<div id="readability-page-1">CME (NASDAQ:CME) is planning to launch financial contracts tied to sports games and economic indicators, rivaling popular prediction markets Kalshi and Polymarket, people familiar with the matter told Bloomberg. The contracts may be rolled out by year-end through futures commission merchants, including the one CME (NASDAQ:CME) is setting up with Fa...</div>

<p>CME is set to introduce financial contracts linked to sports events and economic indicators, competing with Kalshi and Polymarket. The launch may occur by year-end through futures commission merchants, including a partnership with FanDuel. The prediction market sector is growing, especially with the upcoming 2024 U.S. presidential election. Recently, Polymarket received a $2B investment, raising its valuation to $8B, while Kalshi secured over $300M at a $5B valuation.</p>

CME eyes new sports event contracts to rival Kalshi, Polymarket - report