Paolo Ardoino

Polymarket, a crypto-native prediction market, now supports instant Bitcoin deposits via the Lightning Network using Spark's infrastructure. This update offers faster, more private transactions compared to previous on-chain methods, reducing wait times and fees. Spark handles validation and confirmation risks, enabling self-custodial deposits tied to user keys.

Tether International has acquired SoftBank's stake in Twenty One Capital, a Bitcoin treasury company, consolidating control over one of the most prominent public Bitcoin vehicles. The transaction removes the last major outside ownership bloc from Twenty One's founding structure. Tether now has full control over Twenty One Capital.

Senators Elizabeth Warren and Ron Wyden are investigating a loan from Tether to a trust benefiting Commerce Secretary Howard Lutnick's children. They requested details from Lutnick and Tether CEO Paolo Ardoino, following a Bloomberg report about Lutnick selling his stake in Cantor Fitzgerald to his four children.

Visa is partnering with a co-founder of Tether to develop onchain banking solutions, aiming to integrate blockchain technology into traditional financial systems. This collaboration highlights growing interest in decentralized finance (DeFi) and blockchain-based financial services.

U.S. President Donald J. Trump defended cryptocurrency legislation at a private event attended by boxer Mike Tyson and Tether CEO Paolo Ardoino. The discussion highlighted Trump's support for regulatory frameworks in the crypto industry.

Tether has participated in an $8 million strategic funding round for RWA firm Kaio. Tether CEO Paolo Ardoino highlighted Kaio's role in creating new pathways for capital formation and investment.