“I just want to go the distance”… After plunging over 15% by April 8 (its fourth-worst start ever) the S&P 500 surged roughly 38% rebounding to its current 17% gain, and logged 38 record highs – one of the most dramatic intra-year market comebacks on record. [40 bonus points if you can identify the quote]

If it walks like a duck… Coinbase sued gaming regulators in Connecticut, Michigan, and Illinois to stop efforts to label its Kalshi-powered prediction markets as illegal gambling, arguing they fall under federal commodities law, not state betting laws.

Don’t worry, it’s just a scrape… Spotify was scraped for roughly 300 terabytes of data by a pirate activist group, covering metadata for nearly all tracks and over 99% of listened-to songs.

Astonishing… 30 firms raised about 75% of all VC capital, while emerging managers’ fundraising collapsed from $64 billion in 2021 to $10 billion in 2025, an 84% decline.

“I’m in Saks Fifth, used to shop at Sears”… One year after merging Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, Saks Global is weighing Chapter 11, amid plunging sales, vendor strains, and a looming $100 million debt payment.

Let’s not get physical??? US physical video game software and console hardware sales fell to their weakest levels in decades, reflecting higher prices and a consumer shift toward digital downloads, subscriptions, and mobile gaming rather than boxed games.

“There is no saint without a past, no sinner without a future”… Binance, the world’s largest cryptocurrency exchange enabling users to trade digital assets, custody crypto, and access derivatives and blockchain services, is once again under intense regulatory scrutiny over compliance, AML controls, and governance practices.

Oh boy, does Castle Placement love this!!! Non-QM (non-qualified mortgage) loans, which fall outside CFPB agency underwriting rules and allow flexible income and documentation for self-employed or non-traditional borrowers, reached $80 billion in issuance this year vs. $50 billion last year, 60% YOY growth.

“Come as you are, as you were, as I want you to be”… OpenAI expects to exit 2025 above $20 billion in annualized revenue and has secured $1.4 trillion in long-term data-center commitments, signaling an AI infrastructure buildout unprecedented in modern tech.

#investmentbanking #technology #corporatecurrency #homecrowdadvantage #privateequity #venturecapital #castleplacement #cpgoapp

CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement
1460 Broadway Street
New York, New York 10036
(212) 418-1180
kmargolis@castleplacement.com

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