News linked to this event type.
Odaily News New Fire Technology (1611.HK) announced on April 22 that it will acquire the investment team and trading system of Li Lin's family office, Avenir Group, for $1.6 million. Following the acquisition, New Fire Technology plans to launch a Bitcoin-denominated asset management service named Alpha BTC, aiming to attract investments exceeding 10,000 Bitcoins within a year, valued at approximately $760 million. The strategy will generate returns through derivative trading such as options, using Bitcoin or the IBIT ETF as underlying assets. Target clients include crypto-native investors and local Hong Kong enterprises. As of the end of 2025, Avenir Group held 18.3 million shares of BlackRock iShares Bitcoin Trust, valued at $908 million.
According to official news, BitMart has recently launched a TradFi aggregation page, consolidating various traditional financial assets such as stocks, indices, precious metals, forex, and commodities onto a single page. Users can now view market data, filter targets, and execute trades all within one interface, eliminating the need to switch between different sections.The page has undergone structural adjustments centered around multi-asset trading scenarios, unifying previously dispersed asset entry points and simplifying the trading path. By optimizing the page layout and operational logic, asset switching and order placement processes have become smoother, thereby enhancing overall trading efficiency to a certain extent.
JackYi, founder of Liquid Capital, posted on X: “The recent wave of failures among crypto VCs and projects had one core cause: funding was largely spent on maintaining teams that built useless Web3 products. The biggest misconception was trying to replicate Web2 products. In essence, Web3 is a financial industry—it doesn’t require re-creating Web2 products. Historically, the most successful crypto companies have all been financial products: stablecoins, exchanges, payment solutions, etc. Now, with the AI era arriving, two things are clear: first, massive fundraising and large teams are no longer necessary; second, AI + finance presents a new opportunity. We believe exceptional founders, backed by just a few elite team members, can build world-class companies—this represents the single largest opportunity in today’s primary market.”
According to Bloomberg, cryptocurrency venture capital firm Blockchain Capital is concurrently raising two new funds, with a combined target size of $700 million—its seventh early-stage fund and its second growth fund. Sources familiar with the matter revealed that the firm has already begun deploying part of the newly raised capital, and the entire fundraising round is expected to be completed within five to six months.
Odaily News Keel Infrastructure and Hive Digital Technologies saw their stock prices rise on April 22. Keel completed the sale of its Paso Pe mining facility in Paraguay, securing $13 million in funds, with the aim of fully exiting the Bitcoin mining business and shifting its focus to high-performance computing and AI development in North America. Hive Digital Technologies completed a $115 million private placement, with the funds to be used for purchasing GPUs and developing data centers. The stock prices of the two companies have risen by over 40% and 31% respectively in the past month. Additionally, Core Scientific announced plans to issue $3.3 billion in high-yield bonds to fund its transition to AI infrastructure.
Odaily News SpaceX stated in its IPO filing documents that orbital AI computing, along with lunar and Martian industrialization efforts, are still in their early stages and involve significant technical complexities, potentially preventing them from achieving commercialization. Elon Musk once called space AI computing an obvious choice, believing that orbit could become the lowest-cost location for AI within two to three years. The document warns that orbital AI data centers operate in harsh and unpredictable space environments, where system failures may occur. Additionally, delays in the development of Starship could also limit the company's growth strategy. SpaceX currently targets a valuation of approximately $1.75 trillion and plans to raise $75 billion in the coming months.
According to Reuters, the UK’s Financial Conduct Authority (FCA) stated that it has jointly searched eight London locations suspected of operating illegal peer-to-peer cryptocurrency trading activities, together with tax authorities and police, and issued cease-and-desist letters to each site. The FCA said evidence obtained during on-site inspections supports multiple ongoing criminal investigations. This operation was conducted under anti-money laundering (AML) and counter-terrorist financing (CTF) regulations, aiming to prevent such operators from providing criminals with channels to transfer, conceal, and use illicit funds. Currently, no peer-to-peer cryptocurrency exchange operators are registered with the FCA in the UK.
