Hutt Capital retweeted
We’re excited to announce that Rip Cars has closed its $1.5M strategic round, backed by an incredible group of investors:
@dba_xyz, @Colosseum, @KyleSamani, @Novora_, @Allinbitcoin_, @Sacha, and Erik C.
This round brings us one step closer to building the world’s largest marketplace for collectible Hot Wheels.
Hutt Capital retweeted
I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.
Hutt Capital retweeted
Growing up in the United States, NYSE was synonymous with the story of American capitalism. I vividly remember learning about the Buttonwood agreement in 9th grade history class. 24 stockbrokers met under a tree on Wall Street and formed the beginning of what would become the world's financial center. From pits to computers to now onchain markets, America has always led the way in innovating markets to improve price discovery and capital formation. Today the next chapter begins with ICE, trade[XYZ], and Hyperliquid.
ICE started as an electricity-trading platform in 2000, growing to acquire NYSE itself in only 13 years. It is a key infrastructure provider of America’s energy, bond, and mortgage markets. ICE is a rare story of exponential growth of a financial giant over decades, continually embracing innovation and technology.
trade[XYZ] was the first HIP-3 deployer and responsible for spearheading the flourishing global RWA perpetual market today. Only a year ago, trade[XYZ] launched its first RWA perpetual markets. They took a bet on HIP-3, which had just launched after months of tireless development. Having followed their journey from day 1, I cannot overstate how much Shoku and the team have poured into growing these markets to a genuine source of price discovery for the most important assets in the world.
Over the past three years, Hyperliquid has pioneered onchain infrastructure to house all of finance. Hyperliquid is nothing without its world-class builders. I am honored that trade[XYZ] and ICE have chosen to build on Hyperliquid to bring perpetual contracts to America.
When I first spoke to Jeff Sprecher around a year ago, he asked what success looks like to me. I thought for some time and joked that it would be seeing ICE building on Hyperliquid's technology. I could never have predicted the progress that we've made as a community in a single year to make this come true. Excited to see what we can build together next.
Intercontinental Exchange (ICE) and trade[XYZ] have announced their plan to use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US traders across crypto, equities, commodities, foreign exchange, and other real-world assets, subject to regulatory approvals. ICE operates NYSE and some of the largest exchanges and clearing houses globally.
In this structure:
+ Hyperliquid serves as the underlying technology infrastructure via HIP-3*
+ trade[XYZ] designs and implements the markets
+ ICE operates the regulated market and clearing structure
Existing trade[XYZ] HIP-3 markets will remain unchanged.
Hyperliquid is a neutral infrastructure layer with the goal of supporting large parts of the financial system. As with HIP-3, HIP-3* deployers are independent operators who use Hyperliquid as the onchain infrastructure layer for their own markets, while retaining control and responsibility over their deployment.
Hutt Capital retweeted
Since launching in August 2025, @USDai_Official has received more than 700 financing requests from GPU cloud operators, representing $26.5B of financing demand. About $8.7B of that is actively progressing across various stage
Most of this demand comes from the Compute Middle Market ($10m to $300m sizes), the operators building AI capacity between startups and hyperscalers. These operators have signed customer contracts and hardware on order. They need financing sized to their deals, and conventional credit, built one bespoke facility at a time, was never set up to provide it at this volume.
@USDai_Official was built for these operators, with one standard facility structure, underwriting through Compute IQ that scores every deal on the same evidence, and institutional capital on the other side through GLX.
The credit market was never open to private startups to finance GPUs btw. Public neoclouds (former BTC miners) have been able to raise parent co financing by stuffing structure, converts, warrants into debt deals. They also have revenue from mining coins.
Anything less than $1 billion notional GPU purchase has always been too small for private credit, too big for community banks, so the market has never existed. The fear mongering around credit markets closing for private startups is fundamentally silly, and also not really how it works. Deals have move from parent co financing to asset backed (GPUs). GPUs are better collateral than your startup equity. This is self explanatory
How do I know this. Portco @USDai_Official has seen and financed more (by count) GPU deals than anyone else on earth. $450M of funded loans so far and growing. The reality is all of these smaller players will be forced to interact with the stablecoin economy to finance deals. I think the opportunity for stablecoin players to win the SMB GPU financing is large, and you are getting equity like returns (10-15%) against pristine collateral.
Hutt Capital retweeted
Couldn't be more excited 1) to continue working with this team and 2) that it now includes more exceptional builders of onchain capital formation including @omgcorn
Stewards of making the most efficient capital markets legible for the broader world
teapaw.org/BirchHill_io/status/21…
Birch Hill has raised a $4M seed round led by @multicoin, with participation from @paraficapital, @castleIslandvc and @nascent.
We’re building the regulated path for credit onchain, connecting U.S. credit to onchain capital.
Hutt Capital retweeted
We’ve raised an oversubscribed $30M Series A1 led by @walden_catalyst to build the Global Compute Grid.
We’re turning fragmented GPU capacity into one unified platform where AI teams can access, manage, sell, and orchestrate compute.
Our mission: make the world’s compute unified, productive and liquid.
Hutt Capital retweeted
We are thrilled to announce our $8M Series A to connect regulated markets to onchain finance.
