Three informed employees revealed that Meta CEO Mark Zuckerberg is urging executives to negotiate partnerships with leading prediction market platforms Polymarket and Kalshi.

Meta is currently developing a similar application. The app created by Meta is called Arena, allowing users to bet on almost any type of event. As the prediction market sector continues to expand, Meta hopes to claim a share of it. According to company executives, Arena differs fundamentally from platforms such as Polymarket and Kalshi, which support cash betting: the app will use virtual points similar to those found in online games, rather than real money. Three employees, who requested anonymity due to confidentiality agreements, stated that Zuckerberg has designated Arena as a key core project, with plans and ambitions more far-reaching than previously understood by the public. He has already directed company executives to proactively engage with Polymarket and Kalshi, though the specific form of cooperation between the parties remains undetermined.