Browsing Tag
Commodity Futures Trading Commission
5 posts
Polymarket is suddenly worth $21bn, and the hardest question is whether prediction markets are finance or gambling
Polymarket is seeking about $1 billion at a $21 billion valuation, with 1789 Capital committing roughly $300 million. The financing values the prediction-market platform at less than rival Kalshi but implies a paper value of about $4.6 billion for Intercontinental Exchange’s reported 22% stake. The harder question is whether billion-dollar annualised revenue can survive state-level legal battles, market-integrity scrutiny and a shift from speculative trading toward institutional financial infrastructure.
FalconX buys bloXroute as onchain capital markets race shifts from access to execution speed
FalconX has acquired bloXroute to bring blockchain networking infrastructure directly into its institutional prime brokerage platform. The strategic logic is clear, but integration, infrastructure neutrality and undisclosed deal economics will determine whether the acquisition creates durable value.
Payward completes Bitnomial acquisition to build regulated U.S. crypto derivatives stack
Crypto wants leverage, regulators want control. Payward’s Bitnomial deal may test whether both can fit inside one CFTC-regulated stack.
Payward’s Bitnomial acquisition shows Kraken is building infrastructure, not just buying growth
Kraken parent Payward is buying Bitnomial for up to $550 million. Read why this deal matters for U.S. crypto derivatives and market structure.
Futures, crypto, and more: Why Kraken’s $1.5bn NinjaTrader deal could reshape markets
Kraken’s $1.5 billion acquisition of NinjaTrader signals a new era in trading, merging crypto and futures markets. Find out what this means for traders today.