Citi to Launch Custody+ Crypto Custody Service Later This Year
Citi will launch its Custody+ platform later this year, allowing institutional clients to hold Bitcoin alongside traditional assets within a single custody framework.
Citi will launch its Custody+ platform later this year, allowing institutional clients to hold Bitcoin alongside traditional assets within a single custody framework.
The U.S. national debt is now expected to reach $40 trillion months earlier than previously forecast, while investors demand higher yields to finance rising government borrowing.
Pre-IPO futures tied to Unitree Robotics have surged more than 300% above the company’s IPO valuation, implying a market value of roughly $40.5 billion ahead of its Shanghai debut.
AI chip startup Groq has raised $350 million at a $3.5 billion valuation, nearly half its previous $6.9 billion peak after Nvidia licensed its technology and hired away key executives.
Anthropic’s annualized revenue has reportedly surpassed $65 billion ahead of its expected IPO, as investors increasingly focus on the company’s long-term growth projections.
Chinese humanoid robot maker Robotera is considering a Hong Kong IPO that could raise up to $1 billion as investor interest in robotics continues to surge.
Cerebras shares surged 17%, adding approximately $8.8 billion in market value after investors welcomed the company’s agreement with OpenAI.
Nvidia is backing financing for a massive OpenAI data center project in Ohio, reinforcing the company’s strategy of accelerating AI infrastructure investment.
Stripe has acquired AI startup OpenRouter for more than $7 billion, marking one of the largest artificial intelligence acquisitions of the year.
Anthropic reported more than $11.5 billion in second-quarter revenue, reinforcing expectations that its upcoming IPO could become the largest public offering in history.
VanEck believes Bitcoin is approaching a cyclical bottom rather than entering a prolonged bear market, while also remaining bullish on AI infrastructure, semiconductors, gold, and energy.
Uber and China’s Pony.ai are expanding their autonomous driving partnership with plans to deploy more than 2,000 robotaxis across Europe.
LG shares climbed more than 6% after the company expanded its strategic partnership with Nvidia to develop humanoid robots, AI factories, and next-generation mobility technologies.
Revolut will open its first airport lounge in Copenhagen in 2027 as the fintech company expands beyond banking into premium travel services.
Anthropic investors are reportedly targeting a valuation above $2 trillion in the company’s upcoming IPO, which could become the largest public offering in history.