Meta reportedly builds points-based Arena prediction market app to rival Polymarket and Kalshi
NY Times •
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Promote with Leviathan NewsMeta is reportedly building a standalone app called Arena after Zuckerberg tasked a small internal team with cloning the prediction-market behavior driving Polymarket and Kalshi. The first version would use points instead of real-money wagering, but Meta has not ruled out monetized participation later and reportedly views the product as a top priority. The irony is obvious: after Forecast died in 2022, Meta is circling back just as prediction markets move from crypto niche to mainstream attention.
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