Gate News update, April 20, according to Gate market data. As of the time of writing, CHZ (Chiliz) is trading at $0.0434. It is up 6.98% over the past 24 hours, with a high of $0.0443 and a low of $0.0398. The 24-hour trading volume is $323.8k. The current market cap is approximately $448 million. As the exclusive utility token of Socios.com, Chiliz gives sports and esports fans the right to jointly manage teams, events, leagues, and other activities. Through voting, Chiliz grants fans in the sports and esports space the right to "joint control," allowing them to participate in team management and strategic decision-making. Any league, team, or event can implement this model by applying blockchain. Fans can become opinion leaders for any competition project by using the Socios.com platform that supports Chiliz payments. Teams, leagues, and other types of projects in sports and esports can also be monetized by giving fans a certain degree of decision-making power. This information does not constitute investment advice. Investors should be aware of market volatility risks.

Charles Schwab is considering introducing prediction markets for financial events amid growing Wall Street interest, while maintaining a focus on wealth management. Regulatory scrutiny is increasing, especially regarding sports and entertainment wagers, highlighted by recent legislation and concerns over insider trading and market manipulation.

Gate News message: According to the official announcement, the Gate TradFi Stock Trading Zone has launched 15 stock CFD pairs for Tencent, Meituan, Xiaomi, Kuaishou, AIA Insurance, Geely Automobile, Zhipu, MINIMAX, Xunce, Lenovo, Kangfang Bio, CITIC Shares, Rongchuang China, China Biopharmaceutical, Anta Sports, all of which support 4x fixed leverage, with a minimum order quantity of 0.1. In addition, the Gate TradFi FX Trading Zone has launched 6 foreign-exchange CFD pairs: EUR/Hungarian Forint, USD/Hungarian Forint, USD/Indonesian Rupiah, USD/Indian Rupee, USD/Thai Baht, and USD/New Taiwan Dollar. All pairs support 20x fixed leverage, with a minimum order quantity of 0.01.

Gate News update, April 9, the Nasdaq-listed company Brag House Holdings announced that its shareholders approved a merger proposal with Dogecoin Foundation official entity House of Doge with voting in excess of 98%. The two sides then plan to launch a publicly traded platform that connects sports, digital finance, and blockchain infrastructure, and integrate Brag House’s resources in collegiate athletics and media.

Gate News update, April 7, global payments platform Paysafe announced the launch of a "Pay with Crypto" crypto payment solution, mainly targeting the U.S. iGaming and daily fantasy sports markets, enabling users to fund their accounts using stablecoins and major cryptocurrencies. Data shows that about 70.4 million U.S. adults hold cryptocurrencies, and 83% of players are interested in crypto payments. Users can complete payments by connecting a crypto wallet or scanning a QR code, and the system will automatically complete the fiat conversion after the transaction is confirmed.

Gate News message: On April 6, U.S. Commodity Futures Trading Commission (CFTC) Chair Mike Selig posted on the X platform that U.S. federal law clearly states that the derivatives market is regulated by the CFTC. Whether it is prediction markets related to sports, politics, or oil prices, under the federal regulatory framework the CFTC has clear jurisdiction to regulate these markets, and it is obligated to uphold the relevant regulations.

According to CryptoRank data, political-topic trading volume is the highest in the market during the first quarter of 2026, while sports-related trading makes up only a small portion. The top five assets by trading volume are all related to political events, indicating the market’s focus on political forecasting.

A Nevada judge ruled that Kalshi’s sports prediction market products have no substantive difference from gambling, extended the injunction prohibiting it from offering related services locally until the case is further considered. Regulators believe it should be subject to the state’s gambling regulations.

Gate News message, April 3, a representative from a prediction market platform, Mustafa, posted on the X platform, stating that in April the platform will provide over $5 million in liquidity subsidies for sports prediction markets.