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Robinhood's Prediction Market Push, A New Public Quantum Computing Fund, And The Enhanced Games Come To Wall Street
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Robinhood Buys Futures Exchange For Prediction Market Expansion
Robinhood (NASDAQ: HOOD) entered into a new deal to buy 90% of regulated futures exchange and clearinghouse MIAXdx, giving them the ability to meaningfully scale up their prediction markets business without needing to build their own exchange and win licensing approvals. Robinhood’s prediction market business has been exploding since first forming a partnership with Kalshi with more than 9 billion individual event contracts being traded since launching.

WisdomTree Is Betting On The Future Of Quantum Computing
Asset management company WisdomTree launched a new ETF on the Cboe known as the WisdomTree Quantum Computing Fund (CBOE: WQTM). WisdomTree has publicly stated they will pursue allocating to companies developing both software and hardware that is critical to scaling up quantum computing and quantum networks.

The Enhanced Games Are Coming To Wall Street
Enhanced Games entered into a business combination agreement with A Paradise Acquisition Corp (NASDAQ: APAD) to become a publicly listed company. Enhanced Games is the first athletic competition ever that allows athletes to use performance enhancing drugs and steroids as long as they are legal in their country of origin and can be supervised by licensed doctors.

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The Sprint
Grayscale filed with the United States Securities and Exchange Commission to convert their existing Zcash trust vehicle into a publicly listed ETF on the New York Stock Exchange.
German based drone company Quantum Systems raised €180 million in an extension of their Series C financing round led in part by Peter Thiel’s family office.
Stablecorp won official regulatory approval for their QCAD stablecoin to launch in Canada, becoming the first ever compliant stablecoin in the country.

The Markets This Week
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+43.8% | Cipher Mining
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Top Trends This Week
+25.1% | Eric Jackson
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+22.9% | Silver Stocks
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