Kalshi making early IPO talks with investment banks: report

The prediction markets platform raised $1 billion in a Series F round in May, bringing its valuation to $22 billion....
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Celsius’ Mashinsky gets permanent trading ban in CFTC settlement
The US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform....

Sen. Gillibrand’s son is building a perps exchange that wants dual CFTC, SEC oversight: report
The American Perpetuals Exchange Corporation raised $30 million at a $300 million valuation, Fortune reported on Thursday....

Strategy’s STRC draws bearish options bets as it falls to new all-time low
Options traders are building bearish positions around Strategy's (formerly MicroStrategy) flagship preferred STRC stock after the security fell to a record low, adding a new layer of pressure to one of Michael Saylor’s main funding tools for buying Bitcoin. Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known by the ticker STRC, closed ...