Crypto Exchanges Eye U.S. Prediction Markets
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Phantom isn’t the only platform exploring prediction markets: Gemini Titan recently received a CFTC license to offer event contract trading, and Coinbase reportedly plans to launch its own prediction markets and tokenized equities. While the space is growing, regulatory pushback exists. Connecticut’s Department of Consumer Protection recently issued cease-and-desist orders to Robinhood, Kalshi, and Crypto.com, though Kalshi successfully challenged the order in federal court, at least temporarily.
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Prediction markets could open a new growth avenue for crypto exchanges.
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Without careful planning, AI growth could crowd out essential public investments.
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Prediction markets could open a new growth avenue for crypto exchanges.