Cheryle has close to 20 years experience in the iGaming industry across casino, poker, and sports. She spent six years in a leadership role at Catena Media, driving SEO strategy and contributing to revenue performance. Her approach is shaped by industry experience, a strong commercial focus and an appetite for learning new things.
Everything you can trade on Kalshi and Polymarket for the State of the Union, from mentions and attendance to how long Trump speaks, in the largest political speech markets yet.
Crypto.com received conditional OCC approval to charter a national trust bank for custody, staking and settlement, but must meet a list of requirements before it opens.
Kalshi users reported deposits that never arrived throughout the Super Bowl, despite the exchange adding PayPal and Venmo the week before to handle demand.
California allows no legal sports betting, but Kalshi and other CFTC-licensed prediction market apps let residents trade Super Bowl LX contracts under federal authority.
Coinbase Financial Markets sued Illinois, Connecticut and Michigan in federal court to block them from enforcing gambling laws against its planned prediction markets.
Robinhood unveiled plans for ‘combos’—essentially parlays—at Tuesday night’s event, starting with NFL games available now and custom multi-game combinations coming in January.
Coinbase will unveil prediction markets and tokenized equities at a December showcase, launched direct trading of Solana tokens and joined the Coalition for Prediction Markets.
Kalshi posted $1.8 billion in weekly volume, up 15.2%, capturing 78% of the market. Polymarket recorded $511 million, up 19.7%. Combined volume hit $2.3 billion.
Polymarket odds on The Weeknd's Spotify Wrapped rank jumped hours before the announcement, and critics say traders had found the results in a publicly accessible file.
Coinbase removed public access to its unreleased prediction markets platform within a day of researcher Jane Manchun Wong posting screenshots, its second major leak since September.
Polymarket Founder and CEO Shayne Coplan attacked sportsbooks on Tuesday, saying that regulated sports betting is a scam, and called DraftKings and FanDuel a “duopoly”.
Kalshi CEO Tarek Mansour said he expected prediction markets to take a decade to reach stock-trading scale, but it is coming sooner as Kalshi creates a new class of active traders.
Brian Armstrong said his earnings-call list of crypto buzzwords, which settled several mention markets, happened spontaneously after a teammate shared a market link.