Citadel Acquires AI Guru Fund Assets as Polymarket Shifts to TWAP

Citadel absorbs distressed AI fund portfolio while Polymarket transitions to TWAP settlement with liquidity incentives, signaling institutional risk-off.

Woofun AI reports that Citadel has acquired the majority of the stock portfolio from a fund managed by the "AI stock guru," which is liquidating positions following significant losses.

Concurrently, Multicoin Capital holds a long position in Robinhood (HOOD), marking it as the firm's largest equity holding. Quantum Solutions, the largest ETH holder among Japanese listed companies, sold 1,000 ETH to fund its AI infrastructure business. Polymarket announced that its crypto up/down market settlement will switch to TWAP, accompanied by $1 million in liquidity rewards for August. JPMorgan stated that the probability of the Clarity Act passing this year has declined, casting a negative outlook on the crypto market.

Arthur Hayes noted that Federal Reserve policy creates upside potential for DeFi projects with proven product-market fit, while a Dragonfly partner suggested the current AI boom relies on crypto industry development. Bloomberg ETF analysts observed that bonds have recently failed to hedge stock declines, leading to increased inflows into money market funds and buffer ETFs. The New York State pension fund retains $29.8 million in Strategy stock after selling $1.06 million in MSTR.