6% of GDP, and federal debt exceeding $40 trillion, rising yields may accurately reflect the bond market's rational pricing of deteriorating U.S. fiscal conditions. He warned that if markets believe the Treasury is defending a specific yield level, traders could repeatedly test the limits of government intervention, forcing the repurchase volume to keep expanding. He also maintained that the Treasury's strategy of buying back long-term Treasuries while simultaneously issuing short-term T-bills effectively strips duration risk from the market, closely resembling a small-scale quantitative easing program executed directly by the Treasury. His advice is to allow the bond market to determine the government's financing costs, and to resolve fundamental fiscal imbalances through deficit reduction, entitlement reform, and enhanced debt management.
According to Reuters, the U.S. SEC is investigating AI hedge fund Situational Awareness's trading activities and high-leverage positions during the market turmoil in July, and has issued subpoenas to Wall Street banks including Goldman Sachs, JPMorgan, Citigroup, and Bank of America, requiring them to provide information related to the fund's trades and financing. Situational Awareness was founded by former OpenAI researcher Leopold Aschenbrenner, who previously worked at FTX Future Fund, with assets under management briefly exceeding $20 billion. In July, the fund suffered a monthly loss of approximately 67% due to declines in AI and chip stocks, and was subsequently forced to sell most of its public equity portfolio to Citadel.
Odaily News In a recent interview on Cointelegraph's program Chain Reaction, Lucas Sum, Head of Stock Market Development at Gate, stated that crypto and stocks are quietly converging and increasingly becoming part of the same macro trade. He pointed out that the correlation between the crypto market and the Nasdaq index is currently higher than the five-year average, with the correlation coefficient once exceeding 0.8. Market sentiment is generally cautious at present, with more funds staying in low-risk assets such as stablecoins, as investors await clearer catalysts.Lucas Sum believes that the core narrative of the next market cycle may no longer be "crypto vs. Wall Street," but rather traditional financial assets accelerating their entry into the digital financial system through on-chain infrastructure. The scale of RWA has grown from approximately $12 billion a year ago to over $30 billion, while the scale of tokenized U.S. Treasury bonds has also reached approximately $15 billion, indicating that on-chain financial infrastructure continues to expand. Meanwhile, macro liquidity, real yields, and regulatory clarity remain key factors influencing the performance of risk assets. Against this backdrop, investors' focus is shifting from single-asset allocation to coordinated allocation across multiple asset classes. Lucas Sum noted that Gate is continuously expanding its stock business, currently covering U.S., Hong Kong, and Korean stock markets, with plans to extend further into more global markets to provide the necessary infrastructure for multi-asset investment.
Odaily News, according to people familiar with the matter, Stripe has finalized a deal to acquire AI model aggregation platform OpenRouter for more than $7 billion, though the final transaction price could still change. Notably, OpenRouter raised funds at a $1.3 billion valuation just a few months ago. People familiar with the matter said the final acquisition price could still change. A Stripe spokesperson said the company does not comment on rumors or speculation, while OpenRouter declined to comment.The Wall Street Journal previously reported that Stripe was in talks to acquire OpenRouter for approximately $10 billion. (Bloomberg)
Crypto startups completed USD 11.2 billion in funding in the first half of 2026, with all disclosed capital flowing to regulated, licensed enterprises. Payments and stablecoins, prediction markets, exchanges, and trading platforms received the most funding. Major backers include Wall Street and large global financial institutions, whose investment focus is on licensed and compliant companies. Investors and founders increasingly view regulatory licenses as scarce and defensive assets, while retail investors still primarily trade on unlicensed or alternative platforms. (CoinDesk)
According to Odaily, CryptoQuant's latest report, "Wall Street, Always On," shows that in July 2026, trading volume for traditional financial stock perpetual contracts on crypto exchanges reached approximately $250 billion, up about 17 times from April. Among them, Gate's related trading volume in July was approximately $15 billion, up about 26 times from April, representing a 308% month-over-month increase, making it the fastest-growing exchange among the platforms covered in the report.The report notes that Gate's perpetual contract trading has maintained steady triple-digit growth for three consecutive months, with May, June, and July seeing month-over-month increases of approximately 131%, 177%, and 308%, respectively, showing an accelerating trend. CryptoQuant stated that compared to the episodic growth seen on some platforms, Gate's sustained growth better reflects the continuous penetration of traditional financial asset trading demand into crypto trading infrastructure, "which makes Gate an exchange worth watching in the crypto-stock race."CryptoQuant indicated that crypto trading platforms are gradually becoming 24/7 trading gateways connecting Crypto and Wall Street, with trading demand from traditional stock markets accelerating its extension into crypto infrastructure. As Gate continues to expand its diversified asset services, including stocks and ETFs, CFDs, Pre-IPOs, direct IPOs, and tokenized securities like gStocks, the platform is further strengthening the connection between traditional financial assets and digital asset trading ecosystems, providing global users with a more flexible and efficient multi-asset trading experience.
