Business

Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion. Source link

The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets. Source link

Key Takeaways Reuters reports that Kalshi is purportedly negotiating a $1 billion raise at a $40 billion valuation, up eightfold since October. Reportedly, Sequoia and Wellington are discussing leading Kalshi’s latest round as institutional trading […]