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Reported talks would nearly double Kalshi’s May valuation after a record stretch that included its first billion-dollar trading days and nearly $9 billion in weekly volume.

A points-based Arena app would let Meta test prediction markets as a social game before deciding whether to move deeper into real-money event contracts.

The reported IPO talks follow a rapid valuation climb and record trading volume for the prediction market exchange.

Through a partnership with Wealthsimple, investors in Canada will soon have access to 4,000 Kalshi event contracts.

Apptopia data shows Kalshi and Polymarket leading new betting app installs during the World Cup, drawing first-time users and hitting active-user highs.

Traders expect the Fed to hold rates at Kevin Warsh's first meeting as chair, so his press conference and related rate, recession and inflation markets are the bigger bets.

Novig targets a summer launch after winning CFTC designation, while ProphetX went live five days after its approval.

After a roughly 6-month approval process, ProphetX is moving from a sweepstakes model to a federally regulated sports prediction exchange as peer-to-peer rivals remain in the CFTC queue.

Kalshi says its new safeguards will risk-score contracts, screen some traders before they trade and expand tools for reporting suspicious activity.

World Cup markets on Kalshi and Polymarket show the platforms testing how much of the tournament’s surrounding culture can become tradable.

DraftKings reported a second straight month of double-digit growth in its prediction markets volume in May, though the pace eased from April.

Bet365's new fantasy product reaches beyond its sportsbook states, but a person familiar with its US strategy said event contracts are not currently in its plans.

Kalshi launched a free World Cup contest whose prize pool is shared among eligible entrants who correctly pick the champion, with tickets to the final also on offer.

Robinhood is using the tournament to test its affiliated Rothera exchange, but some World Cup contracts will still route through Kalshi.

After short seller Andrew Left's conviction, CFTC Chairman Mike Selig said manipulation rules apply to prediction markets, as odds increasingly shape political narratives.

A large Polymarket market on MicroStrategy's Bitcoin holdings resolved against traders after a late rules clarification, renewing questions about its UMA oracle system.

Rothera's soccer contracts may list June 1, giving Robinhood a way to rely less on third-party exchanges such as Kalshi ahead of the World Cup.

The new hub gives Fanatics a FIFA-linked World Cup product while the contracts themselves stay on Crypto.com's CDNA exchange.

Gensyn CEO Ben Fielding explains how Delphi aims to turn prediction markets into creator-run information markets, with AI systems settling outcomes.

DraftKings' Railbird Exchange filed its first sports contracts, covering winner, spread, prop and head-to-head markets, ahead of a planned listing date.