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  • Noah Kahan on Exploring Mental Health Issues With ‘Out of Body’ Netflix Doc: ‘If One Person Watches This and Confronts Something Within Themselves, It’s Worth the Discomfort’

    Noah Kahan on Exploring Mental Health Issues With ‘Out of Body’ Netflix Doc: ‘If One Person Watches This and Confronts Something Within Themselves, It’s Worth the Discomfort’

    It’s “speak-up season” in “Noah Kahan: Out of Body,” the new Netflix documentary from director Nick Sweeney about the celebrated musician. Kahan has been frank about the ups and downs in his emotional life, which was part of the essential appeal of “Stick Season,” one of the most unexpected and wildly successful breakout albums of the 2010s. But for Kahan there was still the slightest of removes in presenting those feelings to an audience through the filter of songwriting, as opposed to appearing completely unfiltered over a period of months of filming in which some old mental health concerns and some brand new anxietiess rose to the fore along with his growing public profile.

    Some of the usual issues arise as they would with a newly minted star, like how it feels to go from zero to hero while still harboring some insecurities that don’t really square on the inside with the public adulation. But Kahan goes way beyond vague discussions of depression and anxiety, getting into the specifics of personal issues like a body dysmorphia that he’s struggled with most of his life. There are also practical issues that veer over into poetic difficulties, like the writers’ block he contends with after he’s removed himself from his beloved Vermont to be closer to the music-industry action in Nashville. Throughout “Out of Body,” Kahan is a fascinating mixture of rock-star confidence and small-town-lad humility, and again establishes himself as one of pop’s funniest and most self-deprecating quipsters, even as he leads fans through dark moments he hopes will shed some light on their own.

    Kahan and Sweeney spoke about the Netflix film with Variety, as the singer also provided some insight into how he broke a creative logjam discussed in the movie to come up with the goods for his new album, “The Great Divide,” out this Friday.

    This documentary probably began like most music documentaries do — with producers or executive producers who are involved in the artst’s business. How quickly did the most personal themes come into view, as opposed to more generic themes of touring success and follow-up albums?

    Noah Kahan: I will say that I did initially think we were kind of planning on doing a tour documentary, and when Nick came in, he started to pick up on deeper themes and subjects, and we went there. Nick, I would love to hear how you developed that idea.

    Nick Sweeney: I heard that Noah was interested in doing a documentary, and his music is very cinematic, so I was like, that could be really fun. But obviously the big question for me was, was Noah really ready to let somebody in? Because what’s really interesting as the filmmaker is seeing people at a kind of crossroads as they grapple with the big questions in their life. As soon as we started having discussions, it was really clear that there were all of these big challenges that he was dealing with beyond just the music — things to do with his family and hometown and identity and grappling with his mental health. At that point, as a filmmaker you’re like, how much of this am I gonna be able to show? What became really clear, as I was testing the waters and we were having the first discussions and first shoots, was that there was nothing off-limits. Anything that I would ask Noah when I would see what he was going through or what his challenges were, he never pushed back. He always answered very honestly. That was when it was really clear that this was so much more than kind of a tour doc, that it was really a very intimate and relatable story, or series of stories.

    Noah, you’re a candid person to begin with. Was there a moment when you kind of realized, this could address some of the stuff you’ve already talked about in songs, but in a more literally revealing way?

    Kahan: It happened pretty naturally. Like you said, in my life, I’m pretty open about things I’m going through or the dynamics of my life and my career and my family, and my family is very open with it. So when you start just capturing some of that stuff, it never seemed like, “OK, today is the day we’re gonna go talk about sad stuff with your dad.” What I think is great about the documentary is that you can be laughing hysterically and then kind of crying in the same few minutes. So it really kind of captured the natural way that I live my life. That comes from having honest conversations with family. We address things in our family every day that are tricky to talk about, which is a total privilege. Nick did a great job of allowing it to feel normal and not like “Here’s the scene we need to get.”

    In a lot of ways it was therapeutic for me, making the documentary. I didn’t really think about it coming out. In my head I was like, “OK, this is gonna help me address some things within my family, and within myself, that I might not have talked as much about without this spark.” But watching it at the premiere at South by Southwest, seeing people react to it showed us that this wasn’t just gonna maybe help just me or my family. It might actually help some other folks who are going through something similar. So any insecurity or fear that I might have had feels pretty small now compared to the potential impact. … I had some high-level industry people that came into the room and pulled me aside, and I thought I was gonna get “This is gonna be huge.” But they were like, “Look, that part where you talked about not recognizing your body or yourself, I feel that.” And to hear these people that you think have it all together really opening up to you after seeing something like that, I hope that’s the result for everybody, not just music fans or fans of mine. Man, I hope they come out of this being like, “I wanna talk about this,” or “I want to make that phone call.”

