Companies

Companies coverage from the StreamSage Companies desk: Large Cap, Small Cap, Public, Private. Sources on every story. Page 11.

• Arcus launches pTokens to turn perp accounts into ERC-20s

  Arcus launched the pToken protocol on Robinhood Chain, offering tokens for BTC and HOOD with up to 3x leverage.

• Coinbase launches tokenized stocks on Base network

  The initial rollout covers Apple, Nvidia, Meta, and Alphabet shares, available to eligible investors outside the U.S.

• Strategy raises $2 billion cash while BitMine buys ETH

  Strategy sold MSTR shares for net proceeds of $2.01 billion to build liquidity, while BitMine added 32,447 ETH to its treasury.

• Riot's Anthropic Bridge Loan Expires Before Rent Begins

  Riot's $573M Morgan Stanley facility matures in December 2026, a year before the first Rockdale capacity delivery.

• Bitmine Immersion buys 32,447 ETH, holdings hit 4.8% of supply

  Tom Lee called the recent rally overdue, while Bitmine's stake now reaches 5.8 million ether.

• Bitari S-1 Shows New Investors Funding 99.8% of IPO for 10% Equity

  The preliminary prospectus shows $30 million from public buyers against $45,000 from existing holders, with one insider retaining 85.87% voting power.

• Chaince shareholders vote on 20B share ceiling and reverse splits

  The vote follows a $300M at-the-market stock sale program and a preliminary $800M Bitcoin reserve plan.

• Binance introduces Agent OS for AI-driven crypto trading

  The new system links ChatGPT and Claude to Binance markets, while safety controls separate agents from user funds and assign oversight responsibilities to traders.

• Optimism Redirects $49.7M Airdrop Reserve to Strategic Fund

  Governance voted to move 546.9 million OP tokens into a Foundation-administered fund, a decision secured by a late vote from Test in Prod.

• Tether-backed Antalpha sees loan TVL drop $696 million

  Antalpha reported a $12.5 million net loss and a 34% decline in its loan book, driven by a $22.3 million hit on tokenized gold.

• Alibaba revenue rises 9% while net income falls 75%

  Cloud and AI product revenue grew 45% in the June quarter as shares moved lower after the earnings report.

• Ondo executive compares tokenization adoption path to ETF growth

  Ondo's John Hoffman says tokenized assets are following the 33-year trajectory of exchange-traded funds, citing $2 billion in locked value.

• Bitdeer signs $400M AI cloud computing deal for Malaysia site

  The five-year contract will generate revenue from early 2027 while Bitdeer targets 350 megawatts of AI capacity by 2028.

• Tether stakes over 9% in USDS via listed NovaBay shell

  The former biopharma firm now trades at $1.00, repeatedly bought to stay above NYSE delisting thresholds after an initial post-announcement rally.

• OpenAI CFO tells staff company goes public by 2027

  Sarah Friar said at an all-hands that OpenAI will be public in 2027 if not sooner, per CNBC citing unnamed sources.

• Google option to buy Marvell stock tied to chip deal

  The option covers about $12 billion in Marvell shares as part of a new custom chip arrangement.

• Moderna shares more than double on Phase 3 cancer trial success

  Moderna stock surged 131% to near $148 after its personalized mRNA therapy met key Phase 3 endpoints in melanoma.

• Carvana shares rebound after report says Walter stake is pledged

  Bloomberg Markets reports that billionaire Mark Walter cannot immediately sell his Carvana holdings while a federal probe of his empire continues.

• Coinbase adds 50x leverage perps to Base App via Hyperliquid

  The Hyperliquid integration provides eligible Base App users access to more than 290 perpetual futures markets with 50x leverage.

• GnosisDAO Approves Shift to Ethereum-Settled Rollup

  GnosisDAO voted to move from a standalone Layer 1 to an Ethereum-settled rollup, unlocking 350,000 GNO and ending validator staking rewards.