While it’s been fighting the agency in court, New York-based Kalshi, which settles bets in dollars, has watched crypto-powered rival Polymarket, which is barred from doing business in the U.S., nevertheless rack up record volumes during this election year. Over $1 billion alone has been staked on Polymarket’s contract on who will win the presidency.
While the submission of an S-1 filing is the first step in introducing a fund, the document is basically meaningless if it isn’t followed by another filing, called the 19b-4, which is required to signal a requisite rule change at the stock exchange seeking to list the investment
The auction house’s sale of “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina,” on Wednesday at the Rockefeller Center in New York will issue digital certificates for each of the 130 lots. The ownership certificates will be minted by Kresus on Base, the Ethereum layer-2 blockchain developed by Coinbase (COIN).
ATOM was the lone gainer in the index, rising 0.7%.
Franklin’s latest addition is due to Aptos’ unique characteristics which also meet the asset manager’s rigorous suitability standards for its Benji platform, the firm’s blockchain-integrated recordkeeping system, said Roger Bayston, head of digital assets at Franklin Templeton. One Benji token represents one share of the fund.
The firm registered a trust entity in the state of Delaware on Tuesday, which appeared on the state’s Division of Corporations website. Registering a trust entity is a first step toward filing to list and trade shares of an ETF; companies like Bitwise, Blackrock and Fidelity all filed trust entities for bitcoin (BTC) and Ethereum’s ether (ETH) ahead of filing for ETFs following those tokens.
However, coming out of a prolonged bear market in 2018 and 2019, bitcoin moved again in late-2020 into early 2021 as the price climbed from roughly $10,000 to $60,000. However, we can see that this cohort was selling bitcoin during the entire period, locking in those gains as they were buyers in the previous bear market instead of buying the top they were selling.
“With its young, mobile-first and digital wallet ready population, the Asia Pacific region is ahead of the curve when it comes to digital asset adoption,” said Chief Business Officer for Circle Kash Razzaghi. “We are excited to work with MHC Digital to pave the way for a new era in digital finance in Australia and beyond.”
EigenLayer’s native token (EIGEN) is now transferrable and has been trading at a fully diluted value of TK TK TK on perpetual exchange Hyperliquid.
Nations around the world have been looking to clarify their approach to crypto. The U.K. decided to make crypto a regulated activity last year and bring the sector under its financial services rules, Europe created bespoke rules for the crypto sector known as the Markets in Crypto Assets rules, while, South Africa recently opened up its licensing regime for the sector.