Today's News Recap
Tokenized Trading - Kraken to offer 24/7 tokenized trading of Apple, Tesla, Nvidia shares for non-US clients.
Meme Diplomacy - Trump's meme coin dinner sparks protests against 'crypto corruption'; Trump also honors Justin Sun and top memecoin holders.
Regulatory Signal - SEC acknowledges filings for staked Tron ETF, signaling regulatory progress.
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Messari Protocol Reporting
Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below.
Modular Ethereum layer-2
Dual-layer cryptoeconomic finality
CeDeFi yield infrastructure
Restaking-driven ecosystem incentives
Decentralized security layer
Security data & compute infrastructure
User-centric security services
Utility-backed token model (GPS)
Cross-chain orchestration engine
JavaScript smart contract platform
Composability engine for multichain UX
Tokenomics centered around BLD
Messari Research
InfoFi: Emerging Speculation Markets
By: Patryk Krasnicki, Alice Hou, and Armita
Information Finance (InfoFi) is an emerging category of applications that create tradable markets around exotic, non-price signals. Polymarket laid the groundwork with event-driven prediction markets, while newer applications like Noise, Ethos, and Narrative are pushing the boundaries with markets for mindshare, credibility, and quantitative metrics. Together, these projects highlight a shift from speculation as entertainment to speculation as a mechanism for real-time information discovery.
