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Cryptocurrency Exchange Startup Fomo Raises $75 Million in Series B Funding at a $550 Million Valuation

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On June 22, cryptocurrency exchange startup Fomo announced it has closed a $75 million Series B funding round, per Fortune. The round was led by Index Ventures, with participation from Union Square Ventures, Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz, lifting the company’s valuation to $5.5 billion. Founded in 2025, Fomo was established by former members of the dYdX team: Paul Erlanger, Se Yong Park, and Prashan Dharmasena.
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Google Cloud and Nokia have announced a partnership to integrate Google's Gemini model into the Nokia Security Center

Per market sources, Google Cloud and Nokia announced a partnership on June 22nd to integrate Google’s Gemini model into the Nokia Security Center. As of press time, Nokia shares are up 2.45% in pre-market trading, currently at $13.82.

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Public Safety AI company Peregrine has completed a $250 million Series D funding round, led by Sequoia Capital.

June 22 — U.S. public safety AI firm Peregrine Technologies has closed a $250 million Series D funding round, lifting its valuation to $6.8 billion. That’s nearly triple the $2.5 billion valuation the startup held just 15 months prior, with the round led by existing backers including Sequoia Capital. Peregrine’s core product is a government-focused data integration platform that connects disparate municipal datasets — such as police records, 911 call logs, license databases, sensor feeds, and emergency management systems — for real-time access. The tool includes role-based access controls and full audit tracking, with a critical distinction: the platform does not collect or store any data itself. Currently, Peregrine serves over 400 law enforcement agencies across North America, covering roughly 125 million people. It’s also operational in 8 of the 11 Safety Operations Centers for the 2026 FIFA World Cup, based at the event’s host cities. Co-founder and CEO Nick Noone previously led

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Strategy increased its Bitcoin holdings by 520 coins last week, with its USD reserves also rising to $1.4 billion.

June 22 – Strategy disclosed in a U.S. Securities and Exchange Commission (SEC) 8-K filing that it sold 2.71 million shares of MSTR stock via its At-The-Market (ATM) equity issuance plan between June 15 and 21, generating $335.5 million in net proceeds. A portion of these funds was used to purchase 520 bitcoins at an average price of $67,068, totaling $34.9 million. As of June 21, Strategy holds a total of 847,363 bitcoins, with a combined acquisition cost of $64.1 billion and an average holding price of $75,651. The firm’s U.S. dollar reserves also rose to $1.4 billion. Notably, the $67,068 average price of the recent bitcoin purchase is below the company’s current average bitcoin holding price of $75,651, marking another instance of Strategy "buying the dip" amid a recent Bitcoin price pullback.

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Established Asset Manager Baillie Gifford Teams Up with BNY to Launch On-Chain Fixed Income Tokenized Fund, Deploying Ethereum and Solana Dual Chain

On Monday, June 22, Edinburgh, Scotland-based Baillie Gifford — an 118-year-old, old-school asset management firm — announced a partnership with global custody giant BNY to launch the Baillie Gifford Enhanced Yield Fund (BAGEY), a tokenized fixed-income fund deployed simultaneously on the Ethereum and Solana blockchains. Denominated in U.S. dollars and structured as an open-ended investment company (OEIC) under UK regulatory frameworks, the fund targets eligible investors in the UK, Switzerland, and the Cayman Islands. It is an actively managed short-duration corporate bond portfolio offering an approximate 7% current yield. Unlike most tokenized products in the market, Theo Golden, Baillie Gifford’s Head of Digital Assets, emphasized that BAGEY is not a traditional fund wrapped in a token shell. Instead, it is a fund issued directly on-chain, where the blockchain itself acts as the official register of ownership. Investors hold shares directly and have direct recourse to their inves

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OKX Price Surges Over 8% Short-Term, Now Trading at $80.10

June 22: According to HTX market data, OKX experienced a short-term price surge of over 8%, briefly peaking at $82.97. It has now retraced to $80.10, with a 5.15% gain over the past 24 hours. Turning to related news, Intercontinental Exchange (ICE)—the parent company of the New York Stock Exchange—has announced a cryptocurrency joint venture with OKX, named OKXICE.

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SpaceX Launches First High-Yield Dollar Bond Issuance

Per SEC filings released on June 22, SpaceX has launched its first high-yield U.S. dollar bond offering, issuing senior unsecured notes earmarked to repay its outstanding loans. The notes will be offered to eligible institutional investors and non-U.S. parties.

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