Lingyi iTech HK IPO Hits $1.06B as Crypto Presales 2026 Draw Fresh Capital

Summary

• Lingyi iTech priced a $1.06 billion Hong Kong IPO on June 24 2026 to meet AI demand.
• Multiple vetted crypto presales including rSPAX and USD.AI advanced in June 2026 ahead of potential listings.
• Straiker closed a $64 million Series A on June 29 2026 bringing total funding to $85 million.

Lingyi iTech priced its $1.06 billion Hong Kong IPO on June 24 2026. The Apple supplier used the listing to expand into AI-related components. The same month a shortlist of crypto presales 2026 projects such as rSPAX Kraken SPV and USD.AI collected early commitments from investors.

Equity markets and token presales ran in parallel.

One side stuck to regulated equity. The other tapped token presale formats. Both chased capital before summer cooled off.

Context

June 2026 brought IPOs and crypto raises together. Traditional calendars overlapped with token fundraising windows. ICODA lists spotlighted vetted presales as Lingyi iTech cleared Hong Kong steps.

Interest in AI infrastructure drove the activity.

IPO money targeted AI demand. Presale projects lined up for token launches later. No direct money moved between equity and token markets that month.

Details

Lingyi iTech set the IPO size at $1.06 billion. Reuters coverage on Techmeme carried the number. The company aimed the raise at growth in AI hardware supply chains.

Crypto presales 2026 shortlists spread through industry roundups. Projects like rSPAX Kraken SPV and USD.AI showed up on lists for accredited investors. Those rounds stayed private under their own schedules.

Straiker announced a $64 million Series A on June 29 2026. It pushed total funding to $85 million. Marathon led the round for security tools aimed at autonomous AI agents. The Next Web and Straiker’s blog reported the details.

"Straiker has raised $64mn Series A, led by Marathon, to secure the AI agents flooding into enterprises."

, The Next Web (thenextweb.com)

The AI security round stayed separate from the crypto presale moves. They used different channels for early capital.

Outlook

Lingyi iTech shares start trading on the Hong Kong exchange. Listed presale projects ready their token events. Observers will watch for more IPOs or presale closes before July shifts attention elsewhere.