Crypto Markets & On-Chain Ecosystem Developments

According to ChainCatcher, citing SEC Form D disclosures, prediction market platform Kalshi Inc. has raised approximately $1.12 billion in equity through a Rule 506(b) exempt offering, with a total offering size of about $1.5 billion. The first sale began on April 3, 2026, and 71 investors have

According to Bloomberg ETF analyst Eric Balchunas, the GLD gold ETF and IBIT Bitcoin ETF returned to the top 10 trading volume rankings on August 26, displacing semiconductor ETFs that dominated throughout the summer. The shift signals investors are rotating from growth-focused AI trades toward

According to the Blockchain Association, the group submitted comment letters to the SEC and CFTC this week, calling for the two agencies to enhance coordination and establish a clear regulatory pathway for equity perpetual futures under existing legal frameworks, addressing what the association

According to Pons, the Robinhood Chain ecosystem project generated over $2.85 billion in trading volume within one month of launch, accounting for more than 11% of Robinhood DEX's approximately $25 billion total trading volume, as reported by

According to ChainCatcher, Lighter, a decentralized perpetual contract protocol, cut its average block proof time from 5.3 minutes to approximately 1 minute over the past month through two independent optimizations deployed on July 23 and August 23. The first optimization, Heavy/Light

According to the Ethereum Foundation, the Glamsterdam upgrade will include gas fee adjustments affecting state creation and access costs (EIP-8037 and EIP-8038). Most contracts will not be impacted, though some contracts relying on hardcoded gas values and outdated assumptions may require updates to

According to CoinDesk, POSCO International, South Korea's largest trading company, completed tokenization of its trade receivables on the Avalanche blockchain on August 26. The company, which generated $222 billion in annual revenue and operates over 80 overseas branches, partnered with trading

According to CoinDesk, on August 26, 39 U.S. state banking associations formally established the BankChain Alliance, a blockchain network initiative set to launch by 2027. The network aims to facilitate smart payments, tokenized deposits, and stablecoins. Led by Florida Bankers Association CEO and f

According to The Block, GalaxyOne, the retail platform of Galaxy Digital, launched a crypto-backed credit line today (August 26) allowing qualified customers to borrow USD or USDC against Bitcoin, Ethereum, and Solana holdings without selling assets. The product combines multiple crypto assets as co

Barry Silbert, founder of Grayscale, predicted at the YZi Labs event in Bhutan that U.S. stock exchanges will achieve 24/7 trading within five years, with competition from Hyperliquid potentially accelerating this shift. Regarding Zcash, Silbert stated the privacy-focused cryptocurrency could

The Clarity Act, legislation designed to define regulatory frameworks and supervisory roles for crypto assets, faces a 19% probability of passage by year-end according to prediction market participants. Market platform Kalshi reported on August 25 that participants assessed a 44% probability of

According to prediction market platform Kalshi on August 25, market participants have priced the probability of the Clarity Act becoming law by the end of this year at 19%, with the odds of passage before April 1, 2027 standing at 44%. The bill, which passed the House on a bipartisan basis last

Thailand's Securities and Exchange Commission published an announcement on Aug. 24 seeking public comments on draft regulations for spot cryptocurrency exchange-traded funds. The regulator detailed that bitcoin and ethereum funds will be the first eligible products, with altcoin funds potentially fo