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World Cup Prediction Markets Hit $20B as NFT Trading Reached $24M

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The 2026 FIFA World Cup drove $20 billion in blockchain-based prediction market quantity and $24 million in digital collectible trades, with greater than 400,000 wallets collaborating in blockchain-based betting, in accordance with a report from blockchain analytics agency Chainalysis.

The $20 billion determine consists of buying and selling earlier than and in the course of the match, with bettors putting roughly $5.7 billion in wagers over the five-week World Cup itself. World Cup-related markets accounted for about 63% of all prediction market exercise throughout that interval, the report mentioned.

Based on Chainalysis, customers from each continent besides Antarctica participated in World Cup prediction markets, with the USA and China producing the very best attributable buying and selling volumes, adopted by Canada, Thailand and the UK.

Regardless of the size of betting exercise, illicit participation remained restricted. Chainalysis mentioned fewer than 1% of wallets collaborating in World Cup prediction markets had ties to illicit actors, although it recognized roughly $5.4 million in flows originating from sanctioned entities and different illicit sources.

The report additionally highlighted rising adoption of blockchain-based digital collectibles. Followers traded about $24 million price of FIFA Accumulate NFTs in the course of the match, whereas greater than 100,000 match tickets had been distributed by the platform. Wallets linked to sanctioned entities accounted for lower than 0.01% of FIFA Accumulate customers, which Chainalysis attributed partly to the platform’s id verification necessities.

Chainalysis mentioned the findings recommend blockchain will play a rising position in main world occasions and underscored the significance of compliance measures as platforms entice broader participation.

Cointelegraph is dedicated to unbiased, clear journalism. This information article is produced in accordance with Cointelegraph’s Editorial Coverage and goals to offer correct and well timed data. Readers are inspired to confirm data independently.



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