Meta’s Zuckerberg wants to build prediction market app like Polymarket and Kalshi: NYT
The Block·
60-second summary
Meta's Zuckerberg is developing a prediction market app, aiming to rival Polymarket and Kalshi, as the prediction market industry has swelled into a multi-billion-dollar business with users worldwide betting billions of dollars, indicating a growing interest in decentralized forecasting and betting platforms, which could further disrupt traditional financial markets and betting industries.
Prediction markets have swelled into a multi-billion-dollar business with users from all around the world betting billions of dollars.