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AI & Enterprise

China\'s DeepSeek nears 11 trillion won funding from Tencent, CATL; valuation seen up to 90 trillion won

Chinese AI startup DeepSeek is nearing the completion of its first external fundraising round since its founding. The funding is expected to exceed 50 billion yuan, while the company has been valued at close to $60 billion, reports said. Participants are said to include Tencent, NetEase, JD.com and battery maker CATL, as well as venture capital firms. Founder and CEO Liang Wenfeng plans to invest about 20 billion yuan of his own money.

Finance

Korea Investment Trust Management to join SpaceX IPO, add to space tech ETF

Korea Investment Trust Management will participate in SpaceX\'s initial public offering and plans to add allocated shares to a space-technology exchange-traded fund and a public fund it manages. The company said it will join the IPO ahead of SpaceX\'s planned listing on June 12 local time. It also plans additional purchases on the listing day and aims to raise SpaceX\'s weight in its ACE U.S. Space Tech Active ETF to as much as 25 percent.

Crypto

RWA market tops $33.8 billion; top 10 cryptocurrencies drawing institutional money

The market for real-world assets (RWA) has surpassed $33.8 billion, reviving interest in related cryptocurrency projects as a key 2026 investment theme. Attention is focusing on projects tied to tokenised assets, institutional payment infrastructure and blockchain-based financial rails, amid growing efforts to handle bonds, commodities and payment systems on-chain. Chainlink drew the most attention among top RWA projects by market value, followed by Stellar, Avalanche, Hedera and Ondo.