DraftKings is making a significant commitment to prediction markets, in the company’s Q1 earnings call held on Friday, CEO Jason Robins announced that DraftKings plans to invest between $200 million...
Kalshi announced on Thursday a $1 billion Series F round, valuing the company at $22 billion. That’s double the $11 billion valuation Kalshi nabbed just five months ago after raising a $1 billion Series...
Gemini secured regulatory approval to expand its trading operations into U.S. derivatives and prediction markets. The move allows the exchange to handle trade clearing internally and scale new products faster. The announcement...
Clear Street is partnering with Kalshi Inc. to give its clients access to event bets, as the prediction markets industry seeks to increase its appeal to Wall Street. Clear Street’s...
XO Market has completed a $6 million seed funding round, with investors including 20VC, Picus Capital, and Coinbase Ventures. he platform focuses on a user-built market model and has attracted...
SEGG Media subsidiary Sports Predicts Limited entered a partnership and integration agreement with Polymarket to embed decentralized prediction market technology into the Sports.com Predict platform. Under the deal, Polymarket will serve...
Wisconsin’s top law enforcement official has sued a group of fintech and crypto platforms, including Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com, accusing them of facilitating illegal sports betting by offering...
Two Polymarket accounts have attracted suspicion after making $37,000 betting correctly on two unusual temperature readings of a weather station located in a major airport in France. The two weather-focused...
Three congressional candidates wagered on the outcome of their own elections on Kalshi, according to the prediction market, which said Wednesday that it fined and suspended the men from their...
Anthony Pompliano’s ProCap Financial said on Tuesday it has partnered with prediction market operator Kalshi to launch a dedicated research offering on prediction markets. The tie-up comes as prediction markets,...
