Crypto Prediction Markets Move Into Mainstream Finance as Institutional Inter…

In recent developments, traditional finance firms are expanding into crypto prediction markets as event-based contracts draw deeper liquidity. Chainalysis said inflows have risen sharply since September 2024, supported by retail…

Kalshi see valuation double to $22B after $1B raise as prediction markets boom

In recent developments, fresh capital from top Wall Street and Silicon Valley firms signals increasing confidence in regulated event trading and retail prediction markets. Looking closer, market participants highlight key…

Prediction Market Fight Deepens as 40 States Push Back on CFTC

In recent developments, a multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than…

Prophet launches AI-powered prediction market with live $10,000 trading tranche

In recent developments, prophet, an AI-native prediction market platform, has launched its first live trading tranche, introducing a system where an AI model acts as the counterparty to user trades…

Prediction markets entering institutional era after first block trade — Ber…

In recent developments, institutional investors are entering prediction markets as block trades, custom contracts and US regulatory shifts reshape a sector still dominated by retail users. Looking closer, market participants…

Kalshi, Polymarket among 27 prediction platforms banned in Brazil

In recent developments, brazil has blocked 27 prediction market platforms, including Kalshi and Polymarket, as new rules classify many contracts as gambling. Looking closer, market participants highlight key drivers such…

Brazil Issues Ban on Non-Financial Prediction Market Contracts

In recent developments, the measure, which would affect international prediction markets, like Polymarket and Kalshi in Brazil, is part of a battle against illegal gambling by President Lula’s Administration. According…

New York, Illinois sign EO banning state employees from prediction markets

In recent developments, new York Governor Kathy Hochul criticized the Trump administration for not implementing any “meaningful ethical standards” to curb insider trading in prediction markets. Looking closer, market participants…

New York AG Sues Coinbase and Gemini Over Illegal Prediction Market Gambling …

In recent developments, new York Attorney General Letitia James filed lawsuits Tuesday against Coinbase Financial Markets and Gemini Titan, alleging their prediction market platforms operate as illegal gambling businesses under…

CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperl…

In recent developments, sports and war prediction markets and crypto-backed perpetual futures came under fire during a House committee hearing Thursday. Looking closer, market participants highlight key drivers such as…