PA Daily | ZhiPingSquare completes a new financing round of nearly RMB 5 billion at a valuation of over RMB 20 billion; Samsung announces a KRW 265.5 trillion investment plan
Summary
This news roundup highlights several crypto and AI-related developments, but the main software industry signal is the funding round for ZhiPingSquare. The company raised nearly 5 billion yuan at a valuation above 20 billion yuan, and it plans to accelerate product iteration and mass production of its embodied intelligence platform. The roundup also notes Samsung’s massive investment plan and several semiconductor and AI infrastructure moves, which reinforce broader demand in the AI ecosystem. Loopring’s DEX shutdown and Coinbase’s AI cost-cutting efforts show how software companies are adjusting products and operations in response to adoption and efficiency pressures.
Funding
Amount
$700.0M
Total raised
Date
June 29, 2026
Announcement date
Investors
-
Lead investors
Company
-
Funded company
Classifications
industries
Fintech & Banking
applications
Project Management
AskAI Classifications
Labels
Cryptocurrency Exchange
Financial Technology
Trading Software
Linked Companies
BitMEX
$1M to $5M