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BTCC / BTCC Square / Global Cryptocurrency /
NHL Embraces Crypto Prediction Markets in Landmark Sports Betting Shift

NHL Embraces Crypto Prediction Markets in Landmark Sports Betting Shift

Author:
Global Cryptocurrency
Published:
2025-10-23 08:36:02
5
3
BTCCSquare news:

The National Hockey League's licensing deals with Kalshi and Polymarket mark a tectonic shift in sports betting infrastructure. By granting prediction markets the same intellectual property rights as traditional sportsbooks, the NHL effectively endorses blockchain-based wagering as a legitimate counterpart to legacy systems.

These CFTC-regulated platforms now operate with competitive advantage - Kalshi's federal license bypasses state restrictions, while Polymarket prepares its US relaunch. The MOVE signals institutional recognition of decentralized finance's capacity to modernize the $8.2 billion prediction market sector.

Keith Wachtel's assertion that "prediction markets are here to stay" underscores hockey's strategic pivot toward tech-savvy demographics. This validation from major league sports could accelerate cryptocurrency adoption across gaming verticals, particularly for tokens with prediction market utilities.

|Square

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