Founders Fund

Polymarket has reportedly fired chief marketing officer Matthew Modabber after an internal investigation into several incidents, including an alleged fake-trade promotion scheme. The move comes as the crypto-powered prediction market works to improve its public image while weighing a possible initial public offering.

Founders Fund led a $5 million purchase of Anvil governance tokens, with Pantera Capital, Theta Blockchain Ventures, Bullish and Protoscale Capital also participating. The Ethereum-based collateral protocol is rolling out a software development kit designed to help businesses and financial institutions integrate digital-asset guarantees without writing blockchain code.

Ondo Finance was pitched to prospective buyers after founder and CEO Nathan Allman died, people familiar with the matter said, though the company denies any sale effort. A legal battle over corporate control has likely stalled any potential transaction while the tokenization firm continues operating under court-imposed limits.