valuation

According to The Information, citing informed sources on Friday, Anchorage Digital, a federally chartered digital asset bank in the United States, has laid off 17% of its workforce. CEO Nathan McCauley informed employees of this decision earlier this week. Anchorage was valued at $4.2 billion earlier this year, and as of February, the global workforce was approximately 400 people, meaning this layoff affects about 68 positions.The Information attributes this layoff to the ongoing downturn in the cryptocurrency market that has lasted for a year. Bitcoin briefly rose above $87,000 on Friday but remains far below the peak of $126,000 reached in October last year.At the time of the layoffs, Anchorage is continuing to expand its presence in the regulated U.S. cryptocurrency industry. The company became the first cryptocurrency firm to obtain a national trust charter from the Office of the Comptroller of the Currency in 2021 and has since developed into a major cryptocurrency custodian. Recently, its business has expanded into the stablecoin issuance sector, including participation in Tether's newly launched U.S. stablecoin USAT; earlier this year, the company also received a strategic investment of $100 million from Tether.

According to Bitcoin Magazine, Market Disruptors podcast host Mark Moss stated that despite the recent interest rate hike by the Federal Reserve, Bitcoin continues to rise. He believes that most people misinterpret the reasons for the long-term increase in interest rates, suggesting that a booming economy could be one of the answers, and noted that Bitcoin benefits from both currency devaluation trades and an optimistic technological future.Moss pointed out that the United States is facing $40 trillion in debt, and that a monetary reset is a process rather than a single event. He outlined four ways to address the debt issue, focusing on the trends from 2029 to 2030. He also discussed stablecoins and the Genius Act, believing that approximately 6 billion people worldwide want to hold U.S. dollars.He mentioned that institutions are buying Bitcoin while retail investors are selling, and referenced Bitcoin's S-curve and compound annual growth rate, providing a price target of $1 million.

According to the Financial Times of the UK, the artificial intelligence voice startup ElevenLabs has doubled its valuation to 22 billion dollars.

Market operator Kalshi is negotiating a round of $1 billion financing, targeting a valuation of $40 billion. Existing investors Sequoia Capital and Wellington Management are discussing leading the round, with Tiger Global and Dragoneer Investment Group also participating in the talks. This round of financing has not yet been completed, and the final list of investors and closing date have not been announced.In October 2025, Kalshi raised $300 million at a valuation of $5 billion, and in May 2026, it completed a $1 billion financing at a valuation of $22 billion. On September 25, the U.S. Sixth Circuit Court of Appeals made a ruling unfavorable to Kalshi in a lawsuit involving Ohio and Tennessee, allowing the two states to regulate its sports contracts under gambling laws. Kalshi claims that its products are regulated by the U.S. Commodity Futures Trading Commission.

OpenAI plans to raise $30 billion at a valuation of $1.4 trillion.

According to CNBC, cryptocurrency trading company Raven has completed a new round of financing with a valuation of 90 million, with participation from Coinbase Ventures and CMCC Global.Raven co-founder Petar Kostov stated that Raven was established in 2023 to provide liquidity for cryptocurrency trading and has expanded into prediction markets since the second quarter of 2025.

According to Fortune, AI real estate technology company EliseAI announced that it has completed a new round of financing of $350 million, with a valuation of $4 billion. Andreessen Horowitz (a16z) and Bessemer Venture Partners jointly led the investment, with existing investors Sapphire Ventures and Navitas Capital participating.This is the fourth time the company has received investment from a16z and Bessemer since 2023, just about 13 months after its previous round of $250 million Series E financing.It is reported that EliseAI's software currently mainly provides automated rental for homes, tenant services, maintenance requests, and lease renewals, covering about one-sixth of apartments across the United States. This new financing will be used for product development and to expand EliseAI's engineering, deployment, and sales teams in North America.

According to a report by Sina Technology, Faraday Future (abbreviated as FF) announced that its robotics business plans to merge into the NASDAQ-listed company AIxC (which will be renamed FFR) for an independent listing at a valuation of $200 million. FFAI's strategic upgrade will transform it into a Robotaxi sharing network + smart cabin technology operator and Physical AI investment holding company.FF founder and global CEO Jia Yueting stated, "FFAI will merge its robotics business into AIxC and go public independently, and FFAI will release value in a more open and resilient manner." The NASDAQ-listed company AIxC has signed a non-binding Term Sheet with FFAI to merge FFAI's robotics assets and business at a market valuation of $200 million, aiming to become the first pure-play stock in the four-core fully intelligent EAI robotics ecosystem. Specific transaction arrangements are still subject to the final agreement, approval from the special committee of the boards of AIxC and FFAI, regulatory approval, and formal company announcements.