    Sweeney: There’s this really interesting line that Noah says towards the later part of the movie, where he’s talking about some of the mental health challenges that he’s going through. He says, “I’m not curing it, but I’m definitely walking near it and I’m poking up with a stick and saying, ‘What are you?’” I remember when we were filming, thinking, that’s such an interesting way to think about it.

    Noah Kahan in Noah Kahan: Out of Body.

    Courtesy of Netflix

    After dealing with writers’ block, the film ends with kind of a suggestion that a move away from Nashville back home to Vermont might help. This comes after having that blocked moment where you just declare, “I don’t even care about music right now.” If any of your professional associates were seeing you say that on camera, they must have thought, “Ohhh, interesting.”

    Kahan: “Oh, how am I gonna get my beach house?” [Laughs.] Yeah. I thought Nick and the team did a brilliant job ending it. I had no idea how it was gonna end. We were filming at so many different times, and there were so many different scenes that I was thinking, “Maybe that’ll be the ending of the movie.” But I thought it was a really beautiful, understated way to finish the movie in a way that didn’t give you a happy ending, but it gave you a step forward and enough of a hope at the end to show that life moves on and creativity returns, and you can have your issues, but the things that make you happy are still there for you. I love the ending because it captures me in a moment where I’m most happy and most myself. But Nick, I would love to hear from you about what drew you to that ending, specifically.

    Sweeney: I just remembered that quote about “I don’t give a fuck about music anymore.” And there’s this other moment where you’re saying, “I just don’t have a vision for what’s next. And I feel the darkness approaching.” I remember just thinking, oh my God. This feeling that I was observing you going through felt very heavy, and from the outside, it looked like to some extent you saw it as insurmountable. I remember feeling for you in those moments and being really shocked at the kind of language that you were using to describe this. One of the things you say is, “I’ve gone from 100 to zero after Fenway,” and just that feeling of feeling adrift. So then when we then saw you in the studio, which I really never thought we were gonna be capturing in this documentary, recording in this completely different state, with energy and momentum, I was like, “Oh, this feels like the place that we leave this story.”

    Noah, you are worried during the movie about how you can write a new album from such a different place, literally and otherwise, than where you were in creating “Stick Season.” Now a new album is coming out — spoiler alert — so something that was in the wheels starting to spin again at the end of the film worked for you.

    Kahan: Yeah, it did. It took a long time. It definitely took longer than I wanted it to. I just wanted the process to be the same so badly, because it was so pure and important to me, and it just felt like the perfect way to make an album. I was kind of trying to fit my new life back into my old life, and it didn’t fit anymore, and I had to start trying new things. I had a phone call with Marcus Mumford, which was helpful for me. I was really lost. It was right around after we finished filming and I was still kind of just feeling like, “I don’t know what I’m gonna do … I don’t know if I can do this again.” And he told me, “The process is never going to be the same again. You can’t get that back.”

    It was just letting go for a little while — letting go of the idea of making it a great album, or an album, even. I was just like, “What makes me want to be creative?” It required taking some time and being down to explore new places and to work with different people and to rethink what my principles on creativity were. It was realizing that it doesn’t have to be like drawing water out of a rock — it doesn’t have to be painful or scary all the time — and letting myself try to find what I enjoy about it. When I let go and when I had those conversations is when I started to be creative again.

    What you see in the documentary speaks to what worked so well about the process for this album and why I think the album is really cool: there’s a community around it. There’s people that have been through this experience with me. My producers and my band are playing all over the album. My wife helped me write a song on the album. I brought in community that let me feel like I was getting outside of myself, so I really do feel like the creative mojo returned. It still hasn’t left. I’m still feeling very creative, and I’m much more aware of how important it is to nurture that creativity. I think I really took too much time stepping away from what made me creative and trying to do what would make me bigger as an artist.

    People who got to know you through your albums, or through interviews, have probably had at least some mild curiosity about who your family and these other people in your life were and how they affected you. So to meet them as characters is really fun and enjoyable. But when you are talking with your mom late in the film about, you say something to the effect of: “Maybe I should have asked you guys before I revealed your lives to the world.” Of course, you are saying that with cameras watching, which heightens the irony.  So, how were they all with this?

    Kahan: I think one thing I learned from the “Stick Season” experience, which Nick was able to capture me learning in real time, was how important it is to let people have agency over what is described about them to the public. I didn’t realize how big of an album “Stick Season” would be, so I was just writing these feelings down just to get ’em out. Suddenly the album’s huge, and I’m having to grapple with my family being like, “What the hell?” So when we started thinking about a documentary, I feel like the first thing I wanted to clear with everybody is, “Are you comfortable with this?” And I think they all were. I think it’s always uncomfortable to have cameras around you. It’s always weird to see yourself back on screen. After we all watched it together, we were like, whoa — like, this is kind of crazy. It was maybe freaking us out a little bit. But what the documentary really did bring us was this ability to observe the love and the support we have for each other, and the really, really special family that I think we are. That overrides that discomfort, being able to just say, “Hey, we got to get closer as people because of this documentary. And this is going to show people how much we love each other.”

