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Prediction Markets Surge Past $3 Billion Run Rate, Targeting $10 Billion by 2030 Prediction markets have broken through the $3 billion annual revenue rate, marking explosive growth in a sector that is rapidly transitioning from a niche speculative tool to a legitimate financial asset class. According to a report from U.S. bank Citizens released on…
Harvard University has trimmed its Bitcoin holdings and rotated capital into Ethereum, signaling a potential shift in how major institutions are thinking about crypto’s two largest assets. The endowment sold a portion of its iShares Bitcoin Trust (IBIT) shares while simultaneously opening a new position in BlackRock’s iShares Ethereum Trust, according to a 13F SEC…
Stablecoin issuer Circle Internet Group is making infrastructure development a core focus for 2026, aiming to accelerate adoption among institutions and companies seeking practical blockchain payment solutions. Circle’s chief product and technology officer, Nikhil Chandhok, outlined the company’s strategic priorities in a blog post on Thursday, signaling that building more durable infrastructure is essential to…
Goldman Sachs Eyes Crypto, Tokenization and Prediction Markets as Key Growth Areas Goldman Sachs is significantly increasing its focus on cryptocurrency-adjacent technologies, including tokenized assets and prediction markets, according to CEO David Solomon during the firm’s fourth quarter earnings call Thursday. Solomon revealed that Goldman Sachs has assembled large internal teams dedicated to exploring how…
