Author: NBTC

Intercontinental Exchange has signaled it may put more money into Polymarket’s next funding round after building a $1.64 billion stake in the prediction market platform. Bloomberg reported Thursday that ICE Chief Executive Officer Jeff Sprecher said the New York Stock Exchange parent would consider participating if its involvement could help Polymarket complete the round. “We’ll look at it, if it would help the round in order to have our imprimatur on it, we are always interested,” Sprecher told Bloomberg Television. ICE may join Polymarket’s new funding round Polymarket is seeking fresh capital at a valuation above $20 billion, according to…

Grayscale’s Zcash ETF (Ticker: ZCSH) listing began on NYSE Arca on Tuesday (August 25). According to Grayscale, ZCSH is the first ETF to provide spot access to Zcash ($ZEC), thus allowing the privacy-oriented cryptocurrency to be traded through a regular brokerage account, as no regulated products have made use of it until now. Having seen the usage of spot ETFs by institutions to accumulate Bitcoin and Ether holdings in 2026, the crypto market understands the possible direction where this trend is headed now. Privacy currencies have to face a different regulatory system than those which are used for major currencies;…

Cardano founder Charles Hoskinson has offered a bullish assessment of the Clarity Act following his recent engagement with U.S. policymakers. He said continued crypto investment and industry discussions could help push the legislation over the line in September. Speaking in a recent interview with David Gokhshtein, Hoskinson said the bill has undergone significant changes. He added that he has been involved in efforts to improve it. “Crypto money is coming in, and that keeps things like the Clarity Act alive,” Hoskinson said. “I’ve had many conversations to try to get it into a better shape.” He is now looking toward…

Robinhood (HOOD) began allowing eligible UK customers to buy and sell more than 50 cryptocurrencies in its main investing app this week. Trades are routed via Bitstamp, the exchange it acquired for $200 million last year. British retail investors can already access stocks, ISAs, options, and futures on the platform. Zero trading fees, but an FX charge still applies Robinhood’s offer has no trading fees, charges to keep an account, or fees for custody. It charges users for currency conversion. UK users pay a 0.1% foreign exchange fee, and that climbs to 0.3% on some weekend conversions. The listed coins…

POSCO International, South Korea’s largest trading company, is pushing deeper into tokenized trade finance, completing a transaction that turned real-world receivables into digital assets on an Avalanche-based ($AVAX) blockchain network just one month after a similar pilot on Injective. The firm’s U.S. arm worked with trade finance platform Olea and asset-backed finance technology firm Intain on the transaction, the companies said Tuesday. Intain used artificial intelligence to reconcile invoices, purchase orders, credit notes and shipping documents before verifying and recording the receivables on its Layer-1 network built on Avalanche ($AVAX). Trade receivables are money owed to a company after it…

U.S. Treasury Secretary Scott Bessent confirmed Sunday that the U.S. joined Japan in coordinated foreign exchange intervention last Friday, calling it a move to counter “disorderly yen movements.” The USD/JPY pair almost hit 164 its weakest level since 1986 before snapping back to 156.5 on Monday. “We will not hesitate to participate in further joint intervention,” Bessent wrote on X, adding that the U.S. “strongly supports Japan’s decisive market and monetary steps to correct the substantial undervaluation of the yen.” For the crypto market, August 2024 marked a bloodbath caused by the unwind of the yen carry trade. When the…

Beldex, a privacy-focused blockchain infrastructure company, has raised $8 million in a new funding round, bringing its total capital raised to $36 million. The company is working on encryption tools aimed at artificial intelligence agents alongside its existing suite of privacy products. The round was led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund and EAK Ventures. It follows two earlier rounds from DWF Labs and Block Alpha that brought in a combined $28 million in 2023. Vineet Budki, managing director and CEO at Sigma Capital, said the firm was drawn to Beldex’s history in the space.…

The biggest name in US politics not on the ballot this election cycle, President Donald Trump, has inserted himself into the conversation as America heads to the polls to choose its next Congress, with crypto and artificial intelligence regulation stakes on the line. As if Trump’s return to the campaign trail was not enough splash, he is also reportedly coming with his $400 million MAGA Inc. super PAC war chest to join the Republican fight to retain Congress majority. The biggest financiers of this election cycle have their futures directly tethered to results. The crypto industry needs a Republican majority…

Robinhood has continued to maintain a strong record in its onchain performance as the new blockchain still retains momentum amid active usage in the RWA ecosystem. While momentum remains strong, Robinhood has continued to see an impressive surge in its RWA transfer volume per the latest data from the Real-World Asset Foundation. Robinhood hits $1.6 billion milestone Per the data, Robinhood’s RWA transfer volume has surged massively to $1.65 billion, marking an explosive increase of 3,201.20% over the last month. While the four-digit surge in the metric is significant for the platform, it represents the rapid growth in the value…

Blockchain financial infrastructure firm tZERO Group has entered a strategic partnership with the Sui network, announcing a direct integration that will allow Sui-based projects and institutional issuers to access a suite of regulated services, according to FinanceWire. The collaboration is designed to bridge the gap between traditional finance and blockchain by providing token issuance, transfer agency, custody, trading, compliance monitoring, and settlement services within tZERO’s established regulatory framework. What the Partnership Entails The integration enables projects built on Sui to leverage tZERO’s infrastructure without having to independently develop or maintain separate regulatory and custody systems. This means that issuers can…