The new $1 billion investment round indicates that interest in the embattled prediction market remains.
Kalshi valuation doubles to $22 billion in latest funding round: Bloomberg
The new $1 billion investment round indicates that interest in the embattled prediction market remains.
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Silbert resigned as Grayscale chairman in 2023 when the asset manager was early in the midst of a legal battle with the New York Attorney General’s office.
The proposed bank would offer cryptocurrency custody, spot trading and staking services under direct federal regulatory supervision.
The head of the fourth-largest crypto exchange by daily trading volume also said he believes bitcoin’s four-year cycle is no longer a thing.
With EU banks exploring stablecoin issuance and regulators laying ground rules, OKX says its card marks a turning point in crypto’s integration into everyday finance.