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ProphetX raises $35 million after CFTC approval
The company said the money will deepen liquidity, expand its B2B platform and build on a nationwide launch in federally regulated sports prediction markets.
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Judge blocks Minnesota’s prediction market ban
Katherine Menendez said the challengers were likely to succeed on pre-emption claims, keeping Kalshi and Polymarket US live in the state for now.
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Fanatics buys BGC exchange to build out prediction markets
The company said the deal gives it its own CFTC-registered exchange and clearinghouse, while BGC will help develop new market-data products.
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Kalshi and AppliedXL launch biopharma prediction markets with strict guardrails
The pilot will let traders price clinical-trial outcomes and FDA decisions, while limiting access to late-stage studies and requiring employment checks.
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CFTC tells prediction markets to stop filing broad template event contracts
The agency said DCMs must give regulators the terms, settlement analysis and compliance details for each contract or closely related class, rather than packing many permutations into one filing.