Opinion has raised $20 million in a pre-Series A spherical, indicating rising investor conviction that onchain settlement is turning into the defining infrastructure layer for prediction markets. The funding spherical was backed by Hack VC, Jump Crypto, Primitive Ventures, Decasonic, and different buyers, in accordance to the corporate. Opinion is positioning itself round onchain settlement…
Yahoo Finance has launched its Polymarket-powered prediction markets hub, making the decentralized platform’s real-time odds accessible to the location’s 150 million month-to-month guests. The integration, which went stay on January 30 in keeping with DeFi Rate’s net archive analysis, comes almost three months after the deal announcement. It is also a contributing issue behind Polymarket’s…
Sporttrade, the Camden, New Jersey-based sports activities buying and selling change, has formally utilized for Designated Contract Market (DCM) standing with the Commodity Futures Trading Commission, a transfer that would place it as the first firm ever to maintain each state gaming licenses and federal change registration concurrently. Sporttrade’s CFTC submitting has a date of…
Hyperliquid has launched a brand new derivatives primitive that might change how prediction markets and non-linear contracts are constructed on-chain. The decentralized change (DEX) introduced that HyperCore will help end result buying and selling below the HIP-4 proposal. The announcement got here as Hyperliquid’s native token, $HYPE, recorded sharp good points alongside a surge in…
Plus500 has launched prediction markets for US retail shoppers via its B2C model, Plus500 Futures. It will provide federally regulated occasion contracts delivered in partnership with Kalshi and cleared straight by Plus500. The transfer is Plus500’s most direct entry but into event-based buying and selling. It comes amid a push by brokers and exchanges to…
Prediction markets tracked the rise of Zohran Mamdani’s mayoral victory. Now, they’re seemingly placing one in all his marketing campaign desires into motion. In an odd twist, each Kalshi and Polymarket have opened “free” grocery shops in New York City. In an odd twist, each Kalshi and Polymarket have opened “free” grocery shops in New…
DraftKings is reportedly making an enormous play on crypto. The sports activities betting big intends to implement a cryptocurrency deposit function, in accordance to info shared at a Massachusetts Gaming Commission (MGC) listening to final week. The change would permit DraftKings prospects in 4 states to fund their accounts with digital currencies, changing crypto to…
Jupiter is bringing Polymarket to Solana for the primary time. This is a big step within the growth of on-chain prediction markets. Moreover, it signifies Jupiter’s ambition to turn out to be a prediction hub throughout the Solana ecosystem. The decentralized trade introduced the combination on X, describing the transfer as a means to let…
The White House is popping up the strain on crypto regulation – and this time, it’s setting a deadline. At a closed-door assembly on Monday between crypto corporations, banks, and coverage officers, the White House reportedly advised either side they want to attain a deal on stablecoin yield by the tip of February. New: At…
Cboe Global Markets needs to maintain it easy with their foray into the prediction market — however is it as straightforward as they suppose? The Chicago-based venue for choices buying and selling confirmed that it was in early talks with brokerages and market makers, in line with a Feb. 2 report within the Wall Street…