BlackRock CEO Larry Fink: Crypto's Role is Digitizing Gold

**Correlation inefficiencies** in prediction market parlays present major opportunities for liquidity providers. Kix highlighted on Against The Odds that **whoever solves correlation modeling** can: - Provide maximum liquidity - Unlock leverage for users - Capture market inefficiencies This builds on previous insights that **leverage is the missing piece** for prediction market efficiency. The correlation challenge remains largely unsolved, creating opportunities for sophisticated market makers. Guests @Tyler_Did_It, @0xGeebz, and @SpeculatorArt discussed these dynamics on the latest episode.

**Rug Radio and Myriad Markets** are hosting an exclusive Solana-themed event in Singapore, partnering with Auros Global. The gathering brings together: - Leading builders and traders - VCs and media professionals - Web3 community members Inspired by Japan's traditional sake bar culture, the event offers networking opportunities in an intimate setting. **Sponsors include:** - Double Zero - Arkham - Bonk Inu Spots are limited for this exclusive gathering. [RSVP here](https://luma.com/sq4y5dgc?s=08) to secure your place at this unique web3 networking experience.

**Tether reportedly pursuing massive funding round** The stablecoin issuer is seeking up to $20 billion in new funding at a $500 billion valuation, according to Bloomberg reports. **Key details:** - Funding round would be one of the largest in crypto history - Valuation reflects Tether's dominant position in stablecoin market - Company previously reported $4.5B in profits, showing strong financial performance **Context:** Tether's USDT remains the world's largest stablecoin by market cap. The company has been diversifying investments under new leadership while maintaining its core stablecoin operations. This funding round signals continued institutional interest in stablecoin infrastructure as the market matures.

**EigenLayer** has announced a significant partnership with **Google Cloud** to develop their new **Agent Payments Protocol**. This collaboration brings together EigenLayer's restaking infrastructure with Google Cloud's enterprise capabilities to create a payment system designed for AI agents. The partnership was discussed on **FOMO Hour** with hosts Farokh and Tyler, highlighting the growing intersection between AI, payments, and blockchain infrastructure. - EigenLayer continues expanding beyond traditional restaking - Google Cloud adds another major web3 partnership - Agent payments represent emerging use case for crypto infrastructure

**Forward Industries** made a significant move into Solana, purchasing **$1.6 billion worth of SOL** tokens. The company still has an additional **$4 billion ready to allocate**, suggesting more major investments could be coming. This massive institutional buy-in signals growing corporate confidence in Solana's ecosystem and potential for continued growth. - Total potential investment: $5.6B across both tranches - Represents one of the largest corporate SOL purchases to date - Could indicate broader institutional adoption trend The timing aligns with what many are calling "SOL season" as the network continues gaining traction.