Anthropic Plans October IPO, Base App Handed Back to Coinbase

Anthropic plans to launch its IPO as early as October, with investment banks arranging preliminary communications with investors. The co-founder of Base stated that betting on on-chain social was a mistake, and the Base app will be handed back to Coinbase, with Cobie taking over. DTCC will tokenize Microsoft, SPY, QQQ, and U.S. Treasury bonds for Wall Street firms. Trump will meet with some lawmakers regarding the ethical provisions of the CLARITY Act. The U.S. PPI annual rate for June was 5.5%, lower than the expected 6.2%. The U.S. government has cleared its holdings of Alameda Research and FTX seized crypto asset wallets, transferring out approximately $9.5656 million in assets. SpaceXAI announced the open-sourcing of Grok Build, and as stock prices continue to decline, SpaceX's short positions have reached a paper profit of $3.88 billion. Musk stated that X will fully open-source its codebase after completing a security vulnerability review. Jiang Zhuoer has liquidated his ETH spot holdings, expecting a rebound cap of around $2,000.

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