placement

According to Bloomberg, Shanghai Birun Technology (Hong Kong stock code 6082) plans to raise approximately HKD 4.04 billion (USD 515 million) to support its artificial intelligence business. The company intends to place 130 million new shares at a price of HKD 31.08 per share, with the related arrangements based on documents from the Hong Kong Stock Exchange.The placement price represents a discount of nearly 10% compared to Wednesday's closing price. Bloomberg reports that Birun is one of the GPU developers receiving support from Beijing, and this financing is part of a wave of fundraising for Chinese artificial intelligence companies.

According to PR Newswire, Ondo Finance announced the launch of Ondo Private Markets, providing on-chain access to top private companies for investors through tokenized notes. The first target will focus on a private company in the artificial intelligence sector, expected to begin trading on the secondary market this week.Subsequently, Ondo Private Markets plans to expand to private enterprises in fields such as robotics, cybersecurity, biotechnology, and infrastructure. Ondo stated that the related tokens do not correspond to the company's stocks or shares but provide holders with economic exposure to the performance of the reference company's common stock in qualified liquidity events through tokenized notes. The tokens can be freely transferred on-chain and can be used in conjunction with the DeFi ecosystem.This product is based on Ondo's existing on-chain asset infrastructure, which currently has a total value locked (TVL) of approximately $3.7 billion and over 1 million cumulative holders across the related tokenized stock and U.S. Treasury platforms. Ondo Finance indicated that the majority of large companies in the U.S. are still in private stages, with about 87% of companies generating over $100 million in annual revenue being private. Traditional investors often find it difficult to participate in these companies' early growth opportunities. Ondo Private Markets aims to provide a more flexible trading channel through the blockchain secondary market, allowing qualified investors to adjust their private market exposure around the clock.

According to on-chain analyst Yu Jin's monitoring, the PUMP institutional private placement address (E3M...9Cs) participated in the PUMP private placement last July with 4 million USD, acquiring 1 billion PUMP at a private placement price of 0.004 USD.This address transferred all PUMP to Coinbase Prime 5 hours ago, valued at 5.36 million USD, with a price of 0.0054 USD; by selling the private placement PUMP, it made a profit of 1.36 million USD, with a return rate of 34%.

According to official news, CleanSpark (NASDAQ: CLSK) announced that its wholly-owned subsidiary CSDC Finance I, LLC has completed the previously announced issuance of $2.276 billion of 7.875% senior secured notes, which will mature in 2031.The notes have not been registered under the Securities Act of 1933 and may not be offered or sold within the United States unless registered or an applicable exemption from registration is available.

MeshWallet, a gas-free USDT wallet headquartered in Tallinn, Estonia, announced the completion of a $10 million private placement financing, led by several private investors and small family offices.MeshWallet operates on the TRON (TRC20) network, with the core function of eliminating the need for users to hold TRX to pay gas fees, with transfer fees settled directly in USDT, simplifying the dual-token operation process. This financing will be used to expand the product roadmap and build the user ecosystem.

Bitcoin Reserve Company Capital B announced that the company will issue new shares (ABSA) with warrants to strategic investor Adam Back through a private placement, with a subscription price of €0.58 per share, totaling approximately €7.645 million (about $8.86 million). The subscription conditions are consistent with the financing announced on August 28, 2026, and the delivery is expected to be completed on September 3, 2026.If all warrants are exercised, it will bring approximately €49.4 million (about $57.25 million) in additional capital to the company. The company stated that the net proceeds from this fundraising will be approximately €7.3 million (about $8.46 million), mainly used to increase its Bitcoin holdings as a long-term reserve asset, which is an important measure to advance its Bitcoin Reserve Company strategy and enhance the per-share Bitcoin holdings.

