Thursday May 28, 2026
From .com to Rocket One: Wall Street’s Endless Rebrand
Wall Street’s hype machine never stops, and somehow, I’m still surprised every time a company contorts itself to chase the trend of the moment.
It started in the late 1990s, when dot-com fever had companies tacking “.com” onto their names. Then in 2017, at the peak of bitcoin and blockchain mania, Long Island Iced Tea Corp rebranded as Long Blockchain Corp. More recently a wave of companies bolted “.AI” onto their names, and Allbirds, my favorite shoe company, became NewBird AI $BIRD. To be fair, that one came with an actual business shift into AI cloud and GPU infrastructure.
Now Hoth Therapeutics $HOTH, a clinical-stage biopharma company that jumped on the crypto bandwagon in 2024 by announcing plans to hold bitcoin as a treasury reserve asset, says it’s changing its name and ticker to Rocket One $RKTO and adding a new focus on the orbital economy and space-based AI systems.
In the words of the late Tom Jackson, “C’mon Man!”
◾ Polymarket weighing KYC for prediction platform (The Information)
◾ Musk: SpaceX only agreed to lease Colossus to Anthropic for 6 months (Reuters)
◾ DTCC to tokenize custodied assets on Stellar blockchain (DTCC)
Government & NGO Actions
◾ SEC moves to vacate $5M settlement with Gemini $GEMI (CFTC)
◾ BIS to test unified ledger for cross-border digital payments with real-value transactions (Bloomberg)
◾ EU satellite rules to let non-European firms bid for spectrum (Bloomberg)
◾ Illinois passes AI safety audit bill (NBC News)
◾ House Armed Services weighing incident and vulnerability reporting requirements for AI systems (Federal News Network)
◾ House looks to merge Space Development Agency, Space Rapid Capabilities Office (SpaceNews)
◾ South Korea charges 5 in crypto scam, first use of Virtual Asset User Protection Act (Decrypt)
◾ China’s Supreme Court drafting guidelines for AI cases, data property rights (Yicai)
Financial Notices & Public Company Releases
◾ Hoth Therapeutics $HOTH rebrands to Rocket One $RKTO (PR Newswire)
◾ Rumble $RUM extends Northern Data exchange offer to June 1 (GlobeNewswire)
◾ WhiteFiber $WYFI enters $100M loan facility with Bit Digital $BTBT subsidiary (PR Newswire)
◾ Genius Group $GNS expands treasury strategy from bitcoin to AI with AGI portfolio launch (GlobeNewswire)
◾ Blockchain Venture Capital $BVCI issues 608K common shares (Newsfile)
◾ DeFi Development $DFDV redomiciles in Nevada (Protos)
Restructuring, Hacks, Losses & Legal Updates
◾ $GOOGL employee charged over $1.2M insider-trading gain on Polymarket (CNBC)
Crypto Protocols, Applications & Business News
◾ Robinhood $HOOD to launch AI stock trading (Bloomberg)
◾ Mastercard $MA granted NY BitLicense (Mastercard)
◾ Cash App to let users send USDC across blockchains (The Block)
◾ Aztec Labs acquires ZKPassport ID protocol (Aztec Labs)
◾ Nium to add Circle $CRCL USDC settlement for global payouts (Circle)
◾ Fold $FLD rolling out bitcoin rewards credit card (GlobeNewswire)
◾ bitcoin difficulty forecast to rise 1.3% tomorrow morning (Newhedge)
◾ HTX denies UK allegations of aiding Russia (HTX)
◾ Kraken launches BTC-yielding vault (Kraken)
◾ $SOFI issues first stablecoin by a US national bank on a banking platform (SoFi)
◾ Sella first Italian bank approved under EU MiCA framework (Sella)
AI Models, Applications & Developments
◾ ByteDance developing custom CPU chips to support AI needs (Reuters)
◾ Mistral CEO tells Pope: Europe must be able to defend itself with AI (Reuters)
◾ $META to offer AI chatbot subscriptions (Bloomberg)
◾ Mistral may design own AI chips (CNBC)
◾ $META weighing own cloud computing business (CNBC)
◾ Nvidia $NVDA plans $150B a year on Taiwanese AI infrastructure (Reuters)
◾ OpenAI commits $250M for AI disruptions (Reuters)
◾ OpenAI to license election data from Associated Press (Variety)
◾ Fujitsu signs strategic partnership with Anthropic for Japan (Fujitsu)
◾ $META launches enterprise push for business AI (The Information)
◾ Figure.ai to deploy humanoid robots to Catalyst Brands (Brett Adcock)
The Attention Economy, Gaming & Interactive Shifts
◾ YouTube to auto-label AI content (YouTube)
◾ Amazon MGM green-lights animated series under AI fund (Variety)
◾ Epic Games teases Unreal 6 Rocket League (YouTube)
Space Systems, Satellites & Cosmic Activity
◾ FAA orders mishap investigation into Starship Flight 12 (FAA)
◾ Spire Global $SPIR joins Germany’s Schaeffler to develop European space hardware platforms (Reuters)
◾ South Korea’s Hanwha sweetens Canadian submarine bid with space launch tech (Bloomberg)