Polymarket/Kalshi M&A, compliance, sports & mainstream legitimacy
Key Questions
What upgrades is Polymarket rolling out?
Polymarket is launching native USD (Circle-backed), CLOB v2, smart wallets, and backend live soon for US relaunch. This overhauls exchange infrastructure.
What deal did FOX make with Kalshi?
On March 17, FOX News/Business/Weather/One integrated Kalshi real-time data; 70% visitors check probs, with sports possibly later and pols citing odds.
What is MLB's agreement with Polymarket?
MLB signed a 3-year $300M deal with Polymarket as official prediction market partner.
What institutional interest is there in prediction markets?
ICE $600M with PM/Palantir Mar27; JPM eyes non-sports; Kalshi with ARK/Tradeweb/B3/NBA; $1.3T institutional volumes; PredictionCircle aggregator.
What future events will feature prediction markets?
FIFA WC2026 integration planned amid platform expansions.
What regulatory challenge did Polymarket face in Argentina?
Argentina imposed a ban on Polymarket operations.
How is Polymarket replacing USDC?
Polymarket USD, a 1:1 USDC-backed token, replaces bridged USDC.e for better compliance and US relaunch prep.
What mainstream legitimacy steps are platforms taking?
Deals with FOX, MLB, and institutional partners like ICE/JPM signal growing acceptance despite compliance hurdles.
PM upgrade rollout (backend live soon): native Polymarket USD (Circle), CLOB v2/smart wallets, prepping US relaunch; FOX News/Business/Weather/One Mar17 deal integrates Kalshi real-time data (70% visitors check probs, pols cite odds, sports later); MLB 3yr $300M; ICE $600M Mar27 PM/Palantir; JPM eyes PM non-sports; Kalshi ARK/Tradeweb/B3/NBA; PredictionCircle aggregator; FIFA WC2026; Argentina ban; $1.3T inst'l.