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Whether Kamala Harris or Donald Trump becomes U.S. president probably won’t dictate bitcoin’s price growth.
The proof-of-concept, which will be exhibited at the Singapore Fintech Festival from Nov. 6-8, demonstrates how investors could settle multi-asset positions in real-time.
While volatility is price-agnostic, recent flows in the options market suggest bullish expectations.
The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.
The most popular Polymarket bet has seen a flurry in trades ahead of Election Day, contributing to a surge of Harris’ winning shares on the betting platform.
Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility.
At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus an easy Trump victory just days ago.
Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they’d accepted big token payouts from EigenLayer, raising conflict of interest concerns.
The leadership election was set-off by former Prime Minister Rishi Sunak’s decision to resign as party leader.
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.