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Mark Zuckerberg directed Meta to build a prediction‑markets app

techJun 23, 2026221,278

Mark Zuckerberg directed Meta to build a standalone prediction‑markets app called Arena, The New York Times reports. Meta assembled a team to develop Arena as a rival to exchanges such as Polymarket and Kalshi and to keep it separate from the company’s existing apps. Prediction markets let users trade on outcomes such as elections, sports, and economic indicators, raising questions about betting rules, money transmission, and securities regulation while giving Meta another lever to direct user attention across its services.

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