investment

Vanguard Group's recruitment information shows that it is hiring a Head of Digital Assets for its Personal Wealth business. The job requirements include over 10 years of relevant experience, a deep understanding of digital assets (tokenization, stablecoins, custody, settlement, etc.), and the ability to innovate and manage risks within a regulatory environment.This position will be responsible for developing Vanguard's strategy, roadmap, and execution in the digital asset space, including assessing digital asset capabilities, product development, operational models, and cross-functional collaboration with departments such as product, technology, operations, risk, legal, and compliance. Additionally, it will represent Vanguard in external communications with industry participants, regulatory agencies, and clients.It is reported that Vanguard has allowed brokerage clients to trade crypto ETFs and mutual funds since last December, but the company has clearly stated that it has no plans to issue its own crypto investment products, believing that digital assets are still inconsistent with its long-term investment philosophy.

Metagent co-founder and former CTO Li Bojie responded to the accusations from ABCDE Capital partner Du Jun, stating that of the $1.5 million stipulated in the investment agreement, only $500,000 has been received, while the remaining $1 million has not been paid, yet the cap table still calculates ABCDE's equity based on $1.5 million. Li Bojie indicated that due to the long delay in funding, he and the co-founders voluntarily reduced their salaries, which hindered the company's recruitment and research and development; he left in October 2024 due to family reasons and compliance issues with Web3 in mainland China. Before leaving, he disclosed the cap table and business progress as required, and stated that future entrepreneurial projects will avoid areas related to non-compete clauses such as Web3, AI infrastructure, and image generation.

Stablecoin issuer Tether announced a strategic financing round investment of $20 million in the Latin American on-chain financial services platform Mercado Bitcoin to support its development in asset tokenization, payments, credit, capital markets, and compliant digital financial services.Founded in 2013, Mercado Bitcoin has expanded from a digital asset trading platform to a comprehensive on-chain financial infrastructure platform, covering areas such as trading services, tokenized investment products, lending, stablecoin payments, banking infrastructure, and cross-border financial services. The funds from this financing will primarily be used to expand payment infrastructure, increase the scale of tokenized products for institutional and retail investors, develop credit business, advance on-chain capital market construction, seek strategic cooperation opportunities, and promote international expansion.

Du Jun, co-founder of ABCDE Capital, stated that Li Bojie, founder of Metagent, is the "least contractual spirit founder" he has ever worked with. Du Jun mentioned that Li Bojie founded Metagent in 2024 and received investment from ABCDE Capital, but subsequently refused to fulfill the basic obligations stipulated in the investment agreement, including updating investors on business progress and financial status, and later even went completely offline.Du Jun stated that venture capital can accept project failures, but cannot accept fraudulent behaviors such as founders "running away" after receiving investment.

Lee Chan-jin, the head of the Financial Supervisory Service of Korea, reiterated a warning at the third Consumer Risk Response Agreement meeting held yesterday, stating that "the phenomenon of leveraged investment is spreading throughout the financial industry and may seriously harm the financial health of households." Lee emphasized that when household financial assets are overly concentrated in specific assets or when leveraging beyond their capacity, they not only face significant loss risks but also severely weaken the overall financial health of households.In addition, Lee requested that financial companies must fully explain the structure and risks of leveraged investments throughout the entire process of designing, manufacturing, and selling financial products, and strictly manage to avoid inducing "borrowed money investment" sales practices.

According to Jinshi, Trump stated that thanks to the Trump account, newborns today will have a significant financial advantage by the time they turn 18. During the promotion of today's account launch ceremony, he strongly advocated that early investment is the way to create long-term wealth, and pointed out that the Dow Jones Index, Nasdaq Index, and S&P 500 Index have all risen recently. "I believe the market will soar," he said, encouraging families to continue investing rather than cashing out.

