Zuckerberg Orders Meta Into Prediction Markets With New App Codenamed ‘Arena’

The initiative follows bets on stablecoins and the metaverse.

Mark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social network on a direct collision course with crypto-native platforms like Polymarket and Kalshi.

Meta's Arena app could reshape digital engagement, challenging existing prediction markets and potentially altering user interaction dynamics. The post Meta Platforms develops Arena prediction market app for live events appeared first on Crypto Briefing.

Meta has reportedly formed a team to develop a prediction market app called Arena, a signal of the company’s entry into a sector that has attracted growing interest from both retail users and institutional investors. According to a report from…

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Meta is building a prediction markets app called Arena to rival Polymarket and Kalshi, likely starting with a points system rather than real-money betting.

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