Finance
Kalshi has raised more than $1 billion in fresh capital, doubling its valuation to approximately $22 billion within months. The funding underscores accelerating investor demand for regulated prediction market infrastructure despite mounting legal challenges. The round is led by Coatue Management, according to reporting from The Wall Street Journal and
DeFi
The World Gold Council has proposed a unified infrastructure to standardize tokenized gold markets, aiming to align digital issuance with physical custody systems. The initiative signals growing institutional focus on real-world asset (RWA) tokenization beyond crypto-native frameworks. Outlined in a March 18 white paper, the proposed “Gold as a Service”
Markets
A bitcoin wallet dormant for over 13 years moved 2,100 BTC worth roughly $147.7 million, marking one of the largest recent reactivations of early holdings. The transfer highlights renewed activity among long-term holders as market conditions evolve. The transaction occurred at 10:27 a.m. UTC, according to
Finance
Coinbase has launched stock perpetual futures tied to major U.S. equities, extending 24/7 trading access to global users. The move deepens its push to unify crypto and traditional assets within a single derivatives venue. The products are available to eligible users outside the United States and include exposure
Blockchain
Gemini faces a class action lawsuit alleging its IPO disclosures misrepresented core business strategy and growth plans. The case introduces fresh legal risk as public crypto firms face heightened scrutiny over post-listing pivots. Complaint – #1 in Methvin v. Gemini Space Station, Inc. (S.D.N.Y., 1:26-cv-02261) – CourtListener.comCOMPLAINT
DeFi
Long-term bitcoin holders reduced selling activity across all age cohorts in March, signaling easing distribution pressure in the market. The shift points to a more stable supply dynamic at a time of macro-driven volatility. VanEck reported that transfer volumes from long-term holders declined month-over-month, indicating fewer coins moving to market.
Finance
Bluesky disclosed a previously unannounced $100 million Series B round, highlighting sustained investor conviction in decentralized social infrastructure. The delayed reveal comes as the network scales rapidly and undergoes a leadership transition. The April 2025 round was led by Bain Capital Crypto, with participation from Alumni Ventures, Anthos Capital, Bloomberg
Markets
Morgan Stanley has moved closer to launching a spot bitcoin exchange-traded fund after submitting a second amended S-1 filing to the U.S. Securities and Exchange Commission. The update signals continued institutional momentum in crypto product development, even as final approval remains uncertain. The amended filing confirms the proposed Morgan
What Deflation Really Means Deflation is a broad decline in the prices of goods and services across an economy. At first glance, it sounds like a win. Your money stretches further, and everyday items become cheaper. But the story doesn’t end there. When prices keep falling over time, it
Blockchain
Celo has proposed allocating 160 million CELO tokens to Opera. The grant, equal to 16% of total supply, would reshape the partnership into a long-term strategic alignment. The Celo proposal would transfer roughly $12 million in tokens from its treasury to Opera, subject to community approval. The move follows an
Finance
Amundi has launched a $100 million tokenized fund across two blockchains. The move reinforces institutional adoption of tokenized real-world assets (RWA) as infrastructure shifts toward onchain settlement. The Spiko Amundi Overnight Swap Fund (SAFO) uses Chainlink for automated NAV reporting & secure cross-chain interop. SAFO features an EU‑regulated UCITS
AI
Visa is testing payment systems where AI agents initiate transactions. The initiative reflects a structural shift in how financial networks verify intent and process purchases without direct human input. The Visa “Agentic Ready” program is being rolled out in Europe with partners including Commerzbank and DZ Bank. The effort focuses