Prediction Markets
Polymarket Hiring In-House Team to Trade Against Customers — Here's Why It's a Risk
The prediction market’s move toward internal market making could blur the line with sportsbooks and undermine the platform’s neutrality, experts warn.

CZ Teases New BNB Chain Native Prediction Market Predict.Fun
Predict.fun aims to fix prediction markets’ biggest inefficiency, user funds sitting idle for weeks or months without earning yield, while tapping the large userbase of BNB Chain.

Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting
The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.

Fanatics Enters Prediction Markets With App Live in 10 States
Sport clothing and collectibles giant Fanatics has launched Fanatics Markets, letting users trade outcomes of sports, politics and more — with crypto and IPO bets coming by 2026.

CNN to Use Kalshi Prediction Markets Across Its News Coverage
The deal brings market-implied probabilities into CNN’s newsroom and introduces a Kalshi-powered ticker for segments that rely on event contracts.

Kalshi Raises $1B at $11B Valuation as Prediction Market Race Heats Up
Kalshi secures a massive funding boost led by Paradigm, widening its lead over Polymarket as trading volumes surge and both platforms pursue fresh capital.

Kalshi Launches Tokenized Event Bets on Solana Blockchain: CNBC
The prediction market is rolling out tokenized contracts on Solana to meet crypto traders where they already are, Kalshi told CNBC.

State of Crypto: Kalshi and Prediction Markets Face a Setback
The court cases will continue for the moment.

Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX
Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.

Nevada Just Shattered Prediction Markets’ Favorite Theory in Kalshi Ruling
Nevada’s ruling says sports outcome contracts on a federally regulated exchange are not swaps, opening the door for state gambling laws to apply.
