DraftKings — which runs one of the two largest sportsbooks in the U.S. — has launched its long-anticipated prediction market, embracing a surging alternative format to traditional online gambling. Why it matters: The rise of prediction markets such as Polymarket and Kalshi has upended the betting landscape,

The crypto firm has its sights on becoming an “everything exchange,” and prediction-markets platforms like Kalshi are starting to show up everywhere.

As prediction markets surge, Wall Street is grappling with an uncomfortable question: Is there any distinction left between investing and gambling?

The Coinbase (NASDAQ: COIN) crypto exchange has launched lawsuits against three U.S. states, Connecticut, Illinois, and Michigan, arguing that federally regulated prediction markets fall under the U.S. Commodity Futures Trading Commission 's (CFTC) exclusive authority, not state gambling laws.

Coinbase has added stock trading, Kalshi-powered prediction markets, and Solana-based DEX access as it moves toward an “everything app.”

Geneva, Switzerland, December 18th, 2025, TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps),

Kalshi, PredictIt and Polymarket cases show wealth managers how prediction market regulations shape client trading options

US crypto exchange Coinbase has sued state regulators in Michigan, Connecticut, and Illinois over prediction markets oversight.