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Meta to end Horizon Worlds VR access on June 15 and shift to mobile-only
Meta said it will discontinue virtual reality access to Horizon Worlds on Meta Quest headsets on June 15, moving the flagship metaverse product to a mobile-only experience. Horizon Worlds debuted in late 2021 as a VR-first multiplayer platform for building and publishing virtual spaces and games. The change follows continued losses at Reality Labs and a broader company shift toward mobile experiences.
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SEC issues interpretive notice saying most crypto assets aren't securities under federal law
The US Securities and Exchange Commission said in a Tuesday interpretive notice it will outline how "non-security crypto assets" fit under federal securities laws as Congress considers market-structure legislation. The guidance sets a token taxonomy and discusses when assets may be treated as investment contracts, including airdrops, protocol mining and staking, and wrapping. SEC Chair Paul Atkins said the approach recognizes that most crypto assets are not securities, while tokenized traditional securities remain subject to securities laws.
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Ironlight Group raises $21 million to expand tokenized securities ATS platform
Ironlight Group said it raised $21 million from Greg Braca, the Sei Development Foundation, and Laidlaw Private Equity to scale Ironlight Markets ATS for regulated tokenized securities. The broader tokenized market is projected to reach $2 trillion to $11 trillion by 2030, while tokenized stocks hit a $1.05 billion market cap after 10% growth over the past 30 days. Ethereum, Solana, and BNB Chain lead settlement with nearly $400 million, $286 million, and $230 million respectively.
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Four projects pushing prediction markets beyond Polymarket's playbook
Polymarket helped prediction markets become a mainstream onchain category, and newer teams are now stretching the model in different directions. The lineup includes Frenzy Finance's 10-second price-tick forecasting on Base, Fact Machine's Solana "opinion market" design that separates bettors from proof-of-personhood voters, Context's V2 focus on AI agents with 20+ tools and 50+ CLI commands, and Hyperliquid's HIP-4 binary contracts that settle to 0 or 1 on testnet.
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