According to Bloomberg, citing informed sources, the cryptocurrency exchange and wallet service provider Blockchain.com plans to complete its initial public offering (IPO) this year, aiming to raise approximately $500 million, with a target valuation range of $4 billion to $6 billion.Informed sources stated that if the listing process requires it, the company is also willing to accept a smaller issuance plan. Blockchain.com reached a valuation of $14 billion during the last peak of the cryptocurrency market, and this target valuation is significantly lower than that level. In May of this year, the company secretly submitted a draft registration document to the U.S. Securities and Exchange Commission to pave the way for a potential IPO, at that time not disclosing the number of shares to be issued or the price range.This listing plan comes as the capital market environment for cryptocurrency companies is reopening. Since mid-August, when the U.S. Treasury announced a significant increase in long-term Treasury bond repurchases, the price of Bitcoin has risen by more than 30%, driving an overall rebound in the cryptocurrency market. However, market conditions remain challenging; according to Bloomberg data, the stock prices of recently listed companies Gemini, BitGo, and eToro have fallen by about 50% to 80% from their post-listing highs.

According to Businesswire, physical AI chip company SiMa.ai announced the completion of a $150 million Series C financing round, co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, Point72, StepStone Group, and others.The company has raised a total of $500 million, with a valuation rising to $1.45 billion. SiMa.ai stated that the funds will be used to scale its physical AI platform Palette Neat and to develop the next generation of dedicated physical AI chips, which are planned to be launched in the first half of 2028, with computing power reaching up to 1000 TOPS.

Artificial intelligence company Instinct successfully raised $1 billion with a valuation of $10 billion.

Since its founding by Amazon founder Jeff Bezos in 2000, Blue Origin has invested approximately $30 billion. Blue Origin is undergoing its first external financing, having raised about $10 billion, with the company valued at $140 billion. The company plans to achieve growth through rocket launches, satellite communications, and artificial intelligence satellite services.

According to a report by Reuters, the artificial intelligence startup Island announced the completion of a $400 million Series F funding round, led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, and JP Morgan Growth Equity Partners.The company's valuation has reached $6.4 billion, and the new funds will drive the company into the next phase of growth and innovation, helping businesses expand the application scale of AI agents and modernize work methods.

PPP market prediction tool monitoring shows that the probability of "OpenAI's valuation reaching $975 billion before September 30" has risen to 63%, a 30% increase in 24 hours.If OpenAI's private market valuation published on Nasdaq Private Market reaches or exceeds $975 billion by September 30, 2026, it will be settled as "Yes"; otherwise, it will be "No". If OpenAI completes an IPO or direct listing during this period, the listing price and the public market valuation after listing will also be referenced. Subsequent modifications to historical data by NPM are generally not counted unless they correct obvious data errors.

According to a 46-page report from financial investment data company PitchBook, the market platform Kalshi has a baseline scenario valuation of approximately $30.4 billion, a peak valuation of about $42.1 billion during strong market performance, and a pessimistic scenario of $22.8 billion. Kalshi completed a $1 billion Series F financing in May this year, with a post-money valuation of $22 billion.PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profits reaching $3.7 billion, and believes that partnerships with platforms and market makers such as Robinhood and Susquehanna will help consolidate market share. The report lists the regulatory risks of the sports prediction market as a key variable affecting valuation, with data showing that the sports market currently contributes about 69.9% of Kalshi's event fee revenue; if Exotics products such as multi-event combinations are included, the proportion rises to 82.4%.Several states in the U.S. and Native American tribes are suing over the legality of Kalshi's sports prediction products, and related cases have created discrepancies between federal appellate courts, with the Supreme Court expected to intervene next year. PitchBook believes that even if the final ruling is unfavorable to Kalshi, the company may still adjust its business model through state-level licensing and the development of non-sports prediction products, but a significant decline in sports revenue will still notably impact its growth expectations.

According to Bloomberg, artificial intelligence inference platform startups Modal Labs and Baseten are negotiating a new round of financing. Modal Labs is valued at around 15 billion dollars, approximately three times its valuation four months ago; Baseten is valued at around 26 billion dollars, doubling from 13 billion dollars in June.As companies accelerate the adoption of artificial intelligence and the development of compute-intensive tools like agents, the demand for model inference services and related computing infrastructure continues to grow.

According to the FATF official website, FATF released the mutual evaluation report for Turkey in 2026 on September 23. The report shows that Turkey has made progress in the use of financial intelligence and international cooperation, but there are still significant shortcomings in money laundering investigations related to high-risk predicate crimes (such as drug trafficking and illegal gambling), recovery of overseas assets, and reporting of suspicious transactions.Turkey received a "partially compliant" rating for targeted financial sanctions related to proliferation financing (R.7) and regulation of non-profit organizations (R.8), and was ultimately placed on the enhanced follow-up list, requiring key rectifications to be completed within three years and regular progress reports.