Meta is reportedly working on a prediction market app internally known as Arena, commissioned by CEO Mark Zuckerberg, to rival Kalshi and Polymarket.
Meta, the parent company of Facebook, Instagram, and WhatsApp, is said to be in the process of creating a prediction market app that could potentially compete with established platforms such as Kalshi and Polymarket. The project, referred to as Arena internally, is being spearheaded by CEO Mark Zuckerberg. Although Meta has not yet officially announced the venture, internal sources have disclosed the information.
