News linked to both this project and an event.
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
According to PR Newswire, Valour, a subsidiary of DeFi Technologies, has secured approximately USD 11 million in institutional investment to purchase its Hedera (HBAR)-related ETP products—around USD 10 million for the product listed on the Frankfurt Stock Exchange and approximately USD 1 million for Valour Hedera SEK, listed on Sweden’s Spotlight Exchange. DeFi Technologies stated that both transactions were facilitated by its Abu Dhabi workshop, reflecting growing institutional demand for regulated, exchange-traded products providing exposure to Hedera and supporting the growth of its assets under management in the German market.