Morning paper |SpaceX buys Cursor for $60 billion; Kalshi and Polymarket launchs a permanent contract deal; NeoCognition completes $40 million in financing
Photo by ChainCatcher
Important information:
- SBF Early US$ 200,000 in Cursor financing and liquidation, currently worth approximately US$ 3 billion
- Kalshi and Polymarket announced the launch of a permanent contract deal to predict a market platform to accelerate the advance of derivatives
- SpaceX announced the acquisition of $60 billion from AI programming start-up company Cursor
- AI Research Laboratory
- DeepSeek, valued or over $20 billion
- Digital Bank Revolut IPO with highest or $20 billion
- Joined the Zone Block Chain Security Standards Committee to develop a security framework with members such as Coinbase
What's important about the past 24 hours
ChainCatcher, founder of AAVE Stani, wrote on platform X that the team was pursuing programmes with multiple partners to achieve an orderly return to normal market conditions and ensure that users had the best results。
Arbitrum Security Council has recovered $70 million worth of ETH, which could significantly reduce potential risk exposure. Various discussions and solutions are under consideration. Stani indicated that his efforts were focused on Aave users and protocols and thanked industry developers for their support. Follow-up progress will be published through @aave on an ongoing basis。
DeepSeek, valued or over $20 billion
ChainCatcher, according to The Information, was negotiating with Ali Baba on an investment in DeepSeek, estimated at over $20 billion。
Robinwood Ventures invested $75 million in OpenAI
ChainCatcher NewsAccording to The New York Times, Robinwood Ventures invested $75 million in OpenAI。
Irihua: The current rebound is weak and features a bear market rebound
ChainCatcher NewsLiquid Capital's founder, Irihua, stated that the current encryption market rebound continued, but the overall performance was much higher than the general index innovation and that MicroStrategy was still weak in the context of continuous buy-in, showing a rebound in the bear market。
It noted that MicroStrategy continued to buy bitcoin through radical financing, either in the short term or effective, but might face uncertainty in the medium term when macro-financial risks increased. At the same time, it believed that there was no need for pessimism in the market and that opportunities often arose at the bear market stage。
ChainCatcher reports that SpaceX has announced today that it has entered into a cooperative agreement with the AI programming company Cursor, which grants SpaceX the right to buy it for $60 billion later this year, or to pay $10 billion to advance cooperation between the two sides。
It is known that the Cursor developer, Anyshere, completed a $400,000 Pre-Seed round of financing in April 2022, which was co-financed by Alameda Research and Heroic Ventures. Of this, Alameda invested $200,000 in Anysphere and obtained approximately 5 per cent of the shares。
THE EQUITY WAS SOLD AT THE ORIGINAL VALUE AT THE TIME OF THE LIQUIDATION OF THE FTX AND, BASED ON A $60 BILLION VALUATION, WOULD HAVE BEEN WORTH APPROXIMATELY $3 BILLION IF THE EQUITY HAD NOT BEEN SOLD。
ChainCatcher NewsAccording to CoinDesk, Kalshi, the forecasting market platform, is preparing to launch an encrypted currency transaction in the United States, expanding beyond its core forecast market operations. According to the source, the platform plans to launch permanent contracts linked to encrypted tokens such as bitcoin。
This will create more direct competition between Kalshi and encryption platforms like Coinbase. Coinbase currently does not offer a real contract of perpetuity in the United States, but has introduced a long-term “renewable” futures contract and has expressed interest in introducing more advanced derivative products into the United States。
Kalshi already holds a number of licences from the United States Commodity Futures Trading Commission (CFTC) and has recently been authorized to provide a bond deal with access to derivatives markets. According to the source, the company expects to begin with a permanent contract linked to encryption, which may be extended to other asset classes in the future。
Kalshi’s competitor, Polymarket, also announced in X that it plans to launch a renewable future on its platform without disclosing more details. Videos in tweets show that users are allowed to leverage multiple transactions for gold, NVIDIA, BTC, AAPL, etc., and that registration allows early access。
Bloomberg: Li Lin transferred 20 people to Hong Kong stock listing company Bitfire
ChainCatcher reports that Lee Lin is transferring all about 20-person trading teams from his family office, Avenir Group, to Bitfire Group, a Hong Kong-listed wealth management company, which is known to hold 30 per cent of the Bitfire shares to help the company attract more private bank customers。
The chief executive officer of Bitfire, Livio Weng, stated that Bitfire would buy the team and its trading system from Avenir Group. Avenir confirmed the deal. With the addition of the new team, Bitfire has obtained some $500 million in initial investment intentions from family offices and listed companies。
Digital Bank Revolut IPO with highest or $20 billion
ChainCatcher reports that the British Digital Bank Revolut plans to seek a future IPO valuation of between $150 billion and $200 billion, a significant increase over its previous valuation of $75 billion, and that its CEO, Nik Storonsky, also revealed that Revolut is preparing a new round of second-class shares to be sold in late 2026, valued or exceeded $100 billion。
According to earlier information, Nik Storonsky stated that the company would have to be listed for at least two years, as early as 2028, without an IPO plan in the short term. He noted that Revolut was currently focusing on the expansion of the United States market, including the application of bank licences to access the Fed ' s payment channels and to expand lending and credit card operations. In the meantime, the company has obtained full bank licence plates in the United Kingdom。
