Polymarket filed a federal lawsuit in opposition to Massachusetts, arguing the CFTC has unique authority over occasion contracts and that state interference would trigger “irreparable hurt” to nationwide markets. The authorized strike follows a Massachusetts choose’s latest order forcing rival platform Kalshi to geofence state residents after its sports activitiesContinue Reading
Polymarket partnered with MLS to combine dwell crowd-sentiment information into recreation broadcasts and main league occasions. Competitors is heating up as rival Kalshi positive aspects quantity by means of a Robinhood partnership and comparable offers with the NHL. Authorized hurdles stay as states like Massachusetts and Ohio problem these platformsContinue Reading
Polymarket has partnered with actual property knowledge supplier Parcl to launch prediction markets tied to U.S. residence costs, permitting merchants to guess on native market traits. The markets settle in opposition to Parcl’s every day housing indices for main metros, together with New York Metropolis, Miami, and Austin, with contractsContinue Reading
A Polymarket dealer profited over $400,000 on a Venezuela-related wager that surged hours earlier than Donald Trump introduced the seize of Nicolás Maduro. The suspicious timing of the commerce sparked considerations about insider buying and selling, main Consultant Ritchie Torres to suggest a invoice banning authorities officers from utilizing nonpublicContinue Reading
CNN named prediction market Kalshi its official information companion, agreeing to combine Kalshi’s real-time market chances into its on-air and digital information protection. The information, which covers political, financial, and cultural occasions, might be utilized by CNN’s information analysts and can seem in a dwell ticker to enrich conventional pollingContinue Reading
Polymarket turns into Yahoo Finance’s unique companion to supply real-time prediction market knowledge and insights. The deal follows Polymarket’s main progress, together with ICE funding and report buying and selling volumes exceeding US$3 billion (AU$4.60 billion). Yahoo Finance’s integration expands Polymarket’s attain as prediction markets achieve traction throughout mainstream monetaryContinue Reading
Researchers at Columbia College have discovered as a lot as 25% of the buying and selling quantity on fashionable prediction market, Polymarket, could also be wash buying and selling. The researchers don’t counsel Polymarket itself is chargeable for the “synthetic” buying and selling; slightly they imagine customers are doing itContinue Reading
Google is integrating Polymarket and Kalshi prediction information into Search and Google Finance, giving customers real-time insights into future occasion chances. Polymarket and Kalshi lead the booming prediction market sector, now valued at US$9B (AU$13.86B) and US$5B (AU$7.7B) respectively. The mixing displays Google’s broader AI-driven technique to mix monetary searchContinue Reading
US prediction market Kalshi is reviewing funding proposals that might enhance its valuation to $10–$12 billion, simply two weeks after a $300 million elevate at a $5 billion valuation. Kalshi’s rival, Polymarket, is in talks for a possible $2 billion funding from Intercontinental Alternate at a $9 billion valuation. EachContinue Reading
Prediction market Polymarket is reportedly preparing for a US launch with a new funding round that could value the company at up to US$10 billion, a significant jump from its US$1 billion valuation just three months ago. The company is in a heated rivalry with competitor Kalshi, which is alsoContinue Reading
