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subtl daily briefing
Good morning, founders. The SEC just handed tokenized stocks a five-year hall pass, and crypto responded by pushing Bitcoin to $81,000. Meanwhile, OpenAI's agent swarm solved a Millennium Prize problem, and S&P Global quietly snapped up the security layer that protects $37 trillion in onchain transfers.
In today's briefing
- 1.SEC opens onchain stock trading
- 2.Bitcoin hits $81K as altcoins rally
- 3.OpenAI agents solve math milestone
- 4.S&P buys OpenZeppelin security layer
- ⚡Quick hits on other news
Latest Developments
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Everything else in the news today
Circle launched Arc mainnet with 11 institutional validators, including BlackRock, DTCC, and Visa, enabling USDC-based transactions with no gas token.→
Marketing Brew Summit is offering 50% off the last 50 tickets with code LAST50; speakers include Netflix, IBM, Reddit, Pinterest, and Dove.→
Replit gained 5.9M page views from 214 free SaaStr article mentions and 40+ podcast appearances.→
Stripe research found multiproduct SaaS companies grow 21% faster, and payments attach rate doubled to ~40%.→
An independent Slack would likely be worth $16B-$20B vs Salesforce's $27.7B acquisition, with ~$2.5B ARR growing 25%.→
Milk Road analyst Kyle exited ARK Genomic Revolution ETF for a 31% gain; Melvin sold Nebius and Meta and bought Credo at $150.→
Neutrl opened NUSD redemptions at 51 cents as the stablecoin faced market pressure.→
Huawei is accelerating its AI chip development while OpenAI models face new oversight questions.→
Anthropic Claude Code can now run parallel cloud threads and create Docs/Slides/Design without app-switching.→
World Labs turns photos into 3D worlds, Figure's Helix 2.5 does household chores, and Riverside adds Veo 3 B-roll generation.→
Google's Gemini product lead Tulsee Doshi says PMs should prototype ideas that don't work yet and invest in eval quality.→
The U.S. Open influencer program sparked backlash, with calls to reform creator partnerships.→