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1) Galaxy Digital has launched an institutional OTC prediction markets trading desk, expanding its trading business into event-contract markets and enabling large investors to execute prediction market positions off-exchange.
The offering initially supports contracts listed on Kalshi and Polymarket, with Galaxy acting as principal counterparty and allowing clients to pair prediction market exposure with hedges across equities, commodities and other asset classes.
Galaxy said it has already facilitated a $10M trade with crypto hedge fund Arca tied to the outcome of the CLARITY Act, providing institutional-scale liquidity for a market that has historically been dominated by retail traders.
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2) Strategy's disclosure of its first sale of BTC in years sparked controversy in Polymarket's "MicroStrategy sells any Bitcoin by May 31, 2026?" market, which has generated more than $120M in trading volume and is currently pricing a 99% probability of "No" as traders debate how the market should be resolved.
READ MORE (published June 2): Strategy's sale spooks crypto markets
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3) President Trump has intensified the conversation around prediction market regulation by publicly endorsing CFTC Chair Michael Selig's position on the agency's authority over the sector.
In a post on Truth Social, Trump said: "It is critically important that the CFTC's exclusive authority over Prediction Markets is maintained, and that they will thrive."
He also framed the issue as part of a broader competition for financial-market leadership, stating that other countries are pursuing this "new form of Financial Market" while the US seeks to remain at the top.
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4) Wintermute, a crypto market maker and algorithmic trading firm with more than $3.5T in annual trading volume, said it has entered the prediction markets sector as a liquidity provider across leading event-contract venues.
The firm is now quoting continuous two-sided markets on prediction contracts, reflecting its view that prediction markets are emerging as a significant asset class for trading and hedging real-world event risk.
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5) CME Group's 24/7 crypto derivatives market launched last Friday (May 29) and recorded a strong first weekend of activity.
On the following Saturday and Sunday, more than 7,200 contracts were traded, representing around $50M in notional value, according to the company.
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6) The CFTC issued an order for approval to KalshiEX LLC for the listing of the BTCPERP contract, making Kalshi the first CFTC-registered designated contract market to officially list a BTCPERP contract with no expiration date.
Ambiguity surrounding 24/7 CFTC-registered exchanges has been partially addressed, with the CFTC providing guidance for 24/7 trading, clearing and settlement.
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7) TON is reviving the Gram name for its native token, bringing back the branding first proposed in Telegram's original blockchain white paper.
TON will remain the name of the blockchain, while Gram will become the name of its native currency.
Telegram CEO Pavel Durov said the move marks a return to the project's roots and forms part of his wider "Make TON Great Again" campaign.
The rebrand follows recent network upgrades, lower transaction fees and plans for Telegram to take a larger role in TON governance.
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8) Bitmine Immersion Technologies, the largest publicly-listed ETH DAT, announced that it had acquired 26,497 ETH over the past week, bringing its total holdings to 5.42M ETH, equivalent to approximately 4.49% of Ethereum's circulating supply and moving closer to its stated goal of accumulating 5% of all ETH.
Bitmine also disclosed that 4.72M ETH is currently staked through its validator operations, representing roughly 87% of its ETH treasury and approximately $9.5B in staked assets, with the firm projecting annualised staking revenue of around $258M based on current yields.
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9) Falcon Finance and Anchorage Digital Bank have launched fUSD, a new "GENIUS-ready" stablecoin issued by Anchorage Digital Bank and designed for institutional trading desks, treasury operations, and regulated collateral use cases.
The stablecoin is based on Ceffu's institutional custody and collateral infrastructure and is backed 1:1 by cash, short-dated U.S. Treasuries, and Treasury-backed repo exposure, with reserves held under OCC supervision and attested monthly by Deloitte.
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10) Samsung Securities, Samsung SDS, and Samsung Card are set to acquire a combined 4% stake in Dunamu, the operator of Upbit, in a deal valued at roughly $408M.
The investment follows Hana Bank's recent $670M move into Dunamu and signals a broader strategic shift.
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11) Base, the Coinbase-incubated Ethereum Layer 2 network designed to support faster, lower-cost onchain applications and payments across the Ethereum ecosystem, has introduced Base MCP, a new gateway designed to connect AI interfaces with Base wallet infrastructure.
Base MCP acts as a secure bridge between users' Base Accounts in the Base App and AI interfaces that support the open Model Context Protocol standard, including Claude, ChatGPT, and Cursor.
The integration will allow users to interact with Base applications through natural language prompts, including swapping tokens, transferring funds, and accessing DeFi applications across lending, swaps, perpetuals, and token launches.
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12) Pump.fun is expanding beyond Solana with the launch of multi-chain trading functionality in its app, according to their announcement on X.
The update will allow users to trade tokens across multiple blockchains, including Ethereum, Base, BNB Chain, Monad, and other supported networks.
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13) OKX's X Layer, the exchange's EVM-compatible Layer 2 blockchain, has introduced Exchange OS, an upgrade designed to let developers, institutions, and ecosystem participants create custom crypto markets using a shared exchange infrastructure stack.
The upgrade moves core trading functions such as matching, margin, liquidation, settlement, and risk management to the protocol layer, reducing the need for builders to recreate complex exchange systems from scratch or rely entirely on centralized infrastructure.
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14) Tether and the Government of Georgia plan to launch GEL₮, a Georgian lari-backed stablecoin designed to bring the country's national currency onto blockchain-based payment rails under a dedicated stablecoin regulatory framework.
The initiative aims to support faster and lower-cost digital payments, remittances, cross-border transfers, and programmable financial infrastructure, while building on Georgia's broader push to position itself as a crypto-friendly jurisdiction with regulatory clarity around reserve management, redemption rights, and AML compliance.
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DELL is a publicly traded, US-based technology company focused on:
DELL has been active in the technology hardware market for decades and is one of the most recognised names in global computing.
While Dell is often associated with PCs, an important part of its business today is linked to enterprise infrastructure.
This refers to the physical systems that companies use to store data, run applications, manage workloads and support internal technology operations.
These systems include servers, storage platforms, networking equipment and related services.
Enterprise infrastructure has become more relevant because of the rapid growth of artificial intelligence.
AI applications require large amounts of computing power, especially when companies are training models, running inference, processing large datasets or deploying AI tools across their businesses.
As a result, demand has grown for advanced data-centre infrastructure that can support heavier and more complex workloads.
Dell is connected to this AI trend through its infrastructure business.
The company provides servers and systems that can be used in AI data centres, including infrastructure designed to work with high-performance chips and accelerated computing platforms.
In simple terms, Dell is not building the AI models themselves, but it provides some of the equipment that helps companies run AI-related workloads.
This matters because the AI market is not only about software or semiconductors. Behind every AI application is a large physical infrastructure layer: servers, storage, cooling, networking and data-centre capacity.
Companies expanding into AI often need to upgrade their existing technology systems, and Dell is one of the established providers in that area.
Dell's relevance also comes from its existing relationships with large businesses, cloud providers, public-sector clients and technology buyers.
Many organisations already use Dell systems across their IT infrastructure, which gives the company a practical role in helping customers expand or modernise their computing environments.
This is particularly relevant as AI adoption moves from early experimentation into broader enterprise deployment.
For market participants, Dell is relevant because it sits at the intersection of traditional enterprise technology and the growing demand for AI infrastructure. Its role is more about enabling computing capacity than developing AI software directly.
DISCLAIMER:
This article is provided for general information and reflects the author's views only. It does not constitute investment advice, nor an offer or solicitation to buy or sell any financial instruments or digital assets. Your ability to access or use any products or services mentioned may be subject to the laws and regulatory requirements of your jurisdiction.