prediction markets
Venture capital firm a16z has filed an 18-page letter backing the Commodity Futures Trading Commission in its disputes with states over prediction markets. The firm argues that federal law preempts state regulations on platforms like Kalshi and Polymarket. It claims state crackdowns undermine the CFTC's mandate for impartial market access.
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The a16z crypto podcast released an episode titled 'Pricing the future' featuring a conversation with Tarek Mansour, cofounder and CEO of Kalshi. The discussion explores how prediction markets are innovating ways to price future events. The episode was published on November 19, 2025.