Sources: Iran hopes to convey its negotiation terms to the US side via Pakistan.

SpaceX CEO Elon Musk announced that the company is partnering with Nvidia to bring forward the launch of its first batch of AI-enabled satellites to the fourth quarter of 2027, from the earlier target of 2028. Musk added that SpaceX and Nvidia have developed the Vera Rubin NVL72 system, optimized for space conditions, with plans to launch it into orbit in Q4 2027 and achieve large-scale deployment in 2028. SpaceX will also leverage Nvidia processors to provide orchestration, code execution, and data processing capabilities for next-generation agentic AI. Following the news, SpaceX’s stock gained strength, rising as much as roughly 2.9% to $138.92 in intraday trading. Separately, SpaceX is reviving its small modular nuclear reactor project, mPower. Against the backdrop of surging power demand from AI data centers, the company is exploring solutions like small modular nuclear reactors to supply stable, low-carbon, round-the-clock power.

On-chain asset management platform Grove has announced a strategic stake in tokenization platform Centrifuge, with an initial holding of 37.78 million CFG tokens, further deepening their long-term partnership. Currently, the value of assets deployed via Centrifuge’s infrastructure exceeds $1.27 billion. Grove noted that this investment marks an upgrade of their relationship from simple protocol integration to strategic synergy. Centrifuge mainly provides infrastructure for asset issuance, tokenization, and distribution, while Grove focuses on institutional capital allocation; the two parties will jointly advance the development of institutional-grade tokenized assets in the on-chain finance space. Data shows that the tokenized real-world asset (RWA) market has grown from around $120 billion in June 2025 to over $380 billion currently; over the same period, Centrifuge’s total value locked (TVL) rose from $450 million to approximately $1.64 billion. Centrifuge’s infrastructure now supports Grove’s allocation of tokenized products including Apollo ACRDX, Janus Henderson JAAA, and JTRSY. Mark Phillips, co-founder and CEO of Grove, stated that Centrifuge’s infrastructure has been instrumental since Grove’s early allocations, and this strategic stake in CFG reflects Grove’s confidence in Centrifuge’s long-term growth and the prospects of on-chain capital markets.

Lisk founder Max Kordek announced that Lisk will officially transition to a modern treasury operations platform for enterprise finance teams, focusing on core funds management services including accounts, payments, and approvals, while phasing out its original blockchain ecosystem. The new platform is designed to deliver a unified funds management workspace for enterprises operating across entities and jurisdictions that use both fiat currencies and stablecoins. Early Access for eligible enterprises is now open, with current features supporting unified management of bank and stablecoin accounts, bank transfers, stablecoin receipts and payments, and permission-based payment approvals; future expansions will include corporate cards, non-custodial funds management, payroll integration, and more. Meanwhile, Lisk Chain will be shut down on October 31, 2026. Lisk has partnered with the Celo team to provide on-chain DApps, developers, and projects with a migration path to the Celo network. Lisk also plans to wind down its DAO, which includes burning 100 million LSK tokens from the DAO treasury to reduce the total supply from 400 million to 300 million, eliminating staking penalties to allow holders to unstake flexibly, and gradually shutting down DAO governance infrastructure. Regarding LSK tokens, they will become the new platform’s "loyalty token": enterprises earn rewards for using the Lisk treasury platform and referring other businesses, and can use LSK to pay platform fees in the future. LSK will primarily operate on Ethereum and Base networks. Users still holding LSK on Lisk Chain must complete their migration to Ethereum by October 31.

Iran and Oman’s joint statement reveals: Omani Foreign Minister Sayyid Badr bin Hamad al-Busaidi held constructive talks with Iranian Foreign Minister Hossein Amir-Abdollahian during his working visit to Iran. The discussions centered on a high-priority issue for both nations: upholding full sovereignty and sovereign rights while restoring safe navigation through the Strait of Hormuz. Given recent wars and their catastrophic outcomes have shifted the strait’s current situation, the two foreign ministers mapped out a phased implementation framework that could serve as a practical, actionable foundation to move the situation forward. The proposed framework includes establishing a temporary joint maritime corridor in the Strait of Hormuz and agreeing to carry out a joint mine-clearing project in the strait. The two sides will continue technical-level discussions to reach consensus on establishing a permanent maritime corridor, future governance of the strait, exchange of traffic management information, and relevant maritime and security service mechanisms. In this context, both sides underscored the need for joint dialogue with all Persian Gulf littoral states. They also stressed the importance of complying with applicable international law and respecting the sovereign rights of littoral states. Against this backdrop, U.S. West Texas Intermediate (WTI) crude oil fell $0.8 in the short term, down 3.88% to $81.27 per barrel; Brent crude oil dropped below $87 per barrel, with an intraday decline of 3.88%.

Bitcoin surged to $81,265 on Tuesday before pulling back, dropping as low as $78,111 and falling back below the $80,000 threshold. Gold weakened in tandem: spot gold fell nearly 2% to $4,605 per ounce, after hitting $4,697, its highest level since mid-May. Market trends show that the decline in U.S. Treasury yields no longer continued to drive gains for Bitcoin and gold, instead leading to a divergent pattern: U.S. stocks rose, while cryptocurrencies and gold weakened. The S&P 500 gained 0.2%, and the Nasdaq advanced 0.5%; meanwhile, the yield on the U.S. 30-year Treasury bond fell below 5.2%, approaching its lowest level since August 7. Analysts note that recent moves in U.S. Treasury yields remain a key driver of the crypto market. The U.S. Treasury Department earlier expanded its long-term Treasury repurchase program to ease upward pressure on long-dated yields, but amid the current inflation environment, the Federal Reserve’s room for interest rate cuts remains limited. Markets currently price in a roughly 61.9% probability that the Fed will hold interest rates steady in September. In the short term, market focus is shifting from Treasuries to the U.S. July PCE inflation data and the Jackson Hole Economic Symposium. Nvidia’s post-market earnings report on Wednesday could also act as a new catalyst for volatility in risk assets.

According to regulatory filings, quantitative trading giant Jane Street has significantly increased its holdings in AI storage chip manufacturer SanDisk (SNDK), raising its stake to 7.41 million shares with a position value of approximately $9 billion. This represents an increase of 6.25 million shares from its prior holding, a rise of around 540%, making SanDisk Jane Street’s second-largest single-stock position, second only to SPY. The filings show Jane Street currently holds roughly 5.47% of SanDisk’s outstanding shares, a position size even larger than its holdings in Amazon, NVIDIA, and Microsoft. SanDisk’s stock has surged over 3,000% in the past 12 months, though it remains about 36% below its all-time high with notable price volatility. SanDisk’s recent performance has been driven by demand from AI data centers. For its 2026 fiscal year, the company’s data center business revenue jumped 437% year-over-year to $5.15 billion, while data center shipments as a share of total output rose from 12% a year earlier to 38%. The company has now signed long-term supply agreements with 8 clients, including 3 U.S. hyperscale cloud service providers, with total contracted revenue projected at no less than $93.9 billion and remaining performance obligations standing at $91.1 billion. SanDisk expects AI inference demand to continue driving growth in the NAND flash market, and is developing high-bandwidth flash (HBF) products tailored for AI inference workloads, with plans to deliver samples to clients next year. While Jane Street has not publicly disclosed a target price, its move to boost its stake by over 500% in a single quarter has become a key signal for the market to focus on the AI storage sector.