Kalshi raises $1B Series G at $40B valuation as annualized crypto volume hits $140B
The round values the CFTC-regulated exchange at $40 billion and comes as analysts debate whether that valuation is justified.
KuCoin · +8 outlets
CFTC Chair Selig says state fight over prediction markets will go to the Supreme Court
The declaration signals a federal escalation in the jurisdictional battle between the CFTC and states seeking to restrict event contracts.
Crypto Briefing · +14 outlets
SEC warns prediction markets over insider trading risks
The warning adds a securities-law dimension to oversight of event contracts beyond the CFTC's existing authority.
Bitcoinist.com · +13 outlets
NBA joins other pro leagues in embracing CFTC-regulated prediction market infrastructure
The move extends the sports industry's shift toward regulated event contracts as a commercial and data partner channel.
KuCoin · +3 outlets
Robinhood Q3: prediction markets bring in $173 million as crypto revenue slumps
Event contracts outearned crypto for the brokerage, underscoring how prediction markets are becoming a core revenue line.
CryptoSlate · +10 outlets
Robinhood stock gains after price target hike tied to Rothera prediction market success
Analysts are crediting the prediction market business as a driver of the brokerage's outlook even as the shares sit far below their record high.
Stocktwits · +14 outlets
Why Robinhood stock is down 40% from its record high
The analysis contrasts a fading crypto-driven rally with the company's growing prediction market and event contract business.
The Motley Fool · +14 outlets
Australia casts doubt on retail prediction markets, calling them betting
The regulatory stance puts Australian retail access to global prediction market platforms in question.
Bitcoin News
Coinbase reports $719M GAAP profit as prediction markets reach $200M run rate
The exchange's event contract business is scaling alongside its core crypto trading, with adjusted profit stated at $78 million.
OneBullEx · +1 outlets
76ers face fan backlash over prediction market partner announcement
The team's tie-up with a prediction market drew criticism from fans over the growing presence of sports event contracts.
Yahoo Sports · +9 outlets
Cboe says it holds first mover advantage in KPI event contracts
The exchange operator is positioning key performance indicator contracts as a distinct product line beyond sports and politics.
Markets Media · +2 outlets
Aries launches prediction markets through ForecastEx
The launch adds a new venue to the CFTC-regulated exchange ecosystem for event contracts.
PR Newswire · +5 outlets
LBank launches pre-IPO market with tokenized Kalshi-linked assets
The crypto exchange is packaging exposure to the prediction market operator's equity via tokenized instruments.
FF News · +5 outlets
Prediction markets are offsetting crypto's price downturn, industry report says
Event contracts are drawing trading volume even as spot crypto markets decline.
CoinMarketCap · +14 outlets
Section 1256 tax break does not name Kalshi or Polymarket, raising treatment questions
Uncertainty over how event contract gains are taxed could affect retail participation and platform disclosures.
24/7 Wall St. · +5 outlets
Kalshi legal status in Florida examined as state-level battles continue
State-by-state legality questions remain central to where prediction market platforms can serve retail customers.
CBS Sports · +2 outlets
Pennsylvania prediction markets: legal status and where to trade
The state is among those where access to prediction market platforms remains contested.
CBS Sports
Novig sports prediction market explained
The explainer profiles a newer entrant focused on sports event contracts.
USA Today