Prediction Markets

Coinbase files lawsuits in 3 states over attempts to regulate prediction markets
The crypto exchange is taking legal action against Connecticut, Michigan and Illinois, Chief Legal Officer Paul Grewal wrote on X.

Robinhood looks better placed than Coinbase for prediction-market upside, Mizuho says
Robinhood stands to gain more from prediction markets than Coinbase as users plan to deploy fresh capital rather than sell existing crypto, the bank said.

Prediction Markets Are Quietly Turning Into a New Asset Class, Citizens Says
The bank said event markets are still tiny versus stocks but are rapidly expanding beyond sports into macro and policy risk.

Prediction Markets Are Coming to Phantom's 20M User Via Kalshi
Phantom users will be able to chat and trade Kalshi's prediction markets with any Solana-based tokens, CEO said.

CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules
The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.

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.

