FIFA World Cup Propels Prediction Markets to Record $24B Trading Volume

BTCC / BTCC Square / Global Cryptocurrency /

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2026-06-07 07:12:03

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Prediction markets have eclipsed traditional sports betting as the FIFA World Cup's expanded 48-team format supercharges decentralized trading activity. Global volumes surged 380% to $24 billion last month, surpassing the US sportsbook industry's $14 billion monthly average.

Decentralized event-contract exchanges now dominate the landscape, with outright winner contracts alone exceeding $1.6 billion in liquidity. The North American tournament has become a proving ground for blockchain-based speculation, merging sports enthusiasm with DeFi innovation.

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