Public Benefit Corporation

Anthropic sets out equity commitment for public benefit fund
Public Benefit Corporation

Anthropic sets out equity commitment for public benefit fund

Anthropic says it will commit 5% of its shares to a new public benefit fund, with additional equity tied to future value growth, subject to approval.

dYdX Transitions to Public Benefit Corporation
Public Benefit Corporation

dYdX Transitions to Public Benefit Corporation

dYdX Trading Inc. has updated its charter to become a Public Benefit Corporation on 17 October 2023, as announced by its founder, Antonio. This move aims at aligning the company more closely with the web3 community, promoting global economic and technological advancement through open-source and decentralized crypto asset exchanges. This transition, a first of its kind in the DeFi sector, enables dYdX to balance shareholder value with public benefit.