DXYZ Destiny Tech100 Inc.

A September 2 WallStreetBets thread asked how retail investors could gain Anthropic exposure before an initial public offering and listed Destiny Tech100 among several proxy routes. The interest is understandable, but the social-media claim about Anthropic’s portfolio weight should not be treated as authoritative. Destiny Tech100 Inc. (NYSE:DXYZ) reported net asset value of $34.30 per […]

The red-hot Korean memory-chip maker raised $26.51 billion last week by selling American depositary receipts, which U.S. investors can buy in dollars. The violation of the “Law of One Price” happens when it’s hard for sophisticated traders to profit from such differences and often when many novice investors just piled into the market. The most famous example occurred a week before the tech bubble burst when Palm, the maker of then-popular Palm Pilots, was partially sold by parent 3Com.