SpaceX announced the acquisition of $60 billion from AI programming start-up company Cursor
ChainCatcher News, SpaceX wrote on platform X that it had entered into a cooperation agreement with the AI programming company Cursor, which granted SpaceX the right to buy it at $60 billion later this year or to pay $10 billion to advance cooperation between the two parties. Cursor is a fast-growing artificial-intelligence start-up company that focuses on developing code writing software。
ChainCatcher reports that United States bipartisan legislators have jointly published the PACE Bill to create a unified national payment licence for financial science and technology companies and encrypted money companies, under the supervision of the United States Monetary Supervisory Authority (OCC)。
ChainCatcher, Michael Saylor, in a letter sent on platform X, stated that Strategy had achieved 47,079 BTC returns in the first three weeks of April, with a rate of 6.2 per cent, or approximately $3.6 billion at current prices。
According to Michael Saylor, Bitcoin Gain is the closest net profit measure under the “bitcolumn” system。
ChainCatcher, Bloomberg, citing Jefferies LLC, reports that a hacker attack last weekend that drew close to $300 million from a small encryption project, and the resulting $10 billion run-off of the largest decentrized lending platform, could slow Wall Street’s interest in block chain technology。
Jefferies Digital Asset Research Team Analyst Andrew Moss noted that banks, asset management companies and payment agencies have been developing block chain products similar to the technical systems used by North Korean hackers this time in the past year。
While the report concluded that it was unlikely that the incident would affect traditional financial markets, it warned that traditional financial institutions might therefore suspend their steps and reassess the associated risks before further developing block chain operations。
ChainCatcher reports that MasterCard has joined the Block Chain Security Standards Committee (BSC) as a member of the statute level, working with the members Coinbase, Fireblocks, Angelage Digital and BitGo to develop a security framework for block chain networks and monetized assets。
The MasterCard will also be part of a working group focused on security and privacy guidance, with Claire Le Gal, who is responsible for fraud prevention, network resilience, disputes and threat intelligence, represented on the BSSC Board of Directors. BSSC Executive Director stated that the payment experience of the MasterCard was of great value for the development of robust block chain security rules. The MasterCard has introduced multi-currency networks and encryption voucher products aimed at embedding trust in block chains and monetizing infrastructure。
ChainCatcher News, the AI Research Laboratories NeoCognition announced the completion of a $40 million seed ship facility, co-sponsored by Cambium Capital and Walden Catallyst Ventures, with the participation of Vista Equity Partners, and the investment of angels, including Intel CEO Lip-Bu Tan and Ion Stoica, co-founders of Databricks。
The company, based in Palo Alto, California, was created by Yu Su, Associate Professor at Ohio State University, together with Xiang Deng, Yu Gu, to focus on improving the reliability of AI ' s intelligence. Its programme is to enable intelligents to build their field “world models” in practical use to adapt to specific business environments rather than relying on generic pre-training models. The company is currently targeting its business clients and is planning to embed SaaS products into a sustainable optimized AI intelligence body, and no publicly available products have been released。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNBy April 23, 0900
In the past 24h ETH top five hot coins were: LNK, Mog, SPX, USDe, Neiro
In the past, 24h Solana top five hot coins were: swarms, Net, LOL, Buttcoin, WOJAK
In the past 24h Base top five of the popular tokens were: SKITTEN, PEPE, BASED, B3, Skya
What are the good articles worth reading in the past 24 hours
Finally, Polymarket joins forces with Kalshi to move this cake
Derivatives markets are back to spoilers。
Yesterday, Polymarket, the market giant, announced that it was about to launch a permanent futures deal, which would allow users to trade at least 10 times the price of assets, including real world assets such as gold and silver, shares of companies such as Inweida and Coinbase, and digital assets such as bitcoin。
A few days ago, The Information reported that another market head project, Kalshi, was planning to support the renewal of futures on its platform, which would enable United States clients to trade derivatives contracts without maturity and to use so-called financing interest rates for all-weather transactions。
Prognosing the expansion of durable contract products in the short term, the markets are expanding their product and income boundaries, supporting rising financing and valuation, and responding to potential threats from some cross-border competitors。
The one that put Web3 closest to AI
TIME HAS PROVEN, SBFMaybeIt's one of the most successful AI investors in the encryption ring. In 2021, the AI heat hasn't arrived, ChatGPT is waiting for another year, and Anthropic has just split from OpenAI and is willing to bet $500 million on this original few. Cursor is more famous than ever。
Beyond AI, his vision is also ahead of the market: when Solana was a small group of projects, he built a warehouse at an average price of $8, with a peak account of about $2.1 billion; he held approximately 7.5 per cent of Robinhood’s shares, with a current market value of about $10 billion; and $100 million invested in Mysten Labs, which now adds more than $800 billion。
