Prediction Markets

29-year-old Luana Lopes Lara, founder of prediction market platform Kalshi, has become the world’s youngest self-made female billionaire with a net worth of $1.1 billion, as her company gains massive popularity and regulatory approval.

Coinbase is preparing to launch prediction markets and tokenized stocks, marking a significant expansion beyond traditional cryptocurrency trading. The move, reported by Bloomberg, aims to diversify the platform’s offerings and tap into rapidly growing markets.

US regulators have approved Gemini’s application to offer prediction markets, providing a significant boost for the crypto exchange. The move brings clarity to a tightly regulated sector and signals a potential opening for other platforms, with Gemini’s stock price reacting positively to the news.

Gemini, the crypto exchange founded by the Winklevoss twins, has received approval from U.S. regulators to offer prediction markets, marking a significant step for the crypto sector.