News

Cathie Wood stated that as the global monetary system shifts, Bitcoin will outperform gold. She expects the Bitcoin-to-gold ratio to change, with Bitcoin rising and gold declining. (Bitcoin Archive)

BlockBeats News, April 4th, according to Bloomberg, global financial services platform Marex Group Plc issued the world's first bond-like note linked to forecast market outcomes. Unlike traditional binary options contracts, the specific terms of this product are: if one year later Nvidia Corp. remains the world's largest company by market cap, investors will receive a 7% coupon; if not, the principal will be fully repaid (only losing potential interest, without bearing the full principal risk). The report stated that the issuance size of this note is approximately $10 million, sold to Swiss institutional clients, limited to areas outside the United States (due to regulatory reasons). Marex can dynamically hedge risks through prediction market platforms such as Kalshi. The report pointed out that this is the latest attempt by Wall Street institutions to "securitize" the power of prediction markets, providing a compliant, low-risk entry path for traditional large funds.

Golden Ten Data reported on April 4 that the Middle East is not only an important energy hub but also a major exporter of fertilizers. As the tensions between the US, Israel, and Iran continue to escalate and shipping through the Strait of Hormuz is affected, the global fertilizer supply is facing risks. India, as a major agricultural nation, is also one of the world’s largest fertilizer importers. Recently, some farmers in India have expressed concerns about fertilizer supplies and the planting season. The Indian government is currently working to stabilize fertilizer supplies by increasing subsidies and strengthening distribution. Overall, fertilizer prices in the market remain relatively stable for now. However, as the peak planting season approaches, demand for fertilizers will rise rapidly, and the supply-demand imbalance may further intensify.