Kalshi is reportedly seeking fresh funding at a valuation of around $40 billion, a striking figure that shows how quickly prediction markets have moved from niche trading venues to one of the most closely watched […]
Key Takeaways NYT reports that Meta’s founder Mark Zuckerberg prioritizes Arena, a prediction markets app targeting 3.56 billion daily users. Arena will initially use a points system, with real-money wagering not ruled out for future […]
Key Takeaways Kalshi’s $10M prediction market gives bitcoin only a 19% chance of crossing $100K before January 2027. Bitcoin is down roughly 27% year-to-date in 2026 and sits about 50% below its October 2025 all-time […]
Key Takeaways Kalshi held early IPO talks with banks, per The Information. Kalshi’s annualized revenue run rate topped $2 billion, tripling since November 2025. Coatue led Kalshi’s $1 billion round in May 2026, lifting its […]
Sports prediction data just went mainstream in crypto. With billions in wagers flowing into World Cup markets and new enterprise partners selecting Chainlink to settle outcomes, the idea that “odds are an asset” has moved […]
Key Takeaways Rep. Bryan Steil’s bill would bar House members and families from political bets on Kalshi and Polymarket. Violators face a penalty of at least $2,000 or 10% of the trade, plus forfeiture of […]
Key Takeaways Schwab will offer binary S&P 500 options through a Cboe Global Markets partnership in the coming months. Schwab manages $11.8 trillion in client assets across 47.2 million accounts as of Q1 2026. CEO […]
A new US House bill is targeting a fast-growing corner of the event-contract market by seeking to ban members of Congress, their spouses and dependents from wagering on political or public policy outcomes. TL;DR The […]
The World Cup’s opening whistle didn’t just move stadiums; it moved order books. Within 24 hours of kickoff, prediction‑market turnover hit fresh records, and the odds feeds that traders watch on weekdays were suddenly flooded […]
The World Cup kicked off with a new kind of scoreboard: a live, tradable price on who will lift the trophy. Within days, prediction-market order books were moving as fast as the midfield — and […]
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