Kalshi
Kalshi and Bezel launch Watch Futures prediction market for luxury watches
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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.
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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.