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OpenWorld begins Nasdaq trading as VerifyMe deal creates public tokenization company

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OpenWorld begins Nasdaq trading as VerifyMe deal creates public tokenization company

TL;DR OpenWorld and VerifyMe have completed their business combination, with the combined company trading on the Nasdaq under OPNW as of October 1. Management says the company will focus on institutional tokenization of real assets. OpenWorld also intends to pursue a dual listing on Figure OPEN, a blockchain-based trading platform, by November. A new publicly … Read more

Senate Democrats demand public hearing on prediction markets

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Senate Democrats demand public hearing on prediction markets

TL;DR All 11 Democrats on the US Senate Banking Committee have called for a public hearing on prediction markets. The request came after a special meeting between members of the Republican Committee and CEO of Kalshi, Tariq Mansour. Lawmakers say securities-linked forecasting products could raise issues that fall within the Banking Commission’s supervisory responsibilities. Prediction … Read more