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.
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Latest News
U.S. National Debt Expected to Reach $40 Trillion Earlier Than Forecast
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.
Unitree Pre-IPO Futures Imply $40.5 Billion Valuation Ahead of Shanghai Debut
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...
Groq Raises $350 Million at $3.5 Billion Valuation After Nvidia Deal Reshapes the Company
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...
Anthropic’s Annual Revenue Run Rate Reportedly Surpasses $65 Billion Ahead of IPO
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.
Robotera Eyes Hong Kong IPO of Up to $1 Billion as China’s Humanoid Robotics Boom Accelerates
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 Jump 17% After OpenAI Agreement Adds $8.8 Billion in Market Value
Cerebras shares surged 17%, adding approximately $8.8 billion in market value after investors welcomed the company's agreement with OpenAI.
Nvidia Backs Financing for Massive OpenAI Data Center in Ohio
Nvidia is backing financing for a massive OpenAI data center project in Ohio, reinforcing the company's strategy of accelerating AI infrastructure investment.
Stripe Acquires OpenRouter in Deal Worth More Than $7 Billion
Stripe has acquired AI startup OpenRouter for more than $7 billion, marking one of the largest artificial intelligence acquisitions of the year.
Anthropic’s Revenue Surges 14-Fold Ahead of Potential Record-Breaking IPO
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 Says Bitcoin Is Approaching a Cyclical Bottom as It Eyes New Buying Opportunities
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 Pony.ai Plan to Deploy More Than 2,000 Robotaxis Across Europe
Uber and China's Pony.ai are expanding their autonomous driving partnership with plans to deploy more than 2,000 robotaxis across Europe.