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Robinhood Eyes Global Expansion of Prediction Markets After U.S. Debut

Robinhood is planning to expand its prediction markets product internationally after its recent U.S. launch in collaboration with Kalshi. The company is seeing rising demand particularly in Europe and the UK, where users have expressed significant interest in event trading. Discussions with regulators, including the UK's Financial Conduct Authority, are underway to ensure that the product complies with local regulations. This move comes on the heels of a growing interest in prediction markets, particularly driven by platforms like Polymarket, which has had substantial activity linked to the 2024 U.S. presidential election. The rise in these trades signals a broader acceptance and curiosity about event-based trading among users, and Robinhood aims to capitalize on this trend by offering a regulatory-compliant product across multiple markets.

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CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools

CoinRoutes has acquired QIS Risk for $5 million in cash and stock, aiming to enhance its institutional crypto trading capabilities. This acquisition merges CoinRoutes' algorithmic execution technology with QIS Risk's portfolio monitoring and risk analytics tools. Fred Cox, the founder of QIS Risk, will assume the role

SUI Declines 3% as $144M Token Unlock Spurs Selloff

SUI, the native token of the Sui network, dropped 3.3% over 24 hours, falling from $3.32 to $3.21. This decline was attributed to a significant token unlock event, with $143.9 million worth of tokens being released, which included 44 million tokens scheduled from September 29 to

Solana finalists: Ignition Demo Day at Singapore Token2049

During Token2049 week in Singapore, the Ignition Demo Day showcased six finalists from a total of 223 projects building on Solana, as part of Superteam Singapore's Ignition initiative. The finalists included Azza, Home Harvest, DeCharge, and Altify, each addressing unique market needs. Azza, described as a stablecoin neobank,

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