🔸 Kalshi is receiving funding offers from VCs at over $10B valuation, just weeks after raising $300M at $5B, per Bloomberg.
🔹 Real estate tokenization firm Propy is putting $100M into US expansion, using blockchain and AI to streamline the industry.
🔸 Blockchain throughput has surged 100x in five years to over 3,400 transactions per second, rivaling Nasdaq and Stripe at a fraction of the cost.
🔹 Bloomberg reports OpenAI is building an “AI banker” called Project Mercury to automate financial modeling with help from over 100 former Wall Street analysts.
🔸 Jim Cramer predicted a sharp crypto rally today, though his forecasts often prove wrong.
🔹 T. Rowe Price files for actively managed crypto ETF.
🔸 Crypto exchange Kraken reported Q3 revenue of $648 million, up 114% year-over-year.
🔹 Binance launches USD deposits and withdrawals via BPay Global, licensed by the Central Bank of Bahrain, with a limited 1:1 USD–USDC offer.
🔸 Crypto trading firm FalconX is acquiring 21Shares, one of the largest crypto ETF manager.
🔹 Hong Kong gives the green light to its first Solana spot ETF.
