TD Cowen stated that Bitcoin is developing from a single asset class into a capital markets ecosystem, with institutional adoption potentially driven by improvements in related financial and application infrastructure.
A PANews article says that Quant Network was adopted by a U.S. clearinghouse TCH, providing interoperability technology for banks' tokenized deposits; the article also says that QNT rose over days 300%。
PA The daily summary states that Kraken's parent company is investing billions USD in financial infrastructure; Kalshi has received court support to continue operating its event contracts business in Ohio and Tennessee. The report also mentions THORChain's response to questions about processing hacker funds.
According to CoinDesk, as cited by PANews, Kraken parent company Payward said it had invested tens of billions over the past 2 years USD to expand into futures, tokenized stocks, banking, and other businesses, and plans to acquire a bank in Europe.