Cointelegraph·
The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny.
Read full articleThe NSE IPO highlights liquidity for existing investors, raising questions about future growth prospects and competitive market dynamics. The post National Stock Exchange of India files for IPO, boosting billionaire investors appeared first on Crypto Briefing.
Databricks' choice to remain private highlights a strategic shift in tech firms prioritizing long-term growth over immediate public market pressures. The post Databricks opts for private funding over IPO amid market lull appeared first on Crypto Briefing.
MEXC, a pioneer in 0-fee digital asset trading, reported that daily trading volume for SPCX futures peaked at over 800 million USDT. Following SpaceX’s IPO, SPCX futures trading has continued to surge, with average daily trading volume in the three days post-IPO growing nearly 7 times compared to pre-IPO levels.
In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours.. The post Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.
Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with investment banks about a potential initial public offering, according to a report from The Information. The Information, citing people familiar…
Pierre Lindh, co-founder of iGaming media group Next.io, says Sportradar’s data deal with Kalshi is another step toward legitimizing prediction markets – but argues the sector’s insider-trading problem may be structurally impossible to fix. Sportradar ‘Takes Sides’ In Industry Standoff When Sportradar agreed to supply official data and integrity tooling to Kalshi this month, the […]
Kalshi's potential IPO could reshape the prediction market landscape, attracting institutional investors and increasing market legitimacy. The post Kalshi said to hold early talks with banks for potential IPO as annualized revenue triples to $2B appeared first on Crypto Briefing.
CFTC and SEC seek public input on swaps definitions as CME sues the CFTC over crypto perpetual futures approvals and Kalshi products.
