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Coalition for Prediction Markets takes out full page advert in Washington Post

The newly formed Coalition for Prediction Markets (CPM) have gone big on the marketing budget, as they share a full page advertisement in the Washington Post.

Within it, it reads “CFTC regulated prediction markets (already) ban insider trading.” It then gives a list of what they believe to be regulated and unregulated features, before stating: “Congress, let’s continue to work together to keep prediction markets safe and transparent for consumers here in America.”

The purpose of the CPM is to be a unified industry voice working with policymakers, regulators, and the public to establish clear, fair rules that make prediction markets accessible and trustworthy. It comes after the group said it would back Representative Ritchie Torres’s effort to strengthen integrity in the sector, following reports that an anonymous Polymarket user cashed out more than $400,000 on a trade related to an operation to depose Venezuelan President Nicolás Maduro, an incident that prompted concerns.

What is the Coalition for Prediction Markets?

The coalition, which was only announced in December 2025, has some big names behind it, as industry giants Kalshi and Crypto.com formed it. Upon their arrival, they said they have convened a broad alliance of industry leaders including Coinbase, Robinhood, and Underdog, to help form the coalition.

The bipartisan group also announced in January that former US Representative and Ambassador Sean Patrick Maloney will serve as its CEO and President. In the same news, they shared how former US Representative and Chairman Patrick McHenry would be joining as a senior advisor.

In the CPM’s announcement posts on X, they reiterated their support for prediction markets and said: “This coalition marks the first unified industry effort to protect access, strengthen integrity, and ensure prediction markets continue to serve the public good.

“Today is just the beginning. A clearer, more trusted prediction market ecosystem benefits everyone.”

When it was first announced, the CPM said its early work will focus on reinforcing the federal framework governing prediction markets, with establishing and educating nationwide standards for integrity being central to this work.

While it’s still relatively new, this PR push with the major spread could signal what’s to come, especially as some prediction markets are facing difficulties with state regulators.

Featured Image: Via X post from the Coalition for Prediction Markets

The post Coalition for Prediction Markets takes out full page advert in Washington Post appeared first on ReadWrite.

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