Former SEC Chair Jay Clayton Raises a Key Question on Regulating Prediction Markets
As Polymarket and Kalshi soar in value, Clayton argues the sector’s core function remains an unsettled regulatory question.
Prediction Markets
Polymarket’s 27-Year-Old Founder Becomes the Youngest Self-Made Billionaire
Polymarket’s young founder went from selling his belongings to leading an $8 billion startup backed by Peter Thiel and Vitalik Buterin.
Kalshi, Trumpworld and the Bet on American Chaos
Kalshi is now the only federally sanctioned prediction market in the U.S., attracting billions in bets on everything from elections to papal succession. But with Trump allies circling, lawsuits mounting and regulators evaporating, the platform is becoming more than a marketplace—it’s a speculative engine for political influence.
