Metaplanet just created a new debt instrument tied to Bitcoin's volatility, the same week a major index threatens to delist them for holding Bitcoin in the first place. Metaplanet launched "BitBonds," selling $1.3 million in unsecured private debt with up to 4.3% annual interest
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When a $516 million fund turns into $3.7 billion in four years, someone saw the future earlier than the rest of us — and it wasn't spread across a hundred companies.
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The Winklevoss twins are burning through nine figures a year to prove crypto exchanges can be public companies, and the market just told them it's not buying it yet. Gemini shares dropped 7% to $4.00 after reporting a Q2 net loss of $107.7 million, despite revenue climbing 37% to $45.5 million
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The platform that made "apes together strong" a rallying cry just became blue-chip institutional property. Reddit joins the S&P 500, sending shares up 12% in after-hours trading and ending months of speculation about the inclusion
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The SEC's first actual attempt at crypto rulemaking just got indefinitely shelved, proving that even under a friendly administration, Washington moves slower than Bitcoin block times.
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The venture math on AI just got uncomfortably clear: one OpenAI bet can turn half a billion into nearly four billion in four years. Thrive Capital's 2022 early-stage fund turned $516 million into $3.7 billion by June 2026, driven primarily by an early OpenAI position
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The AI infrastructure bet is printing money so fast that even macro headwinds can't kill the rally. Japanese stocks climbed following record US equity gains after weaker producer-price data reduced Fed rate-hike fears, with AI chip shares leading the advance
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The SEC just blinked on the biggest tokenization framework in a decade, and Wall Street's fingerprints are all over the delay.
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The company that kicked off the AI gold rush is finally going public — and the numbers say they've already won. OpenAI's annualized revenue has hit $40 billion, roughly double its end-of-2025 run rate, as it prepares for an IPO
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When your chief revenue officer doesn't make it to her first anniversary, your IPO story has a talent retention problem. Denise Dresser is leaving OpenAI's CRO role after just eight months, replaced by Dali Rajic from Wiz
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The AI tooling wars just got a new scoreboard, and the margin between "data platform" and "AI infrastructure" has evaporated. Databricks raised $5 billion at a $190 billion valuation, its second mega-round this year in the data platform wars against Snowflake and Google
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The race to the bottom just reversed at 1,100% speed. DeepSeek is raising API prices by up to 1,100% for its V4 models, effective August 16, abandoning its position as the budget AI provider
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While the market whispers about a $2 trillion IPO valuation, Anthropic is telling investors to forget the spreadsheets and watch the models run.
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Google is shipping AI models faster than developers can finish deploying the last one, and betting that half-price tokens will make you forget they still haven't shipped the flagship.
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Three months after raising a billion dollars, Kalshi is already back at the table asking for nearly double the valuation—either prediction markets just became the fastest-growing asset class in crypto, or venture capital has completely lost the plot.
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When you're racing toward an IPO and your revenue chief is already your second in twelve months, you're either scaling impossibly fast or figuring out what you're actually selling. OpenAI hired Dali Rajic as Chief Revenue Officer, the second person in that role in less than a year
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The platform that let retail traders crash GameStop just packaged venture capital into a publicly traded wrapper with the same fees that VCs charge billionaires. Robinhood Ventures Fund II priced its IPO at $25 per share, raising $200M to invest in early-stage private companies
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Anthropic is about to spend more buying one AI startup than most companies raise in a lifetime, and the math only works if chips are the new bottleneck. Anthropic is in talks to acquire AI startup Decart for $6 billion, making it the company's largest known acquisition
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A Portuguese drone company nobody's heard of just became worth more than most European unicorns, and the quiet part is who's writing the checks. Tekever, a surveillance drone maker, is raising up to €500 million at a €5.5 billion valuation, a 5x jump from 2025
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A server search mistake just turned 1,700 alleged fraud victims into legal ghosts. South Korean courts sentenced Delio CEO Jung Sang-ho (Jeong) to 15 years in prison for defrauding investors of approximately $50 million through the crypto lending platform
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