1. Anthropic could launch its IPO as early as October; investment banks have already arranged preliminary discussions with investors;
2. Base co-founder: The bet on on-chain social media was a mistake; the Base app will be returned to Coinbase and taken over by Cobie;
3. DTCC will tokenize Microsoft, SPY, QQQ, and U.S. Treasury bonds on behalf of Wall Street firms;
4. The Donald Trump will meet with select lawmakers regarding the ethical provisions of the CLARITY Act;
5. U.S. June PPI annual rate came in at 5.5%, below the expected 6.2%;
6. The U.S. government emptied the wallets holding seized crypto assets from Alameda Research and FTX, transferring out approximately $9.5656 million in assets;
7. SpaceXAI announced the open-sourcing of Grok Build;
8. As the stock price continues to fall, SpaceX short sellers have realized paper profits of $3.88 billion;
9. Musk: X will fully open-source its codebase after completing a security vulnerability review;
10. Jiang Zhuoer has liquidated his entire ETH spot position and expects the rebound to cap at approximately $2,000.
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Svmuu Morning Brief
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