New data shows prediction markets, which have attracted plenty of buzz, are still figuring out a business model.

The dog days of summer turned out to be anything but sluggish for two of thebusiest prediction market platforms. In July, ...

CFTC grants Railbird and QC Clearing narrow no-action relief, signaling potential growth for regulated US prediction and ...

Elon Musk's xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi's prediction markets service and also has a deal with Polymarket. Grok is ...

As Kalshi and Polymarket achieve Unicorn status, markets are betting on blockchain to make future-gazing investable.

In line with a recent prediction from Kalshi’s CEO Tarek Mansour, the app reached the No. 1 spot, while Polymarket secured second on the list of the most downloaded free apps.

Prediction market Kalshi, a federally regulated competitor to Polymarket, has raised $185 million at a valuation of $2 billion, according to a press release. This round brings the company’s ...

It’s financing the move through the purchase of an obscure derivatives clearinghouse.

On Nov. 6, both apps had their best day ever, in part because of a rush of users coming to collect their post-election winnings, with Kalshi seeing around 400,000 people use its app and Polymarket ...

Elon Musk's xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi's prediction markets service and also has a deal with Polymarket. Grok is ...