Author: CryptoGlobeToday.com

TLDR: Polymarket is targeting a $400M funding round at a $15B valuation, a 67% jump from its October 2025 figure.  Total new financing could reach $1B as Polymarket looks to add strategic investors alongside existing backer ICE.  Prediction market monthly volumes surged from $1.2B in early 2025 to over $20B by January 2026, per TRM Labs.  Regulatory pressure mounts as U.S. senators push the Prediction Markets Are Gambling Act to restrict certain contracts. Polymarket is seeking to raise $400 million at a $15 billion valuation, The Information reported Sunday. The decentralized prediction markets platform is in active talks with investors…

Charles Schwab has shown interest in entering prediction markets as part of its wider product review. Chief executive Rick Wurster told investors that the company is considering whether to offer such services in the future. Summary Schwab considers prediction markets but excludes sports, politics, and entertainment-related betting products. Citadel Securities monitors prediction markets growth but notes low liquidity limits current participation plans. Both firms see potential in event contracts for hedging financial and portfolio-related risks. Wurster said prediction markets were “not of tremendous interest” among some clients when discussed recently.  He also noted that Schwab would “take a hard look…

A US federal judge has dismissed a class-action lawsuit linked to a memecoin promoted by Caitlyn Jenner.  Summary US judge ruled Caitlyn Jenner memecoin did not qualify as security under investment contract standards. Court said investors failed to prove pooled funds or structured financial returns linked to token. Lawsuit claims involving token promotions and donations were rejected and case dismissed from federal court. The court found that the claims did not meet the legal standard required to classify the token as a security under US law. Judge Stanley Blumenfeld Jr. stated that the complaint failed to show that the token…

TLDR: Tennessee bill allows up to 10% of public funds in Bitcoin with a strict annual purchase cap in place. The proposal mandates cold storage and multi-party custody to improve security of state-held Bitcoin assets. Only Bitcoin is permitted under the bill, excluding all altcoins from state investment strategies. On-chain proof of reserves is required to ensure transparency and public verification of holdings. Tennessee is moving closer to integrating Bitcoin into its public finance framework after a proposed reserve bill advanced to the Senate Finance Committee. The measure sets strict rules for allocation, custody, and acquisition, with a potential start…

Flow Capital Partners is set to bring its $150 million private credit fund to the DigiFT tokenization platform by the end of April. Summary Flow Capital Partners will move its $150 million private credit fund onto the DigiFT tokenization platform by the end of April as part of a plan to reach $250 million in assets by 2026. Total market capitalization for real-world assets climbed to a record $58 billion this month, with Ethereum-based tokenization alone growing 200% year-over-year. Bloomberg reported Friday that the Hong Kong-based asset manager will offer on-chain shares of the fund, which originally debuted in June…

Bitcoin has reclaimed and held above the $75,000 region after the latest rebound, but derivatives data shows the recovery lacks broad conviction. Bitcoin In The Middle Of A Credibility Problem Bloomberg claims Bitcoin has a credibility problem right now. Funding rates on perpetual futures have stayed negative for around a month and a half, meaning leveraged traders are still paying to stay short even as spot grinds higher. This divide ranks among the largest this year between spot price action and how derivatives traders are positioned. Bitcoin has climbed about 14% off its April lows, helped by renewed inflows into…

TLDR: Grinex halted operations after a cyberattack drained over $13M in user crypto wallets. Elliptic traced rapid USDT transfers across TRON and Ethereum networks post-breach activity. The exchange is linked to Garantex, previously sanctioned for illicit crypto transaction flows. On-chain data shows $15M in suspicious transfers executed shortly after the hack incident. Grinex suspended operations after a large-scale cyberattack drained more than 1 billion rubles, or roughly $13.1 million, from user wallets. The exchange linked the incident to what it described as a coordinated intrusion targeting its infrastructure.  Grinex also pointed to foreign intelligence services as the source of the…

Rave DAO (RAVE) and Siren (SIREN) were among the day’s winners, once again showing that tokens were a major target for rallies. Both tokens received warnings of potential market manipulation.  Rave DAO (RAVE) and Siren (SIREN) both traded near all-time highs after another upward leg of record rallies. The tokens have sustained that pace in the past week, sparking suggestions of an organized pump. Tokens with this type of price action often require significant efforts from market makers and coordinated trades that may benefit insiders. RAVE DAO extended its rally close to $19, despite the warnings of significant insider trading.…

TLDR Morgan Stanley’s Bitcoin ETF, MSBT, is set to begin trading tomorrow on NYSE Arca. The trust will track the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate. MSBT will hold Bitcoin directly and will not use leverage or active trading. The ETF has an annual sponsor fee of 0.14%, which is lower than most competitors. Coinbase and BNY will serve as the trusted custodians for the Bitcoin holdings. Morgan Stanley’s Bitcoin ETF is set to begin trading tomorrow on the NYSE Arca under the ticker MSBT. The U.S. Securities and Exchange Commission (SEC) declared the Morgan Stanley Bitcoin Trust…

TLDR: Arizona must pause criminal charges against CFTC-regulated prediction markets after the federal TRO order. The CFTC says federal law grants exclusive authority over event contracts and market enforcement. Connecticut and Illinois now face similar federal lawsuits over state prediction market restrictions. The ruling strengthens legal momentum for federally supervised crypto-linked trading platforms. A federal judge in Arizona temporarily halted the state’s criminal case against federally regulated prediction markets on Friday. The order came after the Commodity Futures Trading Commission asked the court to stop Arizona’s enforcement push.  The ruling preserves the status quo while a broader federal preemption fight…