Genius Sports signed official-data, integrity, and marketing agreements with Polymarket on Aug. 4 and Kalshi on Aug. 5, putting one supplier underneath the settlement layer of both rival prediction platforms. The company’s second-quarter results, published a day later, already credit prediction markets with an incremental contribution to margin. Key Takeaways Genius Sports signed Polymarket on Aug. 4 and Kalshi on Aug. 5. Genius booked prediction-market revenue in Q2, before either deal was signed. Q2 revenue rose 65% to $195.5M; Genius still posted a $76.7M net loss. One Data Supplier Playing Both Sides of the Prediction-Market Rivalry Genius Sports will supply Kalshi with real-time official data across its full soccer portfolio, including the English Premier League, Serie A, Liga MX, the Argentine Primera División, and French Ligue 1, under an agreement announced Aug. 5 . Kalshi will use the verified feeds as a single source of truth for settling sports event contracts, join Ge...
American and British regulators are expanding cooperation on crypto , tokenization , payments, artificial intelligence , and financial resilience . The initiative connects new regulatory frameworks with plans to reduce cross-border friction and modernize two major financial markets. Key Takeaways U.S. and UK regulators expanded cooperation on digital assets . Officials reviewed crypto rules, tokenization, AI , and payments. The countries plan comparable standards for stablecoins and similar financial risks. Regulators Expand Their Transatlantic Digital Asset Agenda The U.S. Department of the Treasury published a joint statement on Aug. 4 summarizing discussions from the July 8 U.S.-U.K. Financial Regulatory Working Group meeting in London. The statement outlined coordinated efforts to advance crypto regulation , payment modernization , financial stability , and capital-market reforms across both jurisdictions, clarifying shared transatlantic regulatory priorities ...