Business
DTCC ‘Not Building Walled Gardens’ for Tokenization, Says Digital Assets Head
The financial giant says it’s open to interoperabilityRobinhood Offers Prediction Market ‘Custom Combos’—But Don’t Call Them Parlays
Sports contracts recently accounted for 91% of trading volume on Kalshi.Esports Team Ninjas in Pyjamas Mines $14 Million in Bitcoin as Operation Expands
NIP Group, the publicly traded firm behind esports team Ninjas in Pyjamas, is ramping up the Bitcoin mining operation it launched in ...Kraken-Linked SPAC Eyes $250 Million US Public Offering
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering.BNY Debuts Tokenized Deposits for Institutions and ‘Digital Natives’
BNY, the world’s largest custodian bank, signaled that it will begin issuing digital representations of customers’ deposits on the blockchain.Bank of America Upgrades Coinbase to ‘Buy’ on Base Prospects, Tokenization Tailwinds
Binance’s U.S. expansion could be a threat, the bank warned while upgrading Coinbase to a “Buy” rating.World Liberty Financial Applies for OCC Trust Bank Charter
World Liberty Financial is seeking to overcome a federal oversight hurdle, with only one other crypto firm having successfully done so.Crypto Goes to Hollywood
Netflix has just announced an upcoming crypto comedy film—but why has it taken so long for the industry to hit the silver ...Shadow ‘Archive’ Says It Copied Virtually All of Spotify’s Music
“Anna’s Archive” claimed it scraped 86 million songs from Spotify—revealing some wild things about people’s favorite music.Coinbase Sues Three States Over Prediction Market Regulation
Illinois had issued cease-and-desist letters to Kalshi, Robinhood, and Crypto.com in April over sports event contract offerings.
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