Industry leaders launch The Coalition for Prediction Markets to promote fair, safe, and open access – G3 Newswire

Industry leaders launch The Coalition for Prediction Markets to promote fair, safe, and open access – G3 Newswire

Summary

A new industry body, the Coalition for Prediction Markets (CPM), has been launched by Kalshi and Crypto.com with founding members including Coinbase, Robinhood and Underdog. The coalition’s stated purpose is to protect and promote safe, transparent and federally supervised access to prediction markets across the US.

The group is pushing for consistent federal oversight — specifically CFTC-style regulation — to prevent a patchwork of state rules that could limit access, drive users to offshore or unregulated platforms, and undermine market integrity. CPM will focus on standards to prevent insider trading, ensure transparency and preserve fair access to markets covering sports, elections, economic indicators and more.

The announcement leans on usage and performance statistics: nearly half of Americans under 45 have used an online prediction or financial market, prediction markets typically outperform traditional polls by about 30%, and combined trading volume this year reached nearly $28 billion through October 2025. Coalition spokespeople underscored the civic and democratic benefits of prediction markets and the need for a single, clear regulatory framework.

Key Points

• Kalshi and Crypto.com convened an alliance including Coinbase, Robinhood and Underdog to form the Coalition for Prediction Markets (CPM).
• CPM advocates federal oversight (CFTC-style) to avoid inconsistent state-level regulation that could restrict access or push users offshore.
• Prediction markets are presented as a public-good technology: they aggregate real-time expectation signals and often outperform polls by ~30%.
• Adoption is growing — nearly half of Americans under 45 have used an online financial or prediction market; trading volume reached about $28bn through October 2025.
• CPM’s early priorities are national standards for market integrity, protections against insider trading, transparency and defending against state overreach on issues such as sports and elections.
• Senior industry figures quoted: Matt David (Crypto.com), Sara Slane (Kalshi) and Faryar Shizad (Coinbase) — all backing federal clarity and consumer protections.

Context and relevance

The coalition forms at a pivotal moment: rapid consumer uptake and rising trading volumes have made prediction markets more visible to regulators and the public. Several states have begun asserting control, which the CPM argues would fragment regulation and weaken protections. For operators, regulators and policymakers this is a clear push for centralised, federal rules that mirror protections used in other financial markets.

The move also signals increasing mainstreaming of prediction markets — major consumer platforms joining together suggest these markets are no longer niche and that their regulatory treatment will shape broader fintech and information-aggregation services.

Why should I read this?

Quick and plain: if you work in fintech, gaming, regulation or policy — or you follow how markets inform public opinion — this matters. The CPM could steer whether prediction markets remain easily accessible and under federal guardrails or get bogged down in 50 different state rules. It’s about market access, consumer protection and who wins the rules battle. Worth five minutes of your time.

Source

Source: https://g3newswire.com/industry-leaders-launch-coalition-for-prediction-markets/