H100 Group appoints Eirik Grøttum as Chief Executive Officer

Glenmede strategist on US July CPI: Investors are anticipating another relatively mild inflation report, with the overall CPI projected to rise 3.4% year-over-year, while core price pressures stay at manageable levels. As US-Iran tensions escalated, oil prices climbed further in July, and the energy sector could again pose inflationary pressure. This time, however, market reaction has been more stable, supported by proactive response measures and strategic reserve releases that have kept oil supply stable. The Federal Reserve has ample time to review two inflation reports ahead of its next meeting, providing it with more time to assess whether energy pressures remain contained or begin to broaden—a key distinction that will likely shape future policy paths.

CME Group announced that 24-hour silver trading will launch on September 11.

According to Bloomberg, citing sources familiar with the matter, Singapore-based data center operator DayOne Data Centers Ltd. has secretly filed for an initial public offering (IPO) in the United States. Anonymous sources said the company plans to go public as early as next quarter and is targeting to raise approximately $5 billion via the IPO.

According to monitoring by Onchain Lens, Hyperliquid burned approximately $1.07 million worth of HYPE over the past 24 hours, while generating $1.45 million in fees in the same period. The protocol’s official cumulative HYPE burn has reached 47.62 million tokens, equivalent to roughly $2.63 billion, representing 4.76% of its total maximum supply of 1 billion tokens.

Coinbase is establishing its international tokenization hub in Abu Dhabi, which will serve as the regulatory base for the crypto exchange to tokenize traditional securities outside the United States. The company announced Tuesday that it has obtained a financial services license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing it to arrange investment transactions and provide custodial services for tokenized securities. Coinbase said it plans to use this license to offer digital securities backed by underlying stocks. These tokens will be registered and issued in ADGM, and regulated by FSRA.

On Trade.xyz, the pre-IPO perpetual contract price of Unitree has rebounded slightly, currently trading at $86.1 (equivalent to approximately 580 yuan), with a 24-hour increase of 3.32%. This corresponds to a post-listing market capitalization of around $34.8 billion, or roughly 234.7 billion yuan. Based on Unitree's previously set IPO offering price of 150.8 yuan per share, it is projected to deliver a 3.84x return on new share subscriptions after the opening. Unitree's STAR Market IPO plans to issue 40.4464 million shares, accounting for 10% of its total share capital post-issuance. Each lot consists of 500 shares, with an estimated subscription payment of around 75,000 yuan per winning lot. At Trade.xyz's valuation, 500 shares are worth 290,000 yuan, translating to a profit of approximately 215,000 yuan after deducting the subscription payment. According to today's reports, Unitree's winning IPO subscription numbers have been released, totaling 19,414. Each winning number is only eligible to subscribe for 500 shares of Unitree's A-share stock.