Cantor Fitzgerald opens its 3,000 institutional clients to Kalshi event contracts via block trades, pairing brokerage access with Susquehanna liquidity to unlock larger professional trading scale.
Robinhood’s event contracts revenue surged to $156 million in Q2, more than tenfold growth that overtook crypto and equities as the firm posted a record $1.31 billion in total revenue.
Regulators ordered a full access block on Polymarket after ruling its winner-take-all event contracts constitute illegal gambling, rejecting non-custodial defenses and joining over 30 jurisdictions in restricting the platform for traders.
Novig recorded more than $125 million in notional trading volume during its first week of sports event contracts, outpacing debut figures from Kalshi, Polymarket U.S. and others as baseball and parlays led activity.
JPMorgan ended its core banking relationship with Polymarket in 2025 over regulatory concerns, yet the bank is keeping the door open for a potential IPO underwriting role while residual operational ties continue.
Kalshi launches market-implied GPU compute forward curves for NVIDIA chips while expanding tech IPO contracts, giving traders public signals on AI infrastructure costs and listing timelines amid record spending.
White House prepares to convene crypto and prediction market executives on August 19, delivering a critical prelude to the CFTC Innovation Advisory Committee’s first meeting on event contracts and regulatory jurisdiction.
River Markets closed an $8.5 million seed round led by Haun Ventures to build unified execution and risk tools, helping professional traders navigate fragmented event-contract venues with greater speed and scale.
Traders are piling into Kalshi’s August precipitation contracts, now pricing an 88% chance of more than 4 inches and 65% odds of clearing 5 inches after 3.2 inches already fell, with more storms on the way.
Traders have staked over $120 million on Bitcoin’s 2026 path, pricing a 68% chance of $70,000 while assigning just 12% odds of reaching $100,000 before early 2027.
