News linked to both this project and an event.
According to STAR Market Daily, humanoid robotics company Current Robotics (Yuanliu) has publicly disclosed its financing progress for the first time, having completed seed, angel, and Pre-A funding rounds with a cumulative total of several hundred million RMB. Financial investors include Baidu Ventures, Hillhouse Capital, Oasis VC, Monolith Capital, Qianhai Ark, FSG Investment Management, and Junshan Capital; strategic partners include Agibot, StarSea, and JiKe Technology. The proceeds will primarily be used to advance large-scale acquisition of human full-body data, with a key focus on the research and development of core technologies such as whole-body dexterous manipulation foundation models and interactive world models.
Odaily News, "Fed Whisperer" Nick Timiraos stated that the US Treasury recently announced it will raise the single-operation buyback cap for long-term nominal coupon Treasury securities from $2 billion to at least $4 billion starting September 9.Timiraos, citing interest rate strategists, noted that the timing of this decision is worth attention: it comes only about two weeks after the Treasury's previous quarterly refunding announcement, and just hours after the announcement, the Treasury had planned to issue $16 billion in 20-year Treasury bonds. This unconventional timing may indicate that Treasury officials "do not like what is happening in the market."
Monitoring by the PPP Prediction Market Tool shows that Polymarket odds of "Anthropic becoming the largest IPO of 2026" stand at 45%, up 37% over the week, just slightly below SpaceX's 55%.As recently as last week, SpaceX held a commanding lead in the "largest IPO of 2026" race. But this week, Anthropic has rapidly narrowed the gap. According to market reports, Anthropic is actively advancing its listing plans, with an IPO potentially coming as early as October. Some Anthropic investors expect the company to go public at a valuation of $2 trillion or higher — a staggering figure that would surpass SpaceX.Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.
According to The Business Times, Vietnam is advancing a pilot for a regulated cryptocurrency market, with the first batch of local digital asset trading platforms potentially launching as early as the third quarter of 2026. Previously, due to strategic deficiencies in anti-money laundering, counter-terrorist financing, and counter-proliferation financing, Vietnam was placed on the grey list by the Financial Action Task Force in June 2023 and has missed the rectification deadline.
Odaily News: It is understood that Unitree Robotics angel investor Yin Fangming invested 2 million yuan in August 2016 for a 15% stake in the company, at a post-investment valuation of only 13 million yuan. After subsequent rounds of financing dilution, as of before the IPO, Junwan Hongyi, controlled by Yin Fangming, held 11.1749 million shares, representing approximately 2.76% of the company, making it the tenth-largest shareholder of Unitree Robotics. Based on the issuance market value of 61 billion yuan, the stake was valued at approximately 1.685 billion yuan; currently, Yin Fangming still holds approximately 16.62% of Junwan Hongyi.As Unitree Robotics debuted on the Science and Technology Innovation Board (STAR Market) today and its stock price briefly surged past 1,100 yuan, the market value of Junwan Hongyi's stake once climbed to 12.292 billion yuan. At present, Unitree's stock price is tentatively reported at 884 yuan, with Junwan Hongyi's stake still valued at as much as 9.878 billion yuan, representing paper gains of 9.876 billion yuan, a gain multiple of up to 4,938 times. Compared with the 840-fold return based on issuance market value, the gains have nearly sextupled. The look-through market value corresponding to Yin Fangming's remaining personal interest is approximately 1.638 billion yuan. Counting only this portion of equity and the 1.3106 million yuan in equity transfer income disclosed in 2018, Yin Fangming's book return on his 2 million yuan angel investment has exceeded 819 times.
"White-Haired Stock God" Serenity stated that Unitree (688836) surged significantly after its listing, providing an important valuation benchmark for humanoid robot companies in the public market. As a reference, Agility Robotics, backed by NVIDIA, Amazon, and others, plans to go public via Churchill Capital Corp XI (CCXI), with a pre-money valuation of approximately $2.5 billion. Tesla's market cap has already exceeded $1 trillion, but the Optimus humanoid robot business is only a part of this sprawling company.Serenity noted that Unitree's performance demonstrates that public market demand for "pure-play humanoid robot targets" is far higher than many had previously anticipated.
