prediction markets
Bloomberg‑Style Prediction Market Platform Fireplace Raises $1.5M
Fireplace, a professional trading terminal for prediction markets, has closed a $1.5 million pre‑seed round to develop institutional‑grade infrastructure for one of the fastest‑growing asset classes. The round was led by Frachtis, with participation from White Star Capital and several angel investors, including syndicate rounds on Legion and Echo. A unified terminal for prediction markets…
Massachusetts Court Slams Kalshi, Halts Sports Betting Immediately
A Massachusetts court has told Kalshi to stop all sports betting markets immediately. This is the first time a U.S. court has blocked a prediction market platform like this. The decision creates uncertainty for other digital gambling sites. Court Decision The temporary injunction came after a lawsuit claimed Kalshi’s sports markets are basically the same…
