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Crypto

SpaceX IPO frenzy draws crypto industry as tokens, perpetual futures and betting products proliferate

Crypto companies are competing to attract retail investors ahead of SpaceX's initial public offering, rolling out products ranging from prediction markets to tokenised assets and perpetual futures. The offerings allow trading on SpaceX price moves without a traditional brokerage account, though most do not provide direct share ownership, dividends, voting rights or claims on assets. Platforms such as Polymarket, Myriad, Kraken-linked services, Coinbase International, Hyperliquid and Backpack have launched related products, reviving investor-protection and regulatory concerns.

Crypto

SpaceX joins race as U.S. listed firms net buy 43,557 bitcoin in May

A competition among listed companies to hold bitcoin on their balance sheets continued in May, with firms sustaining large purchases despite bitcoin trading about 42 percent below its record high. Based on a BitcoinTreasuries.net corporate adoption report, listed firms added or newly disclosed 51,045 BTC in May, with net growth of 43,557 BTC after sales. The value was about $3.2 billion at the May 31 close. Strategy bought the most, while SpaceX drew attention by disclosing 18,712 BTC ahead of a planned IPO on June 12.

AI & Enterprise

Medical AI startup Evom AI raises seed bridge funding to advance heart disease-focused AI

Medical AI startup Evom AI said on Thursday it raised seed bridge funding from existing investors including Kkeullim Ventures. The company said it will use the funds to accelerate upgrades and commercialisation of its heart disease-focused AI solution products. Evom AI said it received a pass determination in a first review for Korea Good Manufacturing Practice standards for digital medical devices in May.