The security team of the open-source wallet provider OneKey successfully replicated the exploitation of a vulnerability in the old version of the Ledger Ethereum application in a laboratory environment. OneKey's founder and CEO Wang Yishi stated that they executed a "transaction replacement attack" on Ledger Ethereum application version 1.22.1 by exploiting a previously patched vulnerability, allowing attackers to overwrite pending transactions while users review legitimate transactions.Ledger responded that exploiting this vulnerability requires controlling the communication between the device and the host, such as through malware, compromised wallet software, or malicious web pages. Ledger has added application layer protections in the Ethereum application version 1.22.2 released on August 13 and fixed the underlying issue in Secure SDK 26.6.1 on August 21. Ledger emphasized that no users were hacked as a result; this was merely a replication of the vulnerability in a laboratory environment.This security test occurred after the Coldcard vulnerability incident. Previously, the Coldcard wallet had a firmware vulnerability that posed security risks to some mnemonic phrase generation, but Ledger stated that its devices were not affected by this vulnerability because recovery phrases are generated by a certified random source built into the device's secure chip. The vulnerability replicated by OneKey is unrelated to mnemonic phrase generation but affects the way transactions are processed during the signing process.

Alibaba Group announced the completion of a new share placement of HKD 80 billion, issuing 710 million new ordinary shares to non-U.S. persons outside the United States, with a placement price of HKD 112.7 per share. Alibaba plans to use the net proceeds from the placement entirely to strengthen its global AI layout.Approximately 60%, or HKD 47.871 billion, will be used to expand global computing infrastructure to meet the growing customer demand; the remaining approximately 40%, or HKD 31.914 billion, will be used to accelerate the construction of large-scale AI data centers.The related funds will also be used to upgrade traditional cloud infrastructure such as storage, databases, and high-performance networks, supporting Alibaba's full transition to an Agentic Cloud architecture. The shares offered in this placement are not registered under the U.S. Securities Act of 1933 and are being offered and sold outside the United States to certain non-U.S. persons in reliance on Regulation S.

On August 24, according to the Shanghai Securities Journal, Alibaba announced the completion of the pricing for a new share placement of HKD 80 billion (approximately USD 10.2 billion), with 100% of the net proceeds from the placement to be used for investing in full-stack AI capabilities and strengthening AI infrastructure construction.According to sources close to the transaction, this placement was nearly 3 times oversubscribed, exceeding HKD 200 billion. Sovereign and long-term funds ultimately accounted for over 40% of the subscription, with high order quality. Major sovereign funds from regions such as the Middle East, Europe, and Asia actively participated in this subscription.

According to Nikkei Asia, Alibaba Group announced that it will raise HKD 80 billion (approximately USD 10.2 billion) through a new share placement to investors outside the United States, with all proceeds being invested in the company's full-stack AI capability development.Alibaba is increasing its investment in the field of artificial intelligence, as the competition between China and the United States in cutting-edge models and the underlying infrastructure continues to heat up. This financing aims to support its comprehensive layout of AI-related technologies and capabilities.

The latest research report from the Hyperliquid Policy Center (HPC) states that perpetual contracts expand hedging options and improve price discovery, with no evidence found of statistically significant harm to the benchmark futures market. The report argues that perpetual contracts are complementary to traditional futures with expiration dates, rather than zero-sum substitutes.The study utilizes the natural experiment of traditional markets being closed on weekends while perpetual markets continue trading, comparing 205 weekends of Bitcoin trading and 19 weekends of on-chain crude oil perpetual (xyz:CL) samples. The report states that expiring futures require calendar-based forced rollovers, with the cost of rolling a $10 million exposure on the Monday of April 2026 being about $950,000, while on Friday it is about $110,000; perpetual positions do not have this forced cost. The median transaction price for on-chain crude oil perpetual during non-trading hours is about $1,300, approximately one percent of the benchmark WTI median transaction price.HPC also provides an example where the crude oil weekend repricing on the week of March 6, 2026, was 15.8%, with the benchmark market completely closed; if hedged through on-chain crude oil perpetual, a $10 million position loss could be reduced from about $1.58 million to approximately $62,000 (after accounting for all costs).

According to BBX data, yesterday global listed companies disclosed the latest developments in cryptocurrency strategic mergers and acquisitions and financing, with the core information as follows:Meta planet invests 2,100 BTC to control Super League and create a multinational treasury: Super League Enterprise has reached a final agreement with Meta planet. Meta planet will invest 2,100 bitcoins (worth approximately $132.1 million) and $2.5 million in cash through its wholly-owned U.S. subsidiary in exchange for 44,859,400 shares of common stock (at $3 per share), preferred stock, and warrants. After the transaction is completed, Super League will be renamed "Super planet, Inc." and become a merged subsidiary with approximately 95.7% ownership by Meta planet, thus creating a bitcoin treasury platform spanning Nasdaq and the Tokyo Stock Exchange.Zhibao Technology completes $154.7 million PIPE financing, fully paid in bitcoin: Nasdaq-listed Zhibao Technology (stock code: ZBAO) announced the completion of a $154.7 million private equity financing (PIPE). The company issued a total of 442 million PIPE units, with investors fully paying with 2,380 bitcoins (calculated at approximately $65,000 per bitcoin as of July 30). The funds raised will be used to strengthen the financial foundation, accelerate business growth, and deepen strategic synergies with the cryptocurrency and Web3 fields.

