Exchanges· ★★★· neutral·

Crypto exchanges race to offer prediction markets to US customers

  • —Crypto groups seek new revenue as token prices stay depressed
  • —Prediction markets become a new product line for US customers
  • —Competition with Kalshi and Polymarket is heating up
Why it matters: Prediction markets could become a major revenue driver for exchanges and reshape competition with Kalshi and Polymarket.
Source: Financial Times Crypto