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u/DustInside6861

🔥 Hot ▲ 346 r/investing

3 Mega-IPOs Could Dump $3 Trillion in Overvalued Tech Onto Public Markets

Source: https://beincrypto.com/spacex-openai-anthropic-ipo-wave/

SpaceX ($1.75T), OpenAI (~$1T), and Anthropic (~$380B) are all targeting listings within months of each other, a combined $3 trillion hitting public markets in a single cycle.

The structural problem: at standard 15% float, these three would need to raise $432-576 billion from public markets in one quarter. The entire US IPO market raised $469 billion across all of 2016-2025 combined.

OpenAI is projected to lose $14 billion in 2026 alone and isn't expected to break even until 2029-2030. Its own CFO has reportedly warned colleagues the company isn't ready to go public. SpaceX filed first and will absorb the most liquidity whoever follows faces less capital and more scrutiny. The real question isn't whether these are great companies. It's whether retail investors are getting a fair entry price or serving as exit liquidity for VCs and early backers.

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u/DustInside6861 — 4 hours ago
🔥 Hot ▲ 96 r/investing

Charles Schwab to Enter the Crypto Trading Space By June 2026

Source: https://beincrypto.com/charles-schwab-moves-into-crypto-trading/

Schwab confirmed it's on track to launch spot Bitcoin and Ethereum trading in the first half of 2026 through a new "Schwab Crypto" account via Charles Schwab Premier Bank.

The rollout starts with internal employee testing before a limited customer release, then full expansion to Schwab.com and the Thinkorswim platform. Schwab wants clients managing crypto alongside stocks, bonds, and retirement accounts in one place, removing the need for standalone exchanges. With $11.9 trillion in client assets and 46 million customers, even a small conversion rate represents a massive inflow into crypto markets.

Morgan Stanley is doing the same through E*TRADE with plans to add BTC, ETH, and SOL. CEO Rick Wurster says roughly one-third of new Schwab retail accounts now come from customers under 28 and that demographic is driving the demand.

Does this hurt Coinbase and Robinhood, or does it just expand the overall pie?

u/DustInside6861 — 3 days ago
🔥 Hot ▲ 50 r/investing

Washington Just Handed Coinbase a Federal Banking License

Coinbase just received conditional approval from the OCC for a national trust bank charter, the first major crypto exchange to reach this milestone at the federal level. This is different from its existing New York state charter.

A federal charter means Coinbase can operate as a federally regulated custodian nationwide, bypassing the patchwork of 50 state licensing requirements. It also opens the door to new products beyond custody, payments, stablecoins, and tokenized securities. Coinbase is already custodian for over 80% of the world's digital asset ETFs, but its VP of Institutional Product says there are major asset managers and hedge funds that have been waiting specifically for this federal designation before trusting Coinbase with their assets.

Conditional approval still requires passing a pre-opening OCC exam, adopting bylaws, and establishing payment rails before full charter is granted. Morgan Stanley, Citadel's EDX Markets, and World Liberty Financial are all in the same queue.

Source: https://beincrypto.com/coinbase-occ-conditional-approval-federal-trust/

u/DustInside6861 — 5 days ago