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Weekly News Recap | Jun 6 – 12 📰 AI infrastructure, tokenized finance, and major milestones across public markets defined the week. 🚀 SpaceX Enters Public Markets $SPCX officially began trading on Nasdaq following the largest IPO in history, debuting at a valuation of roughly $1.77T. The listing propelled @elonmusk past the trillion-dollar net worth mark, making him the first trillionaire in history. 🌎 Latin America Settlement Expansion @Ripple and @Bitso expanded their partnership by bringing the MXN-backed stablecoin MXNB to the XRP Ledger, supporting enterprise settlement and cross-border payments across Latin America. 📈 Public Treasury Vehicle Avalanche Treasury Co. officially began trading on Nasdaq under the ticker $AVAT, providing public market exposure to an $AVAX - focused treasury strategy aligned with the Avalanche ecosystem. ⛏️ Mining Pressure Builds Bitcoin was on track for one of its largest mining difficulty reductions in years as lower $BTC prices compressed miner revenues. The adjustment reflects the ongoing impact of market conditions on network profitability. 🤖 AI Agents Gain Financial Tools @coinbase launched Coinbase for Agents, allowing AI agents to trade assets, manage portfolios, and execute financial actions autonomously within user-defined guardrails. 💳 AI Payments Move Closer @OpenAI is reportedly considering lower model pricing as AI competition intensifies, while Visa partnered with the company to enable secure AI agent payments using tokenized credentials and Visa’s global payment network. 🦾 Humanoid Robotics Attracts Capital German robotics company Neura Robotics raised up to $1.4B from investors including Nvidia, Amazon, Qualcomm, and Tether. The funding values the company at approximately $7B and will support the development of next-generation humanoid robots. 📊 Prediction Markets Face Rule Changes The CFTC is preparing a new framework for prediction markets that would allow most sports-related contracts while retaining authority to restrict markets considered vulnerable to manipulation. 🛸 New UFO Documents Released The Department of War published a third batch of files related to UFOs and potential extraterrestrial life, continuing its broader declassification initiative.

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