# Funding Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Funding", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Valuation of $852 Billion, CEO Holds Zero Shares, Shareholders in a Power Struggle: Who Controls OpenAI?

OpenAI, valued at $852 billion after a $122 billion funding round, is navigating immense opportunities and challenges. CEO Sam Altman holds zero equity, earning a minimal salary, which has raised governance concerns, notably during his brief 2023 ouster. Major investors include Microsoft (26.79%), OpenAI Foundation (25.8%), SoftBank (11.66%), Amazon (4.66%), and NVIDIA (3.47%). Their investments are often strategic, aimed at securing AI infrastructure advantages rather than purely financial returns. The company recently transitioned from a non-profit to a for-profit structure, with the OpenAI Foundation retaining significant control. However, oversight concerns persist as board members overlap between the two entities. Internally, tensions exist between Altman, who pushes for a potential IPO as early as Q4 2025, and the CFO, who cautions against rushing due to operational and financial risks. Financially, OpenAI reports $20 billion in monthly revenue (annualized $250 billion) but expects $140 billion in losses this year and $600 billion in compute investments over five years. Its high valuation—34x sales—reflects a bet on achieving AGI, as competition with rivals like Anthropic intensifies. The funding landscape highlights a divide: U.S. tech giants invest via corporate strategic deals, while Chinese AI firms rely on traditional VC funding, creating a significant capital gap. The ultimate question remains whether OpenAI’s vision justifies its historic valuation.

marsbit04/12 01:03

Valuation of $852 Billion, CEO Holds Zero Shares, Shareholders in a Power Struggle: Who Controls OpenAI?

marsbit04/12 01:03

Ethena jumps 11.35% – As THIS turns positive, will ENA see a stronger breakout?

ENA surged 11.35% to $0.09702, rebounding from below $0.09 and signaling early recovery strength, though it remains within a broader weak structure. The price faces key resistance at $0.10, a historical supply zone where upward momentum has slowed. Technical indicators like the MACD turning positive and Parabolic SAR flipping bullish suggest improving short-term sentiment. Persistent outflows reduced sell-side pressure, but limited inflows indicate weak demand. The funding rate turned slightly positive, reflecting growing long positioning without overcrowding. Overall, ENA shows signs of recovery but lacks strong confirmation for a sustained breakout above $0.10.

ambcrypto04/10 11:02

Ethena jumps 11.35% – As THIS turns positive, will ENA see a stronger breakout?

ambcrypto04/10 11:02

RWA Weekly: HSBC and Standard Chartered Secure Hong Kong Stablecoin Licenses; US FDIC Releases Draft Guidelines for Institutional Stablecoin Issuance

RWA Weekly: HSBC and Standard Chartered Secure Hong Kong Stablecoin Licenses; US FDIC Issues Draft Guidelines for Institutional Stablecoin Issuance This week’s RWA sector saw significant growth, with the on-chain total market cap rising to $29.06 billion. Stablecoin market capitalization remained high at $300.65 billion, while monthly transfer volume hit a record $10.21 trillion. Active addresses surged 15.24%, indicating strong retail participation recovery. Regulatory milestones were achieved as Hong Kong granted its first stablecoin licenses to HSBC and Standard Chartered, marking the start of a compliant stablecoin era. The U.S. FDIC released draft guidelines for stablecoin issuance, focusing on reserve management, redemptions, and capital requirements. The U.S. Treasury also proposed rules requiring stablecoin issuers to implement anti-money laundering and sanctions compliance systems. South Korea, Dubai, and Russia advanced their stablecoin and RWA regulatory frameworks. Key project developments include six Swiss banks, including UBS, planning to test a digital Swiss franc in 2026. Securitize began tokenizing shares for Nasdaq-listed Currenc, enabling 24/7 trading. SBI Ripple Asia completed development of a token issuance platform on XRP Ledger. Circle launched CPN Managed Payments to expand stablecoin payment services for institutions. Funding highlights: Pharos raised $44 million in Series A funding to develop its RWA-focused blockchain. GSR led an investment in tokenization platform Libeara. Gobi Partners invested in Transak to expand compliant stablecoin and digital asset payment infrastructure in Asia. S&P Global reported that banks remain cautious about stablecoins, with only 7% of small and mid-sized U.S. banks developing related frameworks. Chainalysis projected stablecoin transaction volume could reach $1,500 trillion by 2035, driven by generational wealth transfer and deeper integration into payment systems. Major tech firms like Meta are increasingly adopting stablecoins as a core payment strategy, signaling a shift toward digital asset-based transaction infrastructures.

