ZUCKERBERG BUILDING POLYMARKET CLONE FOR META

INDUSTRY DESK■ 1 MIN READ

TUE, JUN 23, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Meta CEO Mark Zuckerberg has tasked a small team with building a prediction market app called Arena. The platform would mimic competitors like Polymarket and Kalshi but launch with play-money betting rather than real cash.

The app, currently in development, will likely use points-based wagering instead of actual money, according to The New York Times. Meta has not ruled out eventually introducing real-money betting, though no timeline has been set. Prediction markets allow users to bet on outcomes of future events, from elections to sports. Polymarket and Kalshi have grown in popularity, though they operate in a regulatory gray area in the US. By starting with virtual currency, Meta could test the market and gather user data before navigating potential regulatory hurdles around gambling. The approach also gives the company time to assess demand and refine the experience. No launch date has been announced. Meta's move signals renewed interest in prediction markets from major tech companies seeking new engagement tools.

■ SOURCES

► The Verge

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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ZUCKERBERG BUILDING POLYMARKET CLONE FOR META

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