News linked to this event type.
Odaily News: ZEC treasury company Cypherpunk Technologies (Nasdaq: CYPH) has released its Q2 2026 financial report, posting a net profit of $39.39 million, or $0.18 diluted earnings per share; in the same period last year, the company reported a net loss of $16.64 million and an operating loss of $4.69 million. R&D expenses stood at $0.2 million, down from $10.54 million in the same period last year, primarily due to the completion of clinical trials; general and administrative expenses reached $4.49 million, up $2.75 million year-over-year, mainly driven by increased stock-based compensation. As of June 30, the company's cash balance was $7.6 million. During Q2, the ZEC price rose from $243.35 to $400.09, generating approximately $46 million in non-cash unrealized gains for the company. As of August 11, 2026, the company held a cumulative total of 323,400 ZEC, with an average cost basis of approximately $341.83, representing about 1.92% of ZEC's total circulating supply. On the business development front, the company has appointed Dev Ojha, founder of Valar Group, as an advisor. Valar Group focuses on Zcash network development and research, and has led the development of the high-performance full node software Zakura and the Ironwood shielded pool. The company's subsidiary, Leap Therapeutics, has reached an agreement with the U.S. FDA on the Phase III clinical trial design for sirexatamab (anti-DKK1 monoclonal antibody), and received FDA Fast Track designation in May 2026 for the treatment of patients with second-line metastatic colorectal cancer with high DKK1 expression. The company has also initiated a strategic process to evaluate pathways for advancing sirexatamab development through independent financing or collaboration with partners.
Odaily News: AI software development startup Lovable has announced the completion of a $400 million Series C funding round, led by Menlo Ventures, with Scaleup Europe Fund, managed by EQT, co-leading. The company's valuation now stands at $13.3 billion, doubling from the $6.6 billion valuation at its December funding round. Lovable co-founder and CEO Anton Osika stated that the company's annual recurring revenue has nearly tripled since December. In March, Lovable disclosed that its annual recurring revenue had reached $400 million, up from $300 million a month earlier and $200 million at the end of 2025. Lovable helps users build software through natural language prompts. The company says that since its launch in November 2024, over 60 million projects have been created on the platform. (Business Insider)
According to CoinDesk, the Bank of England (BOE) announced that its digital pound project has officially entered the second phase, focusing on testing whether public stablecoins and Central Bank Digital Currencies (CBDC) can interoperate within a single payment stream to promote the modernization of cross-border trade finance. This experiment focuses on SME trade finance scenarios: exporters receive advance financing through stablecoin technology, while UK importers complete final settlement using the digital pound. Participants include UK fintech company NOBO Finance, global business data analytics firm Dun & Bradstreet, and blockchain company Polygon Labs. The three parties will integrate wallet transaction data, open finance information, and business intelligence to build reusable credit assessment profiles for SMEs. Polygon will provide stablecoin settlement infrastructure through its Open Money Stack, encompassing fiat currency exchange, wallet, and smart contract functionalities. The BOE emphasized that the laboratory does not involve real customers or funds, does not represent a decision to officially issue the digital pound, and the experimental results will serve as a reference for the joint assessment of the digital pound by the Bank of England and the Treasury later this year.
Odaily News: The Bank of England's (BOE) digital pound project has entered its second phase, testing whether publicly issued stablecoins and central bank currency can operate together in a single payment process for trade finance. The BOE will collaborate with NOBO Finance, Dun & Bradstreet, and Polygon Labs in its Digital Pound Lab to explore building reusable credit profiles for small businesses and research the use of stablecoins alongside a potential digital pound in invoice factoring. The experiments do not involve real customers or funds and are designed to provide a reference for the BOE and the UK Treasury in evaluating the interoperability of different forms of digital currency. (CoinDesk)
According to Bloomberg, Stockholm, Sweden-based AI programming startup Lovable announced the completion of a $400 million Series C funding round, reaching a post-money valuation of $13.3 billion. The round was co-led by Menlo Ventures and the EU-backed investment firm Scaleup Europe Fund (managed by EQT AB), with participation from multiple venture capital firms. New investors from Latin America and Asia, including Tencent Holdings, also participated. Lovable is dedicated to the AI-assisted programming field and is accelerating expansion to compete with larger-scale competitors such as Anthropic.
