Prediction markets draw Wintermute as crypto firms chase liquidity

Crypto.com and the U.S. SailGP Team signed a multi-year deal naming OG as Official Prediction Market Partner. OG Prediction Markets runs on a CFTC-regulated platform, giving it a compliance edge over unregulated competitors globally. The partnership launches as several jurisdictions tighten rules around prediction markets, testing regulated crypto products in sports. Crypto.com and the United […] The post Crypto.com and SailGP Launch New Crypto Prediction Markets Partnership appeared first on Live Bitcoin News.

Kalshi's strategic hire enhances regulatory trust, potentially setting a precedent for increased oversight and legitimacy in prediction markets. The post Kalshi hires former FBI analyst Tyler Neff for surveillance unit appeared first on Crypto Briefing.

The XRP Ledger Foundation has introduced a new draft proposal that could significantly expand how trading and liquidity work on XRP’s decentralized exchange (DEX). The proposed update, called AMM Swappable Curves, will allow XRPL users and liquidity providers to choose different pricing models when creating liquidity pools. This would mark a major upgrade to XLS-30, […]

Citadel's record trading revenue amid volatility highlights potential market dominance, raising systemic risk concerns in both traditional and crypto markets. The post Citadel Securities reels in record $4.3B trading haul as volatility mints money appeared first on Crypto Briefing.

Crypto.com and OG Prediction Markets have signed a multi year global partnership with the United States SailGP Team, ahead of this week’s New York Sail Grand Prix, bringing CFTC regulated prediction markets directly into elite foiling yacht racing for the…

Wintermute is providing liquidity on the two biggest prediction markets, linking flows for both firms, according to a source familiar with the matter.

Wintermute's entry into prediction markets could enhance liquidity and credibility, potentially influencing institutional risk assessments and strategies. The post Wintermute becomes liquidity provider for prediction markets appeared first on Crypto Briefing.

The company's new tools could bring AI-driven trading and financial transactions into the mainstream.