Tag: News

The World Foundation raised $65 million through over-the-counter (OTC) sales of its native WLD token to four institutional counterparties. Transactions were executed at an average price of approximately $0.2719 per token, representing a nearly 98% decline from the token’s 2024 peak. The sale triggered a brief slide to a new all-time low of $0.24, amid concerns regarding a massive supply unlock scheduled for July 2026. The World...

Intercontinental Exchange (ICE), the operator of the New York Stock Exchange, has completed a $600 million direct cash investment in the decentralized prediction platform Polymarket. The transaction fulfills a strategic arrangement first announced in October 2025, bringing ICE’s total commitment to the platform to nearly $2 billion. As part of the deal, ICE serves as the exclusive global distributor of Polymarket’s event-driven data to...

Morgan Stanley filed an updated S-1 for its Morgan Stanley Bitcoin Trust (MSBT), setting a management fee of 0.14%. The proposed rate is 11 basis points lower than BlackRock’s IBIT and undercuts the Grayscale Bitcoin Mini Trust by one basis point. Analysts expect the fund to launch in early April 2026, leveraging the bank’s network of 16,000 financial advisors. Investment banking giant Morgan Stanley is preparing to upend the...