Flutter Entertainment will route every sports and novelty contract on Fanduel Predicts to Crypto.com’s exchange, leaving CME Group with only the financial markets on a venture CME majority-owns. The move comes three weeks after CME’s chief executive told analysts that many sports prediction markets amount to gambling. Flutter booked $6 million in market-making revenue in […]
Strategy reiterated its ambition to become the world’s largest company by market capitalization, outlining a capital strategy built on bitcoin, digital credit, and equity. The approach is designed to expand its balance sheet and create long-term shareholder value. Bitcoin Holdings Anchor Strategy’s Corporate Ambition Strategy Inc. (Nasdaq: MSTR) reiterated its ambition to become the world’s […]