Tag: Prediction

Kalshi taps TRON to expand on-chain liquidity for prediction markets

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Key Takeaways TRON DAO said Kalshi, one of the world’s largest prediction market platforms, has added support for the TRON blockchain network. The move enables deposits and withdrawals using TRX and USDT on TRON. Share this article Kalshi has integrated the TRON blockchain network, allowing users to transact on the prediction market platform using TRX and USDT on TRON, according to an announcement from TRON DAO. The integration expands Kalshi’s multichain capabilities and opens new channels for on-chain liquidity to enter regulated event markets. Under the rollout, US-based users can…

Coinbase Sues 3 States Over Prediction Market Laws

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Coinbase is taking three US states to court in a bid to lock in federal protection for its planned prediction markets, opening a new front in the battle over whether event contracts are finance or gambling.​ The exchange has sued regulators in Connecticut, Illinois, and Michigan, asking federal judges to declare that prediction markets listed on a US Commodity Futures Trading Commission (CFTC)-regulated platform fall under the Commodity Exchange Act (CEA) and the CFTC’s exclusive jurisdiction, not 50 separate state gambling codes. In a Friday X post, chief legal officer…

Stock, perps, prediction markets, and more

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Key Takeaways Coinbase is expanding its platform to include stock trading, prediction markets, and expanded developer tools. The company aims to tokenize traditional assets like equities and broaden access to a wide range of financial services. Share this article Coinbase is strengthening and diversifying its product suite to include more sophisticated trading and infrastructure offerings for retail and institutional customers. The crypto giant on Wednesday said it is launching stock, futures, and perpetuals trading, as well as prediction markets, and expanding access to decentralized finance on Solana. Beyond trading, the…

Phantom begins rolling out access to Kalshi-powered prediction markets

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Key Takeaways Phantom has introduced prediction markets that leverage any Solana token in user wallets. The new feature is powered by Kalshi and accessible directly via the Phantom wallet. Share this article Phantom has begun rolling out in-app access to prediction markets through a new integration with Kalshi, the regulated event trading platform. The feature allows Phantom users to speculate on real-world outcomes like sports, politics, and crypto events directly from their wallet interface, without needing to create a separate account or transfer funds to another platform. Announced on December…

Gemini Launches Regulated Prediction Markets In 50 US States

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Gemini, the cryptocurrency exchange founded by billionaire twins Tyler and Cameron Winklevoss, has rolled out prediction markets in the United States after securing key regulatory approval. Gemini launched its in-house prediction market, Gemini Predictions, across all 50 US states, the exchange announced in an X post on Monday. Provided via affiliate Gemini Titan, Gemini Predictions enables users to trade on the outcomes of real-world events with “near instant execution” and full transparency. The launch came shortly after Gemini Titan obtained a designated contract market license from the Commodity Futures Trading…

Bitnomial Wins CFTC Approval to Launch Regulated Prediction Markets

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Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms. According to Friday’s announcement, Bitnomial’s prediction market will cover crypto and economic events, alongside its existing Bitcoin (BTC) and crypto derivatives products. The contracts are designed to allow traders to take positions on outcomes, such as token price levels and macroeconomic data. The approval expands the umbrella of the trading products offered by Bitnomial. Based in…

Phantom Integrates Kalshi Prediction Markets Into Crypto Wallet

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Crypto wallet application Phantom has partnered with regulated prediction market Kalshi to bring event-based trading directly into its wallet interface, signaling a deeper convergence between onchain finance and real-world outcome betting.  The companies said on Friday that the integration would allow Phantom users to discover trending events, track live odds and place bets without leaving their wallets.  A new feature called Phantom Prediction Markets will allow users to trade tokenized positions that reference Kalshi’s event markets across politics, economics, sports and culture.  “By integrating a layer of tokenized positions referencing…

Coinbase Expands Into Prediction Markets And Tokenized Stocks

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Coinbase, the largest US crypto exchange by trading volume, is days away from unveiling its push into prediction markets and tokenized stocks, according to Bloomberg. Coinbase plans to announce next week that it will launch prediction markets and tokenized equities, Bloomberg reported on Thursday, citing anonymous sources familiar with the matter. The exchange will hold a livestream on Wednesday to showcase new products, though the report said it hasn’t disclosed whether prediction markets and tokenized stocks will be among them. The news comes nearly a month after tech researcher Jane…

Prediction Markets Get Leeway From CFTC Event Contract Rules

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The Commodity Futures Trading Commission has issued “no-action” letters to a group of prediction markets, exempting them from requirements related to swap data reporting and record-keeping regulations. The CFTC’s Division of Market Oversight and the Division of Clearing and Risk won’t initiate enforcement action against several prediction market platforms for shirking certain recordkeeping demands, provided they follow other specific requirements, the agencies said in a statement on Thursday. “The no-action letters apply only in narrow circumstances and are comparable to no-action letters issued for other similarly situated designated contract markets…

Coinbase set to unveil prediction markets and tokenized stocks on Dec. 17

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Key Takeaways Coinbase will launch prediction markets and tokenized stocks on December 17. These new products expand Coinbase’s offerings beyond traditional digital assets. Share this article Coinbase is set to launch prediction markets and its own suite of tokenized equities next week, Bloomberg reported on Thursday, citing a person familiar with the company’s plan. The crypto exchange will introduce these new products as it expands its trading offerings beyond traditional digital assets. The prediction markets will allow users to speculate on future events, while tokenized stocks will enable trading of…