ZUCKERBERG URGES META TO EXPLORE WORKING WITH POLYMARKET AND KALSHI

Summary from the TLDR newsletter

Meta is building an app that allows people to make bets on practically anything, similar to Polymarket and Kalshi. Arena, which is now a top priority within Meta, will use points instead of real money and is aimed at 18- to 34-year-olds. The company is now actively trying to form partnerships with Polymarket and Kalshi, but it is unclear what kind of arrangement Meta is seeking. If released, Arena will be a stand-alone app, but Meta eventually plans to integrate parts of it into Facebook and Messenger.