Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Investments
DraftKings’ Railbird Acquisition Forges Path To Prediction Markets
This has been percolating for a few months, but DraftKings is getting into prediction markets. News of the sports betting operator’s interest in acquiring Railbird Exchange, a...
Industry
CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to...
Finance & Earnings
Kalshi’s Tarek Mansour: Embrace Crypto or Be Left Behind
While Kalshi continues to make inroads on the blockchain, the prediction market has no intention of becoming crypto-centric. Yes, Kalshi sees crypto as critical to its growth, but the...
Investments
Kalshi Announces $300 Million Investment, Massive Global Expansion
Investment keeps flowing into prediction markets. Kalshi announced today, Friday, Oct. 10, that it has “recently raised” $300 million at a valuation of $5 billion, a figure consistent...
Industry
Polymarket-ICE Deal Revolutionary for Crypto, Validating for Prediction Markets
News of Intercontinental Exchange’s potential $2 billion investment in Polymarket is reverberating through the financial and gambling communities, with execs proclaiming the deal as...
Investments
Polymarket Lands Potential $2 Billion Investment from NYSE Owner Intercontinental Exchange
Prediction markets may be in a precarious regulatory situation, but that’s not stopping the companies from attracting major financial investments. Polymarket announced today that...
Finance & Earnings
Kalshi Surpasses Polymarket In Trading Volume As John Wang Eyes Crypto Push
Kalshi has surpassed Polymarket in weekly trading volume, according to multiple reports. Boosted by its US presence as football season has kicked off, Kalshi saw $871.8 million in trades...
Featured News and Analysis
Regulatory Inconsistencies, Not Sports, Drive SEC/CFTC Roundtable Discussion
As prediction markets rise in prominence, Polymarket CEO Shayne Coplan and Kalshi’s Tarek Mansour represented a new generation of financial exchanges on Monday’s SEC-CFTC joint...
Industry
Kalshi, Polymarket Make Moves To Inject Crypto Into US Prediction Markets
In a step to bolster liquidity and ease transactional friction, Kalshi Klear, the clearing house for the prediction market, has filed with the Commodity Futures Trading Commission to...
Finance & Earnings
Kelp Launches “Gain” Yield Optimizer
Restaking protocol Kelp has just launched “Gain” – an automated optimizer for yield farming and airdrop points participation across Layer 2 networks. Gain provides users with a...
