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Polymarket is considering a deal that would value the company at $9 billion. That's according to a

report from the information. The number is a dramatic climb from its $1 billion valuation just

three months ago when it raised funds in a round led by Peter Thiel's Founders Fund.

The surge comes as the CFDC recently cleared the prediction market to operate in the U.S. after a prior ban.

Rival CalShe's valuation has also grown to $5 billion, according to the report, highlighting momentum in prediction markets.

The London Stock Exchange has facilitated the first transaction on a new blockchain-based

platform for private funds. According to a Monday announcement, the digital markets

infrastructure is designed to use blockchain technology across the full life cycle of an asset,

from issuance to settlement with greater scale and efficiency.

The first transaction was conducted by investment manager,

Members Cap and Digital Asset Exchange Archax,

who were the first clients of DMI.

Tradfai exchanges and numerous markets have been embedding blockchain technology into their platforms.

Just last week, the NASDAQ filed an SEC proposal to tokenize stocks on its exchange. And Tesla stocks were trading 7% higher at market Open after an SEC filing revealed Elon Musk purchased nearly 2.6 million shares. The surge in Tesla ripped through crypto and AI mining stocks with BitFarms, iron and hive on the rise as of this morning.

BitF was up almost 20% at $2.67, extending its weekly rally of more than

100%. AI-focused mining stocks continue their strong performance as well, with IRN up over 150%

year-to-date. Hive also gained 12% at market open, adding to its 80% rise over the past month. That's a wrap for

CoinDesk Daily. Get more updates on CoinDesk.com and we'll see you next time.