DraftKings announces the acquisition of Railbird Technologies, officially entering the prediction market domain, and plans to launch the DraftKings Predictions app for users to trade regulated event contracts on real-world outcomes in finance, entertainment, and popular culture. This acquisition sup
FanDuel and the Chicago Mercantile Exchange Group (CME Group) announced a partnership to launch a new event-based trading platform in the United States, combining the infrastructure of the derivatives market with FanDuel's extensive customer reach.The platform will offer fully funded contracts, allo
According to the Financial Times, U.S. President Donald Trump plans to sign an executive order as early as this week, allowing U.S. 401(k) retirement plans to invest in "alternative assets" such as cryptocurrencies, gold, and private equity. Once implemented, this move will open the doors of the cur
Prediction Markets are an emerging financial instrument that allows participants to bet on the outcomes of real-world events and reflect collective intelligence through market mechanisms. These markets combine economics, game theory, and blockchain technology, and are widely used in political electi
The zero-day options mania reached new heights in 2024, sending broader options trading toward an all-time high.New data from SpotGamma shows the explosive growth in this market. Around half of all trading in Nvidia and Tesla options, some of the most popular trades, has been concentrated in bets ex
The decision was made in an extraordinary creditors' commission, in relation to the judicial reorganization agreement.Chile.- Enjoy reported through an essential fact that within the framework of an extraordinary creditors' commission held on November 19, it was agreed to extend the deadline for com
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