Kalshi has secured FIFA World Cup branding exposure through a partnership with ADI Predictstreet, FIFA’s official prediction market partner for the 2026 tournament. This deal enhances Kalshi’s sports presence as its daily trading volume surpasses $1 billion, while the company pursues a $40 billion valuation and challenges Illinois licensing laws. Kalshi’s branding will appear alongside ADI Predictstreet’s across stadiums, TV, and digital platforms starting with the World Cup knockout stage. The partnership also aims to expand prediction markets on ADI’s platform beyond the tournament, supporting Kalshi’s broader strategy to grow in sports and prediction markets globally.
SELLAS Life Sciences is advancing its acute myeloid leukemia (AML) treatment with its lead drug galinpepimut-S (GPS) approaching pivotal Phase 3 trial results in the REGAL study. The company also progresses another candidate, SLS009, targeting high-r...
Aave Labs CEO Stani Kulechov dismissed reports of Kraken acquiring a 15% stake in Aave Group, clarifying that Aave would never sell at a steep discount. Despite uncertainty over the deal, AAVE's price surged 12%, extending a 50% rally in June, driven...
A new decentralized finance (DeFi) application on Solana has introduced cross-chain swap functionality, allowing users to move assets seamlessly between Solana and other blockchain networks. This feature simplifies the process by reducing the need fo...
Tony Huang of Advent Capital Management explains how the Advent Convertible and Income Fund (AVK) uses a mix of convertible securities and high-yield bonds to target both income and total return. The fund's strategy is influenced by factors like corp...
Ripple CEO Brad Garlinghouse remains bullish on bitcoin but criticized Michael Saylor's preferred-stock funding strategy used by Strategy to buy bitcoin. He called the approach "financial engineering" that distracted the market and pointed to the Str...
