PredictIt company
Overview
PredictIt is an online prediction market platform historically operated by Victoria University of Wellington in New Zealand for academic research (now run by the Prediction Market Research Consortium). It allows users to trade contracts on the outcomes of future events, primarily focusing on U.S. elections and political developments. The platform operates under staff no-action relief from the U.S. Commodity Futures Trading Commission (CFTC). The CFTC withdrew the original no-action letter in 2022; after litigation, PredictIt secured amended no-action relief in 2025 and continues to operate.
Within the DeFi Intel graph, PredictIt connects to 1 tracked entity, most strongly to CFTC.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | CFTC | 95% |
Frequently asked questions
What is PredictIt?
PredictIt is an online prediction market platform operated by Victoria University of Wellington in New Zealand, used for academic research. It allows users to trade contracts on the outcomes of future events, primarily focusing on U.S. elections and political developments.
Who regulates PredictIt?
PredictIt is regulated by the U.S. Commodity Futures Trading Commission (CFTC). The platform operates under a no-action letter from the CFTC, which exempts it from certain regulations due to its academic purpose.
What does PredictIt focus on?
PredictIt primarily focuses on U.S. elections and political developments. Users trade contracts on the outcomes of these future events.
Sources
- PredictIt — history, CFTC no-action letter withdrawal (2022) and 2025 outcome
- National Law Review — CFTC withdrawal of PredictIt no-action letter and litigation
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