Odaily News: According to market reports, Databricks has completed a $5 billion funding round, bringing its valuation to $190 billion.
According to monitoring by the PPP Prediction Market Tool, in the Polymarket prediction event "Anthropic valuation hits target this year," the probability of reaching $1.5 trillion this year has risen to 76%, up 13% in 24 hours. The probability of reaching $1.25 trillion has risen to 92%, up 8% in 24 hours.According to the settlement rules, this market primarily relies on the private market valuation of Anthropic as published by Nasdaq Private Market (NPM). If Anthropic completes an IPO or direct listing during this period, the valuation corresponding to the official offering price and the public market capitalization after listing will also be included in the settlement basis. Currently, NPM data cited on the Polymarket page shows a valuation of approximately $1.13 trillion.Previously, according to The Wall Street Journal, Anthropic plans to go public in September or early October, though the specific offering price and timeline have not yet been announced. If successfully listed, it could become one of the largest IPOs in history.Join the PPP Signal Push Community to stay ahead of the curve and seize opportunities first.
Odaily Odaily News: Market maker Jane Street is repaying a $5.5 billion floating-rate loan as part of a broader restructuring of $11 billion in total debt. The company also plans to issue $14.6 billion in senior secured notes maturing in 2031, 2033, and 2036, respectively, to refinance $5.6 billion in bonds.S&P has assigned a BB rating to Jane Street's upcoming debt transaction, two notches below investment grade, citing Jane Street's "consistently strong earnings track record" while noting the growing scale and scope of its trading operations.Jane Street reported record trading revenue of $39.6 billion last year. Bloomberg previously reported that the company is in talks with institutions including Pacific Investment Management Company (PIMCO) regarding related financing arrangements. (Bloomberg)
: Retail bearish sentiment has hit a new multi-year record, while institutional positioning lags even further behind. As U.S. equities face an unprecedented disconnect between fundamentals and capital flows, analysts predict a rare "Wall Street expectation gap" is now underway. Last week, the S&P 500 index posted a cumulative gain of 22% since late March and broke through the 7,700-point mark for the first time in history. As investors digested the latest batch of earnings reports, the benchmark index closed roughly flat on Monday.Strategists at 22V Research have observed a notable divergence between the AAII Bull-Bear Spread and the firm's proprietary economic data index, which tracks a range of U.S. macro data releases. According to the firm's model, the current valuation deviation implies that the S&P 500 will rise by 1.6%, 5.1%, and 7.8% over the next one, three, and six months, respectively.Dennis DeBusschere, President and Chief Market Strategist at 22V Research, wrote in a note to clients: "The current reading of investor sentiment relative to economic data suggests market returns will be above normal levels."Alastair Pinder, Global Equity Strategist at HSBC, also noted that the many macro concerns that have emerged over the past few weeks have indeed given investors ample reason to question the current stock market rally.
Odaily News AI company Anthropic is holding pre-IPO meetings with potential investors to boost market confidence in its listing plans.According to reports, Anthropic is currently valued at approximately $965 billion. If successfully listed, it could become one of the largest IPOs in history. The company has recently faced multiple challenges, including intensifying competition from low-cost AI systems, strained relations with the Trump administration, and opposition to data center construction in various parts of the United States.Sources say investors have asked Anthropic executives during the meetings about the potential impact of these factors on the company's growth. Anthropic's management, however, downplayed the impact of competition from low-cost AI systems, stating that the company will continue to focus on developing frontier AI models.It is understood that Anthropic plans to go public in September or early October, though specific offering prices and timelines have not yet been announced. Additionally, during the pre-IPO meetings, the company revealed to some investors that it will further expand into AI applications in healthcare and biology in the future. (The Wall Street Journal)