[Comparative Daily News Picks] SpaceX bought Cursor developer Anysphere for 60 billion US dollars, and Musk's personal wealth soared to 1.4 trillion US dollars; Coinbase entered the stock tokenization circuit and will push 1:1 to anchor stocks on the US stock chain and automatically pay dividends; Walsh may refuse to give the Fed's bitmap expectations, breaking the 14-year practice

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AI · Dynamic

[SpaceX acquires Cursor developer Anysphere for 60 billion dollars, and Musk's personal wealth soared to 1.4 trillion US dollars]

Comparing news, SpaceX bought Cursor developer Anysphere for 60 billion dollars. SpaceX once surpassed Amazon and Microsoft in intraday market capitalization on Tuesday, becoming the fourth largest company by market capitalization in the world. Musk's personal wealth soared to 1.4 trillion US dollars, setting a new historical record. At the same time, this figure also surpassed the total market value of Bitcoin. According to Coingecko data, the current market value of Bitcoin is about 1.31 trillion US dollars.

[New stock god” Serenity: AI may be the most disruptive technology in human history]

Comparing news, the “new stock god” Serenity posted an article on the X platform saying that it believes AI may be the most disruptive technology in human history, and its influence can be compared to the agricultural revolution and the industrial revolution.

Serenity pointed out that companies such as Anthropic, OpenAI, and xAI are competing to develop superintelligence. If AI can help overcome cancer and accelerate breakthroughs in cutting-edge technology such as quantum computing, the economic impact it will bring will be difficult to measure. Furthermore, if AI were to replace the workforce on a large scale, it could also significantly improve corporate profitability.

Serenity also said that in terms of strategic considerations such as war, security, and cybersecurity, the US government is fully motivated to continue to promote AI infrastructure construction. Even if the big language model training and reasoning business itself has limited profits, the US may support the development of the industry through incentives and subsidies to ensure a leading position in the global AI competition.

[Limitless Labs completes Series A financing of US$20 million to expand physical AI basic models and precision manufacturing platforms]

Limitless Labs (previously LimitlessCNC) today announced the completion of a Series A funding round of $20 million, co-led by Dell Technologies Capital and Square Peg, with the participation of Grove Ventures, Meron Capital, and Kinetica.

The company claims to be the world's first intelligent proxy physical AI platform for CAD/CAM (computer-aided design and computer-aided manufacturing) in the field of machinery manufacturing. Its AI agent system is embedded directly into the CAD/CAM software engineers use every day to help manufacturing companies acquire, standardize, and scale the experience and skills of their senior programmers.

Since ending stealth mode, Limitless Labs has expanded from early pilots to full production deployment, serving customers such as Blue Origin, Cadillac F1, Sandvik, and Iscar, covering aerospace, defense, motorsports, and industrial machinery, and can reduce CNC programming time by up to 50%.

Crypto · Marketplace

[Coinbase enters the stock tokenization circuit and will push 1:1 to anchor stocks on the US stock chain and automatically distribute dividends]

In comparison, Coinbase announced plans to launch tokenized stocks backed by 1:1 physical US stocks. Users can hold, trade, and automatically receive dividends on-chain. The CEO called this true ownership, which is different from the market's existing derivatives or IOU models. The service will first target compliant regions outside the US, and the specific launch date is yet to be determined. This move marks a further intensification of competition between crypto and traditional finance in the field of asset tokenization.

[Reuters: Binance may be forced to stop providing services to EU customers before July 1]

In comparison, according to Reuters, Binance's application for a regulatory license in Greece is expected to be rejected, and EU users may not be able to access the platform as early as the end of this month.

Binance has been seeking authorization for the European Union's Crypto Asset Market (MiCA) framework. The framework requires cryptocurrency companies to obtain a license to continue providing services within the European Union. Although a grace period has been established for businesses to apply for and obtain licenses, this transition phase will expire on July 1. Reuters reported on Tuesday, citing two people familiar with the matter, that Binance's application to the Greek Capital Markets Commission is expected to be rejected.

Binance's current CEO Richard Teng reiterated Binance's commitment to Europe in a tweet today, saying the company is committed to obtaining a MiCA license and operating under a “clear, fair, and coordinated” regulatory framework.

[Bipartisan Senators Urge the US Treasury to Retain State-level Stablecoin Regulation Under the GENIUS Act]

Comparatively, a bipartisan group of senators led by Cynthia Lummis sent a letter to US Treasury Secretary Scott Bessent requesting that the Treasury maintain the supervisory authority of each state over some stablecoin issuers when formulating rules to implement the GENIUS stablecoin law.

The GENIUS Act was signed into law last year, establishing a regulatory framework for US federal stablecoins. It requires stablecoins to be fully supported by the US dollar or similar highly liquid assets, and requires issuers with a market capitalization of more than 50 billion US dollars to undergo an annual audit, and also sets rules for overseas issuance.

The bill allows stablecoin issuers with a market capitalization of up to $100 billion to be regulated at the state level, as long as the relevant state regulatory system is “substantially similar” to federal requirements. The senators believe that the rules previously proposed by the Ministry of Finance did not specify the timelines and standards for the application, review and certification of the state-level regulatory system, causing uncertainty in the states.

[The cumulative trading volume of tokenized stocks on the chain surpassed $20 billion for the first time, and SpaceX's IPO became the main driving force]

Comparatively, according to The Kobeissi Letter, SpaceX's IPO has significantly boosted the explosive growth of on-chain tokenized stock trading volume. According to the data, the cumulative transfer volume of tokenized stocks on the chain has surpassed $20 billion for the first time.

Among them, turnover reached $4.3 billion in the past 30 days, a record high, with a year-on-year increase of more than 140%. After the launch of SpaceX tokenized shares ($SPCX) on June 15, Solana's single-day spot trading volume exceeded 100 million US dollars for the first time, accounting for 99% of the entire network. Jupiter became the platform with the largest trading volume for this target.

Macro · Organization

[Walsh may refuse to give the Fed's bitmap expectations, breaking the practice of the past 14 years]

Comparative news. According to CNBC reports, the Federal Reserve will release the latest bitmap on Wednesday, showing the expectations of various officials about interest rate trends. However, most Federal Reserve observers on Wall Street expect that the new Federal Reserve Chairman Walsh will not participate, either because he feels that he is unprepared, or simply because he doesn't like bitmaps. Walsh previously expressed opposition to bitmaps and other forward-looking guidance methods, believing that these methods limit the Federal Reserve's ability to make decisions. If Walsh refuses to give bitmap expectations, it will run counter to the Federal Reserve's practice about 14 years after the financial crisis, and may also alienate him from other US Federal Reserve officials who support this method of communication. However, this may be an effective first step for US Federal Reserve Chairman Walsh, who has promised fundamental reforms to the way the institution operates. “In my opinion, he probably doesn't want to submit interest rate predictions.” Bill Angley, the former head of monetary policy at the Federal Reserve and now a professor at Yale University, said, “There may be others in the committee who don't like bitmaps; they may also be willing to do it.”

[Reuters: US-Iran Framework Agreement Proposes $300 Billion Private Fund]

Comparing news, according to a Reuters report, sources said that the US-Iran framework agreement includes a plan to set up a $300 billion private fund to drive investment in Iran. The $300 billion Iran Investment Fund will not be able to start operating until a final agreement is signed. The fund is a private investment vehicle, does not involve government funds, and has nothing to do with negotiations on Iran's sovereign assets frozen overseas. The fund program has received more than half of the funding commitments from companies in the US, the Gulf Arab States, Asia, South America, and Africa.

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