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26 May 2026, 13:03

Binance Expands Pre-IPO Perpetuals with OpenAI Listing Following Strong Early Market Response

BitcoinWorld Binance Expands Pre-IPO Perpetuals with OpenAI Listing Following Strong Early Market Response Binance advances its broader financial platform strategy as users turn to crypto-native products to access major market narratives ABU DHABI, UAE, May 26, 2026 — Binance today announced the listing of its second Pre-IPO Perpetual Contract on Binance Futures, OPENAIUSDT Pre-IPO Perpetual , based on the anticipated public market valuation of OpenAI Group PBC (OpenAI”). The launch follows strong early market response to Binance’s newly introduced Pre-IPO perpetual category, which recorded more than $280 million in cumulative trading volume within its first five days after the debut of the inaugural SpaceX-linked contract. The early traction signals product-market fit for Binance Pre-IPO perpetuals, which are designed to give eligible users exposure to expected valuations of closely watched private companies ahead of potential public listings. Historically, this type of price discovery has been concentrated among institutional and private market participants. Binance is helping broaden that access by creating a more flexible and liquid way for users to engage with major market events as they develop. OpenAI is among the most prominent private companies in the world and has become one of the defining technology stories of this era. As global attention around artificial intelligence continues to accelerate, the listing of OPENAIUSDT Pre-IPO Perpetual gives users a new way to participate in market expectations around one of the most closely followed names in private markets. “The momentum we saw in the first days of this category launch is a strong signal that users are looking for new ways to access major market narratives through crypto-native products,” said Shunyet Jan, Head of Spot and Derivatives Business at Binance. “Reaching more than $280 million in cumulative trading volume within five days of our first listing gives us confidence in both the appeal of Pre-IPO perpetuals and our broader strategy to evolve Binance into a financial super app. As we democratize access to a wider range of financial opportunities, that vision is clearly resonating with users.” How Pre-IPO Perpetuals work: Ahead of an IPO, the contracts are expected to reflect publicly available pricing signals, including announced price ranges and final offering prices. Once the underlying company begins trading on public markets, the contracts will transition to reflect live market performance. In the event that an IPO is postponed or canceled, Binance will provide advance notice of any delisting and settle contracts according to a transparent process designed to support a consistent user experience. Binance may transition the contract into a standard TradFi perpetual contract framework once it determines that a stable mark price can be derived for the underlying asset. Listing Details: OPENAIUSDT Pre-IPO Perpetual is the second Pre-IPO futures contract to be listed on Binance and is expected to provide eligible users with exposure to market expectations surrounding OpenAI ahead of its public listing. The contract will be margined and settled in USDT. Additional information on leverage, tick size, funding rate and listing time can be found here . Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Pre-IPO Perps are subject to high market risk and price volatility. There may be particularly high volatility following official listing and the price may remain lower than the final IPO price. There is no guarantee that the IPO in respect of a share will proceed. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Pre-IPO Perps do not represent ownership of the relevant underlying share. Pre-IPO Perps are not associated or affiliated with, or sponsored or endorsed by, the issuer of the relevant underlying shares. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page . For more information, see our Terms of Use , Exchange Rules , Clearing Rules , Exchange Procedures , Clearing Procedures , Contract Specifications and Risk Warning . About Binance Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 310 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com . For all media queries, please contact: Adfactors PR [email protected] This post Binance Expands Pre-IPO Perpetuals with OpenAI Listing Following Strong Early Market Response first appeared on BitcoinWorld .

