ARK Invest Offers Venture Fund Tokens on Ethereum. Eligible investors gain Ethereum-based exposure to private companies including OpenAI, Anthropic, Stripe, and Databricks.

Fed Proposes Stablecoin Reserve Rules Under GENIUS Act. The Federal Reserve opened a 60-day public comment period on proposed capital and application rules for stablecoin issuers.

New York Sues Polymarket Over Unlicensed Gambling Operations. State officials are seeking to ban the platform from New York and recover financial penalties for illegal activity.