Reach is a SocialFi collaboration platform designed for creators and contributors within the Web3 community. Reach enables anyone looking to promote their content to tap into a pool of engaged, verified, and audited user base, and remunerate them for their contribution to their network effects. Developed as a Discord Bot, it allows creators to easily set up missions to promote their content. Missions can be tailored by the target audience and consist of follows, likes, retweets, and comments on Tweets on the X.com platform. Certain missions also have a reward (ETH) attributed to them, which is selected, and funded by the creator, others have leaderboard points rewards, which can be used to purchase missions.
In response to the first customized commodity trade completed on the Kalshi platform, Kalshi CEO Tarek Mansour posted on X platform, "Historically, the bottleneck for institutional risk transfer has been liquidity. The bottleneck for liquidity is the lack of price benchmarks for each type of relevant risk (e.g., WTI for oil). Kalshi has built a large community of top global superforecasters who rank among the world's best at pricing risk. This allows us to create price benchmarks for a broader range of issues faced by people and institutions. Institutions have already begun adopting these price benchmarks by integrating them into traditional asset pricing models. Although work remains, we are seeing rapid expansion in data use cases and integration.""The next phase is utilizing these price benchmarks to transfer risk via block trades and requests for quote (RFQ). This phase is still in its early stages but is beginning to take shape. The market size for risk transfer of non-traditional financial instruments is difficult to estimate. The closest references are the reinsurance market and the derivatives desks of banks: reinsurance is approximately $700 billion; insurance-linked securities and parametric insurance (such as catastrophe bonds) are around $120-135 billion; bank derivatives (structured products, dealer-to-dealer, exotics, etc.) are about $200-400 billion. The current market is roughly $1-1.5 trillion, but most of it is illiquid and traded over-the-counter (OTC, i.e., with a single counterparty). Whenever a major OTC market moves to exchange trading, the market grows significantly due to the establishment of price benchmarks, narrowing bid-ask spreads, the end of Wall Street elite's monopoly on access, and the entry of new participants. For example, interest rate swaps grew 10-15 times, stock options grew 20-30 times, and energy derivatives grew 5-8 times. The institutional use case for prediction markets could form a $10-15 trillion market, with even greater upside potential, depending on the extent to which it democratizes products currently exclusive to Wall Street."
Odaily News Listed US company DDC Enterprise has released its fiscal year 2025 performance report. Full-year revenue reached $39.2 million, a year-on-year increase of 4.6%, setting a new historical high. As of April 21, 2026, the company holds approximately 2,383 Bitcoins, valued at around $182 million, placing it among the top 30 publicly listed companies globally in terms of Bitcoin holdings. DDC also announced the launch of an AI-driven treasury intelligence platform, the "DDC Treasury Intelligence Platform," designed to optimize Bitcoin fund management and capital allocation. (Businesswire)
Canaan Inc. released its Bitcoin mining update report as of March 31, disclosing that it mined 89 BTC in March, holding a total of 1,808 BTC. The company also holds 3,952 ETH. In March, its network added over 10 MW of new installed capacity, bringing its global installed capacity to 266.3 MW.
In response to the first customized commodity trade completed on the Kalshi platform, Kalshi CEO Tarek Mansour posted on X platform, "Historically, the bottleneck for institutional risk transfer has been liquidity. The bottleneck for liquidity is the lack of price benchmarks for each type of relevant risk (e.g., WTI for oil). Kalshi has built a large community of top global superforecasters who rank among the world's best at pricing risk. This allows us to create price benchmarks for a broader range of issues faced by people and institutions. Institutions have already begun adopting these price benchmarks by integrating them into traditional asset pricing models. Although work remains, we are seeing rapid expansion in data use cases and integration.""The next phase is utilizing these price benchmarks to transfer risk via block trades and requests for quote (RFQ). This phase is still in its early stages but is beginning to take shape. The market size for risk transfer of non-traditional financial instruments is difficult to estimate. The closest references are the reinsurance market and the derivatives desks of banks: reinsurance is approximately $700 billion; insurance-linked securities and parametric insurance (such as catastrophe bonds) are around $120-135 billion; bank derivatives (structured products, dealer-to-dealer, exotics, etc.) are about $200-400 billion. The current market is roughly $1-1.5 trillion, but most of it is illiquid and traded over-the-counter (OTC, i.e., with a single counterparty). Whenever a major OTC market moves to exchange trading, the market grows significantly due to the establishment of price benchmarks, narrowing bid-ask spreads, the end of Wall Street elite's monopoly on access, and the entry of new participants. For example, interest rate swaps grew 10-15 times, stock options grew 20-30 times, and energy derivatives grew 5-8 times. The institutional use case for prediction markets could form a $10-15 trillion market, with even greater upside potential, depending on the extent to which it democratizes products currently exclusive to Wall Street."
According to Similarweb data, in Q1 2026, Polymarket ranked first in crypto application website traffic with 122 million visits, surpassing Robinhood (118 million visits).In addition, Coinbase ranked third (78.8 million visits), Kalshi ranked sixth (34.8 million visits), Kraken ranked eighth (22 million visits), Hyperliquid ranked ninth (12.8 million visits), Pump.fun ranked eleventh (8.2 million visits), and Uniswap ranked twelfth (5 million visits).
According to Lookonchain monitoring, BlackRock has recently continued to increase its BTC holdings, which have reached 806,700 BTC ($63.73 billion), setting a new historical record.
Odaily News Listed US company DDC Enterprise has released its fiscal year 2025 performance report. Full-year revenue reached $39.2 million, a year-on-year increase of 4.6%, setting a new historical high. As of April 21, 2026, the company holds approximately 2,383 Bitcoins, valued at around $182 million, placing it among the top 30 publicly listed companies globally in terms of Bitcoin holdings. DDC also announced the launch of an AI-driven treasury intelligence platform, the "DDC Treasury Intelligence Platform," designed to optimize Bitcoin fund management and capital allocation. (Businesswire)
Odaily News: According to sources, UK-based digital bank Revolut plans to seek a valuation between $150 billion and $200 billion in its future IPO, a significant increase from its previous $75 billion valuation. The company's CEO, Nik Storonsky, also revealed that Revolut is preparing for a new round of secondary share sale in the second half of 2026, with a potential valuation exceeding $100 billion. (Financial Times)Previously, Nik Storonsky stated that the company's listing timeline is at least two years away, potentially delayed until 2028 at the earliest, with no immediate IPO plans. He pointed out that Revolut is currently focusing on expanding its presence in the US market, including applying for a banking license to gain access to the Federal Reserve's payment system and expand its lending and credit card businesses. Meanwhile, the company has already obtained a full banking license in the UK.
According to CNBC, U.S. President Trump stated that Anthropic’s AI models are “potentially” approved for use within the U.S. Department of Defense. Trump said that Anthropic’s team visited the White House several days ago, and that the two sides held a “very good meeting.” He added that the company is “taking shape” and its technology could play a significant role. This statement was made during his interview with CNBC’s “Squawk Box.”