News linked to this event type.
Citrini analyst Jukan posted an analysis pointing out that the recent decline in memory chip stocks, besides being affected by leveraged fund liquidations, may also indicate the market is pricing in pressure from future supply expansion in advance. Even if the global memory shortage continues until 2027, most research institutions and industry observers still expect supply-demand tightness to begin easing in 2028. As memory manufacturers such as Samsung Electronics and SK Hynix announce large-scale fab expansion plans, the market may have already started to reflect in advance the impact of new capacity release after 2028. There is a common rule in the traditional memory industry: memory stock prices usually reflect memory price peaks about two quarters in advance, but in the new AI-driven cycle, the market might price in future supply-demand changes even earlier, such as three or even four quarters in advance. The AI era may bring new changes; the logic of "price cuts leading to revenue decline" in traditional memory cycles may not fully apply to the AI infrastructure market. Jukan stated that the key difference lies in the fact that in the AI era, "demand growth driven by price declines" may buffer the impact of the memory price cycle downturn. If this logic holds, future earnings volatility for memory companies may be lower than in past cycles, and may also support higher valuation levels.
According to the Financial Times, investors are increasingly betting on a decline in SpaceX's stock price, with the stock price falling below the offering price for the first time just weeks after its listing. The report states that SpaceX's initial valuation incorporated high expectations for future growth, such as Starlink satellite internet expansion, commercialization of space business, and AI-related potential. Although previously favored by the market due to its rocket business, satellite internet, and artificial intelligence positioning, attracting significant capital attention during the early listing period, the retreat in stock price has led some traders to begin betting on further declines through short selling or other bearish strategies. Currently, SpaceX has not yet responded to this market trading situation.
: Abdul Rafay Gadit, co-founder of Zignaly and Layer 1 network Zigchain, stated that traditional wealth management relies on slow, expensive, and isolated settlement layers. Asset liquidation or investor verification can take days and requires repetitive manual compliance checks. He pointed out that a dedicated Layer 1 blockchain can embed eligibility requirements, geographical restrictions, and transfer rules directly into the asset, allowing execution, ownership, settlement, and reconciliation to exist in the same verifiable state. Zignaly has now expanded to over 500,000 users, with trading volume exceeding $10 billion. Abdul Rafay Gadit stated that the key to RWA tokenization is not minting tokens, but rather the underlying structures such as legal ownership, custody, valuation, redemption, and qualified holders.
According to DigitalToday, South Korea's KB Financial Group announced the establishment of a digital asset strategic investment fund with a scale of 100 billion won (approximately 71 million USD), aiming to seek investment opportunities in the fields of digital assets and artificial intelligence and accelerate digital financial transformation. The fund manager is KB Investment, and key investment areas include: technologies related to the digital asset market, foundational models and application services supporting AI transformation, and startups in the artificial intelligence infrastructure field such as data inference and analysis.
: AI reasoning cloud startup General Compute has obtained a $400 million loan from Upper90. This deal is the world’s first financing project to use dedicated inference chips as collateral. The company has built a proprietary AI reasoning cloud platform based on SambaNova’s self-developed ASIC chips, primarily targeting Agent-type AI computing workloads. Compared to traditional GPU clouds, it offers faster token processing speeds and lower operational latency. The hardware requires no water cooling and can be directly deployed in traditional data centers and idle cryptocurrency mining facilities.
According to Bloomberg, Zhongji Innolight Co., Ltd. has received approval from the China Securities Regulatory Commission and the Hong Kong Stock Exchange to proceed with its Hong Kong listing plan. The company obtained the filing notice from the China Securities Regulatory Commission on Friday and had previously received clearance from the HKEX.
NVentures, the venture capital arm of Nvidia, may have invested approximately $196 million in the UK-based fintech company Revolut.A confirmation statement filed with Companies House in the UK reveals that a shareholder entity, suspected to be NVentures LLC, holds approximately 141,834 shares in Revolut. Based on the issuance price disclosed in Revolut's funding round, these shares are valued at around $195.9 million.Previously, neither Nvidia nor Revolut had publicly disclosed the specific investment amount or shareholding scale of NVentures in the company. This document leak indicates that Nvidia is further expanding its presence in the fintech sector through strategic investments.Founded in 2015, Revolut is one of Europe's leading digital banking platforms, covering areas such as payments, foreign exchange, investments, and crypto asset services. In recent years, Nvidia has been consistently investing in AI, fintech, and next-generation internet infrastructure companies through NVentures, and this investment in Revolut is also seen as part of its strategy to expand its AI and digital finance ecosystem. (TechFundingNews)
According to The Wall Street Journal, data analytics software company Databricks is completing a $3 billion funding round led by Coatue Management, with the company's valuation reaching $188 billion. Compared to the $134 billion valuation in December 2025, this represents an increase of approximately 40%. The report indicated that the artificial intelligence boom has driven growth in market demand for Databricks' data analytics software.
