Crypto Giants Form Coalition for Prediction Markets

Key Points:
  • Kalshi, Crypto.com, Robinhood, Coinbase, and Underdog unveil a coalition.
  • Aims for industry standards and legal clarity in prediction markets.
  • Focuses on opposing state legal overreach into prediction markets.

Kalshi, Crypto.com, Robinhood, Coinbase, and Underdog reportedly announced a coalition for prediction markets on December 11, 2025, seeking federal standards and industry self-regulation.

The coalition may shape the prediction market landscape by influencing regulation and public perception, amid claims of superior predictive performance and economic growth potential.

Coalition Launch: Setting Federal Standards in Prediction Markets

Kalshi, Crypto.com, and others have taken decisive action to form the Coalition for Prediction Markets, aiming to establish federal standards in the prediction market industry. This joint effort involves significant platforms such as Robinhood and Coinbase.

The coalition seeks to alter how prediction markets interact legally, asserting that these markets offer better predictive performance than traditional polls. The efforts target creating a unified industry voice amid concerns about state-level legal challenges.

Matt David from Crypto.com emphasized: “The U.S. is the biggest frontier for prediction markets, and the momentum we’re seeing makes a unified industry voice not just important, but necessary.”

Prediction Markets Growth and Legal Challenges Addressed

Did you know? The prediction markets’ prominence has grown due to their perceived higher accuracy compared to traditional polling, a sentiment shared by approximately 70% of Americans.

Ethereum (ETH) currently trades at $3,072.18, with a market cap of $370.80 billion and representing a 12.15% market dominance, according to CoinMarketCap. The trading volume fell by 19.05% over the past 24 hours. Recent price changes include a 3.28% drop in the last 24 hours and an increase of 1.27% over the last seven days.

ethereum-daily-chart-2178
Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 17:01 UTC on December 12, 2025. Source: CoinMarketCap

Insights from Coincu indicate that the formation of the coalition may accelerate regulatory clarity, potentially paving the way for innovative financial products in the prediction markets. Such alliances could lead to broader institutional engagement.

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