According to the SEC official website, the U.S. Securities and Exchange Commission formally proposed the new rule "Regulation Crypto Assets" on August 18, 2026, aiming to create a dedicated securities offering framework for investment contracts involving crypto assets. The specific content includes two registration exemptions: first, a single fundraising cap of $5 million within four years; second, a fundraising cap of $75 million every 12 months (requiring financial statements and continuous information disclosure). Additionally, the rules also establish conditional safe harbor provisions, under which crypto assets meeting the conditions will not be deemed securities under "investment contracts". SEC Chairman Paul S. Atkins stated that this move aims to provide compliant financing paths for crypto entrepreneurs, reduce the motivation for projects to operate offshore, and expand participation opportunities for U.S. investors. The proposal will be open for a 60-day public comment period after publication in the Federal Register.
Odaily News: The U.S. Securities and Exchange Commission (SEC) has proposed rules related to crypto assets, aiming to establish a clear framework for eligible investment contracts and provide a targeted securities offering regime for token issuances, enabling related entities to raise funds while retaining investor protection measures. The proposed rules would allow crypto companies to issue up to $5 million in tokens over four years, or up to $75 million in tokens within 12 months, and provide a safe harbor to prevent cryptocurrencies from being deemed "investment contracts." Issuers would be required to disclose financial statements and provide ongoing reporting. The SEC did not include the previously anticipated "innovation exemption" for crypto stocks. The proposal comes just days after the U.S. Senate failed to advance the Digital Asset Market Clarity (CLARITY) Act; the public will have 60 days to submit comments after the proposal is published in the Federal Register. SEC Chair Paul Atkins stated that congressional legislation remains essential for establishing rules that can be applied over the long term, and the SEC will continue to support Congress in advancing the CLARITY Act to President Trump. The Commodity Futures Trading Commission (CFTC) plans to discuss cryptocurrency, AI, and prediction market regulation on Thursday. (Cointelegraph)
Odaily News In a recent interview on Cointelegraph's program Chain Reaction, Lucas Sum, Head of Stock Market Development at Gate, stated that crypto and stocks are quietly converging and increasingly becoming part of the same macro trade. He pointed out that the correlation between the crypto market and the Nasdaq index is currently higher than the five-year average, with the correlation coefficient once exceeding 0.8. Market sentiment is generally cautious at present, with more funds staying in low-risk assets such as stablecoins, as investors await clearer catalysts.Lucas Sum believes that the core narrative of the next market cycle may no longer be "crypto vs. Wall Street," but rather traditional financial assets accelerating their entry into the digital financial system through on-chain infrastructure. The scale of RWA has grown from approximately $12 billion a year ago to over $30 billion, while the scale of tokenized U.S. Treasury bonds has also reached approximately $15 billion, indicating that on-chain financial infrastructure continues to expand. Meanwhile, macro liquidity, real yields, and regulatory clarity remain key factors influencing the performance of risk assets. Against this backdrop, investors' focus is shifting from single-asset allocation to coordinated allocation across multiple asset classes. Lucas Sum noted that Gate is continuously expanding its stock business, currently covering U.S., Hong Kong, and Korean stock markets, with plans to extend further into more global markets to provide the necessary infrastructure for multi-asset investment.
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."
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)
: Retail bearish sentiment has hit a new multi-year record, while institutional positioning lags even further behind. As U.S. equities face an unprecedented disconnect between fundamentals and capital flows, analysts predict a rare "Wall Street expectation gap" is now underway. Last week, the S&P 500 index posted a cumulative gain of 22% since late March and broke through the 7,700-point mark for the first time in history. As investors digested the latest batch of earnings reports, the benchmark index closed roughly flat on Monday.Strategists at 22V Research have observed a notable divergence between the AAII Bull-Bear Spread and the firm's proprietary economic data index, which tracks a range of U.S. macro data releases. According to the firm's model, the current valuation deviation implies that the S&P 500 will rise by 1.6%, 5.1%, and 7.8% over the next one, three, and six months, respectively.Dennis DeBusschere, President and Chief Market Strategist at 22V Research, wrote in a note to clients: "The current reading of investor sentiment relative to economic data suggests market returns will be above normal levels."Alastair Pinder, Global Equity Strategist at HSBC, also noted that the many macro concerns that have emerged over the past few weeks have indeed given investors ample reason to question the current stock market rally.
: Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has launched a U.S. investment-grade bond offering, just two weeks after the company announced its approximately $6 billion acquisition of the electronic bond trading platform MarketAxess.According to sources familiar with the matter, ICE's bond issuance is planned in up to five tranches, with maturities ranging from 3 to 10 years. The initial pricing guidance for the longest-dated bonds is approximately 1.15 percentage points above U.S. Treasury yields.ICE previously announced that it would acquire MarketAxess Holdings for approximately $6 billion to further expand its footprint in the fixed-income trading market. MarketAxess is one of the world's leading electronic bond trading platforms, primarily serving institutional investors and providing trading services for fixed-income products such as corporate bonds and government bonds.This acquisition is seen as a significant move by ICE to strengthen its bond market infrastructure. ICE currently owns the New York Stock Exchange (NYSE), futures exchanges, clearing houses, and data services businesses, while MarketAxess's electronic bond trading network will help ICE further expand its fixed-income asset trading ecosystem.Market participants noted that as bond trading becomes increasingly electronic, traditional exchange operators are competing for institutional investment market share through acquisitions of trading platforms and data companies. This financing also reflects the trend of major financial infrastructure companies supporting strategic mergers and acquisitions through the debt market. (Bloomberg)
Odaily News According to Gate Ventures' latest weekly report, global risk assets have shown a clear recovery over the past week, with major US stock indices collectively hitting new all-time highs. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average rose 3.58%, 5.19%, and 2.96%, respectively. The crypto market also rebounded in tandem, with BTC up 2.1% on the week and ETH up 1.4%, bringing the total cryptocurrency market cap up 1.4%. On the capital flows front, BTC spot ETFs recorded net inflows of $853 million for the week, while ETH spot ETFs saw net inflows of $244.9 million, indicating further improvement in institutional demand.In terms of industry developments, the integration of traditional finance and blockchain continues to advance. BlackRock has appointed JPMorgan to push forward the tokenization of a European money market fund, exploring 24/7 transfer of blockchain-based fund shares. Grayscale has filed an S-1 registration statement for the first US Worldcoin ETF, further deepening the connection between digital assets and traditional financial markets. Stablecoin infrastructure also remained active, with Yellow Card completing a $40 million strategic funding round and planning to expand its stablecoin account and payment infrastructure into Latin America and the Asia-Pacific markets.On the investment and financing front, eight deals were completed last week, with total disclosed funding reaching $90.64 million, focused on the infrastructure track. Overall, market risk appetite has seen some recovery, with institutional-grade blockchain infrastructure, stablecoins, and asset tokenization remaining key areas of continued industry focus.
Odaily News: UMX (The Unified Market Exchange), incubated by Avenir Group under Li Lin, has announced the launch of an invitation-only public beta.According to the introduction, UMX is positioned as a crypto-friendly securities platform for global professional investors, integrating crypto assets and real securities trading on the same platform to improve capital efficiency in cross-asset trading. During the public beta phase, the platform offers crypto spot, leverage, futures, and options trading, as well as real US stocks, ETFs, and US stock options trading.This public beta focuses on opening the capital flow channel between crypto assets and securities accounts. UMX has designed cross-market fund transfers, financing, and crypto-to-stock conversion mechanisms. Users can use "Convert & Transfer" to automatically convert stablecoins such as USDT into USD and transfer them to securities accounts with one click, or use "Borrow & Transfer" to collateralize non-stablecoin crypto assets to gain purchasing power for trading US stocks, ETFs, and US stock options. After completing fiat account verification, users can also open a personal fiat account under their own name for fiat deposits and withdrawals. Securities holdings can also be converted into corresponding stock tokens via the "Stock-to-Token" function, which can be counted toward crypto trading account margin at a corresponding discount rate, and these stock tokens can also be converted back into the corresponding securities assets.Around cross-asset capital efficiency, the platform has introduced a cross-asset margin mechanism, where eligible wealth management assets can also be used as margin. During the public beta, the platform has also launched BTC and USDT wealth management products, with maximum annualized returns of up to 2.5% and 5.5%, respectively. UMX stated that this model aims to reduce the operational costs incurred by professional investors from frequent fund transfers and fragmented account management, while providing a unified capital and risk management framework for cross-asset allocation.This public beta is invitation-based. Users who have obtained a beta code can complete registration via the UMX official website (umx.com) to experience the currently available products and services; users who have not yet received a beta code can reserve the official version, receive launch notifications, and participate in the early-bird benefits program.
