Joseph Rees

Brickken Partners with ADI Foundation for MENA Asset Tokenization

Tokenization infrastructure provider Brickken and the ADI Foundation announced a partnership on April 29 to deploy institutional-grade infrastructure for real-world asset (RWA) tokenization on the ADI Chain. The collaboration aims to provide governments and financial institutions in the Middle East and North Africa (MENA) region with tools for the issuance and lifecycle management of digital…

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Prediction Market Fight Deepens as 40 States Push Back on CFTC

Key Takeaways States argued sports-related prediction markets function as wagers, not federally regulated derivatives. Kalshi court wins have raised the stakes for preemption in state gambling enforcement nationwide. Attorneys general warned CFTC oversight could weaken protections for addiction, integrity, and insiders. States Say Sports Markets Belong Under Gambling Oversight A multistate coalition sent an April…

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Coinbase Adds Gold and Silver Perps With USDC Settlement and up to 25x Leverage

Key Takeaways Coinbase introduced gold and silver perpetual futures for eligible non-U.S. users. The contracts are USDC-settled, reference one troy ounce, and carry maximum leverage of up to 25x. The launch extends Coinbase’s effort to connect crypto-based infrastructure with traditional commodity markets. Crypto Exchange Adds Gold and Silver Perpetual Futures Crypto exchange Coinbase (Nasdaq: COIN)…

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