Robinhood Crypto.com Partnership Buys Venue Liquidity

Robinhood Crypto.com partnership: equity stakes in Crypto.com and OG.com route football contracts via CFTC rails. Stake size blank; score equity-for-flow.

• Robinhood is partnering with Crypto.com and OG.com by taking equity stakes, routing retail flow to their CFTC-regulated derivatives venues.
• This 'equity-for-flow' deal aims to secure venue liquidity and deepen Robinhood's offerings in prediction markets, particularly for event contracts.
• The article highlights the strategic importance of this partnership for both parties, while also noting undisclosed stake sizes and regulatory uncertainties surrounding sports event contracts.

Topics: Institutional adoption, Integration with defi, Legal regulatory, Asset manager initiatives, On chain treasury management, Securities law classification

Tags: #robinhood #cryptocom #ogcom #cftc #eventcontracts #predictionmarkets #equitystakes #venueliquidity #derivatives #retailflow

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Trump Media Abandons Crypto Treasury, Prediction Market Ventures

Truth Social's parent company is unwinding two major Crypto.com deals as new leadership shifts its focus to media, data licensing, and a planned merger with fusion energy company TAE.

• Trump Media & Technology Group has terminated its deals with Crypto.com for a CRO treasury company and prediction market ventures due to shifting business priorities and crowded market conditions.
• The company is pivoting its focus to media, data licensing, and a merger with TAE, while pursuing a marketing deal to promote Crypto.com's prediction market products to Truth Social users.
• The decision comes amidst increasing regulatory scrutiny of Trump's crypto dealings from Democratic lawmakers.

Topics: Institutional adoption, Integration with defi, Legal regulatory, Asset manager initiatives, Rwa collateral lending, Securities law classification

Tags: #trumpmedia #cryptocom #cronos #crotoken #treasurycompany #predictionmarkets #truthsocial #yorkvilleacquisitioncorp #marketconditions #regulatoryscrutiny

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Crypto.com Funding Hits $400M as Citadel Backs $20B Valuation

Crypto.com funding secured $400 million from Citadel Securities, valuing the exchange at $20 billion for broader asset expansion.

• Crypto.com has secured $400 million in funding from Citadel Securities, valuing the exchange at $20 billion.
• The capital will be used to expand into tokenized securities, derivatives, and other asset classes, connecting digital and traditional finance.
• This marks Crypto.com's first institutional funding round and highlights growing interest from major market makers in the tokenization space.

Topics: Institutional adoption, Infrastructure providers, Scalability, Asset manager initiatives, Tokenization platforms, Institutional capital inflows, Market depth liquidity

Tags: #cryptocom #citadelsecurities #funding #valuation #tokenizedsecurities #derivatives #institutionalinvestment #marketmaker #blockchainsettlement #digitalassets

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EWZON/EUR Price: Convert iShares MSCI Brazil Tokenized ETF (Ondo) to Euro - Crypto.com Italy

• The article provides the current price of the iShares MSCI Brazil Tokenized ETF (EWZON) in Euros (EUR) as 31.11 EUR.
• It highlights Crypto.com Italy's role in facilitating this conversion and mentions the ETF is managed by Ondo.
• The text also includes regulatory information about Foris DAX MT Limited in Malta and general disclaimers about crypto-asset trading risks.

Topics: Asset types, Jurisdictions, Institutional adoption, Alternative assets, Established hubs, Asset manager initiatives

Tags: #ewzon #mscibraziltokenizedetf #ondo #cryptocom #euro #malta #financialservicesauthority #cryptoassetserviceprovider #tokenizedetf

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Citadel Securities invests $400m in Crypto.com at $20 billion valuation

Yesterday Crypto.com announced a $400 million strategic investment from Citadel Securities, valuing the exchange at $20 billion. It is the first

• Citadel Securities has invested $400 million in Crypto.com at a $20 billion valuation, marking its first institutional funding round.
• The capital infusion is intended for expansion into all asset classes, including tokenized securities and derivatives, signaling a strategic shift for Crypto.com.
• This investment follows a trend of traditional finance firms increasing their stakes in cryptocurrency exchanges, indicating growing integration between TradFi and crypto.

Topics: Institutional adoption, Asset types, Infrastructure providers, Asset manager initiatives, Financial instruments, Tokenization platforms

Tags: #citadelsecurities #cryptocom #institutionalinvestment #tokenizedsecurities #derivatives #kraken #edxmarkets #intercontinentalexchange #nyse #okx

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Crypto.com hires OKX alum Iskandar Vanblarcum to head Prediction Markets

Iskandar Vanblarcum is Managing Director of Crypto.com Exchange, with focus on launching an institutional-grade event contracts offering.

• Crypto.com has hired Iskandar Vanblarcum to lead its exchange, focusing on launching regulated Prediction Markets and Real-World Asset (RWA) offerings.
• Vanblarcum's experience includes navigating regulatory frameworks like MiCA and working with entities such as OKX and LSEG.
• The move signals Crypto.com's strategy to bridge traditional finance with digital assets, targeting institutional investors with on-chain offerings.

Topics: Institutional adoption, Infrastructure providers, Legal regulatory, Asset manager initiatives, Tokenization platforms, Securities law classification

Tags: #cryptocom #iskandarvanblarcum #predictionmarkets #realworldassets #rwa #institutional #exchange #mica #varaa #tokenization

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