    I think everybody comes off so well in it. They all appear happy and funny. I think it’s naturally scary to open up like that, but for the most part, they’ve been absolutely down for the ride, and the communication has been very clear and honest from the beginning. I would never put out anything in the world if they didn’t like it, and they know that. So it’s been special to have their blessing.

    Sweeney: One thing I loved filming with Noah and his family is that Noah is having these types of conversations with them that I think many of us will do anything to avoid having. He says in the film at one point, “You may never have the conversation with your parents that you want to have, or that you know you should have.” And we see him having those conversations with them in this film in real time. Noah’s mom says, “Noah’s music makes our family’s dirty laundry seem like being human.”

    Noah has a well-noted sense of humor, so you knew there’d be a lot of laughs in the movie, so you at least had that security. But there’s a moment where Noah says, it’s one thing for him to joke about myself, but indicating it still stings when it comes from other people. So there’s that whole self-deprecating “beat them to the punch” sense of humor.

    Sweeney: I think Noah really exists in this kind of sweet spot between painful and funny. A lot of us use humor as a way to sometimes deal with some of the painful things in our life, and we see Noah doing that in the film. There’s this really hilarious joke that I’ve always loved that he says on stage at Fenway, which is like, “If your parents are split up, let me hear you say, ‘Two Christmases!” And so much of the audience yells back “Two Christmases!,” because they’re children of divorce too. It was a great tool in our belt that we did have this underlying humor that we see in Noah’s life, often going between struggle and pain and then very absurd moments.

    Kahan: One of my favorite moments captured on film is when we’re talking about body dysmorphia in my backyard, near the bonfire, and the chair breaks under me. There’s that moment where it’s very serious, and then that happens in real life, and I could tell everyone around us wanted to start laughing, but it was so intense… Just having the permission to laugh at yourself is something that I’ve always been really lucky to have, even in moments that are hard. I think Nick allowing that to be part of the movie instead of making all the sad parts be sad and all the funny parts be funny is what makes it a unique documentary.

    (L to R) Lauri and Noah Kahan in Noah Kahan: Out of Body.

    Courtesy of Netflix

    There are certain tropes you expect out of a doc about this, because they are a part of real life. Like the exhilaration of playing Fenway Park immediately followed by the isolation out on the pond, which could be taken as an “it’s lonely at the top” thing. But it’s something so-called normal people may be able to relate to, as well — because when you maintain a very busy life, what happens when you’re alone and have to deal with yourself? That’s a universal theme.

    Sweeney: We see Noah coming off stage at Fenway, a venue that’s hugely significant in his life, with fireworks and screaming, and he’s in a van and completely hyped up, and then the following day — I mean, hours later — standing at the kitchen counter, emptying cinnamon into this weird coffee drink he’s making. I was really kind of surprised how kind of extreme these contrasts in his life were.

    Kahan: You don’t want to be “woe is me” about a lot of this stuff. And I feel like allowing those moments of silence in the sound editing, and the silence of that moment right after Fenway, where it’s just completely quiet besides the bugs and the wind — that tells that story without having to be me sitting there being, “It’s so hard.” There’s a lot of “show, don’t tell” in the documentary, which I love in movies.

    There’s something about Noah’s popularity that is intrinsically tied to the sense of place people get about Vermont, whether they’ve ever been or just imagine it as a state of mind based on his music — a place that is mundane and relatable and yet maybe a little bit exotic to them at the same time. That’s a big part of this film. People could listen to the songs and sort of get an idea of what that landscape was like and how it affected Noah, being in the kind of small towns where people either want to stay forever or can’t wait to get out. Having interviews with some of the townspeople brings it all home.

    Kahan: The comment I’ve seen is, Vermont is as much a character in the documentary as anything else. I think they did a really great job capturing what it’s really like but also capturing… not the indifference, but the forward-moving way of Vermonters. They’re not sitting around considering my music all the time. And I think breaking up the idea that like there’s Bernie Sanders, maple syrup and “Stick Season”…. There’s so much depth to the people in Vermont, and I really love that we had scenes where people were like, “Yeah, I don’t know. I knew him growing up, but I don’t really listen to his music.” I just think that’s so quintessentially New England and Vermont. And getting footage that isn’t just summertime or changing leaves, but getting that dirty, muddy snow in March and the cold and all of that, I feel like really captured where I’m from. You could talk about it in music, but showing them is a better way to do it. We did get really dirty making this film! When we were up there filming in the winter months, we came back really caked in mud, literally.

    Do you ever have any regrets, even momentary, when you’re as candid as you are? Making an album, you have time to think about it before it goes out, but it might feel different when it’s something being captured on film and you’re not completely in control of whether anyone else at all hears it.