26 May 2026, 13:02

Something Big Will Hit XRP Ledger On May 27. Here’s How to Prepare

The XRP Ledger is approaching a significant technical threshold. On May 27, a protocol-level amendment will be activated. Every node running a version below rippled 3.1.3 will be blocked. That means they will lose the ability to communicate with the rest of the network. This is not a routine software suggestion. It is a hard network requirement. What Is Happening on May 27? The rippled 3.1.3 update has been available for over a week. According to XRP validator Vet (@Vet_X0), only 40% of the network’s 846 nodes had upgraded as of May 17. The amendment carrying the fix inside 3.1.3 reaches its activation threshold on May 27. At that point, any node still running an older version stops participating in the network entirely. Vet confirmed in a follow-up post that the deadline is fixed. Exchanges have already been contacted, and the XRP community is now reaching out to DEX interfaces, NFT marketplaces, and other projects building on the ledger to ensure they upgrade in time. In 36h all nodes running a lower version than XRP Ledger 3.1.3 will get amendment blocked. In order to continue operations please update your nodes, including validators. It takes literally 2 minutes. https://t.co/uvZekl38OM — Vet (@Vet_X0) May 25, 2026 The Importance of this Upgrade Amendment blocking is a built-in consensus mechanism on the XRP Ledger. It enforces network-wide agreement on protocol rules. When a supermajority of validators support an amendment for two consecutive weeks, it’s automatically activated. Nodes that have not adopted the new rules cannot process transactions or remain in sync with the rest of the network. This mechanism exists to keep the ledger consistent while maintaining its decentralization . It pushes the ecosystem to move forward together rather than allowing fragmented versions to persist. The May 27 activation is the system working exactly as designed. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What Node Operators Must Do Now The upgrade process is straightforward. Vet noted that updating “takes literally 2 minutes.” This update will also bring the ledger closer to version 3.2.0 , which many in the community are eagerly anticipating. Node operators, validators, exchanges, and project teams running infrastructure on the XRP Ledger need to update to rippled 3.1.3 before May 27. At press time, data from the network state dashboard shows that 484 nodes were running 3.1.3, bringing the total up to 57.4%. Another 197 remain on 3.1.2, 27 on 3.1.1, 53 on 3.1.0, 63 on 3.0.0, and 2 on 2.6.2. All of those will face amendment blocking if they do not act. Once the amendment activates and the network converges on 3.1.3, the XRP Ledger moves forward on a unified, patched protocol, preparing for XRP’s next phase of growth . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Something Big Will Hit XRP Ledger On May 27. Here’s How to Prepare appeared first on Times Tabloid .

26 May 2026, 13:00

OKX Pushes Crypto Innovation Further With Market-Building Tool

OKX says its new platform can handle up to 300,000 transactions per second, running at millisecond-level speed — a technical benchmark the company set out as it launched Exchange OS on Tuesday. A Shared Home For Different Markets The platform is built on X Layer, OKX’s Ethereum layer-2 network, and lets users build their own spot, perpetuals, and outcomes markets from the ground up. It draws on the same infrastructure that powers OKX’s main exchange, giving any market created on it access to a shared pool of liquidity. OKX founder and CEO Star Xu said the current state of crypto trading suffers from deep fragmentation. Trading, settlement, margining, and liquidity functions, he argued, remain trapped inside disconnected venues — even as blockchain made open asset issuance possible. Exchange OS is designed to pull those functions under one roof, creating what Xu described as a shared environment where different market types can run on the same underlying rails. Users building on the platform can also create their own assets, oracle systems, revenue models, and compliance frameworks. The setup supports both permissioned and permissionless arrangements, meaning a regulated institution could run a fully KYC-compliant venue on the same infrastructure stack as a permissionless Web3 project. The First Market To Go Live The first market to be built on Exchange OS will be tied to the FIFA World Cup , structured as a predictions-style market. It marks the opening move in a three-phase rollout that OKX laid out publicly. The current phase is limited to select partners who are building on the platform before it opens to the public. A wider public launch is planned for the third quarter of 2026, with protocol upgrades set to follow in the fourth quarter and beyond. OKX has been expanding well past its origins as a spot and derivatives exchange. Reports indicate the company has moved into tokenization and has rolled out infrastructure to support transactions by AI agents — two areas drawing heavy investment attention across the industry. A Platform Play With Broad Ambitions The Exchange OS launch positions OKX not just as a trading venue but as infrastructure other builders can use. Xu framed it as a fix for a market structure problem, not simply a new product. Whether developers and institutions choose to build on X Layer over more established networks remains to be seen. The Q3 public opening will be the first real test of how much demand exists for what OKX is offering. Featured image from Unsplash, chart from TradingView

26 May 2026, 13:00

Examining Dogecoin’s next move as leverage rises around KEY support

Dogecoin whales opened $3.78 million worth of long positions and took $4.76 million limit orders.

