Tootfinder

Let me give you some sense of how staggeringly large and complex the capital markets have become.
If we go back ten years ago, there were about 1700 mutual funds with about $700 billion in assets.
Today, we have about 7,000 mutual funds with $3 trillion worth of assets.
There are so many funds and so many stocks and so many bonds and so many warrants and so many options,
it's such a dizzying universe of choice for people that, inevitably,
they're attr…

Thoma Bravo agrees to acquire a stake in Chicago-based capital markets industry SaaS provider Trading Technologies, sources say in a deal valued at over $1B (Bloomberg)
https://www.bloomberg.com/news/articles/2025-07-30/thoma-brav…

Bubble, Bubble, AI's Rumble: Why Global Financial Regulatory Incident Reporting is Our Shield Against Systemic Stumbles
Anchal Gupta, Gleb Pappyshev, James T Kwok
https://arxiv.org/abs/2509.26150

Bubble, Bubble, AI's Rumble: Why Global Financial Regulatory Incident Reporting is Our Shield Against Systemic Stumbles
"Double, double toil and trouble; Fire burn and cauldron bubble." As Shakespeare's witches foretold chaos through cryptic prophecies, modern capital markets grapple with systemic risks concealed by opaque AI systems. According to IMF, the August 5, 2024, plunge in Japanese and U.S. equities can be linked to algorithmic trading yet ab-sent from existing AI incidents database exemplifies this transparency crisis. Current AI incident databases, reliant on crowdsourcing or news scraping, systematic…

Alibaba, Tencent, and Baidu have raised $5B via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B (Bloomberg)
https://www.bloomberg.com/news/articles/2025-09-17…

China’s AI Funding Spree: Why Alibaba, Baidu Are Tapping Bond Markets
Companies in China’s technology sector have been raising billions in capital to advance their artificial intelligence capabilities and other digital infrastructure.

Order Book Filtration and Directional Signal Extraction at High Frequency
Aditya Nittur Anantha, Shashi Jain, Prithwish Maiti
https://arxiv.org/abs/2507.22712 https://

Order Book Filtration and Directional Signal Extraction at High Frequency
With the advent of electronic capital markets and algorithmic trading agents, the number of events in tick-by-tick market data has exploded. A large fraction of these orders is transient. Their ephemeral character degrades the informativeness of directional alphas derived from the limit order book (LOB) state. We investigate whether directional signals such as order book imbalance (OBI) can be improved by structurally filtering high-frequency LOB data. Three real-time, observable filtration sch…

Analysis: YC picked just four Indian startups in 2024 vs. 66 in 2021, amid a growing trend of startups shifting their parent entities to India for domestic IPOs (The Economic Times)
https://economictimes.…

From 66 to 4: Why Y Combinator backed fewer Indian startups in 2024
Y Combinator's selection of Indian startups has decreased significantly. This decline is attributed to factors like YC's US incorporation requirement and the rise of domestic IPOs. Indian startups are shifting focus to local funding options. They find domestic markets favorable for listing. YC is also prioritizing AI-focused startups. This shift impacts Indian participation. Domestic capital is growing with regulatory support.

Portfolio optimization in incomplete markets and price constraints determined by maximum entropy in the mean
Argimiro Arratia, Henryk Gzyl
https://arxiv.org/abs/2507.07053

Portfolio optimization in incomplete markets and price constraints determined by maximum entropy in the mean
A solution to a portfolio optimization problem is always conditioned by constraints on the initial capital and the price of the available market assets. If a risk neutral measure is known, then the price of each asset is the discounted expected value of the asset's price under this measure. But if the market is incomplete, the risk neutral measure is not unique, and there is a range of possible prices for each asset, which can be identified with bid-ask ranges. We present in this paper an effec…

Training for Obsolescence? The AI-Driven Education Trap
Andrew J. Peterson
https://arxiv.org/abs/2508.19625 https://arxiv.org/pdf/2508.19625

Training for Obsolescence? The AI-Driven Education Trap
Artificial intelligence simultaneously transforms human capital production in schools and its demand in labor markets. Analyzing these effects in isolation can lead to a significant misallocation of educational resources. We model an educational planner whose decision to adopt AI is driven by its teaching productivity, failing to internalize AI's future wage-suppressing effect on those same skills. Our core assumption, motivated by a pilot survey, is that there is a positive correlation between…

Australia-based Morse Micro, which develops ultra-low power Wi-Fi HaLow chips, raised a ~$38M Series C, bringing its total raised to ~$125M (ComputerWeekly.com)
https://www.computerweekly.com/news/366631616/Morse-Micro-secures-59m-fun…

Morse Micro secures $59m funding to lead the next era of IoT
Fresh capital to accelerate Morse Micro’s expansion into international markets, scale production of its Wi-Fi HaLow chips and support the ecosystem shift toward IoT 2.0, characterised by high-throughput, long-range, scalable connectivity

Bullish says it has received all $1.15B in capital raised from its IPO in stablecoins, including USDC, USDG, and PYUSD, marking a first for US public markets (Krisztian Sandor/CoinDesk)
https://www.coindesk.com/business/2025/08/

Crypto Platform Bullish (BLSH) Takes IPO Proceeds in USDC, Ripple USD and Other Stablecoins
Most of the proceeds were settled on Solana and predominantly in Circle's USDC token.