News linked to this event type.
: Latin American cross-border payment app El Dorado has completed a $9 million Series A funding round, led by venture capital firm Paradigm, with participation from Coinbase Ventures and Verda Ventures. The company stated that its current key growth paths include "non-mainstream payment corridors" such as Brazil and Bolivia. It is already operating in 12 countries, covering markets including Argentina, Brazil, and Colombia, with over 100,000 active users and 5 million processed transactions.Additionally, El Dorado has launched a cross-border payment product for enterprises, incorporating multi-signature and multi-organization architecture, and integrating stablecoin and fiat channels. It operates on a Layer 1 network supported by Tempo, primarily serving real trade scenarios such as electric vehicle imports. (The Block)
Odaily Odaily: U.S. listed digital infrastructure developer and operator Blockchain Digital Infrastructure announced a rebranding to AIB Data Centers. The new name will take effect on June 25, 2026, and transactions under the new name will begin on June 26, marking a full pivot to the AI data center infrastructure track. Earlier this month, the company announced a $55 million common stock offering to support its construction of AI hosting and high-performance computing digital infrastructure to drive business growth. (Globenewswire)
According to the 8-K filing submitted by Strategy to the U.S. Securities and Exchange Commission (SEC), the company purchased 1,587 bitcoins at an average price of approximately $63,024 between June 8 and 14, 2026, for a total of roughly $100 million. The funds came from the ATM program for MicroStrategy (MSTR) common stock. During the same period, the company sold 1.7326 million shares of MSTR common stock via the ATM program, raising net proceeds of approximately $209 million. As of June 14, 2026, Strategy held a cumulative total of 846,842 bitcoins, with a total cost basis of approximately $64.07 billion and an average purchase price of about $75,656 per bitcoin.
the new AI lab founded by Lin Junyang, former core head of Alibaba's Tongyi Qianwen, has completed its initial funding round, raising a total of several hundred million US dollars with a post-investment valuation of approximately $2 billion. Sequoia Capital China and Gaorong Capital each led the round with $100 million investments, while Tencent participated with a $20 million investment. Lin Junyang left in March this year due to disagreements over team restructuring. The project has now initiated preparations for a new funding round. Tencent, which is intensifying its AI layout, has previously invested in multiple local large-model enterprises and is also currently participating in the latest funding round of DeepSeek. (The Information)
Hydra Host, a data center software startup and AI server intermediary platform, has completed a $100 million funding round at a post-money valuation of nearly $800 million. The round was led by Kindred Ventures. Other investors include Nvidia, ARK Invest, Magnetar Capital (an early investor in CoreWeave), and existing shareholders Founders Fund and Flume Ventures.Founded in 2021, Hydra Host initially served cryptocurrency miners but has since pivoted to providing automation software for data center operators. This software enables them to rent out idle Nvidia AI server computing power and operate a GPU matching marketplace connecting GPU holders with renters. The company has now deployed its technology across 50 data centers globally, expanding from 30 in February of this year. (The Information)
SpaceX began trading last Friday, with an opening price of $150 per share. It rose as high as $171 during the session, propelling Elon Musk to become the world's first "trillionaire," driven by his holdings in SpaceX and Tesla.However, managing a trillion-dollar fortune is far from a simple scaled-up version of managing a billion-dollar one. Wealth managers indicate that there are currently almost no traditional wealth advisors with experience managing trillion-dollar assets. Taking on Musk's wealth would require establishing a new kind of family office with a governance structure similar to a large corporation.Experts point out that for a trillion-dollar fortune, the core issue has shifted from "how to grow assets" to "how to maintain control, reduce risk, and achieve long-term governance." At this scale, wealth management must simultaneously consider asset succession, tax planning, market influence, liquidity, public scrutiny, and multi-generational governance.Unlike ordinary billionaires, a trillion-dollar fortune itself can influence market prices. Advisors say that if the holder sells stock, the trading activity could directly impact the market performance of the related companies. This also involves risks related to voting control and corporate governance.Furthermore, a trillion-dollar net worth does not equate to having the same amount of cash on hand. The majority of Musk's wealth comes from corporate equity. Financing through stock pledges exposes him to margin risk, interest rate risk, and concentration risk.Wealth management experts believe that at this scale, a 1% loss in management efficiency equates to approximately a $10 billion loss in value. Therefore, the focus is no longer just the investment portfolio, but on building a complete framework to protect wealth, manage control, and plan for succession. (Fortune)Analysts also point out that the specific risk of Musk's wealth lies in the high degree of linkage between his personal influence and his companies. The future development of SpaceX and Tesla will depend not only on the assets themselves but also on Musk's personal leadership and long-term planning capabilities.
According to FinanceFeeds, the Bangko Sentral ng Pilipinas (BSP) has approved Memorandum No. M-2026-023, prohibiting licensed cryptocurrency exchanges and other virtual asset service providers (VASPs) from listing or supporting privacy coins to strengthen anti-money laundering (AML) and countering the financing of terrorism (CFT) oversight. The new rule primarily targets regulated platforms and does not apply to individual holdings of privacy coins or over-the-counter (OTC) peer-to-peer transfers.