Bitget announces the launch of the "Archimedes Plan (Project Archimedes)", establishing a dedicated fund with a total size of $300 million to provide capital support to quantitative trading firms, asset management institutions, and market makers. The plan comprises two sub-projects: a $100 million "Funding Support Plan" focusing on supporting emerging and growth-stage quantitative institutions adopting market-neutral strategies; and a $200 million "Interest-Free Loan Plan" targeted at institutions with mature strategies and certain trading volumes, where those meeting corresponding trading volume or position standards can obtain interest-free funds to reduce financing costs and expand strategy scale. Bitget CEO Gracy Chen stated that as institutional trading competition intensifies, capital, execution efficiency, and risk control are becoming key factors determining whether strategies can achieve scalability. Project Archimedes aims to help teams with mature capabilities expand strategy scale through capital support, and is expected to support over 50 projects within the next six months. Meanwhile, leveraging the Bitget Unified Account (UTA), institutions can use rToken spot positions as derivatives margin, maintaining tokenized stock exposure and contract strategies simultaneously without cross-account transfers, thereby further improving capital efficiency. Project Archimedes will adopt a long-term cooperation framework, implementing rolling access and phased deployment, and will subsequently disclose progress regularly, including the number of participating institutions, fund deployment scale, and strategy distribution.
According to EU-Startups, UK cybersecurity startup Cytix announced the completion of a 6 million euro (approximately 7 million USD) Series A funding round, led by UK venture capital firm Northern Gritstone, with participation from existing investors Auriga Cyber Ventures and NPIF II – PXN Equity Finance. Founded in 2020, Cytix focuses on addressing software change security risks arising from AI-assisted development, agent workflows, and continuous delivery, and its change risk management platform helps enterprises identify high-risk changes and take corresponding measures.
Odaily News: Crypto travel platform Entravel has completed a $7.5 million funding round, co-led by Ethereal Ventures and Finality Capital, with participation from GSR, Varrock, G1 Ventures, Seier Capital, Veris Ventures, Funfair Ventures, and WTG Ventures.Entravel provides travel booking systems for over 40 brands including Kraken and MetaMask, covering 300 million users with an average booking conversion rate exceeding 10%. The company was founded in 2026. (Tech Funding News)
According to TechFlow Research, JPMorgan's US stock strategy report on August 9 raised the S&P 500 year-end target price from 7,800 points to 8,000 points, the 2026 EPS forecast from $358 to $365 (+35%), and the 2027 EPS forecast to $420 (+15%). Among the 87% of companies that have disclosed earnings, 78% beat earnings expectations, with Q2 earnings growth reaching 53%. The report noted that AI capital expenditure is expected to reach $900 billion in 2026 (+85%), surpassing $1.2 trillion in 2027, with hyperscale vendors accounting for approximately 87%. However, cloud revenue realization is accelerating: AWS up 37%, Azure up 43%, Google Cloud up 82%; AWS backlog orders increased 36% quarter-over-quarter to $496 billion, and Google backlog orders increased by $55 billion to $514 billion. JPMorgan believes the order coverage ratio is improving, and monetization pace is catching up with spending pace. Excluding Google and Amazon's combined $152 billion in unrealized private equity gains (mainly from Anthropic's $65 billion financing), Q2 actual earnings growth was about 31%, and 2026 normalized EPS is about $347 (+28%). JPMorgan maintains the assumption of approximately 20x forward P/E ratio for the S&P 500 index unchanged, stating that the earnings upward revision is sufficient to
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)
Odaily News, Citrini analyst jukan stated on the X platform that Temasek, one of Asia's largest sovereign wealth funds, is making new investments in Samsung Electronics and SK Hynix, marking Temasek's first foray into the Korean stock market.It is understood that Temasek believes memory semiconductors represent the lowest-valued segment within the AI value chain. An industry insider noted: "Temasek's investment approach is to allocate substantial capital to market-leading sectors from a long-term perspective. Samsung and SK Hynix have surged more than 880% from their lows last year, but this move indicates Temasek is confident the rally will continue."
GPU market data infrastructure company Silicon Data announced the completion of the first closing of its $30.5 million Series A financing round, led by Valor Atreides AI Fund, with participation from CME Ventures, DRW, Samsung Next, VanEck, Jump Trading, Wintermute, and others. The funds will be used for GPU benchmark pricing, performance measurement, institutional and alternative data, as well as derivatives, insurance, and credit market risk infrastructure.
