NBA selects Kalshi and Polymarket as preferred exchanges for prediction markets and enters CFTC agreement

According to Cointelegraph, the US professional basketball league has designated Kalshi and Polymarket as its preferred exchanges for offering official prediction markets related to NBA events. The league is also entering into a formal agreement with the Commodity Futures Trading Commission (CFTC).

Under these arrangements, the NBA will provide verified event data to the selected platforms, which will then offer markets based on those officially sourced outcomes. The goal is to create transparent, regulated prediction opportunities for fans and participants.

The agreements include built-in safeguards aimed at preventing insider trading by ensuring that market participants receive information only after official NBA confirmation of relevant events. This reflects the league’s effort to balance fan engagement with regulatory compliance.

The CFTC partnership marks a structured oversight component, aligning the league’s expansion into prediction markets with federal regulatory standards for certain types of digital wagering and related activities.