Prediction markets are entering their Wall Street era.

Traditional finance giants are stepping in with real capital, real regulation, and real distribution.

Important updates on PMs you must not miss👇🧵
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➢ @FanDuel and @CMEGroup announced that they are launching a new stand-alone app called FanDuel Predicts this December.

This app will feature events from both web2 and web 3, we will be seeing events from sports, commodity prices, and even crypto.

Strategically, FanDuel is targeting U.S. states without legalized online sports betting, using event-contract classification to bypass traditional sports-betting restrictions.

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➢ @Cboe Global Markets also revealed that it will soon launch its own prediction-market platform.

They are looking to focus on yes/no event contracts tied to financial and economic outcomes, things like CPI prints, unemployment rates, or market performance indicators.

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➢ @Kalshi reported that it hit its highest monthly trading volume ever, clocking in at roughly $4.39 billion for October.

This surge comes as Kalshi continues to expand its catalog of macro-driven markets and capitalize on rising viral adoption of prediction markets and also institutional interest.

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➢ @Polymarket announced that October was also its strongest month on record.

The platform saw 477,850 active traders, around $3.02B in total volume, and launched more than 38,270 new markets in a single month

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➢ @FlutterEnt, the parent company of FanDuel aims to unlock new distribution channels in states where sports betting remains restricted, further blending the worlds of fintech, derivatives, and forecasting.

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➢ @TIME is partnering with @galacticmarkets to launch a new platform called scheduled for early 2026.

Galactic will provide the underlying infrastructure and TIME emphasised that while the platform will build off its journalistic brand and real-time reporting, the prediction-markets product will operate independently from the newsroom to maintain editorial integrity.

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➢ @YahooFinance announced the launch of a dedicated prediction-markets hub that will integrate real-time data from Polymarket.

The new feature will surface probabilities for economic trends and event outcomes directly within Yahoo Finance’s ecosystem, marking a notable Web2–Web3 bridge by a major media company

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➢ @OnyxOdds, a rising social sports prediction platform, revealed an exclusive strategic partnership with Polymarket.

The collaboration aims to merge Onyx’s community-driven sports prediction model with Polymarket’s on-chain liquidity and forecasting infrastructure, strengthening Polymarket’s footprint in the sports prediction vertical.

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➢ @Coinbase might be developing its own native prediction-markets feature powered by Kalshi.

The integration would bring regulated event-contract trading directly into Coinbase’s product lineup, positioning the exchange to compete in an emerging market category.

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➢ Trump Media & Technology Group, the operator of Truth Social, announced an exclusive partnership with @cryptocom to launch Truth Predict, a built-in prediction-markets feature on the platform.

Truth Social users will be able to trade event-outcome contracts tied to politics, economics, sports, and more making it the first major social network to embed a regulated prediction-market system directly into its app

What other updates do you know, lemme know in the comments👇