（来源：吴说） 吴说获悉，据 DefiLlama 数据，2026 年 1 月加密领域 VC 融资总额约 14 亿美元，同比增长约 14%。尽 管融资事件数量从去年同期的 85 起降至 60 起，但单笔规模明显扩大，显示资金正向更少但更大的项目 集中。 从方向看，机构级基础设施成为最受青睐赛道，稳定币、支付、托管及交易基础设施吸引大量资金。传 统金融机构如 BNY Mellon、Fidelity、Citadel Securities、Bain Capital 等显著加码，同时 Frontier VC 与 加密原生资金亦积极参与。受美国监管环境逐步明朗影响，投资重心明显向美国本土项目倾斜。 ...

Investment Trends - Venture investors invested $1.4 billion into crypto companies in January 2026, a 14% increase from January 2025, despite a decrease in the number of funding events from 85 to 60, indicating larger investments in fewer companies [1] - The focus of venture capital is shifting towards American startups as regulations become clearer, with a notable resilience in US markets attributed to the rise of AI tools [3] Key Investors - Prominent investors in January include traditional Wall Street institutions such as BNY Mellon, Fidelity, Citadel Securities, and Bain Capital, alongside frontier VCs like Maelstrom Fund, Lightspeed, Paradigm, and YZi Labs [2] Major Fundraising Events - Rain secured $250 million in a Series B round led by Iconiq Capital, focusing on providing financial infrastructure for crypto businesses [5][6] - BitGo raised $212.8 million in an IPO, marking a significant milestone for crypto infrastructure companies, with shares sold at $18 each [7][8] - LMAX Group raised $150 million in a strategic investment led by Ripple, enhancing its execution-only trading venues [9]

Bain Capital and Blackstone are among private equity firms in the next round of bidding for Vitabiotics , the UK vitamin company led by ex-Dragons’ Den investor Tej Lalvani https://t.co/pWq3J940wF ...

Company Leadership Change - Kioxia Holdings Corp. is promoting Hiroo Oota to CEO and president, succeeding Nobuo Hayasaka, who will become a senior executive adviser [1] - The leadership change is aimed at expanding Kioxia's presence in the growing memory chip market [1] Market Context - Kioxia has benefited from increased demand and prices for memory chips due to an AI infrastructure building spree [4] - The company's high-performance storage solutions, such as NAND and solid-state drives, are becoming essential for data centers [4] Shareholder and Investor Relations - Kioxia's shares have increased more than twelvefold since their IPO at the end of 2024, with a 1.6% rise following the leadership announcement [3] - Oota emphasized the importance of strengthening communications with stakeholders and maintaining the relationship with Bain Capital, which holds 44% of the company's shares [3][5] Strategic Focus - Oota highlighted the need for high capacity, reliability, performance, and power efficiency in memory solutions to meet the demands of generative AI [5] - The company is committed to enhancing its flash memory and SSD portfolios by improving performance and reducing power consumption, rather than just increasing capacity [5]

