Kalshi raises $1B at $22B valuation as trading volume triples
Institutional trading volume jumped 800% in six months to $178B annualized — the funding is the easy story; the Wall Street shift toward event contracts is the harder one.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
Institutional trading volume jumped 800% in six months to $178B annualized — the funding is the easy story; the Wall Street shift toward event contracts is the harder one.
Each venue uses its own market maker and underlying structure, so a single equity is now trading at three meaningfully different marks on the same day.
Three rounds in seven months, with valuations roughly doubling each time — a growth pace that puts Kalshi in the same conversation as Polymarket and the broader prediction-market sector rushing to…
The price tag is eye-catching, but the harder signal is the institutional build-out — block trading, risk products, broker rails — and an 800% surge in institutional volume over six months.
The handoff marks Bitwise's official entry into tokenized funds, with USCC's smart contracts and token address preserved — and Superstate pivoting to pure onchain infrastructure via FundOS.
Day 3 brings Trump Jr. and Zach Witkoff to the World Liberty Financial stage, Tom Lee's keynote, and a Senate Banking markup timeline that Patrick Witt pegged as achievable within four weeks.
Payward is now past $2.6B across three headline deals this cycle — and this one hands it a stablecoin payments foothold in Asia, the region co-CEO Arjun Sethi calls its fastest-growing outside Europe.
Abiodun used the Consensus 2026 stage to frame Sui as a future default payments rail — but the network is still working through recent validator stalls and a token 81% below its 2025 high.
Federal investigators at the DOJ and CFTC are examining a series of oil trades flagged as suspiciously timed ahead of…
It's Bitwise's first tokenized fund and Superstate's exit from running its own vehicles — a clean handoff that consolidates the $30B RWA rail around infrastructure-only plays.
Kraken's first infrastructure acquisition on the ground in Asia pairs its global exchange footprint with Reap's cross-border stablecoin settlement stack at a moment Payward is also telling investors…
The headline number flatters the unit: a brokerage-style principal model inflates gross revenue, and the GENIUS Act forces SoFiUSD into a separately regulated entity before the stablecoin can scale.
The $10 bump is small; the real signal is BTC Yield estimates jumping to 18.2% for FY26 from 16.7% — and the analyst's dismissal of the 'perpetual dilution' concern that has capped the multiple since…
Commodity perps are a strategic beachhead for Coinbase Derivatives, signalling intent to apply the perp engine beyond crypto while the US books quietly work toward 24/7 trading.
The deal puts a stablecoin-native cross-border payments stack — and the U-card rails behind it — inside a $20B-valued crypto exchange parent, accelerating Payward's push beyond spot trading.
$10B issued in under a year, and the framing at Consensus Miami points to 1% of a $300T global credit market — double today's Bitcoin market cap if it lands.
Sethi pegged the institutional shift at 5–10 years, not 5 months — and pointed to fintechs in Mexico, Brazil, Africa, and Southeast Asia as the actual demand today, not US broker-dealers.
Multicoin Capital and Cypherpunk Technologies disclosed ZEC positions worth hundreds of millions on a single session that saw $1B in open interest and $62M in short liquidations — a narrative trade…
A new batch of confirmed token generation events is taking shape for 2026, with six projects now publicly committed to…
The market grew 60% in a year and 168 new assets launched — yet 77.6% of them remain wrappers around traditional rails, and stablecoins account for 91.6% of the value.