    Kahan: It has been difficult, I think more so than with music, just because there’s so much you can obfuscate with music. You can kind of hide behind lyrics or melodies or characters. I have been anxious about [the film] — not because there’s anything that I’m worried about the world seeing; I like to be an open book. But it is vulnerable, and that feeling is a little anxiety-inducing. I think it’s OK, because I know that at least one person is gonna watch this and it’s gonna make them call their dad or their mom or their friend or confront something within themselves. That is worth the discomfort. It’s also a really great tool to tell people about my music and the album and the tour, and I just think overall it’s gonna be more helpful than the feeling of being anxious about it.

  • Crypto trading firm GSR launches U.S. listed ETF tied to Bitcoin, Ether, and Solana

    Crypto trading firm GSR launches U.S. listed ETF tied to Bitcoin, Ether, and Solana

    Crypto trading firm and market maker GSR has launched its first exchange traded fund, the GSR Crypto Core3 ETF, giving investors exposure to Bitcoin, Ether, and Solana.

    The fund, which trades on Nasdaq under the ticker BESO, uses an actively managed structure, includes staking rewards, and carries a 1.00% management fee, marking GSR’s expansion into the fast growing U.S. digital asset fund market.

    The new product marks a notable step for GSR, which has spent years operating as a crypto market maker and liquidity provider and is now pushing further into asset management.

    Framework Digital Advisors is serving as the fund’s investment adviser, while GSR is positioning the ETF as a bridge between traditional finance demand and crypto native market expertise.

    Core3 allocates across Bitcoin, Ether, and Solana and rebalances weekly using research driven signals aimed at improving returns over time. GSR said the strategy is built around two of the market’s biggest themes, Bitcoin’s role as a macro asset and the continued growth of blockchain networks such as Ethereum and Solana, which support use cases including stablecoins and tokenization.

    The launch also reflects how quickly the U.S. crypto ETF market is broadening. GSR’s filing for Core3 had already been part of a wider pipeline of crypto fund proposals that moved beyond single token exposure and into baskets, staking, and active strategies. That expansion accelerated after rule changes in 2025 opened a faster path for plain vanilla crypto exchange traded products, helping fuel a wave of new listings and copycat filings.

    Earlier U.S. listed products tied to Solana introduced regulated fund structures that pass through staking rewards, and later market commentary pointed to regulatory clarification around protocol staking as a major catalyst for ETF innovation. BESO now takes that trend a step further by combining staking with a multi asset portfolio and active allocation inside a single listed vehicle.

  • 7 Realistic Things I Want Apple to Announce to Close Out the Tim Cook Era

    7 Realistic Things I Want Apple to Announce to Close Out the Tim Cook Era

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  • Sam Reid Plays Bloodsucking Rock Star in ‘The Vampire Lestat’ Trailer From AMC

    Sam Reid Plays Bloodsucking Rock Star in ‘The Vampire Lestat’ Trailer From AMC

    Sam Reid plays the camp vampire rock star Lestat de Lioncourt looking to set the record straight after being alive and undead for 265 years in the official trailer for AMC’s The Vampire Lestat drama that dropped on Wednesday.

    The Interview With The Vampire series, based on the late Anne Rice’s Vampire Chronicles books, has been retitled for the third season, as Reid’s character looks to reclaim his centuries-old story as an immortal, yet turbulent rock star.

    “It’s my era. I’m a rock star now,” a strutting de Lioncourt says at one point in the stylized and fast-paced teaser trailer, with one camera angle revealing the celebrity touring performer’s boots have the word “Hate” on one sole and “Me” on the other.

    But, as he attempts to set the record straight with a “rewrite” of the Vampire Chronicles, de Lioncourt’s life begins to spin out of control as he is haunted by the muses from his rebellious past.

    “I’m immortal… I’ve been a monster. This is my reckoning,” Reid’s character cries out as AMC reveals the latest series from its Immortal Universe that in the teaser has Lestat playing his version of Billy Idol’s catchy “Dancing With Myself” track.

    Along with Reid, The Vampire Lestat stars Jacob Anderson, Assad Zaman, Bogosian, Delainey Hayles and Jennifer Ehle and is executive produced by Mark Johnson, creator, writer and showrunner Rolin Jones, Hannah Moscovitch, Christopher Rice and Anne Rice. 

  • ‘Finding Satoshi’ Makes the Case for Hal Finney, Len Sassaman as Bitcoin Co-Creators

    ‘Finding Satoshi’ Makes the Case for Hal Finney, Len Sassaman as Bitcoin Co-Creators

    In brief

    • A new documentary argues that Bitcoin creator Satoshi Nakamoto was two people: late cryptographers Hal Finney and Len Sassaman.
    • The documentary’s investigation relied on a process of elimination that tapped a Unabomber investigator and cross-referenced suspects’ online activity.
    • The directors told Decrypt that a 90-minute interview with disgraced crypto mogul Sam Bankman-Fried didn’t make the final cut.

