Cryptocurrency exchange Coinbase is reportedly preparing to introduce a prediction market in collaboration with Kalshi. An announcement on the project could come as early as...
Prediction markets, which let users bet on everything from the future price of Bitcoin to the future president of the United States, are the latest...
Kalshi raised $1 billion in a Series E funding round to expand its prediction market platform. The company will use the new capital to accelerate...
Robinhood is set to acquire LedgerX, a derivatives exchange formerly owned by FTX. It’s part of a joint deal announced Tuesday (Nov. 25) by the financial services platform and...
Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit risk for lenders. Users’ losses...
Online gambling service FanDuel is joining rival DraftKings in the prediction markets business. The company announced Wednesday (Nov. 13) the pending launch of its FanDuel...
Prediction markets could become one of the largest asset classes, Robinhood Chairman and CEO Vlad Tenev suggested Wednesday (Nov. 5) during the company’s third quarter...
Prediction market Polymarket reportedly plans to launch trading in the United States by the end of November. The company will focus on sports betting in...
The prediction-market moment is here. At its best, the embrace of events-based contracts could represent a new asset-class: event outcomes traded with derivatives-grade infrastructure transparency...