The social media company's executives have said Arena, Meta's new prediction market app under development, will differ from Polymarket and Kalshi, which accept real-money wagers, because it will instead rely on video-game-like "points", the report said.

June 26 : Meta CEO Mark Zuckerberg has urged his lieutenants to explore partnerships with the popular prediction markets Polymarket and Kalshi as his company builds a similar app,…

In addition to tasking staffers at Meta to develop a prediction markets app, CEO Mark Zuckerberg has also asked executives to look into partnerships with Kalshi and Polymarket,…