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Trump family’s World Liberty Financial token launches, currently at $26B market cap

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Top stories today:

  1. Trump family’s World Liberty Financial token launches
  2. Revolut kicks off secondary share sale at $75B valuation
  3. Tariff confusion deepens after court ruling
  4. Tencent releases open-weight translation models for 33 languages
  5. Meta weighs partnering with Google, OpenAI to boost AI in apps

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. Trump family’s World Liberty Financial token launches, currently at $26B market cap

Summer camp is all about making new friends, learning new skills, and having a great time. This time, Auth0 is bringing camp to you! Swap the campfire songs for startup demos and the ghost stories for an expert AI panel, and you get… Camp AI: SaaS, Startups, and Scale presented by Auth0, AWS, GitHub, and Vercel.

Meet us in San Francisco on September 18, 2025, for an evening packed with:

  • Startup demos by Acuvity AI, Traversaal AI, CircleCI, and CodeAnt AI

  • A panel discussion with AI GTM experts at Auth0, GitHub, AWS, and Vercel, sharing insights on how to build and secure the AI tools you may be working on

  • Networking with peers and the SF AI community

Are you ready for Camp AI?

3. Revolut kicks off secondary share sale at $75B valuation

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