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Meta’s Arena app: Why Zuckerberg wants a slice of the prediction markets boom
Meta is reportedly exploring a new standalone app that could place it in one of the internet’s fastest-growing categories: prediction markets. According to reports, CEO Mark Zuckerberg has directed a small team to build an experimental platform internally known as Arena, which would allow users to predict future outcomes in a format similar to platforms such as Polymarket and Kalshi.The project remains under development and may never launch publicly. However, its existence offers a glimpse into how Meta is looking beyond Facebook and Instagram as it searches for the next wave of online engagement and digital communities.
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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.
