Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the…
JPMorgan sees limited institutional demand for perpetual futures
The bank said institutional demand for perpetual futures remains muted, with the products better suited to speculative trading than hedging. Source:CoinDesk
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody CEO John Cronin takes the…
Comcast to spin off NBCUniversal after 15 years of ownership
Comcast on Monday said it would spin off NBCUniversal into a separate company, breaking off the media business it acquired 15 years ago Source:MarketWatch
Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits
European regulator ESMA called on unauthorized cryptoasset service providers to wind down their businesses in an orderly manner as the MiCA transitional period…
Crypto exchange BitMEX removes CEO, CFO and head of growth
The firm’s global general counsel, Peter Wilkinson, has taken over as CEO from Stephan Lutz. Source:CoinDesk
SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset…
Crypto's next frontier isn't crypto, it's financing AI and robotics, Framework's Anderson says
Blockchain is becoming the financial layer for capitalintensive industries rather than just cryptonative speculation, Michael Anderson, the crypto venture…
Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts. Source:CoinDesk
ServiceNow, Salesforce and other software stocks surge as the OpenAI threat weakens
Oracle’s stock missed out on the broader software rally, as the company is tied to OpenAI’s success through its cloudinfrastructure business. Source:MarketWatch
Securitize aims to raise $400 million as tokenization firm nears public debut
The BlackRockbacked tokenization specialist expects to close its SPAC merger next week and start trading on the NYSE, pending shareholder approval.…
Australian regulator extends no-action period for crypto licensing
Australia’s financial regulator extended temporary enforcement relief for digital asset businesses until Sept. 30 as firms transition into the country’s…