The Binance App now offers access to prediction markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Bank of America analysts believe that the annual volume of U.S. sports-related event contracts could grow to $1.1 trillion and that this activity could generate $10 billion in annualized revenue for prediction market platforms, Bloomberg reported Thursday (April 9), citing a report by the bank’s analysts. Get the Full...
JPMorgan Chase is considering getting into the prediction market business, CEO Jamie Dimon said Tuesday (March 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Venture capital firm Paradigm has invested in popular prediction market Kalshi. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Last year was not an especially good one for the private equity (PE) space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Prediction market Kalshi recorded $1 billion-plus in trading volume on Super Bowl Sunday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
For sports betting platforms, the Super Bowl is, well, their Super Bowl. When the Patriots and Seahawks take the field this Sunday (Feb. 8), they’ll be doing so with around $1.76 billion in wagers tied to their performances via U.S. sportsbooks, a nearly 27% increase...
Robinhood CEO Vlad Tenev is advocating for the adoption of tokenized stocks as a way to modernize the U.S. equity market and help prevent another market disruption like the 2021 GameStop buying freeze, saying blockchain-based securities could provide greater trading continuity and resilience. Get the...
The effort to uncover insider trading within prediction markets is reportedly gaining steam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....