Category: crypto

ICE is investing $2 billion in Polymarket, valuing the company at $8 billion. They will distribute Polymarket’s event-driven data to institutional clients globally. The deal signifies a major institutional endorsement of decentralized prediction markets. Polymarket’s CEO views the partnership as a step towards bringing prediction markets into the financial mainstream.

U.S. stocks opened slightly higher on Tuesday with the Dow rising, and gold spiked to a record $4,000. Wall Street’s positive momentum continues with the major indexes at new highs. The upbeat market follows seven straight winning sessions. Mega deals in AI market boost tech stocks, while uncertainty around the U.S. government shutdown persists.

CleanCore Solutions holds 710 million Dogecoin with $20 million in gains. The company plans to accumulate 1 billion Dogecoin and has support from Dogecoin insiders and House of Doge. The firm received backing from Bitstamp and secured a $175 million private placement to continue its Dogecoin accumulation strategy.

S&P Global is launching the S&P Digital Markets 50 Index, combining cryptocurrencies and public equities from companies in the blockchain ecosystem. The index includes 15 cryptocurrencies and 35 crypto-linked equities. It aims to meet increasing demand for diversified exposure to digital assets globally, allowing investors to access both U.S. equities and digital assets in one…

Opera browser has partnered with crypto news site Decrypt to feature its news on Opera’s platforms, aiming to educate users on Web3. Both companies are committed to blockchain education and hope to bring blockchain and Web3 news to millions of potential new users worldwide. Opera has launched several crypto initiatives in the past.

Plume has launched the Global RWA Alliance with partners WisdomTree, Morpho, and Centrifuge to expand the tokenized-assets market. The alliance aims to drive adoption of real-world assets on-chain and address issues such as lack of standards and infrastructure gaps. It targets global reach and growth opportunities for investors.

AiRWA has received $30 million in Solana tokens to enhance its exchange infrastructure and introduce tokenized U.S. equities on the blockchain. The investment aims to provide fast trading of traditional assets for crypto users. AiRWA plans to offer 24/7 trading and on-chain settlement of tokenized equities to merge traditional markets with blockchain technology.

BNB’s market cap has surpassed XRP and USDT, reaching an all-time high of $1,336.57. The battle for altcoin dominance continues as BNB’s market cap stabilized at $180 billion. Traders are questioning whether BNB’s rally is sustainable or fueled by speculation. XRP needs a bullish case to flip BNB again.

XION, a consumer-centric blockchain, has integrated with Fireblocks, a digital asset custodian, to bring its walletless experience to over 2,400 financial institutions. This integration allows for mass institutional adoption of XION and enables evaluation of counterparty risk, settlement speed, and custody controls for large institutions.

Pineapple Financial has launched its $100 million Injective Digital Asset Treasury with an $8.9 million purchase of 678,353 INJ tokens. The company plans to stake the tokens to generate yield and integrate Injective’s infrastructure into its mortgage finance operations. This move comes as institutional interest in Injective grows.