Meta has developed an experimental app called Arena, independent of Facebook and Instagram, and could compete with the biggest prediction markets.

The company may be seeking to compete with Polymarket and Kalshi.

Mark Zuckerberg directed Meta to build a prediction market app called Arena that would compete with Polymarket and Kalshi, the New York Times reported.

Meta is building Arena, a standalone prediction markets app directed by Mark Zuckerberg. Inspired by Polymarket and Kalshi, it may start with points before

June 23 : Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on…

Prediction markets have swelled into a multi-billion-dollar business with users from all around the world betting billions of dollars.

The report said that CEO Mark Zuckerberg directed staff to develop a prediction market platform, internally known as "Arena."

The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.

Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed "Arena."

Internally dubbed “Arena,” Meta is experimenting with a prediction market platform that uses points, the New York Times reported.

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…

Chamado internamente de Arena, o projeto seria separado do Facebook e do Instagram e utilizaria um sistema de pontos. Segundo o New York Times, a Meta pretende aproveitar sua…

Meta is stepping into the Arena.

Meta Platforms is building Arena, a standalone prediction market app led by Mark Zuckerberg, initially using points instead of real money to compete with

Mark Zuckerberg wants a piece of the prediction markets boom, and he is building it in-house.

Meta soll an einer Polymarkt-ähnlichen Smartphone-App arbeiten, auf der Nutzer:innen Wetten platzieren können. Mark Zuckerberg habe eigens ein Team zur Entwicklung der intern…

Mark Zuckerberg reportedly wants Meta to have its own prediction market app.

Unlike traditional prediction market platforms such as Polymarket or Kalshi, users would likely rely on a video game-like points system instead of cash, although the company has…

Mark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social…

The Trump family and federal prosecutors have had their eyes on the industry, too.

Mark Zuckerberg ordena a Meta crear una app similar a Polymarket y Kalshi para apostar en mercados de predicción, según The New York Times.