Mark Zuckerberg directed Meta to create a prediction markets app: NYT (opens original article in a new tab)

Meta is reportedly developing a prediction markets app named 'Arena' with a points system, inspired by platforms like Polymarket and Kalshi, as part of its strategy to leverage its user base and enter the growing prediction market sector.

• Meta is developing a prediction markets app called 'Arena' with a points system
• Zuckerberg directed the project, aiming to tap into the growing prediction markets trend
• The app will operate independently from Meta's social media platforms