Gemini shares (GEMI) rose as much as 30% in after-hours trading Thursday after the crypto exchange reported 42% year-over-year Q1 revenue growth to $50.3 million. The company also disclosed initial results for its prediction market launched in December, including $400,000 in revenue and more than 100 million contracts traded, while still posting a $109 million quarterly net loss.

Sharplink reported $12.1 million in first-quarter 2026 revenue on Monday and said it is broadening from basic ether staking into additional onchain yield approaches. The firm also announced a $125 million initiative with Galaxy Digital aimed at DeFi and onchain liquidity deployment, while its ETH balance stood at 872,984 ETH as of May 4.

Benchmark began coverage of Securitize on Tuesday ahead of its planned public listing through a merger with Cantor Equity Partners II, assigning a Buy rating and a $16 price target. The analyst framed Securitize as an infrastructure-style beneficiary of tokenization, earning fees across issuance, trading, and ongoing servicing as more real-world assets move onchain.

California Gov. Gavin Newsom signed an executive order on Friday that immediately prohibits state officials and gubernatorial appointees from using non-public information to profit on prediction market platforms or to help others do so. In Washington, lawmakers introduced the PREDICT Act earlier this week to bar members of Congress, federal officials and their families from trading certain political and government-related event contracts, with penalties including forfeiting profits and an added 10% fine.

Circle told EU policymakers it wants faster changes to the bloc's digital-asset rules, saying delays could slow institutional adoption of tokenized markets. In feedback submitted March 20 on the European Commission's proposed Market Integration Package, the company backed expanding the DLT Pilot Regime but asked for adaptive thresholds and clearer routes from pilot programs to permanent rules. It also urged broader use of MiCA-compliant stablecoins in securities settlement and wider access to settlement accounts beyond banks and CSDs.

Injective plans to support native issuance of USD Coin and connect to Circle's Cross-Chain Transfer Protocol to enable direct USDC transfers across supported blockchains. Native USDC is expected to serve as a core collateral and liquidity asset for Injective's trading-focused DeFi ecosystem, while Circle's burn-and-mint design aims to reduce bridge-related risks.

SEC Commissioner Hester Peirce told CNBC that companies developing tokenized instruments and new exchange-traded products should proactively discuss their plans with regulators. She reiterated that the SEC does not judge whether products are good or bad investments, but instead focuses on legal compliance, leverage limits, disclosures, and the operational and technical issues that arise as tokenization experiments expand.

According to a detailed account by reporter Emanuel Fabian, he received death threats after writing that an Iranian missile hit an open area near Beit Shemesh on March 10, in coverage of the conflict involving Israel, the U.S. and Iran. The messages appeared tied to a Polymarket prediction market that had more than $14 million wagered on whether Iran struck Israel on that date, while U.S. lawmakers are moving to restrict betting on war, deaths and government actions.

On Friday, the Ethereum Foundation released a mandate that formalizes its mission and the CROPS principles of censorship resistance, open source, privacy and security. The document frames the foundation as one steward among many in the Ethereum ecosystem and clarifies its focus on protocol research, security and other work without a natural home elsewhere.