North Capital Deal Expands Moonpay’s Tokenized Securities Ambitions

MoonPay is acquiring North Capital Investment Technology to bring regulated brokerage, advisory, clearing, and ATS capabilities into its infrastructure. Merger Expands Moonpay’s Reach Financial technology firm Moonpay has entered into a definitive merger agreement to acquire North Capital Investment Technology, a platform providing technology and regulated brokerage services for private markets. The acquisition will integrate […]

Senate Democrats Demand Public Hearing On Prediction Markets

TL;DR All 11 Democrats on the U.S. Senate Banking Committee have called for a public hearing on prediction markets. The request followed a private meeting between Republican committee members and Kalshi CEO Tarek Mansour. The lawmakers say securities-linked prediction products could raise issues that fall within the Banking Committee’s oversight responsibilities. Prediction markets are becoming […]

U.S. Spot Bitcoin ETFs Report $191M in Net Inflows

Bitcoin remains a focal point for investors as U.S. Spot Bitcoin ETFs recorded $191 million in net inflows on September 24, marking six consecutive days of inflows. This trend underscores the growing institutional interest in Bitcoin as traders anticipate potential market shifts. According to a tweet by Crypto commentator @WuBlockchain, the ongoing inflow streak suggests […]

Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit

Ondo Finance launched three on-chain portfolio tokens on Sept. 24 using investment strategies BlackRock developed for the company. The tokens give buyers economic exposure to diversified baskets, but they are securities issued by Ondo, not interests in BlackRock funds. Only eligible non-US investors who complete onboarding can redeem the tokens directly with Ondo, according to […]