26 May 2026, 12:57

Spain’s Consumer Rights Ministry temporarily bans prediction markets Kalshi, Polymarket

Spain’s Consumer Rights Ministry has placed a temporary ban on prediction markets Kalshi and Polymarket for not having gambling licenses to operate in the country. Spain is among several European nations that have banned prediction markets , classifying them as a form of gambling. The temporary ban in Spain will last for about 3-4 months as regulators finalize their investigations. Spanish authorities have also noted that unauthorized operators do not implement safety measures, such as strict identity verification and access controls. These platforms also lack control access measures for self-excluded individuals or those who are legally banned from gambling. France previously blocked these platforms due to similar concerns about event-based gambling without proper licensing. Spanish ISPs implement network-level blocks Spanish internet service providers (ISPs) are enforcing government-ordered blocks to implement coordinated network-level restrictions. The Ministry of Social Rights, Consumer Affairs, and the 2030 Agenda has issued an official order that the Directorate General for Gambling Regulation (DGOJ) is using to compel Spanish ISPs to cut off local access. Major national telecommunications providers are also expected to deploy specific protocols to effect the temporary block. These providers include Vodafone España, Telefonica (Movistar), and Orange España. The ISPs’ Domain Name System (DNS) servers will redirect requests when users in Spain attempt to access the Kalshi and Polymarket domains. Notably, traffic will be redirected to a government landing page displaying an official advisory notice, rather than to the platforms’ actual IP addresses. ISPs will also block traffic at the network layer to prevent users from switching to DNS servers such as Cloudflare or Google DNS to bypass DNS blocks. The IP addresses linked to Kalshi and Polymarket will be added to routing blacklists. All incoming and outgoing data packets trying to communicate with those two destinations will be automatically dropped. Additionally, major Spanish ISPs are expected to use DPI tools to monitor packet headers in real time. The ISPs’ hardware will detect and block the connections when users try to reach the specific content delivery networks (CDNs) or API endpoints used by the two prediction markets. Regulators around the world rush to control prediction markets Regulators around the world are rushing to gain control of prediction markets as the sector surpasses $127 billion in total global trading volume. These platforms have completely blurred the lines between speculative sportsbooks and financial derivatives. There is a mismatch in how governments and innovators define the use of these platforms, arising from differences in how they define them. Meanwhile, operators and advocates view prediction markets as powerful tools for societal forecasting by leveraging “the wisdom of crowds” through financial incentives. These platforms produce real-time, accurate data on global events that outperform traditional polling. Proponents also argue that these prediction markets function like financial markets. They allow institutions to hedge real-world risks such as policy changes, geopolitical shifts, or inflation. Sovereign governments are increasingly viewing these platforms as a source of “consumer harm .” Regulators are classifying bets on real-world outcomes as gambling because these contracts do not involve a stake in value-producing assets, as in traditional equity markets. Spain is among the countries arguing that omitting compulsory gambling licenses allows platforms to bypass key protections against money laundering, gambling addiction, and the participation of minors. The clash has divided international regulators into two camps: containment vs structural integration. On one hand, the U.S. CFTC is shifting its approach, moving away from complete bans toward classifying event contracts as regulated “swaps.” The agency is also actively enacting anti-insider trading standards. On the other hand, the EU lacks a unified framework, leaving jurisdictions to enforce localized gambling blocks . Crypto-linked platforms in the region are also facing upcoming pressure under the EU’s MiCA market abuse regimes. Global bodies are growing increasingly uneasy over individuals using non-public information to profit from high-stakes geopolitical crises, corporate secrets, or military conflicts. Localized regulatory blocks often prove difficult to enforce because many of these platforms run decentralized code on public blockchains. Government ministries across the world are forced to target intermediaries such as VPN providers and local domain registries to control access. The smartest crypto minds already read our newsletter. Want in? Join them .

