Less than 4 hours to go. ⏰Our CEO & Co-Founder @benbybit joins @calilyliu, President of the @solana Foundation, for a fireside chat at @SolanaConf.Expect insights on where CeFi, DeFi, and Internet Capital Markets are converging next.See you at Absolute Cinema, 17:50–18:05 (UTC+4).#Bybit #CryptoArk #SolanaBreakpoint2025Bybit (@Bybit_Official):We’re excited to share that Bybit CEO and Co-Founder Ben Zhou will be joining a fireside chat with @solana Foundation President Lily Liu at @SolanaConf 2025.Looking for ...

Core Insights - JP Morgan has executed a US Commercial Paper offering for Galaxy Digital Holdings LP on the Solana network, marking one of the first debt issuances on a public blockchain [1] - The transaction was settled in Circle's USDC stablecoin, representing a significant innovation in the commercial paper market [1] Group 1: JP Morgan's Blockchain Strategy - The deal signifies a shift from JP Morgan's previous reliance on its private Onyx network and JPM Coin to utilizing Solana's public infrastructure, validating Solana's capability for institutional-grade financial products [2] - JP Morgan acted as the Arranger, creating the on-chain USCP token and facilitating delivery-versus-payment (DVP) settlement, which mitigates counterparty risk [3] Group 2: Institutional Adoption and Collaboration - The issuance exemplifies how public blockchains can enhance capital market operations, with institutions now actively transacting on blockchain technology [3] - Coinbase played a dual role as an investor and infrastructure provider, indicating a growing collaboration between traditional finance and crypto-native firms [4] Group 3: Technical Advantages of Solana and USDC - Solana was chosen for its speed, scalability, and low transaction costs, making it suitable for institutional operations that require efficiency [5] - Circle's USDC stablecoin has facilitated over $850 billion in value transfers globally, showcasing its utility in real-time settlement for compliant financial operations [6]

Core Insights - Gemini Space Station, Inc. has received authorization from the CFTC for its affiliate, Gemini Titan, LLC, to operate as a Designated Contract Market, enabling it to offer regulated event-based prediction markets to US customers [1][2] Group 1: Regulatory Approval - The approval marks the end of a five-year review process that began with Gemini's application for a DCM license on March 10, 2020 [2] - Co-founder Tyler Winklevoss described the approval as "the beginning of a new chapter" for the company, expressing gratitude towards the Biden Administration for ending what he termed a "war on crypto" [3] Group 2: Market Position - With CFTC approval, Gemini Titan joins a limited number of regulated platforms in the US, including Kalshi and Polymarket, which offer event-based trading [5] - Kalshi, founded in 2018, provides event contracts on various topics, positioning itself as a regulated alternative to offshore betting exchanges [5] - Polymarket operates on the blockchain and is the largest prediction market, recently raising $2 billion at a valuation of $9 billion [6] Group 3: Industry Trends - Prediction markets are gaining importance in traditional finance, with a recent Wall Street survey indicating optimism about their future, although some caution remains [6]

Core Viewpoint - MicroStrategy, led by Michael Saylor, continues to aggressively acquire Bitcoin despite market challenges and potential exclusion from the MSCI index, positioning itself as the largest corporate holder of Bitcoin globally [1][2][3]. Company Actions - MicroStrategy purchased an additional 10,624 BTC last week, increasing its total holdings to 660,624 BTC [2][3]. - The company has publicly criticized MSCI's proposal to exclude firms with over 50% digital assets, labeling it as "misguided" and "discriminatory" [3]. Industry Perspective - Saylor emphasizes Bitcoin as a foundational element of a new digital capital era, noting a shift in perception among major U.S. banks towards embracing Bitcoin [5]. - He argues that Bitcoin could evolve into a yield-generating credit vehicle, similar to gold's historical role in credit systems [6]. Criticism and Controversy - Notable figures, such as economist Peter Schiff, have criticized Saylor, calling him a "bigger conman" than Sam Bankman-Fried, reflecting skepticism about Saylor's vision for Bitcoin [7][8].

Core Insights - The DJT stock price has significantly declined this year due to a failed pivot to the crypto industry, struggles in its core business, and a drop in Donald Trump's approval ratings [1] Company Performance - The company's stock has collapsed as a result of its strategic shift towards the cryptocurrency sector not yielding positive results [1] - The core business of Trump Media is facing challenges, contributing to the overall decline in stock performance [1] Market Context - The decline in stock price is also linked to the decrease in Donald Trump's approval ratings, which may impact investor confidence and market perception [1]

The U.S. Office of the Comptroller of the Currency has released preliminary findings from a sweeping review into debanking practices at the country’s nine largest national banks, revealing that all of them imposed “inappropriate” restrictions on lawful businesses, including firms operating in the digital-asset sector. The review, ordered under President Donald Trump’s Executive Order on “Guaranteeing Fair Banking for All Americans,” examined practices at JPMorgan Chase, Bank of America, Citibank, Wells F ...

RT Solana Legend 🎒💧 (@SolanaLegend)The fastest companies to $100m in revenue are crypto companies, primarily built on @solana https://t.co/GxuhuxlNG1 ...

Cryptocurrency Market Integration - Sui is now included in the Bitwise 10 Crypto Index ETF (NYSE: BITW) [1] - The Bitwise 10 Crypto Index ETF (BITW) now includes Sui [1] Sui Network Highlights - Sui aims to make digital asset ownership fast, private, secure, and accessible [1]

Core Viewpoint - The US IPO market is experiencing heightened activity as companies prepare to go public, driven by stock markets nearing record highs and the resolution of previous delays due to the government shutdown [1]. Group 1: IPO Market Activity - The US IPO volume, excluding SPACs and closed-end funds, is expected to exceed $40 billion this year, with Medline Inc.'s IPO potentially raising $5.37 billion, marking it as the largest global debut [2]. - The anticipated IPO volume for 2025 is projected to be significantly higher than last year's figures, although still below the $100 billion levels seen in 2020 and 2021 [3]. - There is a notable increase in IPO pitch activity across various industries, with a more defined list of potential early-year debutants, enhancing the prospects for a strong start in 2026 [4]. Group 2: Companies Preparing for IPOs - A considerable number of companies are preparing for US listings, including Ethos Technologies Inc., Grayscale Investments Inc., and York Space Systems Inc., with many likely to target 2026 for their IPOs [5]. - Other companies considering IPOs but not yet publicly filed include Kraken and Alphonso Inc., along with Bill Ackman's closed-end fund and EquipmentShare [6]. Group 3: Market Sentiment and Predictions - Optimism exists for a strong start to the first quarter of 2026, as several companies transition from the fourth quarter, indicating a continued upward trend in IPO volumes [7]. - High-profile tech companies like SpaceX may influence the IPO landscape, with expectations that at least one or two will pursue public offerings [8]. - The performance of recent IPOs has been mixed, with some underperforming compared to the S&P 500 Index, which may affect investor sentiment towards upcoming IPOs [10]. Group 4: Investor Behavior and Pricing - IPO discounts are expected to remain at the higher end of recent ranges at the beginning of the year, leading to cautious investor behavior [11]. - There is a focus on accurate pricing of IPOs to meet investor expectations, as past performances have shown both significant successes and notable failures [12].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]