"The DAO" Market Cap Surpasses $6 Million, Up Another 150% in the Past 6 Hours

April 3rd — The International Monetary Fund (IMF) said in its latest report that tokenized finance is not a simple upgrade to traditional finance, but a structural transformation. It replaces intermediaries with smart contracts and shared ledgers, restructuring the global market’s architecture. Currently, the value of tokenized real-world assets (RWAs) has hit $27.5 billion, with over $12 billion tied to tokenized U.S. Treasury bonds. The IMF notes that while tokenization enables near-instant settlement and 24/7 trading, its speed, automation and programmability may amplify systemic risks—quickly spreading liquidity crises under market pressure—without the buffering effect of traditional settlement delays.

On April 3, prediction market platform Polymarket announced it has become the exclusive prediction market partner of Spain’s top-flight soccer league La Liga—marking the first major European soccer league to partner with a prediction market. Exclusive official match contracts for teams including Real Madrid and Barcelona are now available exclusively on Polymarket.

April 3 — The U.S. Commodity Futures Trading Commission (CFTC) has filed separate lawsuits against Arizona, Connecticut, and Illinois, reaffirming its exclusive jurisdiction over event contracts and prediction markets under the Commodity Exchange Act. The agency accuses the three states of seeking to prohibit, limit, or regulate registered designated contract markets (DCMs)—including platforms like Kalshi and Polymarket—through other state-level regulatory measures. The CFTC is asking federal courts to declare the states’ actions invalid and bar them from interfering with prediction market activities that comply with federal rules.

On April 3rd, TRUMP Token officially announced that boxing legend Mike Tyson has been invited to attend an exclusive lakeside mansion luncheon for TRUMP Token holders on April 25th. Tyson will deliver a speech at this exclusive cryptocurrency and business conference. Earlier reports noted that former President Trump will host a grand luncheon for TRUMP Token holders, with himself and 18 "superstars" in attendance. The top 297 token holders will be eligible to join the April 25th lakeside mansion event, while the top 29 holders will be invited to a special VIP reception and champagne toast—where they will share the stage with President Trump. As of now, the leaderboard for the TRUMP Token holder luncheon is topped by "Sun," with the second spot held by the Chinese username "Little x."

April 3rd (CoinDesk) — After firing Attorney General Pam Bondi, former President Trump appointed Todd Branch—his former personal lawyer and ex-Deputy Attorney General—as acting Attorney General. Branch previously disbanded the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) during his tenure as Deputy Attorney General and signed a memo telling prosecutors to stop pursuing regulatory violation cases involving the cryptocurrency industry. That memo was cited by the U.S. Attorney’s Office for the Southern District of New York in the case of Tornado Cash developer Roman Storm, resulting in one charge being dismissed. Notably, Branch held between $159,000 and $485,000 in crypto assets (including BTC, ETH, SOL, ADA) when he signed the enforcement memo—sparking questions about potential violations of ethics rules and his prior pledge to divest such assets before handling crypto-related matters. Recent U.S. government ethics disclosure filings show Branch has tran

April 3rd — Per OnchainLens monitoring, a newly created crypto wallet received 488,599 HYPE tokens from FalconX, with the tokens valued at $17.18 million.