American sports betting platform DraftKings partners with Polymarket for new prediction market, acquiring Railbird, a CFTC-regulated platform. Polymarket’s clearinghouse ensures fair and secure trades, reducing counterparty risk. DraftKings Predictions app to launch soon, offering diverse markets. Polymarket dominates predictions market sector, with recent integration of World App and MetaMask. Intercontinental Exchange invests $2 billion in Polymarket, valuing the company at $9 billion. Prediction markets, including Polymarket and Kalshi, see record-breaking trading volume in October, surpassing $4.63 billion. Kalshi achieves highest monthly trading volume at $2.87 billion.

Read more at Cointelegraph: DraftKings’ New Predictions Markets to Use Polymarket’s Clearinghouse