Alphaverse NFT Fund

BREAKING: Money market fund assets held by US households rose +$63 billion in Q2 2026, to a record $5.11 trillion. This marks the 17th consecutive quarterly increase, totaling +$2.58 trillion, or an average of +$152 billion per quarter. Money market fund assets held by US households now stand +89% above the peak recorded during the 2020 pandemic. Meanwhile, the Fed raised rates for the first time since July 2023 on Wednesday, by 25 basis points, to 4.00%, with markets now pricing in 3 additional hikes by mid-2027. Risk-free investments are about to get even more popular.

initial price action telling us that crypto wants to go higher

Tokenization is coming to America. Thanks to the SEC’s leadership, Americans can start to reap the benefits of tokenization: instant settlement, 24/7 trading, fractionalization by default and more. It’s a good day for US innovation.

We remain Long of Bitcoin

Bitcoin is a net overall loser to me. Whether it’s up or down in a moment doesn’t matter. It’s like someone with the Vanderbilt ML coming to me on Saturday night and asking me how great of a bettor they are.

COINBASE TO OFFER IPO ALLOCATIONS TO US RETAIL TRADERS

Aave will enable borrowing onchain against assets in qualified qustodians. Onchain lending rates are coming to OTC. Powered by @Anchorage and @chainlink.

Last month I wrote about how we can build a positive and safe future for everyone: meta.com/thefutureisforevery… Every lab has the responsibility and incentive to move at the pace required to train its models safely, and the ability to take its own actions to ensure that happens. The reality is: - People won't want to use agents that are misaligned with them and that don't do what they ask, so labs have a strong natural incentive to make their models more aligned. There is a lot of debate about slowing progress on capabilities until alignment catches up. My view is that trust and alignment are quickly becoming the most important capabilities that will differentiate agents and models. Any lab that doesn't focus on alignment will fall behind. - Labs face significant liability if their models cause harm, so they have a strong incentive to prevent this as well. Meta delayed shipping Muse for several months to focus on safety and security. We didn't call for everyone else to do this before we would. We just did it as part of our day-to-day work because it was clearly the right thing for people and for us. I'm proud of the security foundations we've built. - Engaging independent evaluators and advisors is industry best practice. MSL already does this today in several areas because it helps produce better work. Other labs can just do this too. In general, it would be helpful for there to be a larger and more diverse ecosystem of evaluators. - Committing the significant majority of compute towards serving people rather than racing towards recursive self-improvement is one of the best ways to ensure we develop this technology safely. Meta has made this commitment and other labs can do this as well. I believe the key to building a positive future for everyone is maintaining the right balance of power. This is within our power to do.