Hyperliquid Launches Outcome Markets on Mainnet
CW18 Hyperliquid launched Outcome Markets on mainnet, introducing fully collateralized prediction-style contracts. PayPal announced a new three-unit operating structure including crypto services. Meanwhile, SBI Holdings began due diligence for a potential acquisition of Bitbank
Hyperliquid launches Outcome Markets on mainnet
Hyperliquid announced that Outcome Markets (HIP-4) are now live on mainnet, currently in a feature-limited initial version. Outcome Markets are fully collateralized contracts that settle within fixed intervals, suitable for prediction markets and range options, without involving leverage or liquidation mechanisms. The first phase aims to validate technical implementation.
The first launched market is a daily binary Outcome contract, settling daily at 06:00 UTC based on Hyperliquid's BTC mark price. The team stated that more features and market types will be rolled out in phases, welcoming community feedback.
PayPal announces strategic reorganization
PayPal will transition to a simplified three-business operating model to accelerate growth: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. This restructuring aims to streamline operations and better position each business unit for growth in their respective markets. The move reflects PayPal's effort to sharpen its strategic focus amid increasing competition in both payments and crypto sectors.
See press release: https://newsroom.paypal-corp.com/2026-04-29-PayPal-Announces-Strategic-Reorganization-to-Accelerate-Growth
SBI initiates due diligence to acquire Bitbank
SBI Holdings has begun due diligence targeting the acquisition of Bitbank, one of Japan's major cryptocurrency exchanges. This move signals SBI's continued expansion in the digital asset space, building on their existing crypto-related businesses.
Bitbank, established in 2014, represents a significant player in Japan's regulated crypto market, making it a strategic acquisition target for SBI's growing financial services portfolio.
See announcement: https://www.sbigroup.co.jp/news/2026/0501_16298.html
About 1Token:
1Token is a digital asset investment management platform providing Crypto PMS, RMS, and Portfolio Accounting Software, managing over $20 billion in assets for more than 100 clients worldwide.
All-in-one support designed for allocators, portfolio managers, treasury managers and fund operations and accountants, seeking transparency and control.
- Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance.
- Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend.
- Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.
Comments ()