According to the FT, US foundations and university endowments are ramping up their investment in cryptocurrencies, which, despite their volatility, have far outperformed other asset classes over the past five years, with many who had been sitting on the sidelines now jumping in, fearing they would miss out on a price rise.
On August 19, Ding Xuedong, Secretary of the Party Group of the National Social Security Fund Council, wrote in the Study Times that we should actively integrate into the national strategy and do a good job in the combination of science and technology finance and pension finance. As an important participant in capital markets and a typical long-term capital and patient capital, we must continue to increase investment in domestic capital markets, increase long-term equity investment in strategic ...
On August 3, the State Council recently issued the "Opinions on Promoting the High-Quality Development of Service Consumption". The "Opinions" propose to strengthen fiscal, taxation and financial support. Encourage qualified regions to make use of existing funding channels and actively guide social investment, support the digitalization of life services, the cultivation of industrial clusters and agglomeration areas, the construction of public service platforms and standardization construction, ...
Decentralized forecasting platform Polymarket reached $100 million in monthly trading volume in June as speculators ramped up their predictions about the outcome of the US Presidential Election. January-May trading volume hovered between $38.90 million and $63 million, up 620% from the previous five months (August-December 2023). Token Terminal data shows that the total value locked up by Polymarket is currently $40.20 million, an increase of nearly 69% over the past 30 days.