Odaily News: International gold and silver prices have experienced a slight pullback. Among them, gold (XAUT) saw a minor 24-hour decline of 1.10%, currently quoted at $4,752.65; silver (XAG) fell by 1.93%, currently quoted at $77.78. Despite signs of temporary easing in the international situation, market risk aversion sentiment remains strong, driving increased activity in both trading and open interest for related contracts.According to CoinGlass data, the 24-hour trading volume for Gate XAU contracts reached $197 million, a sequential increase of 68.68%, with open interest reaching $22.11 million. The 24-hour trading volume for Gate XAG contracts reached $143 million, a substantial sequential increase of 108.06%, with open interest reaching $15.30 million.Gate pioneered the metal contract trading sector, offering 7×24 hour continuous trading, providing users with greater strategic flexibility and asset management efficiency in volatile market conditions. Gate contracts now cover a wide range of traditional financial assets including stocks, metals, forex, indices, and commodities, supporting trading of core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.
According to The Information, Tencent and Alibaba are in talks to invest in DeepSeek, which is valued at over $20 billion.
According to TechCrunch, AI research lab NeoCognition has announced a $40 million seed funding round, co-led by Cambium Capital and Walden Catalyst Ventures, with participation from Vista Equity Partners and others. Founded by Professor Yu Su of The Ohio State University and others, the company’s core focus is enabling AI agents to build environment-specific “world models” through real-world operational experience—rather than relying solely on general pre-training—to improve task execution reliability. NeoCognition currently targets the enterprise market and plans to offer embeddable AI agent systems for SaaS companies.
Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that the current cryptocurrency market rally is still ongoing. However, compared to the U.S. stock market’s S&P 500 hitting new highs and MicroStrategy’s continued aggressive Bitcoin purchases, this Bitcoin rally is relatively weak overall and exhibits clear characteristics of a bear-market rebound. He noted that his team has recently focused on analyzing MicroStrategy’s risks, concluding that its strategy of aggressively raising funds to continuously buy Bitcoin may be effective in the short term but poses medium-term risks—especially amid broader macro-financial risks. JackYi also said the team is preparing for potentially major opportunities, adding that such opportunities in the crypto space often emerge during bear markets.
SpaceX announced today that it has reached a cooperation agreement with AI-powered programming startup Cursor, which has granted SpaceX the right to acquire Cursor later this year for $6 billion—or pay $1 billion to advance their collaboration. According to reports, Cursor’s developer, Anysphere, closed a $400,000 pre-seed funding round in April 2022, co-led by Alameda Research and Heroic Ventures. Alameda invested $200,000 in Anysphere, acquiring approximately 5% equity; this stake was sold at its original price during FTX’s bankruptcy liquidation. Had it not been sold, the stake would now be worth roughly $3 billion.
Odaily News According to Etherealize's latest research report, which proposes the "Productive Money" theory, if Ethereum captures the combined monetary premium of approximately $31 trillion currently held by gold and Bitcoin, its implied price could exceed $250,000, far above the current level of around $2,300.The report points out that ETH not only possesses traditional monetary attributes such as scarcity, verifiability, and censorship resistance but can also generate an annualized yield of about 2%–4% through staking, achieving an "interest-bearing" monetary characteristic, thereby distinguishing it from non-productive assets like gold and Bitcoin.Furthermore, within the DeFi system, ETH serves a triple demand source as a "collateral asset + fee-burning mechanism + staking lock-up," forming a mechanism for supply contraction and value accumulation. The report believes that with the development of on-chain finance and asset tokenization, ETH is expected to simultaneously possess the dual attributes of a "store of value + productive asset."However, the report also notes that ETH's path to achieving this valuation still faces multiple uncertainties including regulation, technology, and competition. Its long-term value revaluation depends on the market's recognition of its monetary properties.
Odaily News: HIVE Digital Technologies, a technology company specializing in crypto mining and high-performance computing hosting, announced that its subsidiary has completed a private placement of $115 million in 0% interest exchangeable senior notes (maturing in 2031). The offering included an over-allotment option of $15 million, indicating strong institutional demand.HIVE Digital stated that the net proceeds from this financing are approximately $109.5 million. The funds will be primarily used for capital expenditures (including GPU procurement), data center construction, general corporate purposes, and to support its AI infrastructure expansion strategy. The initial conversion price for the notes is approximately $2.57 per share, representing a premium of about 17.5% over the pre-issuance stock price, with a capped hedge price premium reaching 125%. This zero-interest financing introduces a new group of institutional investors while helping achieve its 2026 growth targets under reduced capital costs.
