Fireplace, an expert buying and selling terminal purpose-built for prediction markets, has raised $1.5 million in a pre-seed spherical led by Frachtis, with participation from White Star Capital and a mixture of enterprise and angel buyers by way of Legion and Echo syndicates. The pitch is simple: prediction markets have scaled very quick, however their…
Bitwise formally entered the prediction market ETF race, submitting with the US Securities and Exchange Commission (SEC) on Tuesday to launch a brand new suite of exchange-traded funds based mostly round US elections. The ETFs search to be issued beneath a devoted model known as PredictionShares, in accordance to the filing, with the proposed ETFs…
Robinhood CEO Vlad Tenev kicked off the IPO roadshow for the corporate’s first-ever enterprise fund immediately, calling it “the subsequent entrance in our mission to democratize finance for all.” Robinhood Ventures Fund I ($RVI) will give retail buyers entry to purchase shares in non-public corporations by way of a publicly traded closed-end fund, with no…
Opinion has raised $20 million in a pre-Series A spherical, indicating rising investor conviction that onchain settlement is turning into the defining infrastructure layer for prediction markets. The funding spherical was backed by Hack VC, Jump Crypto, Primitive Ventures, Decasonic, and different buyers, in accordance to the corporate. Opinion is positioning itself round onchain settlement…
Crypto’s IPO market is again, however the firms main the cost aren’t those most uncovered to token volatility. BitGo priced its preliminary public providing on Jan. 21 at $18 per share, elevating $212.8 million and valuing the custody platform at $2.08 billion. Shares opened the subsequent day at $22.43, a 24.6% bounce that pushed the…
XRP is ending 2025 with one of the vital paradoxical profiles within the crypto market, due to record-breaking institutional inflows colliding with one of many weakest worth charts. According to CoinShares data, XRP funding merchandise attracted roughly $70.2 million in web new cash within the ultimate buying and selling week of December. This pushed its…
When Circle’s shares opened at $69 on the New York Stock Exchange in June, greater than double the $31 pricing, it appeared like validation. Investors paid up for a regulated stablecoin issuer with actual revenues, treating USDC rails as monetary infrastructure quite than speculative crypto publicity. Six months later, Circle trades at $82.58, up almost…
DeFi venture Gondor has raised a brand new $2.5 million pre-seed spherical in December 2025, including contemporary momentum to its push to turn into the core lending layer for on-chain prediction markets. The spherical included participation from Prelude, Castle Island Ventures, and Maven11, with continued backing from the Polymarket ecosystem. We raised $2.5M to construct…
The federally-regulated prediction market is rolling out tokenized variations of its occasion contracts on Solana, enabling merchants to purchase and promote their Kalshi positions – similar to some other on-chain asset. The transfer appears to be like like a direct swing at Polymarket, which till now has owned the lion’s share of on-chain prediction market…
AsiaStrategy stated Sora Ventures CEO Jason Fang is now its largest shareholder following a change to the possession of its main shareholder, Pride River Limited. According to an organization assertion dated Nov. 10, Pride River’s cap desk will shift beneath an settlement signed Nov. 7. It will transfer from 70% held by Mr. Ngai Kwan…