Kalshi
Kalshi and Bezel launch Watch Futures prediction market for luxury watches
Reported by AI Image generated by AI
U.S.-regulated prediction market Kalshi has partnered with luxury watch marketplace Bezel to launch Watch Futures, enabling bets on future prices, discontinuations, and launches of high-end timepieces like Rolex and Patek Philippe models. Using Bezel's Beztimate engine for real-time valuations, the platform—priced from $1 per contract—expands into collectibles amid regulatory scrutiny and ties into events like Watches and Wonders.
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.
Reported by AI
Solflare, a popular Solana wallet, has embedded regulated prediction markets powered by Kalshi directly into its platform. This move allows users to access these markets without relying on third-party services. The integration aims to streamline user experience in the cryptocurrency space.