Intercontinental Exchange invests an additional $600 million into Polymarket, bringing its total investment to $1.64 billion

BTC-3,32%
STETH-2,99%
LDO5,86%

Gate News reported that on March 28, the Intercontinental Exchange (ICE) added a $600 million investment to the prediction market platform Polymarket, bringing its total investment in Polymarket to $1.64 billion.

Former U.S. President Trump stated that Bitcoin holds significant importance, and the U.S. needs to maintain a lead in this area. Yi Li Hua commented that the crypto market has been disappointing over the past four years and lacks disruptive innovation.

On the regulatory front, a U.S. congressional office plans to release a draft on stablecoin earnings terms next week, and the crypto industry is preparing a counterproposal. Ripple’s CEO revealed that the CLARITY Act may be delayed until May, and Ripple has invested approximately $4 billion in the crypto ecosystem. The Governor of California signed an executive order prohibiting public officials from using insider information to participate in prediction market trading.

The U.S. Secretary of State noted that Iran may decide to establish a toll collection system in the Strait of Hormuz.

a16z crypto partner pointed out that the crypto industry is entering the “shirt era,” and the integration of blockchain and AI will drive the development of on-chain agent payments.

In DeFi, Lido initiated a proposal to buy back up to 10,000 stETH to repurchase LDO tokens. Additionally, Ripple and Stellar founders jointly invested $1 billion, planning to develop artificial general intelligence (AGI) through research on the mechanisms of the human brain.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments