Prediction Market Movers

On this episode of Prediction Market Movers, Chris Gerlacher chats with Leif Abraham, Co-Founder & Co-CEO of Public, to discuss the evolution of Public into an agentic, multi-asset brokerage and why the company recently added prediction markets through its partnership with Kalshi. Abraham explains how Public is using AI agents to automate trading strategies, portfolio management, risk management, and other financial decisions. He discusses how agents can help investors execute systematic strategies, reduce emotional decision-making, and connect different asset classes within a single portfolio. He also explains how Public built its agentic technology to separate AI reasoning from deterministic trade execution. Chris and Leif also discuss what will differentiate brokerages as prediction markets and other new financial products become more widely available, Public’s focus on digital-native investors, the role of product design and AI, the company’s rapid pace of innovation, and what’s next for Public as it continues expanding its multi-asset platform. 👉 Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. For more information on the Prediction Edge and the upcoming midterms visit www.predictionedge.com 00:00 - Intro 1:45 - What separates you from other brokerage firms? 2:30 Ai agent portfolio management 4:25 - Benefits of ai agents 6:50 - Source of Ai 9:40 - How the AI adjust with backtesting 11:25 - Why focus on active traders? 13:45 - Why PM trading? 16:25 - Will perp trading be on Public? 17:20 - New trading strategies with perp trading 18:15 - What will separate different brokerages apart? 21:20 - Why were AI agents were a priority for the company? 24:20 - The future of Public #PredictionMarketMovers #PredictionMarkets #LeifAbraham #Public #Kalshi #PredictionNews #AIAgents #AgenticTrading #EventContracts #Perpetuals #Investing #Fintech #CFTC

On this episode of Prediction Market Movers, Chris Gerlach of Prediction News sits down with CJ Hetherington, Co-Founder & CEO of Limitless Exchange, to discuss the company’s origins, the growth of prediction markets, and how Limitless is building its place in an increasingly competitive industry. Hetherington explains what Limitless learned from Kalshi and Polymarket, the challenges of bootstrapping liquidity, and why he believes prediction markets have significant opportunities beyond sports and elections. He discusses Limitless’ global on-chain strategy, its focus on international consumers, and its plans to build a regulated U.S. venue for institutional customers and risk-transfer markets. The conversation also covers DeFi regulation, KYC, self-custody, AI trading agents, CFTC oversight, and perpetual futures. CJ explains how AI agents could participate in prediction markets, the regulatory questions they create, and the differences between fully collateralized event contracts and leveraged perpetual futures. Chris and CJ also discuss prediction-market liquidity, specialized exchanges, global expansion, aggregating Kalshi and Polymarket liquidity, custom trading packs, peer-to-peer markets, and the future of Limitless. Plus, CJ shares what’s next for the company as it works toward launching its U.S. regulated exchange. 👉 Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. For more information on the Prediction Edge and the upcoming midterms visit www.predictionedge.com 00:00 - Intro 1:40 - How he got into PMs 5:30 - Limitless’ unique value 7:55 - Views on regulation 9:20 - KYC requirements 10:40 - Risks 12:50 - Allowing AI agents 14:50 - The struggles both event contracts and perps 18:50 - Differences in International markets 22:00 - Building an exchange 25:35 - On specialty markets 28:00 - What’s next for Limitless? #PredictionMarketMovers #PredictionMarkets #CJHetherington #LimitlessExchange #PredictionNews #Kalshi #Polymarket #CFTC #Crypto #DeFi #EventContracts #Perpetuals

On this episode of Prediction Market Movers, Chris Gerlacher of Prediction News sits down with Gary DeWaal, a veteran CFTC and derivatives law expert, for a deep dive into the history and future of prediction markets, futures regulation, and the ongoing legal battles surrounding sports event contracts. DeWaal shares his perspective from decades in derivatives law, including his time at the CFTC. The conversation examines the long-running tension between state gambling laws and federally regulated futures markets, from the Statute of Anne and early bucket-shop laws to the Commodity Exchange Act and modern CFTC preemption. DeWaal explains his interpretation of how sports event contracts fit within the CFTC's jurisdiction and why he believes the definition of swaps and the federal preemption framework are central to the current prediction market litigation. Chris and DeWaal also break down Kalshi's Ninth Circuit litigation, the distinction between betting and exchange-traded derivatives, sports contracts, CFTC enforcement, and the regulatory challenges facing prediction markets. They also take a detailed look at perpetual futures ("perps"), including funding mechanisms, market surveillance, reference prices, 24/7 trading, leverage, and the concerns surrounding perpetual contracts in agricultural markets. The episode also explores 24/7 futures trading, prediction market regulation, responsible trading rules, and DeWaal's role as a public director at prediction market exchange Növig. With prediction markets and perpetuals rapidly evolving, this conversation offers a historical and legal perspective on some of the biggest regulatory questions facing the derivatives industry today. 👉 Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. For more information on the Prediction Edge and the upcoming midterms visit www.predictionedge.com 00:00 - Intro 1:35 - Going back in time 6:30 - Regulating derivative laws in the 1970s 14:15 - Reaction to recent 9th Circuit court decisions 26:00 - On CFTC enforcing rules 34:00 - Agricultural trade concerns 37:05 - Why join Novig? 39:05 - Being on the frontline for sports contracts #PredictionMarketMovers #PredictionMarkets #GaryDeWaal #Kalshi #CFTC #PredictionNews #Polymarket #EventContracts #SportsContracts #Derivatives #Futures #Perpetuals #FinancialRegulation #CommodityExchangeAct #Trading

On this episode of Prediction Market Movers, Chris Gerlacher of Prediction News sits down with Harshit Geddam, Head of Technology at OpinionKings, to discuss the company’s innovative approach to prediction markets. OpinionKings is connecting short-form social media content with existing prediction markets, allowing users to discover market ideas and trade without leaving the content experience. Geddam explains how OpinionKings is building around the creator economy, including creator credibility scores, premium content, subscriptions, and incentives for creators to bring their audiences into prediction markets. The goal is to turn creator expertise and market opinions into a new source of engagement and participation. The conversation also explores OpinionKings’ focus on non-sports prediction markets, including economics, crypto, politics, entertainment, weather, and climate. Geddam discusses why these markets can be difficult to discover, how creator-driven content could help generate liquidity, and why Opinion Kings sees itself as a complement to platforms like Kalshi and Polymarket rather than a direct competitor. Chris and Harshit also discuss OpinionKings’ early user adoption, paper-trading results, plans for real-money trading, the role of Gen Z, and the company’s vision for bringing social media, creators, and prediction markets together. 👉 Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. 00:00 - Intro 1:30 - Matching reels with the markets 3:45 - Credibility of content creator 7:05 - Filtering out personalities 8:35 - Why target the creator economy? 12:02 - “we treat creators as employees” 15:00 - User adoption of opinion kings 17:45 - Audience engagement with trading 19:50 - Competitor vs complimentary 22:45 - Any isolated feelings towards sports contracts? 26:20 - What’s next for OpinionKings? #PredictionMarkets #OpinionKings #PredictionMarketMovers #Kalshi #Polymarket #PredictionNews #HarshitGeddam #CreatorEconomy #Fintech #SocialMedia #Trading #PredictionMarket #GenZ #Crypto #EventContracts

Former CFTC official Dorothy DeWitt joins Chris Gerlacher on Prediction Market Movers for an in-depth look at the evolution of prediction markets, Kalshi’s early years, and the regulatory challenges shaping the industry today. DeWitt led the CFTC team that worked on Kalshi’s designation as a Designated Contract Market, giving her a unique perspective on how Kalshi navigated the regulatory process and what the CFTC was thinking about prediction markets in the early days. She explains the original pitch behind Kalshi, the challenges surrounding event contracts and self-certification, and how regulators approached an entirely new type of exchange. The conversation then turns to the biggest issues facing prediction markets in 2026, including CFTC regulation, prediction market guardrails, SEC-CFTC harmonization, and the classification of prediction market products. DeWitt also dives into arbitration and customer disputes, conflicts of interest, exchange rulebooks, market surveillance, and the importance of developing a taxonomy for prediction market contracts. DeWitt touches on why a well-designed taxonomy could help bring institutional liquidity into the industry while also giving regulators and exchanges better tools to monitor manipulation, insider trading, and other forms of market abuse. 👉 Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. For more information on the Prediction Edge and the upcoming midterms visit www.predictionedge.com 00:00 - Intro 1:30 - Her CFTC days 3:30 Getting a DCM 5:20 - Adjusting to a new administration  8:10 - Differences in leadership 10:40 - priorities 12:20 - Legal landscape in the next administration 14:30 - Guard rails in prediction markets 17:35 - Why is vertical integration a hot topic? 19:50 - Solutions to conflicts of interests 21:40 - Disruptive perpetual contracts 24:50 - Swaps vs. futures 26:35 - A mature PM industry 29:20 - SEC and CFTC harmony 34:00 - On taxonomies #PredictionMarkets #Kalshi #CFTC #PredictionMarketMovers #PredictionNews #Polymarket #EventContracts #PredictionMarket #FinancialMarkets #Regulation #Perpetuals #SEC #Trading #Fintech