Search results for Binance Wallet
Crypto
U.S. prediction market reshapes amid regulation, Kalshi takes 89 percent share
Kalshi, a federally regulated U.S. prediction market, has taken an estimated 89 percent share of trading volume, cementing its lead as the competitive landscape reshapes around regulatory status. Weekly market volume rose 4 percent, while Kalshi’s volume increased 6 percent, a Bank of America report showed. Polymarket held 7 percent and Crypto.com 4 percent, with Polymarket’s volume down 16 percent. Legal disputes and CFTC litigation could determine whether the market expands nationwide or fragments by state.
Crypto
Binance links with Predict.fun, adds prediction market feature to wallet app
Binance is beta-testing a feature in its wallet app that lets users participate in on-chain prediction markets, The Block reported on Monday. The exchange is offering the feature through a third-party provider integration and is working with BNB Smart Chain-based protocol Predict.fun to integrate prediction markets into Binance Wallet. Users must set up a dedicated prediction account separate from a spot account to trade.
Crypto
Binance partners with Ondo Finance, returns to tokenised stock trading after two years
Binance has returned to the tokenised stock market through a partnership with Ondo Finance, The Block reported on Feb. 24. The service will offer tokenised shares and ETFs tied to major U.S. companies including Apple, Google, Tesla and Nvidia via Binance Alpha and Binance Wallet. Binance previously launched tokenised stock trading in 2021 but halted it due to regulatory pressure. The new offering is approved by Abu Dhabi’s Financial Services Regulatory Authority and will not be available in the United States.