S&P Global Announces Another Big Crypto Move, Partners with Kalshi
S&P Global is extending its index business into prediction markets through a partnership between S&P Dow Jones Indices and Kalshi. This comes as the financial information provider continues to expand its digital asset strategy following its completed acquisition of blockchain security firm OpenZeppelin. Announced on…
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Explained in this story
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyAcquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
More about AcquisitionBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in Finance
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