$COMP

Compound Finance approved a $52 million budget and revamped leadership to court institutional investors as DeFi demand cools. The protocol said assets locked fell to about $1.2 billion from a Sept 2021 peak of $12 billion. It plans to focus on real-world assets, partnerships, and credit infrastructure. COMP rose 11% to $17.97 on Aug. 18, per CoinMarketCap.

iHeartMedia’s KVET Austin expanded its sports show “The Morning Kickoff” to 6-9am, adding an hour of coverage ahead of the 2026 college football season. Audacy’s WPOW Miami “Power 96” marked its 40th anniversary with an alumni night. Compass Media Networks extended multi-year national audio rights for Big Ten basketball and football events, adding women’s tournament coverage starting 2027.

Compass CEO Robert Reffkin urged New York agents to temporarily de-list homes from StreetEasy starting in August as part of its “Fall Marketing Playbook.” StreetEasy data showed Manhattan listings down 7% week over week in early August and 11% since month start by week two. StreetEasy criticized the move; Compass said listings remain in RLS. RealPlus data through Aug. 13 found 18% of Compass listings moved off-market vs 6% Douglas Elliman and 8% Brown Harris Stevens.

Compound Foundation said it will spend $52 million over two years to build institutional credit infrastructure based on the 2018 Compound lending protocol. It named executives recruited from Coinbase Custody, Anchorage Digital, NEAR Foundation and Maple Finance. The budget was approved via COMP Proposal 582 on May 10. Compound V2 and V3 hold about $1.23 billion in deposits, per DefiLlama.

Topeka and Shawnee County, Kansas officials and community advocates raised concerns about Compass Datacenters after reports that a Tel Aviv campus developed by Compass was used for Israeli military AI surveillance. The article cites Compass involvement in AWS-area Israeli data centers and notes Compass did not respond to requests for comment. Local leaders say they cannot comment on a pending application.

A lawsuit over Compass’s real estate transaction fees in Florida sought class-action status but is facing voluntary dismissal. Plaintiffs said the contract was based on a Florida Realtors and Florida Bar form later amended with extra terms, arguing non-lawyers cannot modify bar-approved contracts. Compass referenced the fees as a revenue stream in its first-quarter 2026 earnings report but did not disclose amounts.

Investing.com reports major U.S. stock movers, led by FRMI up 22.2% on an AI campus lease and potential revenue expansion, ALMR up 28.3% after launching an immune profiling panel, and Hertz up 24.5% on index removal and heavy options activity. Other gainers include Septerna, Rapid7, Kopin, and NextNav, with catalysts tied to AI, biotech, and earnings.

Shawnee County said on Aug. 4 that Compass Datacenters submitted an incomplete Conditional Use Permit application for a proposed data center site in Topeka and Shawnee County. The county set a next CUP filing deadline for Aug. 28. Compass said it will provide requested materials and refile. A July 14 Topeka council vote imposed a temporary moratorium on data center applications.

Sen. Elizabeth Warren sent letters questioning Compass’s partnership with MRED to create a private listing network that she says could obscure days-on-market and price history, raise costs, and reduce buyer access. She cites a Zillow study showing MLS sales sold about $4,975 less than off-MLS. Compass declined comment; MRED said it would explain the MLS’s role.

Sen. Elizabeth Warren sent a letter to Compass CEO Robert Reffkin and Midwest Real Estate Data (MRED) CEO Rebecca Jensen raising concerns that their April partnership to distribute Compass Private Exclusives nationwide via the Chicago MLS could create a two-tier housing market and increase fair housing and antitrust risks. MRED said it will discuss fair housing and data quality; Compass declined comment. Zillow sued over listing access.