A group of major platforms has launched the prediction markets coalition to represent the sector in policy and regulatory discussions. The coalition brings together companies from crypto, trading and consumer platforms as usage grows across the US. Its founders say the focus is on market integrity, transparency and public understanding.

• The coalition launched with Kalshi, Crypto.com, Robinhood, Coinbase and Underdog as founding members, with more firms expected to join. Millions of Americans now use prediction markets to trade outcomes or follow forecasts. These markets are increasingly referenced by economists, journalists and policymakers.

• Prediction markets have expanded quickly, generating more than USD 150bn (ca. EUR 128bn) in annualised trading volume. Supporters argue crowd-based forecasts often outperform traditional polling in areas such as elections and macroeconomic trends. Signals from these markets are now regularly cited by outlets including CNN and CNBC.

• The prediction markets coalition says it was formed in response to lobbying from legacy industry groups. It aims to explain how prediction markets differ from casinos and sportsbooks, with no house and peer-to-peer trading. “The best way to protect consumers is to keep these markets federally regulated, with consistent guardrails,” the group said.

• According to the coalition for prediction markets nearly half of U.S. adults under 45 have used financial or prediction markets, showing broad consumer adoption. In addition the coalition outlines that the wider U.S. predictive analytics market is valued at about USD 14bn (ca. EUR 11.9bn) and is projected to more than double by 2030, underlining long-term growth potential.

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