On Kalshi and Polymarket, World Cup Final Drives Bets Into the Billions

NEW YORK TIMES ·

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Prediction markets like Kalshi and Polymarket have hit record trading volumes, with bets on the World Cup final exceeding billions of dollars. This signals a rapid rise in public awareness of decentralized prediction platforms. Investors should note the increase in transaction fee revenue and the expansion of the user base for these platforms.

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