Kalshi, Crypto.com, Coinbase, Robinhood, and others have formed a coalition to advocate for federally regulated, transparent prediction markets amid industry growth and $28 billion annual trading volume.
Kalshi, Crypto.com, Coinbase, Robinhood, and additional firms have officially announced the Coalition for Prediction Markets, aiming to promote safe, transparent, federally regulated markets. According to the announcement, the prediction market sector saw $28 billion in trading volume this year. The coalition reflects a unified effort among major crypto and trading platforms to ensure regulatory clarity and support for the industry.