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BlackRock and JP Morgan have taken a significant step toward putting traditional finance on the blockchain. BlackRock's three hundred eleven billion dollar European money market platform is now issuing tokens on Ethereum through JP Morgan's Kinexys network, though access remains limited to professional investors for now. It's a quiet but consequential signal that institutional finance is treating tokenization less like a experiment and more like infrastructure.
Meanwhile, the OpenAI and Apple legal dispute is spilling well beyond the courtroom. OpenAI published a pointed blog post calling Apple's lawsuit, quote, careless, aggressive, and oddly personal, and backed that up by releasing what it describes as documentary evidence contradicting Apple's account of events. When a company starts litigating in public like this, it usually means the stakes are high enough that the court of opinion matters as much as the court of law.
And in a deal that tells a quiet story about the limits of the no-code boom, Bending Spoons is acquiring Airtable for one point two eight billion dollars. That's a steep fall from the eleven billion dollar valuation Airtable commanded at its peak in two thousand twenty one. Bending Spoons has a track record of buying software with loyal users and trimming aggressively, so watch this space.
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