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3 Mega-IPOs Could Dump $3 Trillion in Overvalued Tech Onto Public Markets

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SpaceX, OpenAI, and Anthropic are preparing to go public in what would be the largest IPO wave in history, with combined valuations approaching $3 trillion. The three companies are targeting listings within months of each other, raising questions about whether public markets can absorb that much new supply at peak valuations. The $3 Trillion IPO … Read more

Franklin Templeton Launches Crypto Unit Amid Market Slump

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Franklin Templeton is setting up a standalone cryptocurrency division by acquiring 250 Digital, a firm spun off from venture capital outfit CoinFund earlier this year. The $1.7 trillion asset manager is making its boldest digital-asset move yet, targeting pension and sovereign wealth funds. What Franklin Templeton Is Building The unit will operate under the name … Read more

Bill Ackman Risks $10 Billion IPO to Expose the ‘Tax’ Every CEO Pays

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Pershing Square CEO Bill Ackman refuses to settle what he calls a fabricated gender discrimination claim from a terminated family office employee, weeks before his $10 billion IPO. The post, which quickly went viral, drew immediate public support from Elon Musk and venture capitalist Chamath Palihapitiya, both of whom framed such lawsuits as a hidden … Read more

CIO Resigns From Anthony Pompliano’s $750 Million Bitcoin Company

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Jeff Park voluntarily resigned as Chief Investment Officer of ProCap Financial (BRR), effective April 3, 2026, according to an SEC filing. The departure ends an eight-month stint at the Bitcoin treasury company founded by Anthony Pompliano. ProCap has not named a successor. What the SEC Filing Reveals The 8-K filing states Park’s exit was voluntary … Read more

Is North Korea Behind the Drift Protocol Hack? Here’s What the Data Shows

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Blockchain analytics firm Elliptic’s latest analysis suggested that actors linked to the Democratic People’s Republic of Korea (DPRK) may be behind the Drift Protocol hack. The report highlighted that the hacker zeroed in on three primary vaults. This included the JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. Notably, the wallet used in … Read more

Paper vs. Physical: The $34 Gap Exposing the True Cost of the Iran Oil Shock

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The price that underpins real-world oil cargo transactions surged to its highest level since 2008. Dated Brent hit $141.37 per barrel, reaching an 18-year high. Meanwhile, Brent crude futures traded near $107, still below 2022 levels. Thus, it’s clear that the benchmark for actual crude cargoes now trades more than $34 above Brent futures. “The … Read more