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Mark Zuckerberg directed Meta to create a prediction markets app: NYT - The Economic Times
Meta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Initially, it will likely use a points system, with the possibility of real-money wagering later. This move taps into the growing popularity of prediction markets, which have seen significant interest during the U.S. presidential election.
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forbes.com
Meta Prediction Market App Reportedly Under Development
The company may be seeking to compete with Polymarket and Kalshi.
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thenextweb.com
Meta's new prediction market app Arena could bring betting to 3 billion users
Mark Zuckerberg directed Meta to build a prediction market app called Arena that would compete with Polymarket and Kalshi, the New York Times reported.
