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...
Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people...
CFTC chair says perp trading not suitable for all assets it regulates
Michael Selig told US cotton producers that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit...
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...
Charles Schwab to enter prediction markets with S&P 500 wagers: WSJ
The offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above o...
Republican lawmaker proposes prediction markets insider trading ban, not includi...
The bill did not specifically bar members of the US Congress from using the platforms or making sports bets, but prohibited policy...
Schwab to join prediction markets race with S&P 500 event-based options: WSJ
The planned offering would let customers bet on index moves as Coinbase and Robinhood expand in the sector.
Kalshi in early IPO talks with investment banks: Report
The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sport...
Wealthsimple launches Kalshi-powered prediction market app for Canadian investor...
The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators,...
Kentucky sues Kalshi, Polymarket, joining prediction market legal battle
Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports event contracts in...