Kuark Capital Launches $400 Million Asia Tech-themed Hedge Fund

May 19: Per Bitget market data, spot gold prices extended their slump, slipping below $4,500 per ounce with a 1.45% intraday decline. Spot silver also fell below $74 per ounce, posting a 4.74% intraday drop.

May 19, per Bitget market data, U.S. stocks opened lower, with the Dow Jones down 0.37%, the S&P 500 down 0.43%, and the Nasdaq down 0.65%. The technology sector posted widespread losses, with Micron Technology (MU.O) falling 2.7%, Intel (INTC.O) down 1.7%, and Qualcomm (QCOM.O) declining 2.3%.

On May 19, the yield on the U.S. 30-year Treasury bond continued to rise, hitting 3.181%—a new high unseen since 2007. (FX678)

Per Fortune, fintech startup Eisen announced on May 19th that it has closed a $10 million Series A funding round led by MissionOG, bringing its total capital raised to $18.5 million. The company previously secured an $8.5 million seed round (led by Index Ventures, whose investment amount wasn’t made public at the time) to launch its operations. Additional participants in this latest Series A round include First Round Capital, Cowboy Ventures, Homebrew, and Restive Ventures. Eisen provides tools for financial platforms to streamline "unclaimed property transfers"—its service locates inactive account holders so they can claim their funds, stopping those assets from being escheated, or turned over, to U.S. state governments after a set period of dormancy. Co-founder Osgood, a former product manager at Coinbase, has centered much of his work on the cryptocurrency asset space. Increasingly, U.S. states are starting to recognize crypto assets as eligible for unclaimed property rules. While

On May 19th, the White House announced that President Trump will sign an executive order at 4:30 p.m. Eastern Time (4:30 a.m. Wednesday, Beijing Time). Source: FX168.

On May 19, the yield on the U.S. 30-year Treasury bond rose to 5.177%—its highest level since 2007, per FX168.