Year in Prediction Markets: From Regulatory 'Sinkhole' to Multi-Billion Dollar Business
Yahoo Finance·2025-12-29 22:01

Prediction markets are about the buzziest thing in crypto right now—and 2025 was the year they hit the mainstream. These markets enable their users to wager on the future outcome of virtually anything—from crypto and stock prices to sports, cultural, and political events. There have even been markets on what color tie Federal Reserve Chair Jerome Powell would wear. Recently, prediction markets have exploded to above $2 billion in weekly volume across the major platforms: Polymarket, Kalshi, Limitless, a ...