NBA Names Kalshi and Polymarket Preferred Exchanges, Signs CFTC Deal
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The NBA is expanding its prediction-market ties through preferred exchange designations, official data agreements and safeguards against insider trading.
The NBA has designated Kalshi and Polymarket as preferred exchanges as the league broadens its involvement in prediction markets, according to Cointelegraph.
The expansion includes agreements covering official league data, linking the basketball organization more closely with the prediction-market sector.
The NBA has also signed a deal with the US Commodity Futures Trading Commission. The league’s wider initiative includes measures aimed at preventing insider trading.
Source: Cointelegraph
