Funds

Could Wisconsin strip your voting rights for using prediction markets?
On CoinDesk's The Policy Protocol, Renato Mariotti is joined by guest host Ari Redbord, Global Head of Policy at TRM Labs, for a conversation on the politics of the CLARITY Act, the state-vs-federal fight over prediction markets, and Wisconsin's invocation of an 1849 law that could bar prediction-market users from voting. And, they sit down with Rachel Anderica, Head of Global Operations at Anchorage Digital, who walks through Anchorage's agentic banking build inside its OCC trust and a "cashless reserves" model in partnership with JPMorgan. Plus, the hosts name the TradFi endorsers of CLARITY — BlackRock, Fidelity, and Goldman Sachs — as the Person of the Week.

Cerebras IPO values AI chipmaker at $40B
Cerebras priced its IPO at a $40 billion valuation, nearly 5x what it was worth eight months ago. The AI capital boom is pulling investor attention and money away from crypto, with SpaceX and OpenAI listings still to come. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Schwab brings crypto to 38M users; North Korea 'simply' to blame for recent DeFi hacks
On this debut episode of CoinDesk's new show The Policy Protocol, co-hosts Renato Mariotti and Rebecca Rettig break down Schwab's rollout of crypto to nearly 40 million brokerage accounts and the Kelp DAO hack tied to North Korea. Ari Redbord, Global Head of Policy at TRM Labs, joins to make the case for going on offense against DPRK hackers and cracking down on non-compliant offshore exchanges.

Strategy Surpasses BlackRock as World's Biggest Bitcoin Holder
Strategy now holds 815,061 BTC, edging past BlackRock's IBIT for the first time since Q2 2024, after a $2.54 billion bitcoin purchase. It's the first time a single corporate treasury has outpaced the world's largest spot bitcoin ETF. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Entrée Capital Introduces $300M Fund With Focus on AI Agents, DePIN
Entrée Capital unveiled a $300M fund prioritizing AI agents, DePIN and regulated Web3 infrastructure.

Galaxy Digital Said to Plan Its Own Tokenized Money Market Fund
Galaxy’s tokenized fund will ultimately be available on the Ethereum, Solana and Stellar blockchains, said a person familiar with the plans.

London Stock Exchange Unveils Blockchain-Based Platform for Private Funds
Investment manager MembersCap and digital asset exchange Archax are the system's first clients.

Crypto Exchange HashKey Plans $500M Digital Asset Treasury Fund
HashKey said it will build a diversified portfolio of digital asset treasury projects, with an initial focus on bitcoin and ether.

Crypto Funds Record All-Time High Weekly Inflows of $4.39B: CoinShares
The flow surpasses the previous peak of $4.27 billion, set in December 2024 in the aftermath of the U.S. presidential election

Digital Asset Fund Flows Hit $3.7B Last Week, 2nd-Highest on Record: CoinShares
The week's flows are second only to those of the week ending Dec. 6 last year when they surpassed $4 billion