    A documentary released on Wednesday asserts that Satoshi Nakamoto was never an individual, but rather a pseudonym shared by two expert cryptographers who combined forces to create Bitcoin before their respective deaths: Hal Finney and Len Sassaman.

    Directed by Tucker Tooley and Matthew Miele, “Finding Satoshi” showcases a four-year investigation guided by American business writer William D. Cohan and private investigator Tyler Maroney, delving deep into one of the 21st century’s greatest unsolved mysteries.

    The film features well over a dozen interviews, ranging from the wealthiest people in the world to computer scientists who helped uncover Satoshi’s identity, sometimes unintentionally. 

    Investigations into Satoshi’s identity can bring unwanted legal or personal scrutiny to the individuals—longtime Bitcoin Core developer Peter Todd, for example—yet the conclusion of “Finding Satoshi” provokes little consternation because its suspects are no longer alive.

    In some ways, the documentary appears to break new ground, featuring an interview with Fran Finney, the late cryptographer’s widow. In the film, she concedes that her husband probably played a role in Bitcoin’s creation. Cohan told Decrypt, “I think [that] was very, very powerful.”

    Sassaman’s widow, Meredith L. Patterson, is also included in the documentary, assessing whether her husband could’ve been Satoshi as well. But that’s not before other suspects are identified first: Adam Back, Nick Szabo, David Chaum, Paul Le Roux, and Wei Dai.

    In many ways, the film comes across as a love letter to the digital underground where Satoshi found fertile ground, namely privacy-fighting cypherpunks. Phil Zimmermann is among the most notable featured in the film, a privacy pioneer who armed the public with “military-grade” email encryption in the early ‘90s by creating Pretty Good Privacy (PGP). 

    Sassaman, who took his own life in 2011 after Satoshi’s final public post, and Finney, who passed away due to complications from ALS in 2014, both worked on PGP’s encryption. The documentary theorizes that Finney composed Bitcoin’s code, while Sassaman handled written matters, including Bitcoin’s foundational nine-page white paper.

    Before Cohan and Maroney land on their suspects, Finding Satoshi’s directors devote ample time to mapping out the cultures that Bitcoin was likely born from—such as the Extropians, a group of techno-optimist transhumanists—and various Bitcoin forerunners that Satoshi combined elements of, including Adam Back’s Hashcash.

    Back, the co-founder and CEO of Bitcoin infrastructure firm Blockstream who established the concept of proof-of-work, was recently fingered as Satoshi in a New York Times investigation, which leaned heavily on linguistic analysis. Following the article’s publication, Back denied that he was Satoshi, as he has done many times.

    “If you had a $100 billion fortune, you’re not just going to sit there and live a life of frugality,” Cohan said, referring to the estimated 1.1 million Bitcoin that Satoshi holds. “We just used our analysis and deductive reasoning to get to a different conclusion.”

    The film’s investigators enlisted the help of Kathleen Puckett, a former FBI agent who helped bust Unabomber Theodore John Kaczynski, to assess the motivations of whoever wrote Bitcoin’s white paper. Her analysis: Bitcoin’s creator didn’t seem to care about money.

    Back is eventually eliminated alongside several Satoshi candidates following a conversation with Alyssa Blackburn, a data scientist who previously worked at Rice University and Baylor College of Medicine in Houston. She provides Cohan and Maroney with data that allows them to measure suspects’ online history against Satoshi’s. The profile fits Finney and Sassaman.

    The flick also presents a fact flagged by Jameson Lopp, CTO of security firm Casa, as a potential counterpoint: Satoshi emailed back and forth with a developer at the same time that Finney, an avid runner, participated in a race in Santa Barbara, California.

    That discrepancy ultimately backs investigators’ theory that Finney composed code, while Sassaman composed sentences. Still, Cohan and Maroney said that they conducted plenty of interviews across the cryptosphere that didn’t move the needle much.

    Conducted at the height of his powers in 2021, a 90-minute interview with FTX founder and former CEO Sam Bankman-Fried didn’t make the final cut, Cohan said. The disgraced crypto mogul was later sentenced to 25 years in prison for orchestrating a multibillion-dollar fraud scheme.

    The documentary features interviews from other figures in finance, including Strategy’s Michael Saylor and Microsoft’s Bill Gates. Cohan noted that those individuals appeared to downplay the importance of Satoshi’s identity, effectively giving investigators a stiff-arm.

    “We spent a year and a half interviewing all these people,” Cohan said. “They’re fascinating, and they should be their own separate documentary, but we weren’t getting anywhere.”

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  • Robinhood Ventures Invests $75 Million in OpenAI, Offering Retail Traders Exposure

    Robinhood Ventures Invests $75 Million in OpenAI, Offering Retail Traders Exposure

    In brief

    • Robinhood Ventures Fund I purchased approximately $75 million of OpenAI common stock.
    • The publicly-traded closed-end fund is intended to democratize access to private markets without accreditation requirements or investment minimums.
    • The fund’s portfolio includes Stripe, Databricks, ElevenLabs, Ramp, and Revolut alongside its new OpenAI position.