According to CoinPost, Tokyo Stock Exchange-listed company Bitcoin Japan (formerly Horita Marusho: 8105) announced that the estimated net proceeds will be approximately 9.657 billion yen through the issuance of unsecured convertible corporate bonds with new share subscription rights and the 2nd new share subscription rights to Cayman Islands investment fund EVO FUND. This is the first time since the company changed its name that funds have been actually allocated to Bitcoin, with an amount of 662 million yen, accounting for approximately 7% of the total financing. The remaining funds are mainly used for private equity investment (3.756 billion yen), South African rare earth mine investment (3.503 billion yen), and RaaS business investment (1.446 billion yen).
According to an official announcement, Bitget has launched trading for over 2,800 U.S. stock options, covering most major U.S. stock underlying assets. Users can trade U.S. stock options on the platform and enjoy a 0 commission promotion, along with 30 days of free real-time options quotes.It is reported that Bitget options trading adopts a T+1 settlement cycle, consistent with U.S. stock spot trading; the trading session is from 9:30 AM to 4:00 PM Eastern Time, and only supports cash transactions (margin buying is not supported), with a margin rate of 100% for Long Call/Put. The system simultaneously provides a pre-trade profit/loss estimation tool, supports order modification, cancellation, and record query, ensuring users achieve more transparent asset allocation.
According to TechFlow Research, Goldman Sachs' July 16 energy storage report pointed out that electricity demand from data centers is surging, traditional grid expansion requires four to eight years, and energy storage has become the fastest solution with a 12 to 18-month deployment cycle. Goldman Sachs estimates that by 2030, behind-the-meter energy storage opportunities in the US will bring about 50GWh of increment, plus 11GWh from 800V DC data centers, total US energy storage deployment will reach 172GWh, significantly upwardly revised from the previous 112GWh. Globally, annual energy storage installations are expected to reach 2100GWh by 2040. Goldman Sachs believes energy storage is transitioning from renewable energy supporting equipment to a necessity for AI infrastructure, which will change the industry valuation logic. In terms of targets, FLNC (Buy) secured exclusive battery partner qualification for Nvidia DSX Vera Rubin, data center pipeline projects reached 12GW, up 30% sequentially; CATL (Buy) has about 30% global energy storage market share, already used in Shanghai SenseTime data center; Tesla (Neutral) 2025 energy storage deployment 46.7GWh, energy business 2028 estimated revenue 29 billion USD; Energy Vault (Neutral) received 6x EV/EBITDA valuation; LGES (Buy) North America ESS capacity expected to reach 50GWh by end of 2026. Canadian Solar, Ford, Samsung SDI, Shoals, Sungrow are also worth watching. Goldman Sachs emphasizes the need to distinguish those with real order support
programmer Stefan Thomas holds an IronKey encrypted USB drive containing the private keys to 7,002 Bitcoins. These Bitcoins were payment for an educational video titled "What is Bitcoin?" he created in 2011. Recently valued at approximately $111,000 per coin, the total is estimated at $777 million. The IronKey device is configured to permanently lock and delete its contents after 10 incorrect password attempts. Thomas has already tried 8 times, leaving only 2 password attempts remaining. Manufacturer Kingston stated that aside from the original password set by the user, there is no backup password or alternative recovery method available. Thomas sought assistance from digital forensics company Naxo and security researcher Chris Tarnovsky, and had previously declined Unciphered's help after reaching verbal agreements with two other teams. As of late 2025, the IronKey remains stored in a Swiss vault, and as of mid-2026, successful recovery has not been confirmed.
Odaily Odaily: Argentine digital bank Ualá has completed a $197 million funding round, led by Allianz X, the strategic investment arm of the Allianz Group, with a $20 million investment from Tether. The round was announced in March, valuing Ualá at $3.2 billion. Ualá has over 11 million users, with operations spanning Argentina, Mexico, and Colombia. The company will use the funds to expand across Latin America, with Mexico as a key market. Ualá founder and CEO Pierpaolo Barbieri stated that this investment does not include the integration of stablecoins on the platform. Ualá operates as a licensed bank in relevant markets, and regulatory rules restrict it from conducting such integrations.
