Prediction Markets
Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ
Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
Polymarket shelves nuclear detonation markets after outcry
Nuclear weapon-themed markets aren’t new on the prediction market platform, but public outcry about the contracts has apparently forced the platform to delete them.
Nasdaq follows Cboe joining world of 'binary bets' as prediction market craze hits Wall Street
The exchange has filed a proposal with the SEC to list yes-or-no bets on the Nasdaq-100 amid continued demand for prediction markets.
Coinbase’s head of litigation says states are 'gaslighting' on prediction markets
Ryan VanGrack says states are misrepresenting federal law as they move to block prediction markets.
Coinbase litigation head challenges state "gaslighting" over prediction markets
Coinbase’s VP of Legal and Global Head of Litigation, Ryan VanGrack, joins Jennifer Sanasie and Renato Mariotti to discuss why the company is challenging state regulators to ensure a unified federal framework for prediction markets. He also shares why he believes bipartisan market structure legislation is still on the table despite recent setbacks.
MrBeast editor nabbed by prediction market firm Kalshi for alleged insider trading
The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.
Prediction market firms could be making $10 billion in yearly revenue by 2030, Citizens Bank says
The bank said rising volumes, tighter market structure and early institutional engagement are pushing prediction markets beyond their gambling roots toward a new asset class.
U.S. Federal Reserve researchers sing praises of prediction markets
A deep look at predictions on Kalshi called such platforms valuable to policymakers and researchers, according to a new Fed paper.
What happens on prediction platforms can steer traditional markets, NYSE chief says
Prediction market outcomes are being used as inputs for how players deal with traditional financial markets, NYSE President Lynn Martin said at Mar-a-Lago on Wednesday.
