Jump Capital has closed its eighth institutional fund with $350 million in capital commitments, with the new vehicle dedicated to backing founders …
Bets
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PayPal’s board looked at a $53 billion buyout offer from Stripe and Advent International and said no. That rejection, formalized on July …
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Markets
$1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF
by shayaanby shayaanT. Rowe Price launched what it says is the industry’s first actively managed multi-token spot crypto ETF, offering diversified exposure to digital …
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Markets
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
by shayaanby shayaanShunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on …
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Finance
Why retail investors are ditching broader index bets for selective trades
by shayaanby shayaanRetail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as …
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Markets
Polymarket bets on U.S. marketing blitz to win back trust after 4-year ban: Report
by shayaanby shayaanThe prediction market’s head of U.S. operations says the business is taking steps to legitimize itself after years of legal scrutiny. www.coindesk.com
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The U.S. Securities and Exchange Commission (SEC) is doubling down on its ambitious Project Crypto initiative as it seeks to reverse years …
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Markets
Americans traded $571 million on Polymarket politic bets despite U.S. ban
by shayaanby shayaanU.S.-linked wallets traded $571 million in political contracts over the past year, more than any other country, even though the platform legally …
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Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp, a publicly traded special purpose acquisition company, allowing it to …
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In brief Dozens of mostly college-age creators were paid to film fake bets, and sometimes fake wins, on near-identical copies of the …