Polymarket, a prediction market platform, has executed its first institutional block trade related to AI compute infrastructure. The six-figure transaction involved FalconX and Anera Labs trading on a contract tracking Nvidia's H100 GPU chip rental pricing.
A $1.3 billion block of BlackRock’s iShares Bitcoin Trust (IBIT) shares was traded in a dark pool, marking one of the largest off-exchange Bitcoin ETF transactions. This occurred amidst $334 million in net outflows across all U.S. spot Bitcoin ETFs for the week, with Bitcoin’s price reacting but remaining relatively contained around $75,000.
A prominent hedge fund manager took advantage of a bank’s “wholesale collective failure” to prevent illicit trading, making HK$1.7 million (US$217,012) in a single day by using confidential information to sell shares in a Hong Kong fashion house nine years ago, prosecutors alleged on Tuesday. British-born investor Simon Sadler is on trial at the District Court alongside the now-defunct Segantii Capital Management and former employee Daniel Anthony La Rocca Jnr over alleged insider dealing in the...
Institutional investors are entering prediction markets as block trades, custom contracts and US regulatory shifts reshape a sector still dominated by retail users.