marsbit04/10 09:48

RWA Weekly: HSBC and Standard Chartered Secure Hong Kong Stablecoin Licenses; US FDIC Releases Draft Guidelines for Institutional Stablecoin Issuance

marsbit04/10 09:48

Enhanced Secures $1M in Strategic Pre-Seed Funding to Bring Structured Yield to More Assets Onchain

Enhanced Labs Inc has secured $1 million in strategic pre-seed funding to expand structured yield products onchain. The round was led by Maximum Frequency Ventures, with participation from GSR, Selini, Flowdesk, and angel investors. The funding will support the development of DeFi solutions that simplify access to sophisticated options and derivatives strategies. Enhanced’s approach focuses on three pillars: improving auction mechanics for competitive yields, extending options-based strategies to more assets (including tokenized real-world assets), and creating an intuitive user experience. The platform aims to meet growing institutional and retail interest in onchain yield and options strategies.

TheNewsCrypto04/09 15:32

Enhanced Secures $1M in Strategic Pre-Seed Funding to Bring Structured Yield to More Assets Onchain

TheNewsCrypto04/09 15:32

Pharos Network Completes $44 Million Series A Funding, Total Funding Reaches $52 Million, Accelerating the Scalable Development of the On-Chain Economy

Pharos Network, a Layer 1 blockchain designed for institutional financial applications, has raised $44 million in Series A funding, bringing its total funding to $52 million. The round was co-led by undisclosed major institutions, including a top Asian private equity fund, a listed new energy company, and a licensed Hong Kong institution. Other strategic investors include Sumitomo Corporation (via a subsidiary), SNZ, Chainlink, and Flow Traders. The funds will accelerate the development of its on-chain real-world asset (RWA) infrastructure in Asia and globally. Pharos aims to integrate $50 trillion in RWA, traditional finance (TradFi), and cross-chain capital into a modular on-chain economy. The network uses a deeply parallel execution architecture with built-in compliance modules tailored for real-time, asset-backed financial applications. The company recently partnered with energy giant GCL to launch an RWA pilot project backed by energy assets. Its Atlantic Ocean testnet is already operational, supporting millions of users and hundreds of millions of addresses, demonstrating its capacity for high-frequency, high-value asset transfers in preparation for mainnet launch. Pharos was co-founded by ex-Ant Group core management, including CEO Wish Wu, and previously raised an $8 million seed round in November 2024.

marsbit04/08 12:21

Pharos Network Completes $44 Million Series A Funding, Total Funding Reaches $52 Million, Accelerating the Scalable Development of the On-Chain Economy

marsbit04/08 12:21

Telegram’s Lighter integration fuels HYPE – Breakout toward $42 IF…

Telegram's integration with Lighter brought attention to Hyperliquid (HYPE), but a significant whale moved against the trend by selling 12.2K HYPE ($449.1K) and placing an additional 10.4K HYPE sell order ($386K), while withdrawing $1.26M in USDC. This activity, following the whale's exit from large long positions, created a divergence between the bullish narrative and capital flow. HYPE maintained a bullish flag pattern, trading between support at $35.37 and resistance at $38. While the structure remained intact with buyers stepping in at lower levels, failure to break $38 indicated hesitation. A breakout toward $42.10 was possible if resistance was overcome. The RSI showed weakening buying pressure, stabilizing near 49.18. Short liquidations dominated recent activity ($26.58K vs. $4.14K long liquidations), supporting upward pressure and short squeezes. However, the funding rate, though positive at 0.0008%, was declining, signaling reduced conviction among longs. This aligned with whale distribution, suggesting weakened confidence. The overall setup remained constructive but faced headwinds near resistance, leaving a breakout uncertain.

ambcrypto04/07 21:20

Telegram’s Lighter integration fuels HYPE – Breakout toward $42 IF…

ambcrypto04/07 21:20

As Ozak AI Clears Key Funding Milestones, Exchange Listing Discussions Begin to Intensify Across the Market

Ozak AI has surpassed key funding milestones, raising over $6 million and selling more than 1.15 billion tokens during its presale phase. These achievements have intensified discussions around its upcoming exchange listing. The token, which progressed through multiple pricing phases from $0.001 to $0.014, aims to reach a public trading price of $1, representing a potential 71x return on investment. The project's technological foundation—including cross-chain functionality, governance, staking, DePIN, the x402 Protocol, and the Ozak Streaming Network—has fueled investor confidence. Strategic partnerships with Meganet and Phala Network further support its goal of building a secure, distributed AI infrastructure. Market recognition and strong presale performance indicate growing interest ahead of its public debut.

