Polymarket and Kalshi will strengthen anti-fraud measures during the World Cup

Odaily Planet Daily News Prediction market platforms Polymarket and Kalshi have stated that they will accelerate the deployment of anti-fraud measures during the World Cup to combat potential fraudulent groups, while continuing to expand the coverage of tradable events.

According to reports, the two companies are introducing more real-world events into the prediction market to enhance user participation and market liquidity. As the scale of trading continues to grow, related fraudulent activities have also increased. It is reported that Kalshi's annualized revenue had reached approximately $1.5 billion by May this year. (The Information)