Kalshi has about tripled its annualized revenue since November, bringing that figure to $2 billion, The Information reported Thursday (June 18), citing unnamed sources. The...
Financial platform Robinhood Markets says it is laying off 10% of its staff. The job cuts are part of the company’s “efforts to maintain a...
Kalshi has reportedly built an artificial intelligence (AI) agent designed to help run its prediction market. Among the things this new tool was built to...
Federal regulators have introduced a proposal to crack down on war/terror-related prediction market bets. The Commodity Futures Trading Commission (CFTC) on Wednesday (June 10) proposed new rules that would...
Gambling/prediction market-focused banking platform EDGE Markets has raised $29.2 million in new funding. CEO Seni Thomas shared the news of the company’s Series A round in an interview with CNBC Monday...
Last year, Fanatics introduced its first prediction market and its first loyalty program. Now, the company is bringing them together. The loyalty program, Fanatics ONE,...
Kalshi is building a new interface designed for the most highly engaged retail traders using its prediction markets platform, CNBC reported Thursday (June 4), citing...
Polymarket has closed its first on-chain institutional block trade tied to artificial intelligence compute infrastructure, saying this shows prediction markets can function like commodity futures...