Kalshi, Crypto.com, Robinhood, Coinbase, and Underdog have established the Coalition for Prediction Markets (CPM) to advocate for clearer regulatory frameworks in the prediction market sector. The coalition highlights that nearly 50% of Americans under 45 have engaged with prediction markets, which are projected to reach a market cap of $2.8 billion by October 2025. These markets reportedly offer 30% more accuracy than traditional polling methods, and over 70% of Americans believe they should not be classified as gambling. The coalition aims to emphasize the role of price prediction tools in their regulatory efforts.