Polymarket and Kalshi Will Step Up Anti-Fraud Measures During the World Cup
Svmuu News: Prediction market platforms Polymarket and Kalshi have announced that they will accelerate the deployment of anti-fraud measures during the World Cup to combat potential fraud rings, while continuing to expand the range of tradable events. According to reports, the two companies are introducing more real-world events into prediction markets to boost user engagement and market liquidity. As trading volumes continue to grow, related fraudulent activities have also increased. It is reported that Kalshi’s annualized revenue reached approximately $1.5 billion in May of this year. (The Information)
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