Prediction Markets


Finance

Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg

That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Markets

Jupiter DEX Launches Kalshi-Powered Prediction Market for F1 Mexico Grand Prix Winner

The platform, powered by Kalshi, allows users to speculate on the race outcome, with initial trading limits set to ensure stability.

16:9 crop: Gambling roulette chips betting casino chance. (Pixabay)

Finance

Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT

The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures.

dollar bill

Markets

Robinhood Eyes Global Expansion of Prediction Markets After U.S. Debut: Bloomberg

The retail trading platform is exploring launches in the UK and Europe after teaming up with Kalshi in August.

Robinhood logo on a mobile phone. (appshunter.io/Unsplash)

Finance

Melee Raises $3.5M to Launch ‘Viral Prediction Markets’ Without Gatekeepers

The platform lets creators and traders build markets on anything from politics to pop culture.

(Unsplash)

Web3

Polymarket Connects to Chainlink to Cut Tampering Risks in Price Bets

Chainlink will supply data for objective, fact-based markets. The challenge of reliably resolving more subjective bets remains.

Stock market price charts (Anne Nygård/Unsplash)

Finance

Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets

The new offering follows the success of Polymarket-style event trading, but with CFTC-regulated contracts in the U.S.

Robinhood app (Getty Images/Cheng Xin)

Markets

Kalshi Joins Polymarket in Unicorn Club With Latest Fundraise: Report

Kalshi has raised$185 million at a valuation of $2 billion, according to a release.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Policy

Trump's CFTC Pick Says U.S. Can Boost Crypto Innovation and Shield Consumers

Brian Quintenz told senators at his confirmation hearing for CFTC chairman that Congress needs to ensure "full promise" of digital assets' potential.

Brian Quintenz (Senate Agriculture Committee, screen capture)

Markets

Prediction Markets Traders Bet Big on Easy Liberal Win as Canadians Head to the Polls

Political betting platforms show Mark Carney leading with a 78% chance of becoming Canada's next Prime Minister, while Pierre Poilievre has a 22% chance.

(Jason Hafso/Unsplash)