by Michael
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment... 
by Michael
Key TakeawaysNational Business Pension Fund targets 1% crypto allocation worth $1.36 million in FY2026.Fund cuts yen exposure from 80% to 70%, citing the dollar’s weakening reserve status.Japan’s FIEA bill, passed June 11, 2026, could pave the way for crypto... 
by Michael
Key TakeawaysKalshi held early IPO talks with banks, per The Information.Kalshi’s annualized revenue run rate topped $2 billion, tripling since November 2025.Coatue led Kalshi’s $1 billion round in May 2026, lifting its valuation to $22 billion. According to The... 
by Michael
Key TakeawaysAndre Cronje, Michael Kong, David Richardson left Sonic Labs board this week.Sonic’s S token fell 97% from its $1.03 peak, with total value locked (TVL) down to $20 million.Matt Visser becomes CEO, pledging incremental, transparent governance reform. The... 
by Michael
Key TakeawaysTrump warned Iran on June 21 to stop Hezbollah proxies in Lebanon or face harder U.S. strikes.Israeli strikes killed 18 in Lebanon on June 19, the deadliest blow to the MoU since June 17.U.S. and Iranian delegations meet in Switzerland this week for... Translate »