According to the Goldman Sachs report on "China's AI Computing Power" disclosed by P Equity Research, China is accelerating the construction of a national computing power network, with related infrastructure projects expected to attract 7 trillion yuan in investment by 2026. In the next five years, investment in data centers is projected to reach about 2 trillion yuan. Currently, funds and technology are being massively transferred to western computing power hubs, while data centers in first-tier cities are transforming to focus on ultra-low latency computing, edge nodes, and AI inference. Although GW-level clusters with over 100,000 chips remain scarce domestically, in typical GW-level computing power parks, workloads are primarily composed of inference, which accounts for more than half, as well as training and full-stack R&D.The report predicts that by 2026, the market share of domestically produced AI acceleration chips is expected to exceed 50%. Among them, Huawei and Alibaba's Pingtouge lead the domestic camp with shares of 20% and 7%, respectively, but Nvidia currently maintains overall market dominance with a 55% share. In terms of cost and performance, domestic chips have capital expenditures on IT power consumption that are 40% to 50% lower than imported chips, but due to performance gaps, their capital expenditures per unit of computing power are 2 to 4 times that of imported chips, and the computing power generated per unit of power consumption is only 10% to 30% of that of imported chips. Additionally, the daily average token output of Huawei's 910B/910C servers is about one-sixth to one-third of that of Nvidia's H800, resulting in significantly lower API profit margins based on that hardware compared to peers using Nvidia hardware.

Tether CEO Paolo Ardoino posted on the X platform, stating that large AI tech companies are acquiring users through subsidized computing power and continuously investing in high-cost infrastructure and capital expenditures, but related assets face rapid depreciation pressure of about 3 to 5 years.He pointed out that there are multiple mismatches in the current industry, including the mismatch between token prices, profit timelines, and the maturity of capital costs; meanwhile, open-source AI is also continuously eroding the industry's growing revenue share.

According to Bloomberg, citing informed sources, SK Hynix Inc. is considering paying underwriting fees of approximately 0.5% of the total fundraising amount to investment banks participating in its U.S. listing project. This deal is expected to become one of the largest stock issuances in history.Informed sources stated that although SK Hynix has indicated plans to issue new shares equivalent to a maximum of 2.5% of the company's total equity, the final issuance scale has not yet been determined, which will directly affect the amount of underwriting fees that the investment banks will ultimately receive.Additionally, SK Hynix may also pay extra discretionary bonuses to the investment banks involved in the transaction, beyond the basic underwriting fees. Informed sources mentioned that discussions are still ongoing, and the final agreement details may still change.

According to Hyperbot data, Huang Licheng has just opened long positions in BTC and HYPE again, with a total position value of approximately $570,000 and an investment return rate of 125%. The specific position details are as follows:25x leverage Ethereum long position: 6,100.0000 ETH, average entry price currently reported at $1,668;40x leverage Bitcoin long position: 9.00000 BTC, average entry price currently reported at $62,519;10x leverage HYPE long position: 2,100.00 HYPE, average entry price currently reported at $71.

According to official news, Gate will launch a special gift event for new users from July 2, 16:00 to July 9, 16:00 (UTC+8). During the event, new users who complete their first flash exchange can participate in multiple rewards: for a single first exchange of 1 USDT, they will receive a 100% chance to win a mystery box lottery, with a maximum prize of 888 USDT in cash; for a first exchange of 200 USDT, they will also receive an additional cash reward of 2 USDT and 1 chance to enter the mystery box lottery; users who accumulate a flash exchange trading volume of 1,000 USDT can claim a cash reward of 20 USDT. The total prize pool for the event is 60,000 USDT, and rewards are available on a first-come, first-served basis.In addition, Gate will launch the fourth phase of the flash exchange regular investment benefits from July 3, 16:00 to July 17, 16:00 (UTC+8), where an individual can receive rewards worth up to 1,300 USDT. During the event, new users who complete their first flash exchange and successfully create a regular investment strategy with a successful deduction can receive up to 300 USDT in dual-currency financial experience; users who continuously complete flash exchanges and regular investment check-ins for 3 days and 7 days can receive 300 USDT and 600 USDT in dual-currency financial experience, respectively. At the same time, users who accumulate a regular investment trading volume of 100 USDT or an accumulated flash exchange trading volume of 500 USDT can share two prize pools of 10,000 USDT each based on their trading volume proportion, with a maximum of 400 USDT in dual-currency financial experience available per individual.

The New York AI investment research platform LinqAlpha announced the completion of a $22 million Series A financing round, led by AVP, Atinum Investment, and GFT Ventures, with participation from several financial and venture capital institutions from Asia, Europe, and the United States, including Mirae Asset Venture Investment, Hana Ventures, and Shinhan Venture Investment. To date, its total financing has reached $28.6 million. The company provides an AI market intelligence platform for institutional investors, helping investment teams process complex market information through dedicated AI agents. The new funds will be used to enhance market data integration and expand application scenarios for stock, macro, credit, and multi-asset investment strategies.

