Bitwise Debuts $259M Tokenized Crypto Carry Fund USCC
Bitwise took over Superstate’s $259M USCC tokenized fund on June 1, 2026, bringing the crypto basis trade onchain as tokenized RWAs hit $31.8B.
Market Trend
Analysis of broad equity-market direction, sector leadership, volatility, rates, and cross-asset signals. Articles identify the date and session for market data and separate observation from interpretation.
Cognition Hits $26B in $1B Series D; Devin ARR Reaches $492M
Cognition raised $1B at a $26B post-money valuation — 2.5x its September 2025 mark — as Devin’s ARR reached $492M with enterprise usage up 50% monthly.
Cat Bonds Hit Record $69.9B as Hurricane Season Opens
Cat bond market enters 2026 Atlantic hurricane season at a record $69.9B outstanding, with $15.5B issued YTD as NOAA forecasts a below-normal season.
June 2026 IPO Wave: 7 Deals Worth $4.7B Hit Calendar
Seven IPOs led by INNIO’s $1.9B and Quantinuum’s $1B target a combined $4.7B as the Renaissance IPO Index outpaces the S&P 500 by 11.5 points YTD.
Russell 2026 Reconstitution: A $217B Day, Now Semi-Annual
FTSE Russell’s preliminary 2026 additions and deletions hit on May 22. The flip goes effective after the June 26 close – and now happens twice a year.
Nikkei 225 Tops 65,000 First Time on Iran Peace, Tech Bid
Japan’s Nikkei 225 closed at a record 65,158 on May 25, 2026, up 2.87%. Iran peace talks crushed oil; SoftBank and chip equipment names led the bid.
Non-Traded BDC Outflows Top Inflows for First Time on Record
Stanger data shows Q1 2026 non-traded BDC gross sales of $4.9B vs $6.9B redemptions met — the first net outflow quarter ever for the $200B-plus segment.
Stellantis Bets €60B on FaSTLAne 2030; STLA Falls 6%
New CEO Antonio Filosa unveils Stellantis’ €60B FaSTLAne 2030 plan: 60 new vehicles, €36B for North America, €6B annual cost cuts. STLA fell 6.2%.
S&P 500 Hits 8-Week Win Streak, Longest Since 2023
Wall Street’s eight-week run, its longest since December 2023, lifted the S&P 500 to 7,473 as small caps and quantum names led Friday.
Mercury Raises $200M at $5.2B, Bids to Be a Real Bank
Mercury’s $200M Series D at a $5.2B valuation, led by TCV, signals fintech’s funding recovery as the startup pursues a U.S. national bank charter.