News linked to this event type.
This round of financing will be used to build and improve the global payment infrastructure, compliance system, and business presence in key markets; enhance cross-border payment service capabilities and global operational capabilities; and further advance the company’s development of a new-generation financial infrastructure that is compliant, efficient, and built for the internet era.
According to Cointelegraph, TapTools, a real-time Cardano analytics platform, announced it will gradually shut down over the next two weeks. Since the beginning of this year, the platform has lost two co-founders, its Chief Operating Officer, Chief Technology Officer, and a backend developer. This exodus has resulted in a critical knowledge gap, rendering the platform unable to maintain normal operations. TapTools also cited high operational costs—including infrastructure, development, and support—as another key reason for the shutdown. The platform stated it remains open to external acquisition or financing. Cardano founder Charles Hoskinson accepted partial responsibility, noting he had previously proposed an “index program” to rescue struggling projects, but the initiative failed to materialize.
According to Tech in Asia, Special, an AI-powered M&A firm co-founded by Nate Cavanaugh and Justin Fox—both former staff members of the U.S. government’s Department of Government Efficiency (DOGE)—has announced a funding round of undisclosed amount, led by Andreessen Horowitz (a16z). Investors include Antonio Gracias, founder of Valor Equity Partners; Anthony Armstrong, former CFO of xAI; Brian Armstrong, CEO of Coinbase Global; and Shyam Sankar, CTO of Palantir Technologies. Special plans to acquire service-based businesses by automating workflows with AI to reduce costs, and has already reached an agreement to acquire a Texas-based healthcare company, which will be integrated into Figure Health—the company’s business line focused on aging populations.
according to sources familiar with the matter, SpaceX plans to launch a major IPO next week, targeting a valuation of approximately $1.75 trillion. The sources stated that Elon Musk's rocket manufacturing company may sell less than 5% of its shares, valued at between $60 billion and $80 billion. This proportion is significantly lower than a typical IPO. The exact figures could still change before Wednesday afternoon. The company plans to submit updated documents on Wednesday afternoon, which will include the offering price guidance range for the issuance. Earlier this year, following the acquisition of the AI company xAI, SpaceX's valuation stood at approximately $1.25 trillion. (Jin Shi)
Leverage Shares posted on X, stating that if SpaceX eventually goes public with a valuation between $1.75 trillion and $2 trillion, Musk's approximately 43% stake would be worth between $752 billion and $860 billion. Combined with his holdings in Tesla and other companies, his total assets could reach the trillion-dollar level.
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.
Odaily Odaily Alexandre Laizet, director of Capital B’s Bitcoin strategy board, stated on X that the company has submitted a new proposal to the board, seeking shareholder approval for a capital raising authorization of up to $122 billion. The proposal aims to accelerate its Bitcoin treasury reserve strategy, including a capital increase of up to €5 billion (equivalent to $5.8 billion) through 125 billion shares at current par value, and a credit instrument authorization of up to €100 billion (equivalent to $116 billion).Shareholders can vote online before the company's joint general meeting of shareholders on June 17. Previously, Capital B purchased 192 Bitcoins for $15.2 million, and subsequently acquired an additional 4 Bitcoins, bringing its total holdings to 3,139 Bitcoins. (cointelegraph)
According to official announcements, Deepcoin, a global cryptocurrency exchange, has officially obtained the Bitcoin Service Provider (BSP) license issued by the Central Reserve Bank of El Salvador, enabling it to offer Bitcoin custody, Bitcoin trading, and related exchange services within the country’s regulatory framework. This license is a key authorization under El Salvador’s Bitcoin regulatory system; applicants must meet requirements in governance, risk management, cybersecurity, and anti-money laundering (AML)/countering the financing of terrorism (CFT) compliance. Deepcoin stated that this approval marks a new milestone in its global compliance strategy.
According to PRNewswire, SignalPlus announced the completion of its $50 million Series B1 funding round, achieving a post-money valuation of $500 million. HashKey Capital led the round, with participation from BlockBooster and AppWorks. Goldman Sachs served as the exclusive financial advisor.
French listed company Capital B (ALCPB) is seeking shareholder approval to raise up to $58.2 billion through a new share issuance and up to $116.4 billion through credit instruments to increase its BTC holdings. (BitcoinTreasuries.NET)
According to independent analyst Markus Thielen, Strategy’s recent small-scale Bitcoin sale following its May earnings call was interpreted by the market as a test of market reaction and the flexibility of its capital allocation strategy. Analysts noted that while Strategy remains highly bullish on Bitcoin, the success and expansion of its STRC preferred stock financing instrument may take precedence in its overall financial arrangements. This move breaks the company’s “buy-only, never-sell” market image maintained for nearly six years; given Strategy’s strong influence on Bitcoin demand, this shift is quietly reshaping market expectations.
Starting June 1, the Central Bank of Brazil officially tightened licensing requirements for Virtual Asset Service Providers (VASPs), mandating that all cryptocurrency firms applying for or renewing their licenses undergo independent financial audits. The audit scope covers compliance with anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations, segregation of client funds from platform-owned funds, risk management mechanisms, and staff training. Audit firms must be registered with the Brazilian Securities and Exchange Commission (CVM). Previously, Brazil established a regulatory framework for virtual assets through legislation in 2022 and introduced the VASP licensing category in November 2025. This latest regulation further strengthens compliance oversight of the cryptocurrency industry.
