NBA names Kalshi and Polymarket preferred exchanges in CFTC integrity pact
The NBA has partnered with Kalshi and Polymarket as preferred prediction market exchanges while signing a data-sharing pact with the CFTC to combat insider trading and uphold game integrity.
The NBA has established partnerships with prediction market platforms Kalshi and Polymarket, designating both as preferred exchanges for the basketball league. Under the agreements, the platforms secure access to official NBA data, with Polymarket announcing plans for exclusive activations and an ESPN report noting the exchanges will receive intellectual property rights to use league marks and logos.[2][3][4][9][10]
Alongside the commercial agreements, the league signed a memorandum of understanding and data-sharing pact with the Commodity Futures Trading Commission. The arrangement establishes an integrity framework designed to guard against insider trading and protect game integrity surrounding prediction markets. The Block reported that the agreement makes the NBA the third sports league to formalize a prediction market pact with the federal derivatives regulator.[2][3][5][7][8]
The pacts introduce trading restrictions, information sharing, and direct oversight, giving the NBA greater influence over the specific markets offered to traders. While the CFTC has sought alliances across sports leagues as it champions prediction market platforms like Kalshi, other organizations have held back, with CoinDesk reporting that the NFL has balked at joining the movement.[1][2][6]
Key facts
- The NBA designated Kalshi and Polymarket as its preferred prediction market exchanges.
- The agreements grant Kalshi and Polymarket access to official NBA data and rights to use league marks and logos.
- The NBA signed a data-sharing memorandum of understanding with the CFTC to safeguard against insider trading and maintain integrity standards.
- The NBA is the third professional sports league to enter a prediction market pact with the CFTC, according to The Block.
- The partnerships incorporate trading restrictions and direct oversight to give the league greater influence over offered markets.
- CoinDesk reported that the NFL has balked at joining the CFTC prediction markets initiative while the NBA joined.
Sources · 10 sources
- CO
CoindeskArticle ·
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
BREAKING: @NBA PARTNERS WITH @Kalshi AND @Polymarket https://t.co/naRhPI8Nze
Open source - CO
CoinDesk@CoinDeskPost on X ·
NEW: The @NBA partners with @Kalshi and @Polymarket as preferred prediction market exchanges, while simultaneously signing a data-sharing agreement with the @CFTC to safeguard against insider trading. https://t.co/FQB1ifejOo
Open source - PO
Polymarket@PolymarketPost on X ·
It's official: Polymarket is now a Preferred Prediction Market Exchange of the NBA 🏀 Official NBA data, exclusive activations, and a whole new era of basketball starts now. https://t.co/3op179YKgL
Open source - TB
The BlockArticle ·
NBA becomes third league to sign CFTC prediction market pact, taps Kalshi and Polymarket The CFTC and NBA have agreed to put in place standards to protect the integrity of the game when it comes to prediction markets.
Open source - BC
Bitcoin.com News@BitcoinNewsPost on X ·
🚨 JUST IN: The NBA strikes blockbuster deals with Kalshi and Polymarket, bringing prediction markets into the big leagues with official data access, trading restrictions and direct oversight as regulators battle over who controls the industry. https://t.co/Rjy3CBQlEb
Open source - CT
Coin TelegraphArticle ·
NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.
Open source - CB
Crypto BriefingArticle ·
NBA moves toward CFTC data-sharing pact and ties with Kalshi and Polymarket The NBA's alignment with federal oversight could reshape sports betting regulation, enhancing market legitimacy and influencing state policies. The post NBA moves toward CFTC data-sharing pact and ties with Kalshi and Polymarket appeared first on Crypto Briefing .
Open source - BL
Bloomberg@businessPost on X ·
The NBA reached a deal with Kalshi and Polymarket that designates the platforms as the league’s preferred prediction market exchanges https://t.co/9CONACOI1R
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
JUST IN: THE NBA PARTNERS WITH KALSHI AND POLYMARKET AS PREFERRED PREDICTION MARKET EXCHANGES, USING OFFICIAL NBA DATA https://t.co/w0clHPe9u0
Open source