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CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets. ARLINGTON, Va. — The CEO of Kalshi, the company at the center of a high-profile legal battle over the future of prediction markets in the U.S., said the clash won't ultimately decide whether the rapidly growing industry is overseen by states or a federal.

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You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday. Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc., CoinDesk Indices or its owners and affiliates. …and if you’re looking for bitcoin meets Broadway: Crypto is taking the stage.

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The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading. EasyA, a platform that helps developers build blockchain and artificial intelligence applications, reached a $1.1 billion valuation as it prepares to go public in the first half of next year, co-founder and CEO Philip Kwok told CoinDesk in an interview Tuesday. The platform, which was founded.

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The asset manager's crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels. BlackRock's crypto funds had a much better third quarter than first half of the year but they still have a long way to go to recover the assets lost during the broader crypto market downturn. The asset manager reported $79.6 billion in digital assets under management at the end of.

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Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between OKX and NYSE parent ICE. A Nasdaq-listed fintech company led by a former FTX Europe executive is planning to bring tokenized U.S. stocks trading onto blockchain rails under the Securities and Exchange Commission's (SEC) new regulatory framework. Perpetuals.com (PDC), headed by CEO Patrick Gruhn, filed a notice.

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Congress must decide how the U.S. can build the infrastructure its booming digital economy requires while protecting the communities that host it. The Ratepayer Protection Act recently failed a procedural vote in the U.S. Senate. With 57 senators voting to advance the measure and 43 opposed, it fell short of the 60 votes needed to move forward. This isn't the end of the story for this policy idea. It is.