Key TakeawaysInstitutional DeFi acceleration: Morpho Vaults V2 surpassed $12B TVL, powering Coinbase’s 10.8% USDC lending, signaling growing institutional adoption of on-chain yield infrastructure.Prediction markets update: ICE committed $2B to Polymarket and Kalshi raised $300M at a $5B valuation.Cultural close for NFTs: Larva Labs’ Quine auction capped its Art Blocks era, with 477 pieces selling for up to 9.45 ETH ($38.7K).Stablecoin boom and experimentation: Global stablecoin supply jumped...

Stablecoins have been crypto’s dominant narrative, powering DeFi, giving currencies a 24/7 programmable life, and bridging onchain and offchain economies. As stablecoins mature into infrastructure, a new meta is quickly emerging: asset tokenization. Tokenization is racing to the center of global finance, promising to make every stock, bond, fund, and collectible tradable onchain. The vision is simple; fractionalized, liquid assets programmable for any use case. Analysts project that tokenized...

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This week, we spotlight sports bets, Stripe’s stealth L1 move, Hyperliquid’s precision engine, consumer experience in gaming, and prosumer tooling. While the rails keep consolidating. SubscribeSports markets deep dive ICYMI: we released our latest analysis on sports betting markets. Check it out on Twitter. Read hereHyperliquid keeps delivering Using August-annualized cash flows, HYPE trades at ~14× P/E while showing massive growth15.4% average month-over-month fee growth 121.2% fee increase ...

Crypto Fixes This (?)“A study on NFL bettors from the 2023 - 2024 season [found that] 87% of bettors accounted for a total of 1% of sportsbook revenue, which means that the vast majority of bettors are able to play safely. Then there's that other percent of players, like 3% of players that account for like 80%+ of revenue. Some of them are really rich and good for them - they can spend their money however they want. Some of them are not really rich and their dopamine pathways are rewired...

Kraken doubles down on prosumers. Prediction markets stay hot. Hyperliquid sets the benchmark in decentralized exchange efficiency. And LayerZero consolidates one of the most important bridging protocols onchain. Here’s what we’re tracking. SubscribeKraken acquires Capitalise.ai, a no-code trading platform Capitalise is a prosumer-focused platform that lets users automate trading strategies with no code. This is another signal that the prosumer market is a prime segment. Capitalise joins Krak...