Cloud computing startup Fluidstack secures $830 million in Series A funding at a $7.5 billion valuation.

Ionic Digital expects its shares to begin trading on the Nasdaq Global Select Market on July 28, after the U.S. Securities and Exchange Commission (SEC) declared its registration statement effective, clearing the final major regulatory hurdle for the company’s long-planned listing. According to a company statement, Ionic’s stock ticker will be “IOND”. The firm opted for a direct listing rather than a traditional initial public offering (IPO), meaning it will not issue new shares nor receive any proceeds from the transaction; instead, existing registered shareholders will be able to sell their holdings on the public market. Ionic was originally formed to take over Bitcoin mining assets from the Celsius estate, before pivoting to position itself as a broader digital infrastructure company serving artificial intelligence (AI) and high-performance computing (HPC) workloads. The company first submitted its Form S-1 registration statement earlier this month. Ahead of the listing, Ionic has raised roughly $400 million to support data center construction and fuel its business shift from Bitcoin mining to a wider digital infrastructure focus.

According to market data from BIT (bit.com), at the opening of US stock markets, the Dow Jones Industrial Average rose 0.29%, the S&P 500 increased 0.6%, and the Nasdaq gained 1.04%. US storage sector stocks rose broadly: SanDisk (SNDK.O) and Western Digital (WDC.O) climbed around 9%, while SK Hynix (SKHY.O), Micron Technology (MU.O), and Seagate Technology (STX.O) gained approximately 7%.

According to market data from BIT (bit.com), the Philadelphia Semiconductor Index opened up 4.8%.

According to official announcements, Grayscale has appointed Sebastian Pulido as Head of On-Chain Asset Management, where he will lead the firm’s on-chain product strategy. Sebastian previously held roles at Aave Labs, Goldman Sachs, and JPMorgan’s Kinexys team, bringing extensive experience in institutional finance and digital assets.

Blockchain infrastructure developer Jito Labs has announced the launch of JTX, a Solana-based self-custody trading platform designed exclusively for professional traders. JTX initially offers spot trading, supporting a variety of Solana ecosystem assets including cbBTC, SOL, HYPE, and meme coins, alongside trading for tokenized real-world assets (RWAs) such as stocks and ETFs. The platform also integrates professional trading features tailored for on-chain markets.

According to Bitget's market data, WTI crude oil has climbed above $85 per barrel, with an intraday gain of 2.52%.