21shares trims 2026 crypto forecasts despite institutional adoption gains
Asset manager 21shares sees crypto infrastructure advancing faster than prices, as ETFs, stablecoins and prediction markets mature while several 2026 targets…
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.…
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.…
Crypto Biz: SpaceX fuels tokenization’s next boom
Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam BankmanFried seeks a…
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offering sportsrelated contracts.…
Coinbase eyes World Cup boost as prediction markets surge: Bernstein
Bernstein says the 2026 FIFA World Cup could inject billions into prediction markets, with Coinbase and Robinhood positioned to capture a wave of new users.…