Avalanche just moved $365.29 million in RWA transfer volume over 30 days — a 360% jump. The network now holds roughly $2.1 billion in tokenized real-world assets, mostly money market funds and private credit. This isn't speculative hype, it's settlement demand.
BlackRock's BUIDL fund runs on Avalanche, which tells you institutions are treating this as infrastructure, not experiment. When traditional finance moves billions through a chain, it's signaling trust in speed, cost, and compliance.
Th...
SpaceX Completes $60B Cursor Acquisition
Could Cursor be the key to SpaceX’s next AI breakthrough? Elon Musk’s #SpaceX has completed its $60 billion acquisition of Anysphere, the company behind AI coding startup Cursor, making it a wholly owned subsidiary.
The deal became effective August 14, with Cursor shares converting into about 389.3 million SPCX shares. Cursor’s team will join SpaceXAI to help improve Grok, Grok Build, Grok Bot, Grok API and Cursor.
$SPCX shares fell more than 2% to a...