Bitcoin Market Dynamics - The 1-year+ holding wave of Bitcoin indicates that long-term holders are distributing their coins, consistent with historical patterns observed in post-halving years [1] - Investor expectations significantly drive Bitcoin's value, making its price highly reflexive and reinforcing the four-year cycle pattern, which has historically led to price peaks in Q4 of post-halving years [3][4] - The introduction of spot Bitcoin ETFs and increased institutional investment is changing the demand structure, providing a more stable bid for Bitcoin compared to retail-driven flows [5] 2026 Market Outlook - The outlook for 2026 suggests that while it may not resemble a traditional bear market, heightened volatility and range-bound trading are expected due to structural support from institutional capital [8] - The four-year cycle expectation continues to influence market timing and sentiment, despite the evolving market conditions [8] Ethereum's Evolution - Ethereum has solidified its position as a dominant platform for decentralized finance and tokenization, but its monetary narrative as "Ultra-Sound Money" has weakened due to reduced transaction fees and inflationary supply dynamics [10][12] - The divergence between Ethereum's strength as a network and ETH's performance as an asset raises questions about its current narrative, with two emerging perspectives: "Digital Oil" and "Yield-bearing productive asset" [13][17] Layer-1 Blockchain Competition - The Layer 1 blockchain market has become increasingly competitive, with new entrants optimizing for compliance and performance, while Ethereum maintains advantages in decentralization and developer ecosystem [18][19] - The economic value of Layer 1 blockspace is trending toward its marginal cost of operation, reflecting a highly competitive environment [20][25] Privacy Coins Resurgence - Privacy coins like Zcash and Monero have seen a resurgence, driven by ongoing demand for privacy amid increasing regulatory scrutiny in the crypto space [26][30] - Zcash is positioned favorably due to its opt-in privacy model and compatibility with regulatory requirements, unlike Monero, which faces greater scrutiny [28][30] Perpetual DEX Growth - The Perp DEX sector has experienced significant growth, with weekly volumes increasing from $81 billion in 2024 to $314.7 billion in 2025, attracting institutional interest [36] - Despite rapid expansion, the capital base of Perp DEXs remains shallow, with a leverage ratio of approximately 2.0x, indicating limited risk absorption capacity [37] Prediction Markets Development - Prediction markets have transitioned from fringe experiments to significant components of financial infrastructure, with platforms like Polymarket demonstrating superior accuracy compared to traditional polling methods [48][49] - The sector is expected to mature further in 2026, with increasing institutional interest and the development of solutions to address existing structural challenges [52]

Bob’s Discount Furniture, a home furnishings retailer backed by Bain Capital, is seeking to raise as much as $370 million in a US IPO https://t.co/RYlXKcAD4t ...

EcoCeres, a Bain Capital-backed sustainable fuel maker, is considering expanding its sustainable aviation fuel footprint https://t.co/2CpqEM8jZE ...

Nestlé is reportedly making headway with a process to sell a stake in its water business. People familiar with the issue told Bloomberg yesterday (22 January) the food and drink major was asking potential buyers to put forward first-round bids for the shareholding this month. The San Pellegrino and Acqua Panna water producer declined to comment on the story when approached by Just Drinks. Reports from Bloomberg in March suggested private-equity players including Blackstone, KKR, Bain Capital, Clayton D ...

Core Insights - Fattal Hotel Group has acquired Cora Resort and Spa, a five-star, 181-room property in Greece, from Bain Capital, reflecting a strong investor interest in well-located hospitality assets [1][4] - The acquisition follows a €24 million ($28 million) refurbishment program aimed at repositioning the property as a premium destination [1] - Fattal Hotels operates over 320 hotels across more than 120 destinations globally, indicating a significant presence in the hospitality sector [2] Investment and Management - Bain Capital's Special Situations team managed the investment, which included asset origination, redevelopment, operational oversight, and exit strategies [1] - The hotel features multiple restaurants, bars, and a dedicated wellness center, enhancing its appeal as a luxury destination [2] - Active operational management post-opening in July 2023, including a management transition in 2024, has led to improved performance [2][3] Market Trends - The sale of Cora Resort highlights sustained investor appetite for high-quality hospitality assets in attractive leisure markets like Greece [4] - Fattal Hotels' M&A managing directors emphasized the exceptional performance of Greece and the Mediterranean region, marking it as a strategic priority for expansion [4] - Bain Capital's investment in the European hospitality sector, including a recent investment in French boutique hotel group Les Hôtels de Paris, indicates a broader strategy to capitalize on growth opportunities in this market [5]

Group 1 - The Coca-Cola Company has abandoned its plans to sell Costa Coffee after receiving lower-than-expected private equity bids [2][3] - The auction process for Costa Coffee, which had been ongoing for several months, was effectively shut down in December [3] - Coca-Cola was aiming for approximately £2 billion for Costa, a significant reduction from the £3.9 billion it paid in 2018 [4] Group 2 - The decision to pause the sale comes at a critical time as Coca-Cola's COO, Henrique Braun, is expected to succeed James Quincey as CEO in March [4] - Quincey previously indicated that Costa had "not delivered" for Coca-Cola, raising concerns about the brand's value on the company's books [5] - Costa has faced challenges in certain markets, including a £48.6 million impairment related to its operations in China due to weaker demand [5]