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Why Pro Athletes Are Betting on Bitcoin, Crypto & Prediction Markets
Bankless· 2025-10-27 10:30
Crypto Adoption & Trends - NBA star Tristan Thompson and Coinbase CLO Paul Grewal discuss the increasing interest of professional athletes in Bitcoin, crypto, and onchain prediction markets [1] - The discussion covers stablecoin rewards following the Genius Act, highlighting the industry's focus on consumer yield and staking [1] - Tristan Thompson introduces his new onchain application, basketballfun, indicating a move towards integrating crypto with sports and entertainment [1] Regulatory Landscape - The conversation addresses the regulatory paths for prediction markets, comparing the CFTC's approach with state-level regulations [1] - The report mentions "Anti-Crypto Democrats," suggesting political challenges and varying opinions on cryptocurrency within the government [1] - The report references Gary Gensler's deleted texts, potentially hinting at scrutiny and transparency concerns within regulatory bodies [1] Company & Product Promotion - Bankless promotes Fraxnet for minting, redeeming, and earning [1] - Bankless promotes Uniswap for swapping on Unichain [1] - Bankless promotes Mantle as a modular L2 network [1] - Bankless promotes KGEN, encouraging users to request a demo [1] - Bit Digital ($BTBT) is promoted for its ETH treasury, with Bankless disclosing compensation for promoting the company [1]