The Daily Data Room: Monday, November 11th, 2024

The Daily Data Room is curated by Sílvia Teixeira

Today's headlines include Deutsche Bank joining Singapore's Project Guardian to advance tokenization, FTX's $1.8 billion lawsuit against Binance and Changpeng Zhao for alleged financial sabotage, pro-crypto PACs winning the majority of their endorsed candidates, and Vitalik Buterin recognizing Polymarket as a valuable information source.

• The German central bank has joined Project Guardian, a Singapore-led initiative that aims to transform global capital markets through asset tokenization.

• FTX has sued Binance and its former CEO, Changpeng Zhao, seeking to recover approximately $1.8 billion.

• Pro-crypto political action comittees?(PACs) won huge successes in the United States elections, with 48 of their sponsored candidates winning, positioning the industry for greater power in Washington.

• According to Vitalik Buterin, prediction markets such as Polymarket can be more than just a platform for betting on elections.

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