Prediction Markets Crushed Sportsbooks During the World Cup | CoinDesk Daily
About this episode
This episode discusses how Kalshi's prediction markets outperformed traditional sportsbooks during the World Cup.
Kalshi's volume skyrockets during the World Cup. Kalshi's World Cup contracts alone generated $7.4 billion in volume before group play ended, more than the entire projected U.S. sportsbook handle for the whole tournament. CoinDesk's Uyen Truong hosts "CoinDesk Daily." - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co. - Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings. Perfect 8 year track record of keeping clients assets safe. Don't sell your bitcoin. Get a bitcoin-backed loan. Check out your rate by using their loan calculator at ledn.io JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets: https://x.com/jpegtrading - This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
Sponsors
RealFi, Ledn, JPEG Trading
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