26 May 2026, 12:57

Ian De Bode takes over as Ondo Finance loses CEO and founder unexpectedly

The digital asset space has directed a wave of tributes and well-wishes to the Ondo Finance project and the family of its founder, Nathan Allman, who they announced had passed unexpectedly in a late Monday post. However, even as market stakeholders took time to celebrate a “pioneer in RWA,” as Binance founder Changepeng Zhao (CZ) described the founder, markets quickly reacted with FUD in reaction to a loss that immediately raised questions about leadership continuity at one of the largest tokenized real-world asset firms in crypto, with $3.5 billion in total value locked. RIP, pioneer in RWA. Condolences to his family. — CZ 🔶 BNB (@cz_binance) May 26, 2026 The firm did not disclose a cause of death. Who was Ondo Finance founder Nathan Allman? Nathan Allman graduated from Brown University and worked on Goldman Sachs’s digital assets team before launching Ondo in 2021. Under his watch, the company grew into a major force in the tokenization of traditional financial products. Its flagship offerings include OUSG, a tokenized U.S. Treasury fund, and USDY, a yield-bearing stablecoin. Ondo also built Ondo Global Markets, a platform for tokenized equities. “Nate’s brilliance, humility, and drive shaped every part of what Ondo is today,” the company wrote on X. “His belief in the power of technology to create a more open, accessible financial system lives on in everything we build.” Who is Ondo Finance’s new CEO? In the same statement announcing the passing of its founder, who also doubled as CEO, Ondo declared that Ian De Bode , who has served as Ondo’s president for more than two years, will become chief executive. Before Ondo Finance, De Bode was a partner and head of digital assets at McKinsey. According to the company, De Bode has overseen strategy, product development, and daily operations during that period and has the full support of the leadership team. De Bode is not an unknown quantity. Earlier this month, he represented Ondo alongside JPMorgan, Mastercard, and Ripple in what the company called the first near real-time, cross-border redemption of a tokenized U.S. Treasury fund, as Cryptopolitan reported . That transaction connected the XRP Ledger with bank settlement infrastructure through Kinexys by JP Morgan and Mastercard’s Multi-Token Network. “This milestone represents the first time tokenized U.S. Treasuries have settled across borders and banks in near real time and outside traditional banking windows,” De Bode said during that announcement. De Bode had the same message as Ondo in his reaction to the untimely passing of the man he steps up to replace, saying, “The mission of Ondo, Nate’s mission, has not changed .” Markets have little room for sentiment The ONDO token dipped roughly 4% following the announcement, according to CoinMarketCap data tracking the price, though broader market weakness made it difficult to isolate sentiment around the news specifically. ONDO is trading near $0.43 on Tuesday, down about 80% from its all-time high of $2.14 set in December 2024 but still up sharply over the past month. On the longer-term frame, Ondo’s dominant position in the tokenized real-world assets is sure to be evaluated by institutional partners looking at whether the company can sustain its growth trajectory under new leadership. Similar founder-to-successor transitions in finance and technology have drawn similar comparisons. When Tim Cook replaced Steve Jobs at Apple, every product launch and public statement was scrutinized for signs that the new leader could match the founder’s vision. More recently, Greg Abel’s elevation at Berkshire Hathaway after Warren Buffett stepped back drew the same intense attention, as Cryptopolitan reported . What Ondo built under Allman Ondo’s position in the RWA market is substantial. The company controls about 60% of the tokenized equity market, with $557 million spread across 230 assets in eight categories, according to rwa.xyz data cited in Cryptopolitan’s reporting . Its OUSG product alone held over $620 million in assets as of late May, per rwa.xyz. In April, Ondo filed a no-action letter request with the SEC asking the regulator to confirm that an expansion of its Ondo Global Markets product would not trigger enforcement action. The SEC had closed a roughly two-year investigation into Ondo in December 2025 without charges. The company said it would continue building what Allman started, calling that effort “the most meaningful way to honor him.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .