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Zuckerberg Directs Meta Team to Build Arena Prediction Markets App

2026-06-26 11:15:44

Mark Zuckerberg has directed a small Meta team to build Arena, a standalone prediction markets app, according to a New York Times report. Arena would use points rather than cash at first, but Meta has not ruled out real-money betting later. Kalshi was valued at $22 billion in a 2026 funding round as annualized volume neared $178 billion.

KALSHI-6.42%

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