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Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein

The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.

Why this matters

Kalshi is showing up inside the Prediction Markets theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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