Millennium Management is rapidly moving into the top tier of hedge funds. According to Sina Finance, people familiar with the matter said the firm’s assets have reached $97 billion, more than double the level it managed six years ago. The move toward the $100 billion mark would put Izzy Englander’s firm ahead of most major rivals, even as those rivals also manage record sums, and would place it among a very small group in the industry. The company is set to complete $22 billion in new fundraising commitments on October 1, with $2 billion to be funded that day and the rest to be paid over four years. It has also said it plans to raise another $3 billion for a less liquid credit fund. According to Sina Finance, Millennium has said its total assets could exceed $130 billion in the coming years, given that it typically generates at least a 10% annual return. AQR Capital Management has surpassed $140 billion in hedge fund assets this year, while DE Shaw & Co. currently manages about $90 billion. Another six firms now manage more than $75 billion, the first time so many have crossed that threshold. Wendy Li, co-founder of Ivy Invest, said some institutional investors are increasingly worried that more money concentrated in a few firms could create systemic risk for the financial system. Li said these funds often use similar strategies and tend to sell at the same time during periods of market turbulence. Millennium and other firms now cluster around the $100 billion level, underscoring how much the industry has changed over the past several decades. Thirty years ago, it was common for star portfolio managers to run small teams making a few high-risk bets, but managing more than $20 billion proved unlikely. Even Julian Robertson and George Soros, once among the world’s largest hedge fund managers, could not sustain such large-scale risky trading.

Coinglass data shows that if BTC breaks above $82,874, cumulative short liquidations across major centralized exchanges would reach $1.356 billion. According to ChainCatcher, if BTC falls below $75,576, cumulative long liquidations across major centralized exchanges would reach $1.132 billion.

Australia’s consumer confidence fell back toward deeply pessimistic territory in September as households worried the Reserve Bank of Australia may resume raising interest rates and as fuel costs rose, according to Bloomberg.

According to The Korea Herald, Seoul shares opened higher Tuesday, led by semiconductor stocks, as escalating tensions in the Middle East pushed up oil prices. The benchmark Korea Composite Stock Price Index rose 54.51 points, or 0.78 percent, to 7,049.90 at 9:15 a.m. after opening 0.72 percent higher. The index had jumped more than 4 percent in the previous session on a rally in tech stocks, driven by revived hopes for artificial intelligence-related earnings momentum.

Rui Feng Green Energy AI Computing (00527) said it received a conversion notice from Great Praise Investment SPC-Growth Engine Fund SP, an independent portfolio set up by Great Praise Investment SPC, according to ETNet. The holder exercised conversion rights on HK$98 million of convertible bonds at HK$0.196 per share, and the company issued 500 million conversion shares. The new shares account for about 20.54% of the enlarged share capital, making the fund the single largest shareholder. Executive Director and Chief Executive Zhang Zhixiang, together with independent non-executive directors Jiang Senlin and Qu Weidong, saw their combined stake diluted from 11.53% to 9.16%. Atlantis New Hong Kong Equity Fund Limited's holding was diluted from 6.17% to 4.9%.

Data compiled from HKEX Disclosure Easy's Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect shareholding records showed that on the previous day, with holding date September 7, 2026, the largest increase in holdings was in Southern Hang Seng Tech (3033), which rose by 115 million shares, while the biggest reduction was in BRILLIANCE CHI (1114), which fell by 26.926 million shares, according to Ming Pao.

Long.xyz said tokenized stock trading volume on the Robinhood Chain has surpassed $1 billion, marking a new milestone. According to ChainCatcher, since the Robinhood Chain launched, it has accounted for 15% of total tokenized stock DEX trading volume. Long.xyz also said that although the Robinhood Chain's TVL has increased tenfold, Long.xyz still represents 10% of the chain's total tokenized stock TVL.

The probability of a Federal Reserve rate hike in September has risen to approximately 60%. UBS released an investment strategy, advising investors to take advantage of market volatility to buy stocks on dips, capitalize on opportunities arising from rising medium- to long-term bond yields, and establish hedging positions when gold prices pull back.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3175, providing you with the latest and fastest news on the digital currency and blockchain industry.

While AMC and Robinhood are still locked in a war of words, Solana has already replicated this "crypto-stock pairing" strategy.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Cryptocurrency-equity trading has begun to have a significant impact on the prices of US stocks in the real market, and this impact means that the traditional forces that hold pricing power in the secondary market are beginning to be eroded and weakened.

Robinhood, Robinhood's collection of useful tools: one-stop solution for trading, monitoring, and analysis. Golden Finance: How to effectively utilize these tools to find the next on-chain alpha?

The three Meme coins, priced as tokenized stocks, illustrate who truly controls a short squeeze.

The joint venture between two major public blockchains sparked a war of words, with high gas consumption triggering controversy over the business model of public blockchains.

Butterflies, coffee, socks, and the number 4—who can define the Meme form of the next generation of BNB Chain?

OpenAI, the artificial intelligence company that "created" AGI, is now putting on the brakes? Is it fact or marketing? A very divisive picture has emerged in the AI ​​world, according to Jinse Finance.