Weekly Roundup 09/05/25 (Stripe’s Tempo, NASDAQ tightens rules on DATs, WLF vs Sun) (EP.663)
On The Brink with Castle Island
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Betting Markets and Crypto Innovations
This chapter explores the recent acquisition of a prop trading platform by Kraken and the implications of Polymarket's no-action letter from the CFTC, particularly on sports wagering. It discusses the evolving landscape of betting markets, comparing traditional platforms with the rise of prediction markets, while also touching on significant developments in the cryptocurrency space, including new blockchain ventures and asset trading. The chapter underscores the complexities of the current market, addressing both the challenges faced by traders and the innovative solutions emerging within the industry.
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