Kalshi raises $1B in latest funding round, lifting valuation to $11B: NYT

Canary Capital has launched the HBAR ETF on Vanguard's platform, allowing investors to access Hedera's cryptocurrency through their brokerage accounts. This move marks a significant step in making cryptocurrency investments more accessible to a broader audience.

Kraken has announced its acquisition of Backed Finance, a strategic move aimed at enhancing its tokenization strategy and potentially accelerating the integration of traditional finance with blockchain technology. This acquisition is expected to bolster institutional adoption of cryptocurrencies.

Kalshi has launched tokenized event contracts on the Solana blockchain, marking its strategic entry into the crypto market to attract traders who have previously engaged with platforms like Polymarket. This move allows users to buy and sell tokenized representations of event contracts, enhancing trading flexibility and accessibility.

BlackRock has transferred 1,633 Bitcoin to Coinbase Prime, underscoring the evolving landscape of institutional cryptocurrency management amid a competitive environment for exchange-traded funds (ETFs). This transfer reflects BlackRock's ongoing engagement with digital assets as part of its investment strategy.

The US Securities and Exchange Commission (SEC) is set to introduce an innovation exemption for cryptocurrency firms in January, a move that could significantly boost the adoption of crypto technologies in the United States. This exemption aims to streamline regulatory processes for innovative blockchain projects, potentially positioning the US as a leader in the global crypto landscape.

Bank of America has recommended that investors allocate up to 4% of their wealth portfolios to cryptocurrencies, indicating a significant shift towards institutional acceptance of digital assets. This recommendation reflects a growing recognition of cryptocurrencies as a viable investment option within traditional wealth management strategies.

An Ethereum ICO participant has sold 23,000 ETH within a week, a move that may indicate shifting market confidence and could influence Ethereum's price stability and investor sentiment. This significant sale follows a period of heightened trading activity in the cryptocurrency market.

Kalshi has launched tokenized event contracts on the Solana blockchain, aiming to attract liquidity from the cryptocurrency community as prediction markets gain traction in the U.S. This integration allows users to engage with event contracts in a decentralized manner, enhancing accessibility and participation.