The prediction market has reached institutional validation. Recent funding rounds brought in $2.3B in total capital, with the platform currently valued between $12B and $15B. Key backers include prominent figures from the crypto space alongside traditional venture players. Major league partnerships—including collaboration with NHL—signal mainstream adoption momentum. Integration partnerships like the one with DraftKings demonstrate real-world utility as a clearinghouse solution. Current on-chain activity reflects a $3.3B market that's seeing genuine institutional and retail participation. The combination of elite backing, strategic integrations, and proven market demand points to a sector gaining serious traction across both traditional and decentralized finance.