TheNewsCrypto04/07 13:28

As Ozak AI Clears Key Funding Milestones, Exchange Listing Discussions Begin to Intensify Across the Market

TheNewsCrypto04/07 13:28

Strategy’s latest 4.8K BTC purchase – 3 reasons why it’s buying Bitcoin dip

Strategy continues its Bitcoin accumulation strategy despite market consolidation, purchasing 4,871 BTC (worth $330 million) to bring its total holdings to 766,970 BTC. This move accounted for 94% of all corporate BTC purchases in March. Unlike many firms, Strategy buys during price weakness rather than breakouts, signaling long-term conviction but limited short-term upside expectations. Funding for these purchases comes primarily from equity raises rather than debt), providing flexibility and avoiding forced selling risks. The recent acquisition was supported by a $473.9 million equity raise, leaving the company with a $2.25 billion cash buffer. This approach allows continued buying during downturns but introduces gradual shareholder dilution. While demonstrating strong belief in Bitcoin’s future, Strategy’s retained cash and measured accumulation reflect a cautious stance amid ongoing market uncertainty and unconfirmed price structure.

ambcrypto04/07 10:51

Strategy’s latest 4.8K BTC purchase – 3 reasons why it’s buying Bitcoin dip

ambcrypto04/07 10:51

Meeting at the Pinnacle of Generalist: 30 Billion in 30 Days, What Did Qianxun AI Do Right?

Qianxun Intelligence, a Chinese embodied AI and robotics startup, completed two major funding rounds totaling 3 billion RMB within 30 days in early 2026, backed by prominent investors including Shunwei Capital (Lei Jun) and Yunfeng Capital (Jack Ma). Founded in January 2024 by a team with expertise in robotics, AI, and commercialization, the company focuses on developing general-purpose embodied AI models. Its open-source model, Spirit v1.5, surpassed competitors in performance benchmarks, demonstrating strong zero-shot generalization capabilities for complex tasks. The company follows a scaling law approach similar to large language models (LLMs), leveraging massive diverse datasets—including internet videos, wearable device data, and teleoperation data—to train its Vision-Language-Action (VLA) model. Qianxun employs a multi-source data engine, collecting over 200,000 hours of real-world interaction data, with plans to reach 1 million hours by 2026. It uses low-cost wearable devices for efficient data acquisition and emphasizes real-world deployment for continuous data feedback. The company has deployed robots like "Xiao Mo" in industrial settings (e.g., battery production lines for CATL) and commercial scenarios (e.g., as baristas in JD.com malls), using operational data to refine its models. This "commercialize while iterating" strategy supports both revenue generation and model improvement, positioning Qianxun to compete globally in embodied AI.

marsbit04/07 04:05

Meeting at the Pinnacle of Generalist: 30 Billion in 30 Days, What Did Qianxun AI Do Right?

marsbit04/07 04:05

OpenAI Experiences Internal Strife Again! Major Leadership Shake-Up on the Eve of IPO

OpenAI is experiencing significant internal turmoil and executive reshuffling just as it prepares for a potential IPO later this year. Key changes include COO Brad Lightcap transitioning to a special projects role, Chief Marketing Officer Kate Rouch resigning for health reasons, and Chief App Officer Fidji Simo taking a medical leave. These departures and reassignments have raised concerns about management stability during a critical period. Additionally, tensions have emerged between CEO Sam Altman and CFO Sarah Friar over the IPO timeline. Altman is pushing for a faster launch, aiming to go public before competitor Anthropic, and has publicly committed to $600 billion in future AI infrastructure investments. Friar, however, advocates for a more cautious approach, citing the immense internal preparation required and uncertainties around the company’s financial sustainability given slowing revenue growth and massive compute expenditure commitments. These developments have led to speculation about OpenAI’s ability to execute a successful IPO this year, with external observers and industry insiders questioning both its business model and internal cohesion amid fierce competition and financial pressures.

marsbit04/06 06:57

OpenAI Experiences Internal Strife Again! Major Leadership Shake-Up on the Eve of IPO