According to the Korea Exchange (KRX) announcement on July 2, to further improve the KOSDAQ market system, KRX has officially revised the relevant listing rules and implementation details, aiming to strictly control the deviation of technology special listing companies from their main business.The new regulations clearly state that companies listed through technology exceptions that change their main business direction within 5 years after listing (excluding businesses similar to or subsidiary to the original main business) will be subject to substantial delisting review. KRX officials specifically cited an example where a related biotechnology company transferred its management rights to an overseas digital asset company after listing last year and illegally transformed into a "cryptocurrency vault" and other digital asset professional investment institutions. KRX emphasized that such behavior has caused the company to deviate from the technical and growth assessment basis approved at the time of listing, and therefore must undergo strict delisting review.In addition, the new regulations have added additional restrictions to the grace period for delisting conditions enjoyed by special listing companies (i.e., exemption from revenue insufficiency or large-scale losses within 3 to 5 years), requiring relevant companies to publicly disclose their "corporate value enhancement plans" during this period to ensure future growth and strengthen communication with investors. This revision of regulations also includes measures to optimize the capital market, such as expanding customized qualitative review standards for innovative companies and establishing a low PBR (price-to-book ratio) company disclosure system.

According to official news, the decentralized exchange Arcus developed by the dYdX team has officially launched on Robinhood Chain, offering 24/7 trading of 95 tokenized stocks and perpetual contracts, with zero fees. Arcus supports tokenized trading of stocks, commodities, indices, and crypto assets, with all tokenized stocks issued and redeemable by Robinhood Chain, allowing for self-custody and integration into the DeFi ecosystem. Robinhood Crypto has invested in Arcus.In the future, Arcus plans to support tokenized stocks and crypto assets as collateral for perpetual contracts and provide Pre-IPO trading for popular private companies like OpenAI.

According to Jinshi reports, SoftBank Group has executed $10 billion of its $30 billion follow-up investment in OpenAI.

According to RootData's financing data statistics, in June 2026, the crypto primary market disclosed a total of 42 financing and merger events, with a total financing amount of approximately $898 million, a month-on-month decrease of 60.5% and a year-on-year decrease of 67.3%. Additionally, there were 15 merger events, with a disclosed amount of approximately $305 million. Overall, funds continue to concentrate on infrastructure, DeFi, and CeFi, with institutional-level capital markets, on-chain credit, derivatives trading, and stablecoin payment/settlement becoming the main incremental directions.DeFi was the most active sector this month, completing 18 financing and merger events, with a disclosed amount of approximately $330 million. Morpho completed a $175 million financing, becoming the largest financing project in the DeFi sector this month; Fomo completed a $75 million Series B financing, indicating that on-chain trading and consumer-level entry points still have appeal.The infrastructure sector had a total of 13 events, with a disclosed amount of approximately $453 million, ranking first in terms of amount. Projects such as Digital Asset, Ornn, and Trace Finance received funding support around institutional-level capital markets, AI computing financialization, and stablecoin settlement infrastructure.CeFi completed a total of 12 events. Although there were not many non-merger financing events, mergers and institutional trading services performed outstandingly. SBI Holdings acquired the Japanese crypto exchange Bitbank for approximately $289 million, becoming the largest merger event this month; SignalPlus completed a $50 million Series B1 financing, and EDGE Markets completed a $29.2 million Series A financing, indicating that institutional-level trading, derivatives, and compliant financial services are still key areas for capital allocation.The top five projects this month totaled approximately $944 million, accounting for about 76% of the overall disclosed scale. The top three projects in terms of financing and merger amounts are: institutional-level blockchain infrastructure company [Digital Asset](https://www.rootdata.com/zh/Projects/detail/Digital Asset?k=MzYyMA== "Blockchain software and service provider") ($355 million), Japanese crypto exchange Bitbank ($289 million, merger), and on-chain credit protocol Morpho ($175 million).In terms of investment institutions, Coinbase Ventures, a16z, Pantera Capital, CoinFund, Paradigm, Animoca Brands, HashKey Capital, and others remain active, with top capital more inclined to bet on projects with clear institutional clients, compliance paths, and real use cases.

According to official social media news, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Concerns About AI Bubble + Rising Interest Rate Expectations: Is Now the Time to Buy BTC or Should We Wait?" At that time, crypto KOLs such as Sister Mao Mao, Dada, Crypto.0824, and Genuine Little Taoist will attend to analyze whether BTC is facing new allocation opportunities in light of the current macro environment and market sentiment, and how investors should grasp the subsequent market rhythm.