News linked to both this project and an event.
Odaily Report: The Balancer community has proposed a "Fork and Reincarnate" proposal, aiming to continue its technology and ecosystem through an official fork in the event that the protocol may be shut down, and to position the new protocol as a tokenized stock trading platform. The proposal suggests that MAXYZ lead the establishment of a new official fork entity, migrating part of the liquidity, team members, partners, users, and intellectual property, while delaying the pause timeline for existing pools and the Vault to Q2 2027.Regarding funding, the proposal plans to use approximately 6 million uncirculated BAL remaining from Balancer as seed funding for the new project, worth about $690,000 at current prices; if the new protocol conducts a token issuance or other liquidity exit event in the future, the Balancer treasury will receive 10% of the new protocol token's fully diluted valuation in advance. The proposal also plans to grant the new fork a perpetual, irrevocable, non-exclusive license to Balancer-related intellectual property.
According to Reuters, citing sources familiar with the matter, Anthropic is adjusting its IPO timeline to mid-October, potentially kicking off the roadshow at that time, and plans to complete the listing before the U.S. midterm elections in November. The company is targeting a valuation of up to approximately $2 trillion for the offering.
Odaily Odaily News: Fox Business crypto reporter posted on X platform, stating that according to a source familiar with the matter, the U.S. Securities and Exchange Commission's tokenization innovation exemption will be further delayed, and relevant details will remain undisclosed for now. The source noted that one possible reason is that the tokenization provisions in Section 10505 of the Clarity Act have been under repeated consultation among stakeholders, and any action taken by the SEC through the innovation exemption could affect the compromise plan for those provisions. This means that until the path forward for the Clarity Act becomes clearer, the exemption may remain on hold. The SEC still plans to hold a public meeting at 10 a.m. tomorrow, during which it intends to propose new rules and exemptions for fundraising transactions involving crypto assets, namely Regulation Crypto Assets.