Product updates, announcements, and our perspective on open, on-chain venture investing.
Anthropic closed a $65 billion Series H at a $965 billion valuation and filed confidentially with the SEC for an IPO targeting October 2026 — the first major AI lab to enter the public-markets process.
OpenAI closed the largest private funding round in history — $122 billion at an $852 billion valuation — and filed confidentially with the SEC for a Q4 2026 IPO, joining SpaceX and Anthropic in the most consequential public-markets race in tech history.
SpaceX debuted on the Nasdaq on June 12, 2026, raising $86 billion in the largest IPO in history. The stock surged nearly 50% above its $135 offer price, pushing the company's market cap above $2.8 trillion.
Why we’re opening venture-stage investing to everyone - and what you can expect from this blog.