“White-Haired Stock Guru” Serenity posted a summary of the regional market style differences observed on X:1. USA: Bullish on all “futuristic” narratives, such as targets like $SPCX. Less sensitive to valuations, more focused on potential and imagination.2. Europe: From SIVE to SOI, attention to AI infrastructure construction is relatively weak. The time frame leans toward performance over the past 12 months (specifically noting that Belgium has performed decently, while observing France and Sweden).3. South Korea: High-leverage “Degen” style with extremely volatile markets, similar to the intense fluctuation structure of “50x Hyperliquid traders entering the stock market.”4. Japan: Generally mild and supportive, with fewer aggressive short-selling or bearish expressions.Serenity added that data on other regions such as Latin America is still insufficient, but observations will continue in the future.
SpaceX soared on its Nasdaq debut Friday, with its market capitalization surpassing $2 trillion. The listing went more smoothly than many observers had anticipated. Shares began trading late Friday morning and mostly fluctuated between 15% and 30% above Thursday's pricing throughout the session, without significant volatility. The stock closed at approximately $161, up 19%, placing the company as the sixth largest in the United States. The final settlement price is yet to be determined. Trading volume exceeded 500 million shares, with a turnover of around $80 billion. With major listing plans from Anthropic and OpenAI on the horizon, market observers had worried that a flood of new stocks could weigh on market performance following a prolonged IPO drought. However, investors ranging from large institutions to Elon Musk's retail fan base were in high spirits by the end of the day. "SpaceX not only broke records in terms of IPO fundraising size but also left other major companies far behind. When the initial valuation was already close to $2 trillion, adding so much market cap in an instant is impressive," said Dan Coatsworth, Head of Markets at AJ Bell. (Jinshi)
According to market reports, French company Mistral AI is in talks to raise funding at a valuation of approximately €20 billion.
Sharon AI Holdings, a Nasdaq-listed company, announced a six-year strategic computing cooperation agreement with NVIDIA to jointly expand AI infrastructure capabilities in Australia.Under the agreement, the two parties will collaborate to build approximately 72MW of data center computing capacity and deploy infrastructure based on the NVIDIA DSX AI Factory architecture. The plan is to gradually scale up to 40,000 Grace Blackwell GB300 GPUs to meet the computing needs of AI startups, enterprise clients, and research institutions.The cooperation model adopts a structure combining revenue generation with credit support: Sharon AI will be responsible for selling cloud services based on NVIDIA's computing power, while NVIDIA, upon receiving hardware and basic product revenue, will also participate in a share of cloud service revenue, forming a sustainable "usage-driven revenue model."Sharon AI stated that this collaboration will significantly enhance its capital efficiency, enabling it to expand AI infrastructure capabilities without relying on traditional heavy-asset financing and accelerate the deployment of "sovereign AI computing power" in Australia. With this partnership, Sharon AI's total AI factory capacity will increase to 132MW, of which approximately 102MW is already contracted by clients. The company expects to deploy over 55,000 NVIDIA GPUs by mid-2027. (Businesswire)
According to Odaily, as SpaceX launches its IPO with a valuation of $1.8 trillion, it is set to create 9 billionaires. This includes a CFO who managed the books for 14 years, a female executive who rose from the 11th employee to president, a Twitter co-founder, and a Saudi prince who made an early bet. They are all reaping massive fortunes in this space capital盛宴. They are:1. Prince Alwaleed bin Talal Al Saud: Estimated stake of 0.28%, corresponding to a share value of $5.1 billion;2. Luke Nosek: Estimated stake of 0.19%, corresponding to a share value of $3.4 billion;3. Larry Ellison: Estimated stake of 0.15%, corresponding to a share value of $2.7 billion;4. Jack Dorsey: Estimated stake of 0.14%, corresponding to a share value of $2.6 billion;5. Gwynne Shotwell: Estimated stake of 0.10% (including options), corresponding to a share value of $1.7 billion;6. Bret Johnson: Estimated stake of 0.07% (including options), corresponding to a share value of $1.2 billion;7. Tom Mueller: Estimated stake of 0.06%, corresponding to a share value of $1.1 billion;8. Kimbal Musk: Estimated stake of 0.04%, corresponding to a share value of $760 million;9. Steven Witkoff: Estimated stake of 0.01%, corresponding to a share value of $270 million. (Forbes)
Odaily reports: According to market sources, social platform X will allow users to trade SPCX through brokerage channels including Coinbase and Robinhood.It is important to note that SPCX is a trading contract related to the SpaceX IPO, which has already garnered attention in the crypto derivatives market. This product does not represent holding SpaceX stock or company equity, but rather serves as a trading instrument reflecting market expectations of SpaceX's valuation at the time of its listing.
