![[3 Reads] OpenAI's $11B Round / JGB Tokenization / AI Stocks, BTC Slide + take](https://img.paragraph.com/cdn-cgi/image/width=1200,height=630,quality=90,format=webp/https://storage.googleapis.com/papyrus_images/7c50751bddd0cad55cd9058b4a207915bbca264aab2c4a20f9f64a47094444f0.png)
Today's 3 Reads
OpenAI Raises $11 Billion at $1.25 Trillion Valuation
OpenAI completed a new $11 billion funding round, a person familiar with the matter said on November 6. According to Atarashii Keizai, SoftBank and MGX took part in the round. The deal valued the company at $1.25 trillion, below its initial target. Source: https://www.neweconomy.jp/posts/624981
Progmat and Digital Asset Sign MOU to Tokenize Japanese Government Bonds
Progmat and U.S.-based Digital Asset Holdings signed a memorandum of understanding for a strategic collaboration to move trading and settlement of real-world assets, including Japanese government bonds, onchain. According to Atarashii Keizai, the two companies aim to link with Japan's book-entry transfer system to enable 24/7 settlement. The partnership targets tokenization of Japanese government bonds on the Canton network. Source: https://www.neweconomy.jp/posts/625036
Bitcoin Slides Under $76K as AI Stocks Crater After Midterms
Chipmaker earnings and Tuesday's Democratic sweep in the midterms sent AI stocks tumbling. According to Bankless, more than $1 billion in crypto leverage went down with them. Bitcoin slid under $76,000 in the selloff. Source: https://www.bankless.com/read/news/bitcoin-slides-under-76k-as-ai-stocks-crater-after-midterms
On-Chain Data
Ethereum chain TVL: $41.45B [Source: DefiLlama] (as of Nov 09, 2026 19:30 JST) TVL describes the value of assets deposited on a chain. It should be distinguished from game user counts or revenue.
Take
OpenAI's massive funding round and Japan's push to tokenize government bonds both point to expanding real-world demand for AI and Web3 infrastructure. But the same week showed how tightly AI and crypto money are now linked: a slump in AI stocks dragged Bitcoin and over $1 billion in leveraged crypto positions down with it. AI hype and crypto markets no longer move independently—they rise and fall together, almost in real time.
Free 5-minute daily: Gofun Daily EN → https://gofun-daily-en.beehiiv.com