Prediction Markets

Prediction Markets

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)

Markets

Polymarket, UMA Communities Lock Horns After $7M Ukraine Bet Resolves

The bet was resolved as 'yes' despite no official agreement, leading to suspicions of manipulation by a large UMA token holder, but Polymarket defended the UMA voting process.

Ukraine

Policy

Trump's CFTC Head Slams Prediction Markets Resistance Under Predecessor

Caroline Pham, the agency's acting chairman, is scheduling an experts roundtable to reset the CFTC's course on this "sinkhole of legal uncertainty."

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Policy

Polymarket's Customer Data Sought by CFTC Subpoena of Coinbase, Source Says

The U.S. Commodity Futures Trading Commission is said to be seeking information about customers' interactions with the prediction market site Polymarket.

U.S. Commodity Futures Trading Commission Chairman Rostin Behnam