Odaily News Unitree Technology (688836.SH), the "first humanoid robot stock on the A-share market," has drawn significant market attention for its IPO subscription. The company's issuance price-to-earnings ratio has reached 219.23 times, significantly higher than the industry average of approximately 38.56 times, with the effective subscription multiple in the offline inquiry phase surpassing 2,618 times.In addition, primary market investors have already reaped considerable returns. Variable Capital invested only 2.09 million yuan in 2018, and its return multiple has now soared to over 174 times. Sequoia Capital China has injected a cumulative total of approximately 102 million yuan over the years, and based on the issuance price estimate, its shareholding market value is approaching 3 billion yuan. Meituan-affiliated entities collectively hold a 9.65% stake through multiple investment vehicles, with book gains exceeding 3.6 billion yuan.However, contrasting with the high returns in the primary market, secondary market investors will face a game between high valuations and limited floating chips. Unitree Technology will publicly issue approximately 40.44 million shares this time, with the initial online offering ratio at only about 16%, while the remaining shares are mainly allocated to institutional investors through strategic placement and offline inquiry. Based on a total share capital of approximately 404 million shares after issuance, the floating shares on the first trading day will be around 29.77 million shares, accounting for about 7.36% of total share capital, with over 90% of shares remaining locked up.Currently, Unitree Technology has not yet announced a specific listing date. Following the STAR Market's new share issuance process, the company is expected to officially begin trading as early as mid-August. (Tencent Technology)
Odaily News: Unitree Robotics officially opened IPO subscription on the STAR Market today. According to the announcement, Unitree Robotics' offering price is set at 150.80 yuan per share, with a market capitalization of approximately 60.993 billion yuan at the time of listing, and an expected total fundraising amount of 6.099 billion yuan. The online subscription code for this offering is 787836, with an expected online issuance of 6.471 million shares. The market estimates the lottery win rate at 0.02%–0.03%. It should be noted that after the subscription period concludes, the lottery results will be announced on August 12, and successful investors must complete payment on the same day. If an investor wins the lottery three times within 12 months but fails to make full payment, they will be restricted from participating in new stock and bond subscriptions for six months.Yang Chao, chief strategy analyst at China Galaxy Securities, noted that the capital threshold for participating in this IPO subscription is relatively high, and the lottery win rate is low. Share prices are likely to experience significant volatility in the early stages of the STAR Market listing. Investors should fully assess the risks associated with the high valuation and ensure timely and full payment if selected, avoiding missed payments that could trigger subscription restrictions.
Odaily News: The latest software version 3.3.0 of XRP Ledger (XRPL) introduces several upgrade proposals, including Confidential Transfers. This feature is designed for institutional users, supporting encrypted token balances and transfer amounts while preserving the visibility of accounts and token types. It is primarily applied to Multi-Purpose Tokens (MPT) on XRPL, including tokenized financial assets such as funds and bonds. Through cryptographic technologies like zero-knowledge proofs, the network can verify transaction validity without disclosing specific amounts. XRPL currently holds approximately $1.38 billion in on-chain real-world assets (RWA), including about $845.7 million in RLUSD. In addition to RLUSD, there are over $530 million in tokenized assets on XRPL, involving issuers such as Ondo, VERT Capital, Archax, and Societe Generale. XRPL 3.3.0 also includes five proposals—Batch, Sponsor, Permission Delegation, and Dynamic MPT—addressing institutional needs such as batch transactions, fee sponsorship, permission management, and dynamic adjustments to token attributes. The aforementioned upgrades have not yet been officially launched and will only be activated after receiving support from more than 80% of XRPL's trusted validator nodes for two consecutive weeks.