According to EToday, South Korea Financial Supervisory Service (FSS) Governor Lee Chan-jin presided over a financial situation inspection meeting yesterday, calling on financial institutions to strengthen market stability and forward-looking risk management. Regarding the stock market, the Financial Supervisory Service announced it will monitor securities firms' margin financing, securities lending, and margin trading activities to prevent market volatility from causing increased losses for individual investors. Lee Chan-jin stated that against the backdrop of intensified volatility in the South Korean stock market, continued tensions in the Middle East, and rising expectations of further interest rate hikes in the United States, future financial market volatility may further expand, and relevant institutions need to make adequate preparations.
Odaily News Renowned trader Ansem posted on X, stating that buybacks (for token prices) actually don’t have much effect.Ansem further noted that Hyperliquid's annualized revenue is $800 million, while Pump.fun's annualized revenue is $440 million; however, HYPE's FDV is as high as $65 billion, whereas PUMP's FDV is only $1.4 billion. Both teams regularly use a portion of their business profits for buybacks, yet their P/S ratios are vastly different.This disparity doesn't stem from how much revenue the businesses actually generate, but rather reflects the market's "trust premium" for the teams — a trust determined by their actions and decisions in the market. Hyperliquid never over-promises, focuses purely on product delivery, and generously rewards core users who contribute the most to the platform based on established metrics. In contrast, Pump.fun generated $1 billion in revenue, raised another $1 billion in an ICO, and promised users an airdrop, but has yet to deliver. Despite being one of the most successful and profitable businesses in the crypto industry, they lack a social consensus bond with their core user base and thus cannot achieve the trust premium that Hyperliquid enjoys.Therefore, what determines a business's valuation includes not only the "tangible value" derived purely from revenue and other metrics but also "intangible value." Trust, memetics, and attention are all crucial in the market, yet they are currently discussed far too little.
According to Reuters, the PayPal board believes the $53 billion acquisition offer ($60.50 per share) jointly proposed by Stripe and private equity firm Advent International undervalues the company, and has concerns regarding regulatory approval risks and financing certainty; it has not yet formally responded to the proposal. The PayPal board believes that if management successfully executes the existing transformation strategy, the company's future potential value will far exceed the current offer. Meanwhile, the acquirers have obtained approximately $50 billion in financing support from JPMorgan Chase and Morgan Stanley, with Stripe and Advent contributing a combined $17 billion in equity. Reportedly, if the parties encounter antitrust hurdles, they may consider divesting assets such as PayPal's Braintree to Advent. Despite differences, Stripe and Advent are still regarded as the most serious potential buyers at present, and negotiations are expected to continue for some time. PayPal will release its quarterly earnings report on July 28, and the market will closely monitor the growth of its core checkout business.
According to The Block, Shuyao Kong, a core team member of Ethereum scaling project MegaETH, announced on July 16 the official closure of the flagship accelerator program Mega Mafia, which operated for two years across two cohorts. The project incubated approximately 20 teams in total, cumulatively helping them raise about $80 million in financing (covering Pre-Seed to Series A), but Kong admitted "the project was built on assumptions that no longer hold true," and most successfully incubated applications are no longer building on MegaETH. Among them, flagship project GTE chose to build its own public chain, Noise shifted to Base, HelloTrade shifted to Monad, and some projects such as Avon and Valhalla have closed. Notably, MegaETH did not hold equity or governance rights in any project during the incubation process. Kong stated that MegaETH will shift resources to "first-party application" development in the future, directly establishing relationships with end users, focusing on "OMEGA"-level consumer applications that can only be realized on MegaETH.
According to PR Newswire, Crypto.com announced it has received a $400 million strategic investment from Citadel Securities. This financing round values the company at $20 billion and marks the first institutional capital injection in Crypto.com's ten-year history. Jim Esposito, President of Citadel Securities, stated that Crypto.com has laid a solid foundation for the continued institutionalization of the digital asset market. Kris Marszalek, Co-founder and CEO of Crypto.com, stated that this financing will accelerate the company's expansion into all asset classes such as tokenized securities and derivatives, promote the integration of cryptocurrency with traditional financial markets, and build a more efficient 24/7 financial ecosystem.
Odaily News: Crypto trading platform Crypto.com has secured a $400 million investment from Citadel Securities, bringing its company valuation to $20 billion. This deal marks Crypto.com's first institutional funding round since its establishment in 2016. Crypto.com stated that it will use the funds to expand its business in tokenized securities, derivatives, and other asset classes.
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.