prediction markets
Every story this desk has filed under prediction markets, most recent first.
Robinhood's Chief Executive Says Crypto Event Contracts Are Already Beating Sports Bets
Vlad Tenev told an audience that contracts on crypto outcomes are outpacing sports wagers on the broker's prediction markets, and could become its largest category within a few years.
Kalshi Says Its Headline Volume Counts Maximum Payouts, Not Cash Spent
A critic flagged repeated identical $5,500 trades on the prediction market's crypto contracts. Kalshi's response is that the industry counts notional payout, which is a different number from money at risk.
Europe's Markets Regulator Names Tokenized Equities Among the Channels Back Into Banking
ESMA has flagged tokenized equities, DeFi exploits and prediction markets as places where deepening crypto links could carry risk into the traditional financial system, while questioning how Polymarket and Kalshi reach EU users at all.
Citadel Asks the SEC to Claim Event Contracts That Reference Listed Companies
Citadel Securities has urged the SEC to assert oversight of event contracts tied to public companies, challenging the CFTC self-certification route that has let prediction markets list them.
Robinhood Buys Into Its Own Clearing House for Prediction Markets
Robinhood began routing football event contracts to Crypto.com's CFTC-regulated exchange on Tuesday and will take equity stakes in both Crypto.com and OG.com, the prediction-market venue being spun out at a $5 billion valuation.