NCAA, Kalshi and transfer portal
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As prediction markets surge, Wall Street is grappling with an uncomfortable question: Is there any distinction left between investing and gambling?
Kalshi expands combo event contracts, boosting parlay-style payouts and its first-mover advantage as sportsbooks race to catch up amid legal scrutiny.
Coinbase has added stock trading, Kalshi-powered prediction markets, and Solana-based DEX access as it moves toward an “everything app.”
Prediction market Kalshi filed notice that it intends to offer trading on the transfer portal, prompting the NCAA to say it "vehemently opposes college sports prediction markets."