According to BTCtreasuries, Zhibao Technology announced that it has reached a private placement financing of $154.7 million in Bitcoin with non-U.S. investors, with a financing scale of 2,380 BTC. The company is a publicly listed company in China.

Zhipu (02513.HK) announced on the Hong Kong Stock Exchange that the company previously disclosed a plan to place up to 19.78 million new H shares, which has now been completed on July 13, 2026. A total of 19.78 million new H shares were issued and allocated to no less than 6 subscribers at a placement price of HKD 1588 per share, accounting for approximately 4.25% of the total issued H shares after expansion.The total amount raised from the placement is approximately HKD 31.411 billion, with a net amount of approximately HKD 31.375 billion, intended for research and development of general artificial intelligence, business expansion, and optimizing the capital structure.

MINIMAX (00100.HK) announced that it will raise approximately HKD 16.041 billion through the placement of new shares and the issuance of zero-coupon convertible bonds. According to the announcement, the company will place 35.6 million new Class A shares at HKD 268 per share (approximately a 9.89% discount to the closing price of the previous trading day), expecting to raise about HKD 9.541 billion; at the same time, it plans to issue zero-coupon secured convertible bonds with a total principal amount of HKD 6.5 billion due in 2027, with an initial conversion price of HKD 335 per share (approximately a 12.64% premium to the closing price). Morgan Stanley and UBS are acting as arrangers for this transaction, and the placement and bond issuance are independent of each other and not conditional upon one another. If all the bonds are ultimately converted into shares, the two transactions will add up to approximately 55 million shares, accounting for nearly 15% of the company's expanded total share capital. Regarding the use of funds, MINIMAX stated that about 80% of the net proceeds are intended to strengthen AI infrastructure and model development, 10% to accelerate the global commercialization of products, and the remaining 10% for working capital and general corporate purposes.

According to Bitcoin News, Bitcoin mining company Ionic Digital has disclosed that it has completed a $400 million private placement financing. Financial data shows that the company achieved revenue of $51.4 million in the first quarter of this year, with the digital infrastructure leasing (AI/HPC) business contributing $44 million, surpassing the revenue from Bitcoin mining for the first time.

According to Chosun Biz, South Korea's Kiwoom Securities is seeking to acquire a stake in South Korea's second-largest virtual asset exchange, Bithumb. Both parties are discussing the issuance of new shares through a third-party allotment, with the specific equity ratio and investment scale still being coordinated.South Korean securities companies are rushing to enter the virtual asset industry ahead of the issuance of security tokens (STO) and the institutionalization of stablecoins; the Financial Services Commission of South Korea is also discussing the major shareholder equity regulations in the second phase of the virtual asset law, which will generally limit the shareholding ratio of major shareholders in virtual asset exchanges to 20%, with exceptions allowing up to 34%. Bithumb's largest shareholder, Bithumb Holdings, currently holds 73.56%, and if the relevant regulations are implemented, it will need to reduce its stake by more than 50 percentage points.

According to Businesswire, Nasdaq-listed Solana treasury company Solmate Infrastructure announced the issuance of a total of 2,298,000 shares of Class B common stock through a registered directed offering, with an issuance price of $4.97 per share, expected to raise approximately $11.4 million in total funds. The transaction is expected to be completed around May 27, 2026, subject to customary closing conditions.

The digital asset trading platform Temple Digital Group has completed a private fundraising round, with SBI Group as the lead investor. The specific amount of financing has not been disclosed. Temple is expanding its product portfolio by introducing new capital and is preparing to go public in a regulated market in the second half of 2026.Previously, it was reported that Temple Digital Group completed a $5 million seed round of financing last October, led by Paper Ventures.