Meta Is Building Its Own Prediction Market App. Polymarket Should Notice

By Isaac • June 24, 2026 5:08 pm •

Meta is building a prediction market app. The internal name is Arena, and the man who greenlit it is Mark Zuckerberg.

That puts the world’s largest attention machine into a lane that crypto built and Polymarket made famous.

Arena will let users forecast outcomes in politics, sports, entertainment and world affairs. At launch it runs on a video game-style points system, not real cash.

Meta has not ruled out real-money betting later. That caveat is the whole story.

NEW: Mark Zuckerberg’s Meta is reportedly building a standalone prediction markets app, internally codenamed “Arena,” as it looks to compete with platforms like Polymarket and Kalshi, per NYT. pic.twitter.com/UXwXigoW3r

— CoinDesk (@CoinDesk) June 23, 2026

CoinDesk reported