    Robinhood Ventures Fund I purchased approximately $75 million of OpenAI common stock, the fund announced Wednesday, letting retail investors who buy shares in Robinhood’s publicly traded fund get exposure to the AI giant.

    The investment represents a significant addition to RVI’s concentrated portfolio of high-growth private companies, which includes Airwallex, Boom, Databricks, ElevenLabs, Mercor, Oura, Ramp, Revolut, and Stripe. OpenAI, the maker of ChatGPT recently valued at $852 billion, marks one of the fund’s largest single investments since launch.

    “OpenAI is one of the frontier artificial intelligence companies, and we are incredibly proud to add them to the Fund,” said Sarah Pinto, president of Robinhood Ventures Fund I, in a statement. “As one of RVI’s largest investments to date, this underscores our core mission to provide everyday investors with access to what we believe are transformative companies shaping the future.”

    RVI’s structure as a closed-end fund enables retail investors to access private company valuations through standard brokerage accounts. The fund eliminates barriers that typically restrict private market investments to wealthy accredited investors, including high minimum thresholds and complex investment structures.

    The timing aligns with growing retail interest in AI investments across crypto-adjacent platforms. Robinhood’s push into AI exposure comes as traditional finance and crypto platforms increasingly compete for retail investment dollars in emerging technology sectors. The fund’s public listing allows investors to trade shares like any stock, providing liquidity that direct private investments lack.

    The investment highlights a significant shift in market composition, with the number of publicly traded companies in the U.S. falling from 7,000 in 2000 to 4,000 last year. Meanwhile, private companies have grown to outnumber public companies by more than 6.5 times as of April 2024, with the estimated value of private firms surpassing $10 trillion in the first quarter of 2025.

    Led by Sam Altman, OpenAI is one of the largest players in the frontier AI space, competing with fellow startup Anthropic—the maker of Claude—and tech giant Google with its Gemini series of models.

    Both OpenAI and Anthropic are believed to be laying the groundwork for public offerings, perhaps as soon as later this year. Users on Myriad—a prediction market platform operated by Decrypt‘s parent company, Dastan—currently believe that Anthropic will be the first of the AI giants to go public, penciling in nearly 64% odds as of this writing.

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  • Leonardo DiCaprio Urges Fans to Call U.S. Representatives and Fight Against Bill to Dismantle the Endangered Species Act: ‘Reject This Existential Threat’

    Leonardo DiCaprio Urges Fans to Call U.S. Representatives and Fight Against Bill to Dismantle the Endangered Species Act: ‘Reject This Existential Threat’

    Leonardo DiCaprio is marking Earth Day by calling on his 60 million Instagram followers to contact members of the U.S. House of Representatives and urge them to vote “no” on a bill that seeks to dismantle the Endangered Species Act (ESA), which was signed into law by Richard Nixon in 1973. The ESA is the primary law protecting and conserving species in the U.S. from extinction.

    “Today, on Earth Day of all days, the U.S. House of Representatives is set to vote to gut the Endangered Species Act (ESA), trading the future of life on Earth for the short-term economic gain of a wealthy few,” DiCaprio wrote in a statement on Instagram. “The ESA was signed into law over 50 years ago by President Nixon after passing 92-0 in the Senate and 355-4 in the House, ensuring the safeguarding of species and ecosystems that sustain us. Today’s bill would devastate the most vulnerable species, which are essential to functioning ecosystems.”

    “I urge the House to reject this existential threat to our national security and choose to protect and recover species, and defend the living systems we all depend on,” the Oscar winner added. “Call your U.S. Representative today to urge them to vote ‘no’ on the ESA Amendments Act of 2025 (H.R. 1897). U.S. Capitol switchboard: 202-224-3121.”

    DiCaprio posted while overseas filming “What Happens at Night,” his latest collaboration with director Martin Scorsese after the likes of “The Aviator,” “Gangs of New York,” “The Wolf of Wall Street,” “Shutter Island” and more. DiCaprio’s co-star is his fellow “Don’t Look Up” actor Jennifer Lawrence.

    When he’s not being one of Hollywood’s A-list superstars, DiCaprio is also one of the town’s most outspoken environmentalists. During the 2024 presidential election, he threw his support behind Kamala Harris while bashing Donald Trump for ignoring climate change.

    “Donald Trump continues to deny the facts. He continues to deny the science. He withdrew the United States from the Paris Climate Accords and rolled back critical environmental protections,” DiCaprio wrote in a statement at the time. “Now he’s promised the oil and gas industry that he’ll get rid of any regulation they want in exchange for a billion-dollar donation.”

    He added, “Climate change is killing the earth and ruining our economy. We need a bold step forward to save our economy, our planet and ourselves. That’s why I’m voting for Kamala Harris.”

