#event-contracts

[rwatimes]

CFTC Framework Pushes Sports Event Derivatives Ahead of Gambling

The U.S. Commodity Futures Trading Commission has floated a formal rule framework for prediction markets, signaling a cautious but potentially meaningful

➤ The CFTC has proposed a rule framework for prediction markets, distinguishing sports event contracts from gambling and emphasizing verifiable outcomes for price discovery. ➤ This framework could reduce regulatory uncertainty for platforms like Kalshi and Polymarket, particularly for election-focused contracts, following a 45-day public comment period. ➤ The industry is positioning prediction markets as an alternative financial information layer, attracting interest from traditional finance and media through partnerships and growing valuations.

[rwatimes]

Wintermute Adds Liquidity to Rapidly Expanding Prediction Markets

Wintermute, a leading crypto liquidity provider, is expanding its institutional trading operations into prediction markets, the firm announced on Friday.

➤ Wintermute, a major crypto liquidity provider, is expanding into prediction markets to offer continuous two-sided liquidity for event contracts. ➤ This move aims to enhance price discovery, tighten spreads, and integrate prediction markets more deeply into mainstream crypto trading infrastructure and DeFi. ➤ The expansion highlights the growing maturity of prediction markets, though regulatory responses and platform partnerships remain key uncertainties.

[rwatimes]

Wintermute Starts Quoting Prediction Markets as Event-Contract Volume Tops $60B in 2026

➤ Crypto market maker Wintermute is now providing liquidity to prediction markets like Polymarket and Kalshi, which have seen significant volume growth. ➤ This move by a major institutional player signals a maturation of prediction markets into a derivatives-style venue for trading real-world event risk. ➤ Despite growing volumes, the sector faces increasing regulatory scrutiny and fragmentation in its approach to compliance.

[rwatimes]

Prediction markets get CFTC relief as legal battles widen

CFTC grants no-action relief on event contract reporting, easing swap data duties for DCMs, DCOs and participants amid growing legal fights.

➤ The CFTC has granted no-action relief on event contract reporting, easing swap data duties for regulated exchanges and participants. ➤ This relief comes amidst ongoing legal battles where prediction market platforms are challenging state gambling regulators. ➤ The move acknowledges the rapid growth of prediction markets and the increasing pressure for clear regulatory rules.

[rwatimes]

Robinhood's Next Big Growth Engine May Not Be Crypto. Here's Why Prediction Markets Could Matter More.

Detailed price information for Nvidia Corp (NVDA-Q) from The Globe and Mail including charting and trades.

➤ Robinhood is exploring 'event contracts' as a potential new growth engine, moving beyond its traditional crypto and equity trading revenue streams. ➤ These contracts allow users to bet on the outcomes of real-world events, with prices reflecting probabilities, and Robinhood aims to leverage its large user base to compete with existing prediction market platforms. ➤ While this diversification could boost Robinhood's revenue and customer engagement, potential regulatory hurdles remain a significant concern for the success of this venture.

[rwatimes]

Robinhood Q1 2026: Revenue Climbs 15% as Crypto Income Falls 47%

Robinhood posted $1.07B in Q1 2026 revenue, up 15%, but crypto income fell 47%. Here's what drove the numbers.

➤ Robinhood reported a 15% year-over-year revenue increase to $1.07 billion in Q1 2026, driven by strong performance in equities, options, and event contracts, despite a 47% drop in crypto income. ➤ The company saw significant growth in net interest revenue and Robinhood Gold subscriptions, with total platform assets rising 39% to $307 billion and funded customers reaching 27.4 million. ➤ Robinhood continues to expand its product offerings, including trust and custodial accounts, and is advancing its blockchain initiatives with Robinhood Chain, an Ethereum Layer 2 for tokenized RWAs, processing over 100 million testnet transactions.

[rwatimes]

CFTC Chair Selig Vows To Stop Prediction Market Fraud

➤ CFTC Chair Michael Selig vowed to aggressively pursue fraud and insider trading in prediction markets, emphasizing the agency's broad jurisdiction. ➤ The hearing addressed concerns over rapidly growing event contract platforms and suspicious trades, particularly a large oil futures transaction preceding a political announcement. ➤ Selig also discussed the CFTC's collaboration with the SEC on crypto oversight and defended his solo rulemaking efforts despite serving as the sole commissioner.

[rwatimes]

Schwab and Citadel Eye Entry into Crypto Prediction Markets

Traditional finance giants are signaling a renewed interest in prediction markets, a sector that has surged in public attention as retail and institutional players explore hedging tools tied to real-world events. Charles Schwab and Citadel Securities each indicated they are weigh...

➤ Major financial institutions like Charles Schwab and Citadel Securities are exploring entry into prediction markets, viewing them as potential hedging tools for real-world events. ➤ Key considerations for their participation include market liquidity and regulatory clarity, with a focus on wealth-building applications rather than speculative betting. ➤ Despite growing interest and trading volumes, prediction markets face regulatory scrutiny regarding unlicensed activity and insider trading concerns.