Polymarket plans to raise $50 million in new financing, according to an article published on Monday on The Information website. The New York-based startup is also considering issuing its own token, according to the article, which cites unnamed sources. https://www.coindesk.com/business/2024/09/23/polymarket-reportedly-seeks-50m-in-funding-mulls-token-as-election-bets-surge/
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The U.K. Finance Trade Association said it has completed the experimental phase of the tokenization platform and CBDC and intends to cooperate with regulators and other government agencies to create payment networks based on this technology. The program was attended by 11 participating banks, including Barclays, Citi UK, HSBC and Natwest, as well as professional service firms. The program concluded that such a platform would help provide economic benefits and enable the implementation of new features such as programmable payments. https://www.coindesk.com/business/2024/09/16/uk-finance-member-banks-see-benefits-during-experimental-phase-of-a-tokenization-cbdc-platform/
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🪙 USDT stocks on CEX exchanges have been growing rapidly since August - it looks like these funds will be used for further purchases.
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