Kalshi, Crypto.com launch prediction markets coalition as investor interest soars — TradingView News
Kalshi and Crypto.com said on Thursday they had launched a national alliance of prediction market operators that includes cryptocurrency exchange Coinbase COIN, retail trading platform Robinhood
HOOD and sports gaming operator Underdog.
The group, Coalition for Prediction Markets (CPM), comes as the U.S. prediction market has boomed since the start of the year. A federal court’s dismissal last year of a prohibition on election betting has also fueled the sector’s surge.
Prediction market platforms let users trade binary contracts on outcomes in politics, sports, economics and entertainment.
Investors are increasingly viewing prediction markets as a potential growth area, prompting several major firms such as Robinhood and Underdog to…




