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Luxor Raises $16M for AI Expansion

Luxor has raised $16 million to expand its AI business. BlackRock, SBI, and Startale are joining forces to link tokenized money market funds with Japanese yen stablecoins. Mochatrade, backed by Y Combinator, has raised $5.5 million to offer US stock perpetuals to Indian traders. Phantom has launched Kalshi prediction markets to US users.

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