Predicate enables digital assets to reach every market compliantly. We do this by embedding compliance controls directly into digital assets to block high-risk and sanctioned activity at every transaction.
To date, Predicate has:
- Screened $1B+ in transaction volume
- Evaluated 6M+ transactions against custom compliance policies
- Blocked 100K+ non-compliant transactions
The round was led by @bcap with participation from @Paxos, @1kxnetwork and @tribecap.
Hutt Capital retweeted
Fifty providers are now in the Liquid Inference network, up 22 in a week, over half the size of competitors’ networks in two weeks since launch. Every frontier open-weight LLM is quoted, and we actively benchmark all model+provider pairs to ensure model weight fidelity.
Hutt Capital retweeted
Everything is getting more autonomous. Except us.
When @jesseldn went out to raise his newest fund, he built the strategy around one word: autonomy.
But getting there was a long and circuitous route.
In 2016, @usv invested in Jesse’s company Mediachain. That’s given us the chance to work together for a decade, including his time at @a16zcrypto and now at @variantfund .
The through line is a belief that technology should give people more control over their lives.
In this week’s episode of The Slow Hunch, we trace that belief back to Jesse’s humble beginnings as an internet pirate and talk about what it will take for AI to fulfill that promise.
Jesse is consistently one of the most cogent thinkers I get the chance to speak with, and I think you’ll enjoy our chat.
0:00 Preview
01:15 Variant's new thesis
02:20 Automation ≠ Autonomy
06:50 How piracy shaped Jesse's worldview
09:00 How the internet went from open to closed
15:45 How BTC inspired Jesse’s startup MediaChain
21:00 Why breaking the rules drives innovation
24:00 The Variant founding story
29:30 Why crypto's ownership thesis didn’t fully play out
34:00 Could AI agents deliver on crypto’s original promise?
37:00 Will AI become another walled garden?
39:00 “You can just do things”
46:15 Will AI give us more agency or take it away?
Hutt Capital retweeted
Today, Coherence is announcing their $45M Series A from Founders Fund and OpenAI.
Topology was lucky to be Coherence’s first US institutional investor and co-lead their Seed round.
Thrilled for Ben, Elise and the team.
We’ve raised a $45m Series A, co-led by
@foundersfund and The @OpenAI Startup Fund, to build cancer therapy that learns. Technology is rapidly changing medicine, but data loops and rapid adjustments are still largely missing. When you start cancer treatment, knowing whether what you’re doing is working is too slow. Clearly there is a better way. Build systems to watch cancer in real time, then feed that data into a system that itself can treat the disease. This seeds a future where, unlike drugs, we develop medicine that continuously learns to improve itself. We've been building neurotechnology and BCI platforms to do just that.
@coherenceneuro
Hutt Capital retweeted
Today, @Anchorage is bringing stablecoins issued by a federally chartered bank to Securitize.
We mint and redeem stablecoins directly with Anchorage Digital Bank, which also provides custody and settlement, so one federally chartered bank handles the mint-to-redemption process.
Hutt Capital retweeted
PreStocks × Pumpfun 🤝
You can now launch memecoins paired with PreStocks on the world's biggest launchpad 📈💊
PreStocks are live on Pumpfun!
You can now launch coins paired with OpenAI, Anthropic, Anduril, Neuralink, Figure AI, Kalshi, Polymarket and Oura.
Trade pre-IPO tokens and pair new tokens with them on Pumpfun, powered by @PreStocks
Hutt Capital retweeted
Multiliquid closes seed round led by @polychaincap, with participation from @strobefund, @CMT_Digital, @metalayervc, @genventurecap and @circle_ventures, bringing total funding to $8M.
Instant liquidity for tokenized assets, atomic settlement, 24/7.
Read more: multiliquid.xyz/news/seed-ro…
Hutt Capital retweeted
We’re pleased to announce @Meow has accepted a $31.6M Series B led by @Stifel with participation from @archetypevc. That brings our total funding to over $60M.
This is a strategic investment and a partnership. Stifel will offer a white-label version of Meow’s platform to its commercial banking clients, starting with venture and fund banking.
Game on.
Fintechs are becoming banks. They’re going after charters and showing up with better technology than the banks they compete against.
Banks can spend years trying to build that technology, or they can run on a platform that already wins.
Meow proves it. We compete for startups, the most competitive and demanding banking market in the world, and we go head to head on product. We have billions of assets on the platform, billions in annualized payment volume, and millions in annualized profits at scale and in the market every day.
Most software sold to banks has never had to win a customer on its own. Ours competes for the most demanding customers every day. It’s proven. That’s why Stifel entrusted Meow with this deal and opportunity.
Now, we’re launching the ability for banks to have the entire Meow platform under their own brand:
→ onboardings
→ bill pay
→ expense management
→ invoicing
→ agentic compliance and backoffice
→ stablecoins
→ everything else
And it never falls behind. Every feature our customers push us to build ships to our bank customers too.
We anticipate Stifel’s venture and fund banking clients get all of it starting early 2027.
Meow will allow every bank to be able to compete with the industry leading fintechs. This will change the game for banks and is only the beginning. Now, back to work.
