Auto Added by WPeMatico

Galaxy launches OTC prediction markets desk for institutional investors

Galaxy's new OTC prediction markets desk could reshape institutional risk management by integrating event-driven strategies with broader asset hedging. The post Galaxy launches OTC prediction markets desk for institutional investors…

Continue ReadingGalaxy launches OTC prediction markets desk for institutional investors

A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million

A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token…

Continue ReadingA16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million

Anonymous Plaintiff Claims $293B Bitcoin Haul, Targets Satoshi’s Dormant Wallets in NY Court Case

Timechainindex.com founder Sani first posted the news on X, drawing attention to a quietly filed New York Supreme Court case in which three anonymous plaintiffs are seeking legal title to…

Continue ReadingAnonymous Plaintiff Claims $293B Bitcoin Haul, Targets Satoshi’s Dormant Wallets in NY Court Case

Mike Novogratz’s Galaxy Lands Bitlicense to Serve New York Hedge Funds and RIAs

Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset…

Continue ReadingMike Novogratz’s Galaxy Lands Bitlicense to Serve New York Hedge Funds and RIAs

Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown

Onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital’s over-the-counter (OTC) desk. The firm now appears to be…

Continue ReadingMulticoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown