The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain. According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain. “There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.” Read more
The appointments come ahead of a planned SPAC merger that will create a publicly traded company dedicated to accumulating and staking Cronos’ native token. Yorkville Acquisition Corp. has tapped two former Gryphon Digital Mining executives to lead its planned merger that will create a publicly traded digital asset treasury focused on accumulating the Cronos ecosystem’s native token. The appointments come as Yorkville moves toward forming a new entity with Trump Media & Technology Group and Crypto.com to acquire and manage the Cronos token (CRO) as its core reserve asset. Steve Gutterman will serve as CEO and Sim Salzman as chief financial officer once the merger closes, which Yorkville expects in the first quarter of 2026. The pair previously led Gryphon Digital Mining through restructuring, regulatory reporting and capital-markets transactions, and have held senior roles at E*TRADE, American Bitcoin and Marathon Digital. The new entity, formed through a business combination with Trump Media, co-founded by US...