Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B
The gist: The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.
The gist: The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.
The gist: A new report argues that putting institutional Bitcoin holdings to work through lending, collateral and financing could create demand beyond its store-of-value role.
The gist: The largest Bitcoin treasury company will begin daily dividend payments on STRC in November, with three other preferred securities following in January 2027.
The gist: The crypto wallet’s new integration offers CFTC-regulated event contracts through Kalshi, as prediction markets face growing legal challenges in the US.
The gist: VanEck’s new Wealth Builder ETF targets a 2% Bitcoin allocation, with a permitted range of 1% to 5%, gaining exposure through a spot Bitcoin ETP.
The gist: Speaking on Cointelegraph’s Chain Reaction podcast, Muneeb Ali warned that uncertainty over Bitcoin’s quantum security could deter institutional investors.
The gist: Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.
The gist: The blockchain-based fund offers eligible non-US investors exposure to the Nasdaq-100 as Janus Henderson expands its institutional tokenization business.
The gist: The new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.
The gist: The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.
The gist: The agreement adds S&P Dow Jones gauges to a growing list of Wall Street firms expanding their involvement in prediction markets.
The gist: The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned program overhaul.
The gist: The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.
The gist: The SEC’s latest priorities highlight tokenization as an emerging market risk, while cryptocurrencies remain absent as a standalone examination category.
The gist: The new service aims to bring onchain trading data into institutional financial systems as tokenized stock markets expand and face growing scrutiny.
The gist: The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.
The gist: Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on the reported talks.
The gist: The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.
The gist: The foundation called for regulation based on financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto businesses across the EU.
The gist: Six major blockchain organizations urged the SEC to formally recognize digital commodities as non-securities in its proposed regulatory framework.
The gist: The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close.
The gist: The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount.
The gist: Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.
The gist: The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.
The gist: Mesh will connect crypto and stablecoin wallets to Visa’s global payment network, allowing users to spend digital assets without a separate card.
The gist: The UK-based fintech will use the authorization to offer crypto services in additional international markets, though it has not disclosed specific countries or launch dates.
The gist: The Bitcoin treasury company added another 1,223 BTC after an earlier purchase pushed it past MARA Holdings, while continuing to expand its reserves through equity financing.
The gist: Panelists at Cointelegraph’s Singapore CONNECT event explored opportunities in tokenized markets, the future of everyday stablecoin payments and the evolving landscape for crypto investors.
The gist: The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities industries.
The gist: The technical trial showed how AI agents could discover services and make micropayments using HSBC’s tokenized deposits, with real-time settlement and risk checks.