Turkey makes official move into web3 infrastructure

Turkey's Directorate of Communications has registered cbiletisim.​eth, marking the government's first step in establishing an official onchain identity through the Ethereum Name Service.​

The initiative is part of Turkey's broader digital transformation strategy, which centers on AI and blockchain technologies.​ ENS was prominently featured at the Directorate's offices in Ankara as a core component of this infrastructure.​

Key developments:

• First government entity to adopt ENS for official communications
• Part of Turkey's national AI and blockchain initiative
• Demonstrates ENS functioning as internet infrastructure at governmental level

This represents a practical application of blockchain naming systems beyond cryptocurrency, with a national government choosing ENS for its digital identity framework.​

Official announcement

Hypercall is launching $SPX options trading this week on the Hyperliquid platform.​

Market Potential

• Capturing just 1% of the market would represent $28 billion in daily option volume
• This could generate billions in delta hedging open interest on Hyperliquid Perps

Unique Positioning Hypercall will be the only venue globally where traders can access both $SPX and $SPCX options in one place.​

Recent Developments

• $SPCX options launched earlier this month
• Hypercall claims to be the largest options venue for what they describe as the largest IPO in history

The platform continues to expand its derivatives offerings on the Hyperliquid infrastructure.​

Kraken is offering early access to the SpaceX IPO through its xStocks platform (SPCXx).​ Users can submit their interest before the window closes, though allocation depends on demand and is not guaranteed.​

Key details:

• First major IPO offering on Kraken's new IPO Access feature
• Price range and details available in the Kraken app
• If allocated, users can trade from day one
• Submission deadline approaching

This marks Kraken's entry into providing retail access to high-profile IPOs that were previously difficult for individual investors to participate in.​ The xStocks platform aims to democratize access to traditional equity offerings through the crypto exchange infrastructure.​