Portugal has joined a growing list of countries seeking to block Polymarket amid a rise in election-related wagers.
Football.Fun has launched its FUN token in a Thursday TGE, with trading supported across Base, Solana, and several crypto exchanges.
Kalshi has secured temporary relief in its battle with Tennessee regulators over sports event contracts on the prediction market platform.
Tennessee's Sports Wagering Council sent cease-and-desist letters to Kalshi, Polymarket, and Crypto.com threatening potential criminal prosecution.
Andreessen Horowitz’s crypto arm said prediction markets, verifiable computing and “staked media” will push crypto beyond blockchains in 2026.
Mansour distanced Kalshi from 'offshore, unregulated' prediction market platforms with alleged cases of insider trading.
While most Polymarket categories remain fee-free, the platform has enabled fees on its 15-minute crypto markets to fund maker rebates.
Experts say credibility and transparency in market outcomes will ultimately determine the winners in the prediction market race.
Polymarket and Kalshi achieved multi-billion dollar valuations as investors bet the companies will scale exponentially.
The company has recently become more active in prediction markets space including a partnership with Kalshi.
DraftKings can offer event contracts in states that still prohibit online sports betting, expanding reach without changing state gaming laws.
JPMorgan highlighted rising engagement and monetization potential across both transaction and subscription products.
Following the success of Kalshi and Polymarket, major firms such as Coinbase and Gemini have moved to enter the prediction markets space.
Market share data shows the pair now dominates sector-wide flows, forming a fast-consolidating duopoly amid growing capital formation.
Prediction markets have quickly become one of the hottest private market themes in crypto and fintech, echoing earlier cycles.
Robinhood is deepening its foray into prediction markets with plans to launch a derivatives exchange through a new JV with Susquehanna.
Polymarket and Kalshi are the two dominant prediction market platforms, which have seen around $42.4 billion in cumulative volume.
The timing of the interfaces aligns with Coinbase’s Dec. 17 event, where the exchange says it will unveil new products and business updates.
The FanDuel Predicts app is set to offer event contracts on sports, crypto prices and other benchmark assets, according to the release.
This marks a milestone for Polymarket, which left the US due to an enforcement case with the Commodity Futures Trading Commission.
The news comes a week after Google said it will integrate predictions data from Polymarket and Kalshi directly into its search results.
Led by Polymarket and Kalshi, prediction markets have become a high-growth sector within digital assets as they let users wager on events.
Polymarket’s U.S. comeback follows record trading volumes and growing competition in the prediction market sector.
Polymarket's Matthew Modabber said the prediction market will issue a POLY token and an airdrop after its U.S. app rollout.
Polymarket has launched up/down equity and index markets in a new Finance hub weeks after its U.S.-cleared earnings markets debuted.
Kalshi raised $300 million at a $5 billion valuation on Friday after recently overtaking Polymarket in global market share.
ICE is in advanced talks to invest $2 billion in Polymarket, potentially valuing the platform between $8 billion and $10 billion, according to WSJ.
Polymarket has added Chainlink’s oracle stack on Polygon to deliver tamper-resistant, automated resolutions as the platform eyes a U.S. expansion.
Elon Musk’s xAI is bringing its Grok LLM to CFTC-regulated prediction market Kalshi, which raised $185 million at a $2 billion valuation in June.
The core dispute: Whether federal oversight by the CFTC preempts state authority to regulate sports-related event contracts offered by Kalshi.