Business
Coinbase CLO: Clarity Act Deal on Stablecoin Yield ‘Very Close’
The crypto exchange’s top lawyer dismissed banking industry concerns about deposit flight as lawmakers work to finalize stablecoin provisions.Franklin Templeton to Buy CoinFund Spinoff, Build Out Crypto Investment Offering
Global asset manager Franklin Templeton is acquiring a CoinFund spinoff to build out its own crypto wing, Franklin Crypto.Agencies Must Create Clear Prediction Market Rules to Avoid FTX-Style ‘Implosions’: CFTC Chair
Michael Selig argued that prediction markets operating offshore in “unregulated space” could lead to an FTX-style collapse.Crypto Startup Uses Polymarket to Bet on Its Own Fundraise, Blindsiding Backers
P2P.me was established to push boundaries, but the startup admitted that wagering on itself via Polymarket may have been a bridge too ...Latin America’s Mercado Libre Pulls the Plug on Its Crypto Coin
Latin America’s e-commerce giant Mercado Libre quietly killed its Mercado Coin loyalty token—pivoting to its own stablecoin.NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion
Intercontinental Exchange, the firm behind the New York Stock Exchange, invested a total of $1.6 billion into prediction market Polymarket.Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
Kalshi has raised $1 billion at a $22 billion valuation, doubling its worth in just three months.Nvidia Deepens Grip on Cloud AI With Major AWS Chip Deal
The deal would help scale capacity as AWS builds its own chips, revealing deeper reliance on Nvidia’s stack as usage keeps growing.Gemini Shares Rise After Hours as Investors Back Shift Beyond Crypto Trading
Investors focused on a shift toward steadier revenue streams and a push into prediction markets, even as trading volumes declined.ETF Giant Challenges Tether and Paxos With Framework for Tokenized Gold
The World Gold Council, established in 1987, counts 29 members across the gold mining industry.
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