Kalshi’s valuation has surged from $2 billion to $22 billion in simply 9 months, highlighting how shortly valuations in the prediction market business are rising as buying and selling exercise accelerates. The firm has raised greater than $1 billion at a $22 billion valuation, in accordance to a March 19 report from The Wall Street…
Major League Baseball is getting into the prediction market area simply days earlier than Opening Day, placing a partnership with Polymarket whereas additionally signing a first-of-its-kind settlement with the Commodity Futures Trading Commission (CFTC) to coordinate on market oversight. The Polymarket deal provides the alternate entry to official league information and branding. MLB and the…
The litigation staff defending Kalshi unpacked the Commodity Futures Trading Commission’s (CFTC) recent steerage on prediction markets throughout a webinar this week. The regulation agency Milbank hosted “The CFTC’s New Guidance on Prediction Markets: What You Need to Know” on Tuesday. The CFTC released a regulatory expectations advisory and an Advanced Notice of Proposed Rulemaking…
Arizona Attorney General Kris Mayes filed criminal charges against Kalshi in the present day, accusing the CFTC-regulated prediction market platform of working an unlawful playing enterprise in the state and accepting bets on Arizona elections. It’s the primary time any state has introduced prison costs in opposition to the corporate, and a major escalation from…
Prediction markets generated greater than $200 million in reported buying and selling tied to the 2026 Academy Awards, as contracts associated to Hollywood’s greatest evening drew heavy exercise on Kalshi and Polymarket. The whole displays buying and selling throughout dozens of Oscars-related markets on the 2 platforms, together with contracts predicting who would win particular…
Kalshi has introduced what’s the largest bracket problem prize in sports activities historical past: $1 billion for anybody who appropriately predicts the winner of each sport in the 2026 Men’s Basketball Tournament. The $1 billion determine rewrites what the finest March Madness bracket contests appear to be, dwarfing each prize that has come earlier than…
Autonomous synthetic intelligence (AI) brokers are starting to handle inboxes, commerce on prediction markets, and reply to messages, generally with no need their customers to even be awake. From “Clawdbot” to “OpenClaw,” the open-source AI agent able to performing autonomously has generated important buzz throughout social media. Users seem fascinated by the concept of handing…
A brand new trade report launched this week by playing trade media and occasions agency NEXT.io suggests prediction markets might develop right into a trillion-dollar buying and selling market, as exercise round sports activities and different occasion contracts accelerates. The report estimates world prediction market transaction quantity reached $63.5 billion in 2025, up roughly 400%…
Polymarket is partnering with information analytics agency Palantir Technologies and artificial-intelligence developer TWG AI to monitor buying and selling exercise in sports activities markets as prediction platforms face rising scrutiny over insider buying and selling and market integrity. “Our partnership with Palantir and TWG AI permits us to apply world-class analytics and monitoring to sports…
Prediction markets have functioned as a yes-or-no, all-or-nothing system, with payouts occurring provided that a market resolves a sure means. Will Michael B. Jordan win the Oscar? Yes or No. Will Fernando Mendoza be the No.1 general choose within the NFL draft? Yes or No. Simple, binary decisions with clear $0 or $1 per contract…