🏦 INSTITUTIONAL · SOL

Solana Foundation Launches Program for Instant Institutional Trade Settlement

Solana Foundation launched an open-source program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs.

💡 Why it matters
Institutional adoption of blockchain settlement infrastructure could increase if trade finality is reduced from days to seconds.

📊 Market snapshot

SOL $120 ▼0.3%

BTC $85,599 ▲0.0%

ETH $2,702 ▼0.0%

Updated 05:09 UTC

🔗 Sources: CoinDesk · Decrypt

#SOL #Solana #Institutional #Payments

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🏀 NBA signs partnerships with Kalshi and Polymarket

The US National Basketball Association (NBA) announced a collaboration with two major prediction market platforms, Kalshi and Polymarket. Both platforms will receive preferred partner status, access to official data, and the right to use the league's logos and other intellectual property.

The agreement also provides for information exchange and the creation of mechanisms to control the fair use of markets. The NBA intends to participate in determining the terms of proposed contracts, while cooperation with the US Commodity Futures Trading Commission (CFTC) is expected to strengthen oversight in this area.

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