Cronos, the blockchain ecosystem associated with Crypto.com, is renaming its trading app to Ult and plans a global iOS and Android rollout on September 17, expanding into prediction markets, perpetuals and tokenized assets. CEO Ryan Wyatt said the shift is meant to give users and developers clearer direction and put greater emphasis on products that create value for CRO. Cronos Labs has proposed using 100% of revenue from Ult and Cronos Launch to buy CRO on the open market and burn it, while funding operating and growth costs from existing capital.

Anthropic CEO Dario Amodei has publicly called for slowing the pace of frontier AI capability gains ahead of the company’s IPO, arguing that risk prevention should take priority over unchecked progress. He said he believes the chance of a catastrophic AI event within the next decade is greater than 10%, and warned that swarms of AI agents could take control of the internet within the next 6 to 12 months. Anthropic is expected to go public next month, targeting a valuation of up to $2 trillion.

Robinhood cofounder and CEO Vlad Tenev argues that a listed company cannot prevent a third party from issuing a token linked to its publicly traded shares, provided the token does not change shareholder rights or create new obligations for the issuer. Market data he highlighted show tokenized-stock DEX volume reached $4.3 billion last week, with Robinhood holding a 66.3% share. Analysts tracking a $165 HOOD price target cite the Stock Token catalog as the key growth driver. Robinhood chief legal officer Dan Gallagher said the firm will take its dispute involving AMC to the SEC for a decision, while transfer agent groups have asked the regulator to limit any relief to issuer-sponsored tokens.

The U.S. Labor Department reported the Producer Price Index rose 5.4% year over year, slightly above the 5.3% consensus, while core PPI returned to positive growth on a monthly basis. After the release, expectations for another Federal Reserve rate hike strengthened, with the implied probability rising to 74%. Bitcoin fell about 2.7% to $77,300, Ethereum dropped about 2.1% to $2,450, and XRP slid about 3.9% to $1.37.

Prediction market Kalshi has filed with the U.S. Commodity Futures Trading Commission to self-certify perpetual futures tied to gold and silver, aiming to list them on September 9. The contracts would have no expiry date and are slated to trade 24/7 with no scheduled market closures. Kalshi had previously asked the CFTC to review precious-metals perpetuals under a slower regulatory approval process. The move extends Kalshi’s perpetuals lineup beyond crypto into traditional precious metals.

SpaceX completed an unlock of 319 million shares on September 9. Another 59 million shares are expected to be released on September 10. The market is watching how the total $56.3 billion unlock could affect the stock price. Earlier in August, more than 900 million shares were unlocked in batches.

Hyperliquid Strategies expanded its Chardan committed equity facility to $2.5 billion from $1.0 billion, adding $1.5 billion of potential fundraising capacity. The company has already drawn $646.6 million and used it to buy 29.3 million HYPE tokens, while also completing PURR buybacks. Through June 30, 2026, it had issued roughly 76.06 million PURR shares under the original facility.

Regulatory filings dated Aug. 27–28 list ProShares Trust’s ProShares XRP ETF and ProShares Ultra XRP ETF (UXRP) as registered fund series. A separate amended filing from Morningstar Funds Trust again references the Cyber Hornet S&P 500 & XRP 75/25 Strategy ETF. The documents place XRP-linked products alongside other crypto offerings such as Ultra Solana and the CoinDesk 20 Crypto ETF, with an expense ratio of 1.67% and assets in the roughly $40 million to $55 million range, according to the filings.

Hyperliquid’s HYPE token rose 5.09% over the past 24 hours to $85.33, while Hyperliquid Strategies (PURR) shares gained 19.64% to $13.83. The company raised about $646.6 million through equity financing in the fiscal year ended June 30, issuing PURR at an average price of $8.70. By August 19, it had deployed roughly $773.4 million to buy HYPE tokens and repurchase shares, including about 16.5 million HYPE bought at an average price of $46.77.