CryptoWorld News reports that, according to The New York Times, Meta CEO Mark Zuckerberg has instructed employees to develop a prediction market app called Arena, which will operate separately from the company's existing social media products. Arena will initially allow users to make predictions using a points system rather than real money bets. Meta plans to keep the app separate from Facebook and Instagram, although it may leverage existing platforms to direct users to the new service. The project is described as experimental but remains a high-priority task within the company. Arena will enable Meta to directly compete with prediction market operators like Polymarket and Kalshi. Meta reports 3.56 billion daily active users across its app family, providing a potential distribution advantage for launching this product.