Kalshi, Crypto.com, Robinhood, Coinbase, and Underdog, five major platforms, have jointly established the Prediction Market Alliance, dedicated to the compliant development of the prediction market.

Odaily Planet Daily reports that five prominent organizations—Kalshi, Crypto.com, Robinhood, Coinbase, and Underdog—have jointly announced the formation of the Coalition for Prediction Markets (CPM). According to the official report, nearly half of Americans under the age of 45 have used prediction markets, and the market continues to expand rapidly. In October of this year, the prediction market industry was valued at $28 billion. Prediction markets outperform traditional polls by approximately 30%. Furthermore, over 70% of Americans agree on a key point: prediction markets should not be treated as gambling.