Odaily News Cryptocurrency analyst Ai disclosed data on platform X, stating that companies in the artificial intelligence field raised approximately $242 billion in funding in the first quarter of 2026, accounting for about 80% of global venture capital. However, the capital was highly concentrated in a few "mega funding rounds," such as OpenAI's $122 billion round, Anthropic's $30 billion round, xAI's $20 billion round, and Waymo's $16 billion round. Meanwhile, enterprise AI spending continues to rise. Gartner predicts that global total AI spending will reach $2.52 trillion in 2026, a year-on-year increase of 44%, with capital rapidly shifting from the application layer to infrastructure and computing power development.
According to CoinDesk, citing the Financial Times, Revolut—the largest fintech company in Europe and a crypto-friendly platform—has informed investors that its target valuation range for its IPO is $150 billion to $200 billion, with the earliest possible listing date no earlier than 2028. Previously, in November 2025, the company completed a share sale at a valuation of $75 billion—representing over a 125% increase from that figure. Meanwhile, Revolut is reportedly preparing for a secondary share sale in the second half of 2026, with an expected valuation of approximately $100 billion. Financially, the company’s pre-tax profit for 2025 rose 57% year-on-year to £1.7 billion (approximately $2.3 billion). On the operational front, Revolut obtained a full UK banking license in March this year and has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a U.S. banking license, accelerating its global market expansion. However, insiders indicate that a formal valuation target has not yet been finalized.
Odaily News: According to sources, UK-based digital bank Revolut plans to seek a valuation between $150 billion and $200 billion in its future IPO, a significant increase from its previous $75 billion valuation. The company's CEO, Nik Storonsky, also revealed that Revolut is preparing for a new round of secondary share sale in the second half of 2026, with a potential valuation exceeding $100 billion. (Financial Times)Previously, Nik Storonsky stated that the company's listing timeline is at least two years away, potentially delayed until 2028 at the earliest, with no immediate IPO plans. He pointed out that Revolut is currently focusing on expanding its presence in the US market, including applying for a banking license to gain access to the Federal Reserve's payment system and expand its lending and credit card businesses. Meanwhile, the company has already obtained a full banking license in the UK.
According to an official announcement, BitMart will list USD.AI (CHIP) at 21:00 (UTC+8) on April 21. The trading pair CHIP/USDT will be available.USD.AI is a permissionless lending protocol providing financing for the AI infrastructure industry. The protocol allows GPU operators to tokenize and collateralize their hardware equipment for quick access to capital. It employs a dual-token model: USDai (a stablecoin over-collateralized by PayPal's PYUSD) and sUSDai (an interest-bearing token with a target annual yield of 10-15%, with returns sourced from GPU-backed loans). CHIP is the governance token, allowing holders to vote on protocol parameters, administrator approvals, and USD.AI Improvement Proposals (UIPs).
Odaily News Securitize announced the appointment of investor, Blackstone advisor, and former International Monetary Fund (IMF) board member Sunil Sabharwal to its board. Sunil Sabharwal served as the U.S. representative to the IMF, confirmed by the U.S. Senate, from 2016 to 2018, for which he received the U.S. Department of the Treasury's Distinguished Service Award. He currently serves on the boards of Thunes and TookiTaki, and previously served as Chairman of payment companies Earthport and Ogone, which were acquired by Visa and Ingenico, respectively. Since 2021, he has served as an advisor and operating partner for the Blackstone Growth Equity Fund.Securitize currently manages over $4 billion in on-chain assets, including the BlackRock BUIDL Fund and tokenized products from institutions such as Apollo, BNY, Hamilton Lane, KKR, and VanEck. The company reached an acquisition agreement with a Cantor Fitzgerald affiliate last October, valuing Securitize at $1 billion. The merged company is set to list on Nasdaq under the ticker symbol CEPT.
According to Cointelegraph, Strategy’s financing instrument STRC has traded below its $100 par value since April 15, potentially undermining its ability to continuously raise capital via share issuance to purchase Bitcoin—raising the risk of Bitcoin falling below $70,000. Strategy previously disclosed that approximately 86% of the funding for its most recent Bitcoin purchase—34,164 BTC—came from STRC financing. The report also notes that historically, during periods when Strategy paused Bitcoin purchases, Bitcoin’s average decline was around 30%. Technically, if the lower boundary of the flag pattern is breached, Bitcoin could fall toward the $67,000–$69,000 range; however, if it holds above both the 20-day and 50-day EMAs, price may still rebound and test the $78,000 resistance level.