    Check out DiCaprio’s latest post in the Instagram below.

  • Bitcoin (BTC) Is Gaining Momentum Again – Is the Recent Rally a Bull Trap or a Sign of New Rallies to Come?

    Bitcoin (BTC) Is Gaining Momentum Again – Is the Recent Rally a Bull Trap or a Sign of New Rallies to Come?

    The cryptocurrency markets have been energized again as Bitcoin ($BTC) surpassed the $78,000 mark, reaching its highest level in 11 weeks.

    With investor risk appetite increasing, Scott Melker and macro strategist Noelle Acheson discussed the current state of the market and the dynamics behind Bitcoin’s rise on “The Wolf Of All Streets” channel.

    Noelle Acheson stated that although Bitcoin is still viewed as a “risk asset” in the traditional financial world, its performance during times of crisis has shattered this perception.

    Weekly chart showing the recent rise in $BTC price.

    Experts, noting that Bitcoin has always gained value 60 days after seven major crises since 2020 (including the collapse of Silicon Valley Bank), argued that $BTC actually serves as a “protection against chaos.”

    Related News New Pro-Crypto Legislation on the Horizon in the U.S. – Here’s What the PACE Act Entails

    One of the most critical points that stood out was the “worrying” signals from the bond market while stock markets were hitting record highs. The rise in 10-year Treasury yields to 4.2% – 4.3% indicates that markets have not yet found the relief they expected from the Fed’s interest rate cuts.

    The broadcast stated that the hacking incidents in DeFi (Decentralized Finance) protocols last week and the vulnerabilities in platforms like “Kelp DAO” have created significant distrust in the market. This situation has driven institutional investors away from DeFi and towards Bitcoin, resulting in Bitcoin dominance reaching its highest level in the past year.

    Analysts believe that data from derivative markets has not yet signaled “overheating” (frothy), leaving the door open for a new rally towards the $82,000-$84,000 levels. However, experts emphasize that investors should exercise caution due to speculation surrounding the Trump administration and global geopolitical risks.

    *This is not investment advice.

  • Jon Favreau Admits “I Was Wrong” to Resist Killing Off Tony Stark in ‘Avengers: Endgame’

    Jon Favreau Admits “I Was Wrong” to Resist Killing Off Tony Stark in ‘Avengers: Endgame’

    Writer-director Jon Favreau successfully launched the Marvel Cinematic Universe with 2008’s Iron Man, but there was one MCU move he admits that he resisted behind the scenes: killing off Robert Downey Jr.’s beloved Tony Stark in 2019’s Avengers: Endgame.

    Appearing on Jimmy Kimmel Live! on Tuesday to promote his upcoming Star Wars film The Mandalorian and Grogu, Favreau says he called up Anthony and Joe Russo to push back against their plan to end the character he helped create.

    “I talked to the Russos, I said ‘I don’t know if people are gonna like … I don’t know, it’s really going to impact people because they were kids that grew up with that character,” Favreau said. “But I have to tell you, it was handled so well by them. And Gwyneth [Paltrow] and Robert did such a wonderful job acting, and I think it added a poignancy to it. I think they did a wonderful job. I was wrong.”

    Favreau admitted even he got emotional when he watched the film. “I was choked up,” he said. “Even though it’s a movie, those people, those characters, have been part of my life for so long.”

    Favreau added he’s “excited to see” Downey as Doctor Doom in the upcoming Avengers: Doomsday. He noted the “smartest thing I ever did” was give himself a cameo as the character Happy Hogan in the first Iron Man movie, because he’s been invited back to appear so many times in the franchise that the role has “put my kids through school.”

    Asked who is “scarier,” Star Wars fans or MCU fans, Favreau diplomatically replied they’re “equally invested” in their respective franchises, but Star Wars fans have a longer attachment given the first film came out in 1977.

    Favreau showed a new clip from The Mandalorian and Grogu, which you can watch around the 9-minute mark in the footage below. The film opens May 22.

  • Netflix In Final Talks to Buy Radford Studio Lot at Around $330 Million Price Tag

    Netflix In Final Talks to Buy Radford Studio Lot at Around $330 Million Price Tag

    Netflix is nearing a deal to buy the historic Radford Studio Center lot, a purchase that would give the entertainment giant ownership of a major Los Angeles production campus.

    Goldman Sachs, which took over the property earlier this year, is expected to sell the property for roughly $330 million, a source familiar with the deal tells The Hollywood Reporter, describing the agreement as “all but done.”

    According to the source, Netflix didn’t participate in the first round of bids, which didn’t include other major studios and started roughly two months ago. Offers, most of which didn’t hit $300 million, were mostly submitted by entities looking for what could be a generational discount on the 55-acre property.

    The sale is the first deal of its kind involving a major production campus in more than five years. It’s expected to set a baseline for lenders to rely on when renewing loans for comparable properties. “This is going to set the bar,” the source adds.

