Overnight and into early morning, the crypto and technology sectors saw a wave of significant developments. SpaceX conducted its first investment-grade bond issuance, ICE and OKX announced a 50-50 crypto joint venture named OKXICE, Coinbase revealed plans to list pre-IPO perpetual contracts for Anthropic and OpenAI, Micron Technology signed a multi-year storage supply agreement with Anthropic, Strategy and Bitmine continued their accumulation of Bitcoin and Ethereum, MoonPay acquired an AI accounting startup, Fomo completed a Series B fundraising round, Hong Kong-listed Zhipu saw its market capitalization surpass HK$1 trillion, and South Korea's Toss Bank will pilot cross-border remittances and settlements using Solana.
SpaceX Launches First Investment-Grade Bond Issuance
SpaceX has initiated its first offering of senior unsecured notes, seeking to raise at least $20 billion to repay a roughly equivalent bridge loan that constitutes the bulk of SpaceX's $29.1 billion in long-term debt. Last week, the company received credit ratings from three major agencies: Moody's assigned Baa1, Fitch gave BBB+, and S&P rated it BBB — all investment grade, three notches above junk status. This paves the way for lower-cost financing as SpaceX pursues its AI ambitions following its record $75 billion IPO.
ICE and OKX Form Joint Venture OKXICE
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, and cryptocurrency exchange OKX have established a 50-50 joint venture named OKXICE. The entity aims to bridge traditional exchange infrastructure with digital asset market expertise, further integrating conventional finance and crypto.
Strategy and Bitmine Expand Crypto Holdings
Strategy added 520 BTC last week, bringing its total holdings to 847,363 BTC, while increasing its dollar reserves by $300 million to $1.4 billion. Bitmine Immersion Technologies (NYSE: BMNR) reported holdings of 5,672,956 ETH, 205 BTC, and approximately $601 million in cash and marketable securities as of June 21, with total assets reaching around $10.7 billion. Chairman Tom Lee noted the company added 52,203 ETH over the past week and expects to maintain a steady accumulation pace through 2026. Bitmine's ETH holdings represent about 4.7% of the total Ethereum supply, of which 4.719 million ETH (over 83%) are staked, generating an estimated annualized staking income of approximately $223 million. Bitmine remains the world's largest institutional Ethereum reserve.
Micron and Anthropic Sign Multi-Year Storage Supply Agreement
Micron Technology has entered into a multi-year storage supply agreement with Anthropic covering data-center-class products including HBM, DRAM, and SSDs. The agreement ties supply commitments to Anthropic's long-term compute expansion plans for training and deploying its Claude models. Concurrently, Micron has deployed Claude across its engineering, manufacturing, and enterprise functions to support code generation and agentic business processes. Additionally, Micron made a strategic investment in Anthropic's Series H funding round.
Coinbase to List AI Company Pre-IPO Perpetual Contracts
Coinbase announced it will list pre-IPO perpetual contracts for Anthropic and OpenAI, under the tickers ANTHROPIC-PERP and OPENAI-PERP, with trading set to open at or after 19:00 UTC on June 22, 2026.
MoonPay and Fomo Close Key Deals
Crypto payments firm MoonPay acquired Entendre, an AI accounting startup focused on providing smart accounting solutions for companies using stablecoins and other digital assets. CEO Ivan Soto-Wright stated the company will continue pursuing M&A opportunities to expand its footprint. Crypto trading app Fomo raised $75 million in a Series B round at a $550 million valuation, led by Index Ventures with participation from Union Square Ventures, Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz. Fomo was founded in 2025 by former dYdX team members.
Hong Kong-Listed Zhipu and Toss Bank Updates
Shares of Hong Kong-listed Zhipu (02513.HK) surged over 12%, pushing its market cap past HK$1 trillion for the first time, with year-to-date gains exceeding 1,900%. Separately, South Korea's Toss Bank will conduct a proof-of-concept using the Solana blockchain for global remittances and settlements, aiming to offer faster and cheaper cross-border transactions for its users.
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