According to TechFlow Research, a Bank of America research report on August 10 pointed out that NVIDIA signed a memorandum of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion in third-party capital through an independent platform. Previously, NVIDIA invested approximately $70 billion in equity in ecosystem partners such as OpenAI and Anthropic, accounting for only 15% of the expected free cash flow of $470 billion from 2026 to 2027, without affecting the commitment to return 50% of free cash flow to shareholders. Bank of America believes the financing structure shifts the capital burden from NVIDIA to the consortium. GPU computing power can be transferred across operators, and CUDA extends the service life, with the asset quality itself resisting depreciation. The $500 billion fund pool allows non-investment grade buyers to acquire GPUs at preferential rates, transforming AI computing power acquisition from capital-intensive purchases to financial leasing, supporting the $1.7 trillion AI system TAM by 2030. Bank of America maintains a Buy rating with a target price of $350, corresponding to 26 times the expected earnings per share in 2027. The upcoming earnings conference call is the next important catalyst.
NVIDIA announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish an independent financing platform. The platform aims to mobilize over $500 billion in third-party capital over the long term to support AI infrastructure development.
Odaily News: GPU market data infrastructure company Silicon Data has announced the first closing of its $30.5 million Series A funding round, led by Valor Atreides AI Fund, with participation from CME Ventures, DRW, Samsung Next, VanEck, Jump Trading, Wintermute, and others. The funds will be used for GPU benchmark pricing, performance measurement, institutional and alternative data, as well as risk infrastructure for derivatives, insurance, and credit markets.Silicon Data currently collects data from approximately 100 GPU rental platforms across more than 40 countries worldwide, processing over 150,000 verified price records daily. CME Group plans to adopt Silicon Data's benchmarks as the reference price for its proposed cash-settled GPU futures contracts, pending regulatory approval.
Odaily News: Global venture capital firm Accel has announced that it has raised $3.5 billion in new funds for early-stage investments worldwide. A total of four funds were raised, including a global expansion fund of $1.35 billion for larger early-stage rounds and follow-on investments; a U.S. fund and a Europe and Israel fund, each sized at $800 million; and an India fund of $550 million.Accel partner Harry Nelis said that companies are raising more capital earlier in their lifecycle than ever before, creating opportunities for investors, while the scale of risk remains.Accel has invested in AI companies such as Anthropic, Cursor, and Perplexity. (bloomberg)
Odaily News: Connecticut Federal District Court Judge Vernon D. Oliver denied Kalshi's motion for a preliminary injunction, ruling that its sports event contracts do not constitute swaps under the Commodity Exchange Act. The CFTC therefore does not hold exclusive jurisdiction. The ruling noted that sports event contracts account for 80% to 90% of Kalshi's listed contracts and revenue, and the CFTC has never reviewed any of these contracts under relevant special rules. Oliver held that event outcomes fall under the category of event results, not separate events. Coinbase Financial Markets suffered a similar defeat on the same grounds, having offered Kalshi contracts through its platform since January as a futures commission merchant rather than a designated contract market, and Connecticut had not previously issued a cease-and-desist order against it. Kalshi was valued at approximately $11 billion at the time of its February hearing, with around 24,000 users in the state. (Bitcoin.com News)
Empery Digital sold 1,635 Bitcoin between July 1 and August 6, raising $102.2 million, with holdings reduced to 1,279 BTC. Of these, 954 BTC have been pledged as collateral for a $35 million debt, leaving only 325 BTC unrestricted, a notable decrease from 1,375 BTC on June 30. In the first half of this year, Empery Digital also sold 1,167 Bitcoin, generating $80.1 million, while spending $54 million to repurchase shares, repay $50 million under a repurchase financing facility, and another $10 million loan. The company repaid $20 million in debt after June 30, with the lender returning 585 Bitcoin, reducing the collateralized amount from 1,539 BTC to 954 BTC. Empery Digital has invested $2.9 million in EMHU, an independent real estate project managed by Texstack, and may need to contribute an additional $62.1 million if the acquisition is completed. The company has also completed a $20 million investment in Cardinal Data Power, acquiring approximately 8% equity; as of June 30, the company held $3.7 million in cash including restricted cash, with a working capital deficit of $5.7 million. (Bitcoin.com News)
Odaily News: The U.S. Securities and Exchange Commission (SEC) will hold a public meeting on August 14 to consider proposing a "Regulation Crypto" rule framework that would allow certain crypto projects to raise funds without completing full securities registration. If public comment is initiated, this would mark the SEC's first formal, long-term crypto industry rulemaking. The framework is expected to establish a pathway for exiting SEC oversight: after project developers raise funds, if they no longer actively manage the project and the project achieves decentralization, it may fall outside SEC jurisdiction. SEC Chair Paul Atkins has previously stated that the exemption period could last up to four years, though the announcement did not disclose funding amount thresholds. The U.S. Senate did not advance the Digital Asset Market Clarity Act before entering its August recess. The final rule will still take several months to complete, and the meeting will be held at 10:00 a.m. ET on August 14. (Decrypt)