Litquidity Newsroom

All the defi, crypto, web3 news you need in one scroll

Hedge fund talent schools are seeking the perfect trader, Apollo sees no Fed rate cuts this year, Citi is bullish on Europe, Anthropic debuted its ‘industry-beating’ AI model, and Revolut is selling shares at a $40B valuation.

Golden Goose abandoned its IPO at the last-minute, Point72 is readying a new AI L/S fund, Bayview re-ignited a 2008-era CDS trade, UK reclaimed Europe’s stock market crown, an OpenAI co-founder debuted his own startup, and Netflix launched an ambitious retail experience.

All the defi, crypto, web3 news you need in one scroll

M&A-focused strategies are leading the hedge fund pack, Goldman and Evercore are bullish on stocks, Deutsche Bank is going all in on IB, Apple will shut down BNPL, and one crypto came full circle to adopt the gold standard.

Bonjour folks…European markets got rekked last week as political uncertainty rattled traders. But as the French famously say “Après la pluie, le beau temps” so we’ll stay hopeful that things turn around. Reminder, markets are closed Wednesday for Juneteenth so hope y’all enjoy a short week ahead🙏

All the defi, crypto, web3 news you need in one scroll

JPMorgan is betting on weight-loss drugs, PE firms have made over $1T in performance fees, Wells Fargo fired employees for faking work, producer prices unexpectedly declined, and European bond markets are on the verge of fracture.

Goldman and Google and vying for chess supremacy, America is experiencing a ‘Zyndemic,’ PE firm Permira named new co-CEOs, the world could soon see a massive oil glut, and Trump wants all remaining Bitcoin to be made in USA.

All the defi, crypto, web3 news you need in one scroll

PE has a love affair with accounting firms, hedge funds are piling into copycat quant trades, ‘anti-woke’ activists are going after corporate boards, catastrophe bond issuance hit a record high, and WeWork officially emerged from bankruptcy.

Hedge funds are dropping chip stocks for software, European stocks fell on a far-right election surge, OpenAI named its first CFO and product chief, UK is headed towards a major stock market overhaul, and Apple officially joined the AI race.