    The buy could shake up Netflix’s base of operations in Los Angeles. For years, it has been the anchor tenant at Sunset Studios, making the ICON building its L.A. headquarters and occupying the EPIC and CUE buildings as part of the complex on Sunset Boulevard.

    The streaming giant has a lease on those buildings through 2031 with the owner, Hudson Pacific Properties, which receives $27 million in base annualized rent from Netflix. As of early March, Hudson Pacific CEO Victor Coleman said at an investor conference that “our conversations with them are fluid” regarding future leases.

    Netflix is the No. 2 tenant for Hudson Pacific among its office tenants, occupying 722,305 square feet of space, just behind Google, so a loss of the streaming giant would be a big one for the soundstage operator. (Amazon is its No. 3 tenant, and the company also has tech giants like Salesforce, PayPal and Elon Musk’s X AI leasing its properties.)

    “We remain fully engaged with Netflix and believe this portfolio is the optimal long-term solution for their L.A. office needs, given the quality, location and expansion potential of these assets,” Coleman had said on the company’s February earnings call.

    Netflix leases its Sunset Bronson Studios location (pictured during the 2023 labor strikes).

    Tiffany Taylor/THR Staff

    Radford, meanwhile, counts iconic titles like Seinfeld and Gilligan’s Island among the classic shows that have filmed on its soundstages. But even in corporate materials it describes itself as facing “decades of under-investment,” and renovation plans have been put in motion.

    The historic studio was in the hands of the then-named ViacomCBS corp until 2021 when it was sold — as part of a slimming down of the Shari Redstone-run Paramount empire — to Hackman Capital Partners and Square Mile Capital Management for $1.85 billion.

    The Michael Hackman-led firm had bet that studio infrastructure would be a hot commodity as majors had been bulking up on spending for streaming shows near the height of what was then a race to catch up to Netflix. Wall Street and private equity firms also saw the upside in studio lot infrastructure at the time, which was not too far removed from the COVID-19 pandemic, when office space was seen as a shakier bet.

    Then, ahead of the 2023 dual labor strikes from the Writers Guild and SAG-AFTRA, the content spend pullback hit and stage occupancy started waning. (Now uncertainty about how AI workflows will impact content creation also factor in to big bets on soundstage infrastructure.)

    Netflix could strike the deal as the value of L.A. studio real estate plunges amid a historic production slump in the region. Major soundstages recorded a 62 percent occupancy rate during the first six months of 2025, down one percent from anemic levels recorded in 2024, according to data released from local film office FilmLA in March. From 2016 to 2022, soundstages participating in the survey reported an average occupancy rate of at least 90 percent.

    The filming downturn hit Radford, which has 22 soundstages, especially hard since fixed operating costs remain the same regardless of how many productions shoot on the property.

    A green screen on set at the Radford lot in Studio City circa 2018.

    Photographed By Yuri Hasegawa

    Investment bank Goldman Sachs had taken over the Radford lot after Hackman defaulted on its mortgage, Bloomberg reported in January, citing a letter to investors that wasn’t made public. Hackman also operates the historic Raleigh Studios in Los Angeles, the Sony Pictures Animation Campus in Culver City and more major soundstages and production facilities.

    Last year Hackman put a “For Sale” sign on a Raleigh sibling location, Saticoy Studios in Van Nuys, at an $18 million price tag, with an exec at the company telling THR that it was “non-core to our wider studio portfolio, which focuses on larger, flagship properties.” The main Raleigh Studios location, located on Melrose Avenue, has Netflix as the anchor tenant through 2031 as well.

    That would mean that by 2031, Netflix may be able to be on the move at both Sunset and Raleigh studios should it choose to do so. And a Radford lot purchase — it boasts 22 soundstages, three backlot sets, 18 office buildings and 20 bungalows — could make for suitable new digs for Ted Sarandos and Co. in L.A. to go along with its restored Egyptian Theatre on Hollywood Blvd. 

    Netflix, which just received a $2.8 billion break up fee in connection with its abandoned pursuit of Warner Bros., has made an effort to build its soundstage bases over the years, outside of its L.A. office. Those include the formerly named ABQ Studios in Albuquerque, New Mexico as well as $1 billion to build its East coast base at the former site of Fort Monmouth, New Jersey (which won’t be ready for a few years).

    That’s not counting the Los Gatos-based company’s expanding global office and studio space portfolio. This year alone, Netflix unveiled its Mexico City headquarters, opened a Buenos Aires, Argentina office and touted an expansion of its Poland central European hub as it builds infrastructure to provide a content pipeline to serve its 325 million subscribers.

    Sunset Studios soundstage operator Hudson Pacific, meanwhile, has looked to the East coast for an expansion, opening its purpose-built Sunset Pier 94 Studios in Manhattan in January with Paramount Television Studios’ Dexter: Resurrection signing on to produce its second season at the location.

    April 22 Story updated throughout with additional reporting.