Finance & Earnings
IBM Launches ‘Digital Asset Haven’ to Bring Banks Into the Tokenized Future
IBM has launched Digital Asset Haven, a new platform to help banks, governments, and major corporations manage digital assets securely and at scale. The system handles everything from...
Industry
Trump Nominee Mike Selig Likely To Be Prediction Market-Friendly As CFTC Head
Mike Selig, currently the SEC’s Chief Counsel of the Crypto Task Force, is President Trump’s new nominee to head the Commodity Futures Trading Commission. The news comes after Trump...
Finance & Earnings
JPMorgan to Accept Bitcoin and Ether as Loan Collateral by 2025
JPMorgan Chase & Co., the world’s largest bank by market cap, is set to let institutional clients use Bitcoin (BTC) and Ether (ETH) as collateral for loans by the end of 2025. The...
Industry
CME Group Waiting On Government’s Greenlight To Offer Sports Event Contracts With FanDuel
CME Group CEO Terry Duffy shed light on the company’s potential foray into sports event contracts during its Q3 2025 earnings call. If the federal government ultimately gives the nod for...
Industry
NHL’s Partnerships With Kalshi, Polymarket Raise Eyebrows Around Sports, Gambling Industries
In the latest validation of prediction markets, the NHL announced Tuesday that it has struck licensing agreements with both Kalshi and Polymarket. The NHL becomes the first major US sports...
Investments
DraftKings’ Railbird Acquisition Forges Path To Prediction Markets
This has been percolating for a few months, but DraftKings is getting into prediction markets. News of the sports betting operator’s interest in acquiring Railbird Exchange, a...
Industry
CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to...
Finance & Earnings
Kalshi’s Tarek Mansour: Embrace Crypto or Be Left Behind
While Kalshi continues to make inroads on the blockchain, the prediction market has no intention of becoming crypto-centric. Yes, Kalshi sees crypto as critical to its growth, but the...
Investments
Kalshi Announces $300 Million Investment, Massive Global Expansion
Investment keeps flowing into prediction markets. Kalshi announced today, Friday, Oct. 10, that it has “recently raised” $300 million at a valuation of $5 billion, a figure consistent...
Industry
Polymarket-ICE Deal Revolutionary for Crypto, Validating for Prediction Markets
News of Intercontinental Exchange’s potential $2 billion investment in Polymarket is reverberating through the financial and gambling communities, with execs proclaiming the deal as...
Investments
Polymarket Lands Potential $2 Billion Investment from NYSE Owner Intercontinental Exchange
Prediction markets may be in a precarious regulatory situation, but that’s not stopping the companies from attracting major financial investments. Polymarket announced today that...
Finance & Earnings
Kalshi Surpasses Polymarket In Trading Volume As John Wang Eyes Crypto Push
Kalshi has surpassed Polymarket in weekly trading volume, according to multiple reports. Boosted by its US presence as football season has kicked off, Kalshi saw $871.8 million in trades...
