Prediction Markets: Polymarket, Kalshi, and the Quest for Trust Amid Regulatory Battles
ByAinvest
Wednesday, Sep 3, 2025 6:30 am ET1min read
Prediction markets have become real-time indicators for elections, sports, and Web3 events, influencing media narratives and public trust. Platforms like Polymarket, Kalshi, and Augur operate in a regulatory gray zone, with Polymarket facing a federal investigation and Kalshi applying for CFTC regulation. Augur, a decentralized protocol, faced chaos and user confidence issues due to its ungovernable nature.
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