Remixpoint, a Japanese Bitcoin treasury company, has released its consolidated earnings forecast for the fiscal year ending March 31, 2027. According to the forecast, net sales for FY2027 are expected to range from ¥48.777 billion to ¥56.112 billion, operating profit from ¥6.723 billion to ¥14.058 billion, net income attributable to owners of parent from ¥5.319 billion to ¥11.443 billion, and earnings per share from ¥36.28 to ¥78.06. The digital asset management business is projected to contribute net sales of ¥5.107 billion to ¥12.442 billion, with departmental profit matching this amount. The forecast assumes a Bitcoin price range of $86,000 to $116,000, which is expected to generate valuation gains of ¥4.707 billion to ¥12.042 billion, along with approximately ¥400 million in cryptocurrency lending revenue. Additionally, the energy business is expected to achieve departmental profit of ¥2.005 billion, while the energy storage solutions business is projected to achieve departmental profit of ¥1.002 billion. The company stated that FY2027 will serve as a pivotal year for restoring profitability and enhancing contributions from growth businesses, and plans to improve transparency in revenue structure and KPI disclosures across all business segments.
According to Odaily, the crypto derivatives contract SPCX, linked to a potential SpaceX IPO, has seen a rebound on the decentralized exchange Hyperliquid, reigniting market expectations for the space company founded by Elon Musk's first day of trading.Data shows that the SPCX contract traded back up to approximately $176 to $183 on Friday, recovering from a dip to around $153 earlier this week. This marks a significant bounce from the roughly $157 level observed when market attention peaked on Wednesday. The contract currently has an open interest of about $216 million, with 24-hour trading volume exceeding $150 million.SPCX does not represent ownership of SpaceX stock, allocation rights, or equity in the company; it is a cash-settled derivative. However, with the SpaceX IPO price set at $135 per share, the market views this contract as a key benchmark for gauging investor expectations of the opening price on the first day of listing.At the current price of around $183, SPCX implies a first-day premium of about 36% for SpaceX. Earlier, in May, the contract surged to $216, corresponding to a roughly 60% premium over the IPO price. When the contract fell to $157 earlier this week, the implied market premium narrowed to about 16%.Meanwhile, other informal market signals also indicate a rebound in investor sentiment. Bloomberg reports that derivatives data from IG International implies a market valuation for SpaceX of approximately $2.4 trillion, which is over 35% higher than the roughly $1.77 trillion valuation implied by the IPO price. Additionally, Polymarket users are currently assigning a 70% probability to SpaceX's market capitalization exceeding $2 trillion at the close of its first trading day.SPCX had previously fallen by about 30% over several weeks, reflecting traders' cautious stance on SpaceX's listing performance. The recent rebound suggests the market is re-pricing the potential for a higher valuation premium from the SpaceX IPO. (CoinDesk)
the shadow market is indicating a strong performance for SpaceX stock upon listing, with an expected price increase of at least 35%. The company encompasses Elon Musk's rocket, satellite, and artificial intelligence businesses. Derivatives offered by online broker IG International pointed to a market capitalization of $2.4 trillion in Singapore on Friday morning, implying a premium of over 35% compared to the Initial Public Offering (IPO) price of $135 per share and a valuation of $1.77 trillion. (Theedgesingapore)
According to CryptoRank, TradingRazor—an AI-native trading decision platform supporting multi-chain markets—has announced the successful completion of a $1.5 million seed funding round, led by OneBit Ventures, Gaea Ventures, and Blockin VC, with participation from a group of Web3 industry angel investors. The new capital will be used for product development and ecosystem growth, supporting on-chain fund flow tracking, market data aggregation, AI-driven trading modeling, and embedded risk management.
According to GeekWire, Prometheus, an AI startup co-led by Jeff Bezos as co-CEO, has announced a $12 billion Series B funding round, valuing the company at approximately $41 billion. Investors include JPMorgan, BlackRock, Goldman Sachs, DST Global, and Arch Venture Partners.
Odaily News, Jack Mallers, founder of Strike and CEO of Twenty One Capital, stated that Bitcoin’s drop below $63,000 is not merely a sentiment issue but a reflection of the reality of insufficient liquidity in the global financial system.Mallers believes that while U.S. consumer confidence is at historic lows, the S&P 500 remains at all-time highs, indicating that traditional stock market signals have been distorted by policy intervention. In contrast, Bitcoin, as a 24/7 trading asset, more closely mirrors the true conditions of global liquidity and market stress.He emphasized that during periods of liquidity tightening, investors often "sell what they can, not what they want." Therefore, Bitcoin's decline may not signify a collapse of long-term conviction but rather forced selling under capital pressure.Additionally, Mallers questioned Strategy's perpetual preferred stock financing structure, suggesting it could place the company in a capital structure dilemma when liquidity is needed in the future, forcing trade-offs among different stakeholders.
NFTfi, an NFT抵押借贷平台, officially announced on X that due to the shrinking NFT market resulting in potential revenue being insufficient to cover operational costs, it has decided to gradually shut down the project over the coming months.Starting today, the platform will no longer support initiating new loans. Existing loans can be refinanced until July 31. Borrowers can repay loans at any time before August 31, and all existing loans will be executed according to their original terms. NFTfi will cease operations and take down its frontend website on August 31, 2026. The smart contracts will continue to operate autonomously on-chain, and users can directly repay loans and claim collateral through the contracts thereafter. Before the shutdown, the official team will release detailed instructions for directly interacting with the smart contracts. The Discord channel will remain open during this period to provide support.