Building data centers starts with power.
GridPilot (@gridpilothq – ALL18) brings AI to the $200B power engineering industry.
It turns a short project description into a complete, filing-ready engineering packet in just 24 hours instead of 6 months at 10% of the traditional cost.
Congrats to @im_ryanyang, @brianlyxch and @suhan1996.
Hutt Capital retweeted
The Liquid Inference router network is growing quickly. We now have 28 verified companies serving >1000 models, offering capacity dynamically and updating quotes in real-time. Average time for providers to onboard and integrate models is 3 hours, full verification within a day.
Ubitium raises $14M to bring universal computing to physical AI tech.eu/2026/10/13/ubitium-l…
Hutt Capital retweeted
a few notes on local AI
and our computers that run it
around fifteen months ago, i led the pre-seed round for a weird local AI project
it was called @actualinc
led by @Tom_A_Lynch
for the first time in the AI movement
open models are now good enough for a large and growing set of workflows, especially where latency, privacy, bandwidth, and token cost are critical
hermes agent from @nousresearch and ‘lab’ by @primeintellect have broken this idea wide open with killer products today, built on open rails
we are no longer forced to assume that every useful task must route through one of a few centralized frontier APIs
and so
tom and the squad at @actualinc have painstakingly created a new type of proprietary inference engine
for all types of computers
maybe you are an owner of one of the tens of millions Apple macs
or an owner of one of the millions of RTX-class machines
or maybe you run a small team or company
and you are starting to realize
what many others across the world, have started to realize
which is that sometimes centralized AI systems bring their own set of unique problems
especially as our workflows move into an always-on, agentic era which might sometimes come with:
- exorbitant costs
- no privacy
- lack of control
but a problem remains
running local AI is still too hard
firing up one model on one machine is difficult enough
but running models across different machines means navigating drivers, networking, model sizing, memory limits, API setups
stitching together hardware is messy across Mac, Windows, Linux, NVIDIA, Apple, AMD
heterogenous systems were never meant to work seamlessly together like this
today, you'll find that most of the local inference software available is built around single users, for a single machine use case
running inference capacity in bulk, across many users, and many kinds of computers
that is a different animal altogether
tools like llama.cpp made local models accessible, but they are not designed to coordinate tens of thousands of heterogeneous machines under a live supply network
vLLM-style batching can be economical, but vLLM is limited in the machines it can run on
the local AI movement requires a simple product experience, for a tough engineering problem
that is the problem @Tom_A_Lynch pitched me fifteen months ago
and the problem @actualinc has been engineered to solve
now with the help of his cracked and growing team @skooookum, @somewheresy, @jack15032, and the rest of the crew
starting with their first product
go to actual.computer
in under one minute, install the @actualinc client, authorize your machine, load a model, and @actualinc turns your personal device into a private inference endpoint
in less than twenty seconds, add a second, or third, or fourth machine of any type and it will start behaving like a small private cluster
from a technical POV
actual runs as a lightweight daemon on each machine and turns local hardware into a routable inference endpoint
each node reports its available memory, accelerator type, model state, and health back into the cluster, while the user interacts with a single API surface
instead of managing ports, drivers, or SSH sessions
a relay layer lets requests reach machines without forcing users to configure networking or expose their devices directly
and as a result
computer owners of all kinds of computers
can get local inference clusters
- when they want to control costs
- when they want to control privacy
- when they want to build on top of a neutral stack
eventually, over time
computer owners running these local clusters should be able to seamlessly contribute their unused capacity back to the @actualinc network
for a market to price
and for someone else to purchase
you can think of @actualinc as building the engine and control plane for datacenter style throughput in homes, in offices, in small to medium sized businesses, and in very big sized businesses
because there are hundreds of gigawatts already on the grid right now, that are waiting
on desks, in storage closets
to become actual computers
Hutt Capital retweeted
Securitize Stocks are now live.
Here’s who’s supporting trading now, and who’s building the venues and market connections for their future:
Securitize Stocks launched on @Solana, with transactions settling in USDC.
@NYSE is building a 24/7 digital venue where Securitize Stocks are expected to trade upon the venue’s launch.
@okx and @ICE_Markets are building OKXICE, a planned Tokenized Securities Venue where Securitize Stocks are expected to be available in the future.
Securitize Stocks are designed to support additional onchain utility over time, including supported lending and collateral markets like @aave.
@jumptrading serves as a market maker on our Solana PropAMM, supporting liquidity, price discovery and execution.
@Ripple Prime plans to support Securitize Stocks and explore bringing them into its broader institutional trading ecosystem.
@RQDClearing is supporting the framework connecting onchain trading to established clearing, custody and settlement infrastructure.
We’re glad to have these partners working alongside us, and we look forward to continuing that work as Securitize Stocks develop.
Hutt Capital retweeted
this week in @strobefund portfolio:
- @superformxyz Earn Stocks
- @ethena x @EtherFi white label stablecoin
- @Architect_Fi Liquid Inference
and @Ledger Op3n loading for next week 👀



































