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Company profiles, funding, valuation, and market activity.
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Robinhood Prediction Markets launched in October 2024 with U.S. election contracts and has since evolved into a major revenue powerhouse. By March 2025, the platform introduced a dedicated Prediction Markets Hub offering sports, economic, and culture contracts in partnership with Kalshi.Today, the feature is booming. In Q2 2026, prediction markets generated $156 million in revenue, out-earning Robinhood’s crypto trading business for the first time. Users traded over 13.6 billion contracts that quarter. Operating via Robinhood Derivatives under CFTC regulation, it provides retail investors a fully compliant way to trade real-world outcomes.
Interactive Brokers (IBKR) ForecastEx launched in August 2024 as a wholly-owned, CFTC-regulated prediction exchange. Unlike Robinhood's focus on sports and culture, ForecastEx targets serious investors, offering contracts on strictly macroeconomic indicators (inflation, GDP) and climate trends. By May 2026, IBKR expanded this ecosystem into a unified interface, utilizing smart routing to aggregate contract liquidity across ForecastEx, Kalshi, and CME Group. Instead of pursuing sports betting, IBKR positions ForecastEx as a corporate hedging tool. Contracts pay an unprecedented, overnight money-market coupon yield, making it a highly successful venue for B2B institutional partnerships and institutional risk management.
Gemini Predictions is a regulated event-betting platform built directly into the Gemini ecosystem. Operating under U.S. CFTC oversight, it allows users to trade binary "Yes/No" contracts on real-world outcomes, including political elections, macroeconomic shifts, and crypto price milestones. The platform utilizes Gemini's in-house clearing house to guarantee secure, instant settlements. It also features an AI-driven command center that synthesizes real-time news and market sentiment. By combining institutional-grade compliance with crowdsourced forecasting, Gemini Predictions enables traders to capitalize on public insights or hedge real-world risks directly from their exchange accounts.
Fanatics Markets launched in December 2025 as a dedicated sports prediction platform. By July 2026, Fanatics completed an infrastructure buyout of a CFTC-registered market and clearinghouse, granting it total, end-to-end control to natively list and settle its own binary "Yes/No" sports event contracts. The platform is heavily expanding, leveraging its commodities exchange status to operate legally in major states where traditional sportsbooks are banned, like California and Texas. Boosted by an August 2026 official partnership with the NFL, the app offers deep real-time contracts on weekly matchups, point spreads, and player stats.
PredictIt is a CFTC-regulated online marketplace specializing strictly in political event contracts, allowing users to trade on the outcomes of elections, policy decisions, and legislative events. Following a major July 2025 federal court victory, PredictIt transitioned from an experimental project into a fully licensed Designated Contract Market (DCM) and clearinghouse. Unlike corporate competitors, it operates under a consumer-protection guardrail that caps individual positions at $3,500 per contract to prevent market manipulation. It remains a premier data source for political analysts, hedge funds, and newsrooms seeking real-time indicators of public sentiment.
ADI Predictstreet is a global, on-chain prediction market platform backed by Abu Dhabi’s International Holding Company. Licensed in Gibraltar and powered by the institutional Layer-2 network ADI Chain, the platform allows users to trade peer-to-peer "yes or no" contracts on real-world outcomes. The marketplace gained massive prominence as the Official Prediction Market Partner of the FIFA World Cup 2026. It enables sports fans to forecast match statistics, standout players, and key moments using historical data. Through strategic integrations with platforms like DAZN and Fanatics Markets, ADI Predictstreet translates collective crowd sentiment into real-time probability signals.
OPINION (opinion.trade) launched its mainnet in early 2026 as a decentralized, Web3-native prediction protocol built on the BNB Chain. Developed by YZi Labs, it operates globally without a corporate headquarters or traditional CFTC regulation, utilizing its native $OPN token and crypto wallets for permissionless trading. Instead of relying on centralized clearinghouses, OPINION uses a decentralized, multi-agent AI oracle system to verify and settle complex real-world data. It targets macroeconomists and DeFi traders, offering user-generated, cross-border prediction markets focused heavily on global economic markers, interest rates, and tech trends.
Predict.fun is a leading decentralized, yield-bearing prediction market built natively on the BNB Chain. Backed by YZi Labs and officially integrated with Binance, the platform allows users to trade on the outcomes of real-world events across crypto, politics, sports, and culture using USDT. Unlike traditional platforms where capital sits idle, Predict.fun integrates with Venus Protocol to automatically generate DeFi yield on open trading positions. It provides a non-custodial, gasless trading experience using smart wallets and relies on UMA’s Optimistic Oracle for trustless, decentralized market resolutions.
Zeitgeist is a decentralized, Web3-native prediction market platform built as a Layer-1 blockchain within the Polkadot ecosystem. Legally registered as a corporate entity in Panama, it operates outside of traditional federal regulatory frameworks like the CFTC and completely restricts users from the United States. The platform utilizes its native token, $ZTG, and smart contracts to manage transactions automatically without financial intermediaries. Zeitgeist relies on an on-chain "futarchy" governance model and a decentralized court system, allowing global token holders to vote on market creation, platform governance, and contract dispute resolutions.
Augur is a decentralized, peer-to-peer prediction market platform built on the Ethereum blockchain. It operates entirely via smart contracts, allowing users worldwide to create custom forecasting markets and trade outcome shares on real-world events without central intermediaries or bookmakers. Instead of a corporate judge, the network relies on its native REP token. Global users stake REP to report event outcomes honestly, creating a censorship-resistant, global oracle system that cannot be shut down by any single government.
Myriad is a dynamic, decentralized prediction markets platform that allows users to bet on the outcomes of real-world events. The platform features crowdsourced forecasting odds driven entirely by user trading volume across categories like crypto, sports, politics, economy, and culture. Depending on regional availability, users can trade using USD₮ or earn points. Additionally, a dedicated Chrome browser extension enables participants to predict outcomes directly on social media platforms, bridging social engagement with real-time speculative markets.
Kalshi operates a financial exchange, regulated by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market, where users can trade contracts based on the outcomes of future events. The company states its purpose is to provide a platform for individuals to manage and capitalize on event risks through contracts structured as yes/no questions across categories such as economics, politics, and science.
Blockchain and Crypto
Polymarket operates as an information markets platform where users trade on the outcomes of binomial events in areas like politics and current affairs. The company states its purpose is to provide an unbiased source of information by aggregating crowd-sourced forecasts on future events. Polymarket claims its markets reflect accurate, unbiased, and real-time probabilities for real-world events.