This week overview (May 4 - May 8, 2026): - Bullish has agreed to acquire Equiniti from Siris in a $4.2 billion transaction. - A16z’s new $2.2 billion crypto fund reflects growing conviction. - Bitwise is entering the tokenized fund market through the acquisition of Superstate’s onchain arbitrage fund. - Moonshot AI’s $2 billion raise at a $20 billion valuation shows accelerating investor demand for lower-cost, open-weight AI models.

This week overview: Franklin Templeton is expanding its crypto footprint with the acquisition of 250 Digital, Venture capital hit an all-time high in Q1 2026, with $300 billion deployed, 80% of it into AI frontier labs, Google warned that quantum computers could break existing encryption by 2029.