DraftKings (DKNG) Stock: Sports Betting Giant Partners with Polymarket for Prediction Markets

TLDR DraftKings acquired CFTC-regulated prediction market platform Railbird and will launch DraftKings Predictions mobile app in coming months with Polymarket handling trade clearing Polymarket is seeking new funding at a $12-15 billion valuation, more than tenfold increase from its $1 billion valuation in June 2025 Prediction markets hit record trading volumes with over $4.63 billion [...]

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