According to the Central Bank of Russia’s “Financial Stability Review,” Russian private investors currently hold approximately 3.8 billion rubles in cryptocurrency-linked financial instruments—a figure nearly unchanged from 3.7 billion rubles six months earlier—indicating stagnation in market interest growth. Of this amount, 1.7 billion rubles flowed into crypto-linked corporate bonds; 5,600 investors collectively held cryptocurrency futures positions worth 1.7 billion rubles; and roughly 3,800 investors allocated 354 million rubles to digital financial assets pegged to Bitcoin and Ethereum. Major issuers include large banks such as Sber and VTB. Meanwhile, the Moscow Exchange has progressively launched Bitcoin and Ethereum futures, along with related ETFs, and will introduce Solana, Ripple, and TRON futures in May 2026.
According to FINsmes, sports “momentum market” SpeedLabs announced the completion of a $6.5 million seed funding round, led by Parlay Capital, with participation from Bullpen Capital, TA Ventures, and EdgeEquity. Unlike traditional prediction models, SpeedLabs has built a market engine designed for live sporting events—capable of reading real-time game dynamics and instantly creating and pricing markets based on in-game developments, enabling users to trade on shifts in game momentum. The company believes these newly generated, real-time event momentum markets represent the next growth frontier for prediction markets.
Solana ecosystem Perp DEX project BULK has announced the launch of its Season 1 points program. Pre-deposits are now open, with 1 million AURA (points) distributed weekly until the exchange officially goes live.Previously, BULK announced the completion of an $8 million seed funding round, led by 6th Man Ventures and Robot Ventures, with participation from Big Brain Holdings, Wintermute, and Solana co-founder Anatoly Yakovenko, among others.
Odaily reports, according to official sources, X Layer has entered into a strategic partnership with xStocks, a regulated tokenized stock issuance platform. Together, they will promote the integration of tokenized stock assets into the X Layer ecosystem and make related trading services accessible to OKX Wallet users. In the future, users will be able to trade xStocks-related assets 24/7 within the OKX Wallet, benefiting from the settlement, liquidity, and distribution capabilities provided by X Layer. The two parties will also launch a fast-listing mechanism to accelerate the tokenization and trading circulation of popular stocks and thematic ETFs within a compliant framework.It is reported that X Layer is committed to building on-chain infrastructure for financial assets, covering key areas such as settlement, liquidity, and distribution. xStocks has previously facilitated over $31 billion in cumulative tokenized stock trading volume and has become the first major issuer to commit to providing asset depth on X Layer, driving the expansion of tokenized stock scale.
"New Stock God" Serenity stated that he had not anticipated Alphabet, Google's parent company, would need to seek financing to support its $80 billion AI capital expenditure plan, adding that the funds will be used for the AI infrastructure construction of hyperscale cloud service providers.According to his introduction, this financing includes a $40 billion ATM equity offering program, $30 billion in stock and related securities issuance, and a $10 billion investment from Berkshire Hathaway.Serenity believes that Alphabet's expansion of AI capital expenditures could benefit upstream supply chain companies such as Lumentum (LITE), Broadcom (AVGO), MediaTek, TSMC (TSM), and Micron (MU). However, he also noted that for Google shareholders, such a massive capital expenditure plan is not entirely supported by free cash flow, meaning its impact may not be entirely positive.
According to CoinDesk, Belgian digital asset services firm Keyrock plans to acquire bankrupt crypto trading and lending company BlockFills for $3.25 million. Keyrock has already been designated the “successful bidder” by the court, and final approval of the deal is pending at a hearing scheduled for June 16, 2026. BlockFills filed for Chapter 11 bankruptcy protection in March this year under its parent company, Reliz Ltd., reporting liabilities between $100 million and $500 million, while holding assets valued at only $50 million to $100 million. This acquisition would grant Keyrock access to BlockFills’ institutional client network—including hedge funds, asset management firms, market makers, and mining companies—as well as its proprietary technology and intellectual property. BlockFills processed over $60 billion in trading volume in 2025 and served approximately 2,000 institutional clients. Keyrock previously completed its Series C funding round, led by SC Ventures, the investment arm of Standard Chartered Bank, achieving a valuation of $1.1 billion.
According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.
Google's parent company, Alphabet (GOOG.O), is raising $80 billion through an equity offering, including an investment agreement with Berkshire Hathaway, to fund its ambitious artificial intelligence spending plans. In an announcement, Alphabet disclosed that this fundraising initiative includes a $30 billion underwritten public offering and a $40 billion "at-the-market" (ATM) offering. As part of this fundraising plan, Berkshire Hathaway will subscribe to $10 billion worth of shares through a private placement. Alphabet will issue $5 billion of Class A common stock to Berkshire at $351.81 per share, and an additional $5 billion of Class C common stock at $348.20 per share. The company stated: "AI demand has exceeded the company's current supply capacity. By expanding the scale of investment, the company aims to enhance its infrastructure, thereby providing strong support to seize significant future growth opportunities."