Prediction Markets
Kalshi confirms $1 billion raise at $22 billion valuation
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Kalshi has secured $1 billion in fresh funding, doubling its valuation to $22 billion in a round led by Coatue. The U.S.-based prediction market platform reported strong growth in institutional trading amid broader interest in event contracts.
Predict 2026 has attributed its decision to shift a conference from Las Vegas to New York to pressure from the Nevada Gaming Control Board. The regulator has firmly denied any such intervention. The dispute highlights ongoing tensions between prediction markets and state gaming authorities.
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MoonPay has acquired Dawn Labs and rolled out an AI trading copilot designed for prediction markets. The move aims to simplify crypto trading through natural language prompts and automated strategies.
Hong Kong's government has suspended its plan to launch legal basketball betting, citing the rise of prediction markets. Home and Youth Affairs Minister Alice Mak Mei-kuen said the decision considers local circumstances and evolving external conditions to protect public interest. Former lawmaker Doreen Kong Yuk-foon called for predicting technological influences in future policy papers.
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Hypebeast has published its Week 2 College Hoops Culture Report ahead of March's major basketball tournament. The report covers player-exclusive sneakers, style trends like throwback jackets, recent conference wins, and key first-round matchups. It also highlights prediction markets powered by Robinhood.
DraftKings has partnered with Crypto.com to broaden its prediction markets offerings, introducing the first player-specific sports event contracts for the NFL and NBA. This collaboration enhances access to various sports predictions and lays groundwork for future categories like politics and entertainment. The expansion is available in select U.S. states through the DraftKings Predictions app.
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A Massachusetts judge has denied prediction-market operator Kalshi's request to keep offering sports-events contracts while appealing an injunction that will ban such operations without a state license in 30 days. The ruling underscores the ongoing conflict between state gaming regulators and federal oversight of prediction markets. Kalshi plans to continue fighting the decision.
White House adviser says Clarity Act could become law by July 4
lørdag d. 9. maj 2026, 18.35Executives call for federal rules on sports betting as financial product
mandag d. 4. maj 2026, 14.46SEC delays review of prediction market ETFs
torsdag d. 30. april 2026, 16.12Gemini secures CFTC derivatives license for prediction markets
torsdag d. 30. april 2026, 11.46Senate votes to ban prediction markets for senators and staff
fredag d. 13. marts 2026, 20.30Hypebeast introduces college hoops culture report for March tournament
tirsdag d. 3. marts 2026, 17.59Kalshi and Bezel launch Watch Futures prediction market for luxury watches
onsdag d. 25. februar 2026, 11.36Kalshi suspends MrBeast editor and California candidate for insider trading
søndag d. 22. februar 2026, 15.38Bitwise CIO challenges Layer 1 commoditization view
mandag d. 9. februar 2026, 16.48Crypto venture capitalists shift to ai and prediction markets