CFTC Sues Kentucky To Shield Kalshi And Polymarket Event Contracts
The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
Prediction Market Kalshi Reportedly Seeks New Funding At $40 Billion Valuation
Kalshi is reportedly seeking new funding at a $40 billion valuation as investor interest in regulated prediction markets grows.
About 60% of World Cup bettors on Polymarket are first-time crypto users
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first tim...
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated...
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymar...
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according...
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget packa...
CFTC sues Kentucky after state’s prediction market lawsuits
The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over predic...
Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT
The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place...
Meta Builds “Arena” Prediction Markets App to Take on Polymarket and Kalshi
TLDR: Meta CEO Mark Zuckerberg has tasked an internal team with building Arena, a standalone prediction markets app. Arena will u...
Kalshi adds India to growing list of restricted jurisdictions
Kalshi has added India to its list of 55 restricted jurisdictions, months after Indian authorities warned VPN providers to stop fa...