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NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal

Reported by Nate Kostar, Cointelegraph

Image: Cointelegraph

The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading. The National Basketball Association has named Kalshi and Polymarket its preferred prediction market exchanges and signed an information-sharing agreement with the US Commodity Futures Trading Commission (CFTC) aimed at protecting the integrity of basketball-related markets. According to Monday’s announcement , the agreements will give Kalshi and Polymarket access to official NBA data supplied by Sportradar, the league’s designated data distribution partner, for settling authorized markets.

This is an excerpt. The reporting belongs to Cointelegraph.

Read the full report on cointelegraph.com

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