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Mark Zuckerberg directed Meta to create a prediction markets app, NYT reports
Key takeaways
- The app will probably rely on a video game-like points system instead of users wagering money, though the company has not ruled out betting real money eventually, according to the report.
- The company did not immediately respond to a Reuters request for comment.
- Prediction markets surged in popularity during the 2024 U.S. presidential election and have evolved into an asset class that lets investors wager on a variety of events, from monetary policy to sports tournaments.
Mark Zuckerberg directed Meta to create a prediction markets app, NYT reports Reuters Tue, June 23, 2026 at 11:55 PM GMT+7 2 min read META HOOD POLA.PVT KLSH.PVT June 23 (Reuters) - Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on Tuesday, citing two employees with knowledge of the matter.
The app will probably rely on a video game-like points system instead of users wagering money, though the company has not ruled out betting real money eventually, according to the report.
The company did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.
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