Altcoins News

Story: Prediction Markets Hit Wall Street as Regulators Circle

By Evie Vavasseur

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Prediction markets just got serious. Tradeweb Markets cut a deal with Kalshi this week, bringing event probabilities straight into Wall Street workflows with a minority…

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Jump Trading didn't wait around either. The firm grabbed stakes in both Kalshi and Polymarket, basically saying they'll pump liquidity into these event contracts no matter what…

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Pred landed $2.5 million from Accel and Coinbase Ventures for their peer-to-peer sports exchange.

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But regulators aren't sleeping on this. The Dutch Gaming Authority basically told Polymarket to shut down operations, calling it unlicensed gambling that breaks their rules.

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Academic studies paint a murky picture of how well these markets actually work. Prices might match outcomes, but the economics get weird fast.

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February 15 brought more drama. Kalshi CEO Tarek Mansour told investors the company won't back down from regulatory fights, even as some states classify their event contracts as…

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The London School of Economics dropped a bombshell study in January. Researchers analyzed over 500,000 contracts and found consistent favorite-longshot bias across platforms.

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CFTC Chairman Selig announced plans for a March public forum on event contract regulation. He wants stakeholder input before writing new rules, which sounds reasonable until you…

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Tradeweb's February 18 announcement about incorporating Kalshi data shows traditional finance slowly accepting prediction markets. But legal battles keep escalating.

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Polymarket suspended European operations February 19 to avoid €420,000 weekly fines from Dutch regulators.

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Stanford and MIT launched a joint research project February 20, funded by a $1.2 million National Science Foundation grant.

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Kalshi plans a March 10 conference in New York featuring Jump Trading, Accel, and CFTC legal experts.

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The money keeps flowing despite regulatory uncertainty. Jump Trading's liquidity commitments and Tradeweb's integration deal show Wall Street believes prediction markets survive…

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Market participants face a crucial year ahead. Regulatory clarity could unlock massive institutional investment, but continued legal battles might push platforms offshore or…

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The regulatory crackdown extends beyond Europe and Nevada. California's Department of Financial Protection and Innovation issued cease-and-desist letters to three unnamed…

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