Ansem said he infused funds into On-Chain Trenches, joking that the recipients need to cooperate with bullish pump calls.

Robinhood co-founder Vlad Tenev published a lengthy article early this morning outlining Robinhood’s vision to enable global investors, especially non-U.S. users, to gain exposure to U.S. stocks and ETFs via blockchain, with a key focus on whether issuers need to consent to the tokenization of their stocks. Tenev argues that public company stocks are freely transferable personal property, and their owners should have the right to decide how to hold and use them. Issuing companies control the rights attached to their issued securities, but they do not control all third-party financial products built around those securities—a well-established precedent in financial markets, as seen in unsponsored ADRs, options, and structured products. Accordingly, if a product alters the rights of the underlying shares, replaces the company’s official shareholder register, or imposes new obligations on the company or its transfer agent, issuer involvement is required. If it merely creates an independent financial instrument that holds or references freely transferable shares on a 1:1 basis without modifying the issuer’s rights, obligations, or official shareholder records, no issuer consent is necessary. Robinhood operates on a model where third parties issue independent instruments backed 1:1 by underlying shares. Tokenizing stocks should not grant issuers veto powers they did not previously hold, nor should it bar new investors from entering the space solely because issuers are unfamiliar with new technologies. Last week, AMC’s CEO criticized Robinhood’s so-called "synthetic equity market," warning that stock token trading could decouple from listed companies’ financing arrangements, and demanded Tenev and Robinhood halt AMC stock token trading. The ensuing debate has sparked lively discussions across crypto and stock communities.

Beating AI Express News: The "2026 Research Report on AI Infrastructure Development in the Agent Era" released by China Telecom Research Institute shows that as the focus of the artificial intelligence industry shifts from competition over large models and computing power to large-scale agent implementation and application monetization, China's token demand is experiencing explosive growth. The report points out that AI is now entering a new development phase centered on agents, which make complex AI technologies invisible and inclusive. The general public and enterprises do not need to master professional technical skills—they can complete end-to-end complex tasks with the help of agents. Rao Shaoyang, Director of the Institute of Industry and Enterprise Strategy at China Telecom Research Institute, projects that China's annual token consumption will reach 100 quadrillion by 2026, and exceed 35 quintillion by 2030, with a compound annual growth rate (CAGR) of nearly 12 times. (Source: Jinshi)

Robinhood-linked crypto and meme coin issuance platform Long.xyz founder Nate published a post summarizing the performance of its latest version: Pre-IPO trading pools for OpenAI and Anthropic have attracted roughly $1 million in deposits, with 24-hour trading volumes reaching $18.1 million and $14.6 million respectively. Pool data shows the OpenAI pool has a Total Value Locked (TVL) of $215,300 and an Annual Percentage Rate (APR) as high as 15193.60%, while the Anthropic pool has a TVL of $301,700 and an APR of 9583.99%. The synchronization between pool prices and Lighter_xyz perpetual contract Net Asset Value (NAV) has improved significantly. Nate stated this is the largest launch to date; next steps will include launching liquidity for AI-related trading pairs, increasing overall TVL, and expanding the open pairing model to more top trading pairs on the LONG platform. Today, Long.xyz launched OpenAI and Anthropic Pre-IPO trading pairs, with related contracts powered by Lighter. Meme coins CATGPT and ANTHROPIG paired with these assets have gained market popularity, seeing active trading that spiked briefly before pulling back.

CryptoQuant analyst Darkfost stated that Bitcoin’s recent rally has lifted investor sentiment to its strongest level since March 2024. The market sentiment metric he tracked once surged above 89/100, entering the "extreme greed" territory. This indicator integrates multiple data points including the Fear & Greed Index, with a scale spanning -100 to +100, where -100 corresponds to extreme fear and +100 to extreme greed. Darkfost pointed out that extremely bullish or bearish market sentiment typically signals a potential trend inflection point. Currently, as prior market euphoria gradually recedes, the sentiment metric is cooling to a more normal level, while Bitcoin continues to struggle to defend its current price range.

Micron Technology announced it will distribute record 2026 fiscal year bonuses to its employees in Taiwan, China, with some staff receiving bonuses equivalent to up to 68 months of salary, and the minimum cash compensation reaching 1.7 million New Taiwan Dollars (approximately $53,800). Entry-level engineers are set to receive an average total bonus of around 3.4 million New Taiwan Dollars, plus annual equity grants. However, the Taoyuan Union, which represents roughly two-thirds of Micron’s workforce in Taiwan, China, still rejects the current plan, insisting that 15% of the company’s operating profit be allocated to employee bonuses. The union added that it will proceed with strike procedures if Micron does not respond to its demands. Micron currently employs about 15,000 people in Taiwan, China, with cumulative investments exceeding 1.6 trillion New Taiwan Dollars. The increased bonus payouts are widely viewed as tied to the profit-sharing mechanisms of South Korean memory chip makers. This year, Samsung Electronics, under pressure from union strikes, ultimately agreed to establish a special bonus pool equal to 10.5% of its semiconductor division’s operating profit. As labor negotiations between Micron and its staff in Taiwan, China enter a critical phase, a potential full-scale strike could disrupt Micron’s production schedule and further roil the global memory chip supply.

Oracle management explicitly stated during its earnings call that its fiscal 2027 capital expenditure (capex) of $90 billion to $95 billion will be focused on expanding AI data centers, naming suppliers including Dell and HPE. Boosted by this news, Dell Technologies’ U.S. stock surged 11.98% on Friday, hitting a record high, with its market capitalization exceeding $360 billion, bringing its year-to-date gain to nearly 350%. Oracle previously disclosed that its fiscal 2027 capex will increase significantly, primarily for purchasing AI server racks, liquid cooling systems, and networking equipment. Meanwhile, the company’s AI cloud orders continue to grow, further boosting visibility for Dell’s future AI server orders. RBC Capital initiated coverage on Dell and assigned it an "Outperform" rating, noting the company will continue to benefit from the multi-year AI infrastructure investment cycle, and highlighting its supply chain capabilities as a competitive moat. Dell currently has over 6,500 AI server customers; its AI server revenue hit $16.4 billion in the second quarter, up 100% year-over-year, with AI server backlog reaching $95 billion at the end of the quarter. As cloud providers like Oracle continue to ramp up AI infrastructure investments, Dell is emerging as a key beneficiary of the current AI capex expansion cycle.