Edwin Munyui
Co-founder, Research & Strategy Lead
I oversee Prediction Frontier’s research agenda, editorial direction and strategic development. My work examines how prediction markets are evolving as a global financial and information sector; from platform growth, liquidity and user behaviour to regulation, institutional participation and the infrastructure supporting event-based trading. I lead flagship reports, market analysis and industry coverage designed to give operators, investors and policymakers a clearer view of where the sector is heading. My background spans more than eight years across Web3 research, financial markets, digital assets and B2B industry intelligence. At Prediction Frontier, I bring that experience to building rigorous, independent coverage of the prediction economy while contributing to informed policy and market-development conversations in Kenya and beyond.
Articles by Edwin Munyui
19 pieces
River Markets Raises $8.5M Seed Round to Build Prime Brokerage for Prediction Markets
River Markets has raised $8.5 million in seed funding led by Haun Ventures to build unified execution and risk infrastructure for professional prediction market traders.
Kalshi Taps Nasdaq for Market Surveillance Across Event Contracts and Perpetual Futures
Kalshi is integrating Nasdaq’s institutional-grade surveillance technology across its event contracts and perpetual futures markets as the exchange expands its trading infrastructure.
ProphetX Partners with Pikkit as Sports Prediction Market Distribution Push Accelerates
ProphetX will power sports event contracts inside Pikkit, giving eligible U.S. users direct access to its CFTC-regulated exchange infrastructure ahead of the NFL season.
Prediction Markets Sustained Conviction in a Fed Hold. Now Comes the Business-Model Test
Prediction markets maintained a Fed hold as the dominant outcome despite rising hike odds, while Robinhood’s $156 million quarter and emerging corporate hedges pointed to a broader test of the category’s durable financial value.
NEXTPredict Uses Kalshi Flight Market to Hedge $3M Conference Risk in Industry First
Susquehanna provided liquidity for the first documented use of a prediction market to hedge the financial risk of a major conference
Underdog Launches Its Own Federally Licensed Prediction Market Exchange
Underdog has launched its own federally licensed prediction market exchange, allowing users to trade event contracts directly within the Underdog app.
The World Cup Liquidity Test Begins: Can Prediction Markets Keep the Capital?
The World Cup proved prediction markets can attract billions. Now comes the harder test: whether that capital stays as liquidity thins, entertainment trading rises, and regulatory frameworks begin to take shape.
Europe’s First Prediction Markets Summit Heads to Gibraltar as New Rules Take Effect
Gibraltar’s new prediction-market rules took effect on the same day Eventus announced Europe’s first dedicated industry summit in the jurisdiction.
Corporate Hedging Could Be Prediction Markets’ Next Major Use Case
Susquehanna’s $500 million World Cup initiative tests whether event contracts can move beyond trading volume and become practical corporate risk-management tools.
Kalshi Loses Preliminary Injunction Bid in New York Sports Event Contracts Case
Kalshi failed to win early court protection from New York’s gambling enforcement as its sports contracts lawsuit moves forward.
Prospect Markets Eyes U.S. Sports Prediction Market Entry Through Crypto.com-Linked Deal
Sports-focused prediction market platform eyes a US opportunity pegged at over $1 trillion in annual trading volume
Prediction Markets Are Betting on the Wisdom of Crowds. The Crowd Hasn't Fully Shown Up Yet.
Prediction markets can work brilliantly when attention converges. The problem is that, for most contracts, too few people are there to make the crowd wise.
South Korea Gives Polymarket a Hearing in Gambling Review
South Korea’s media review body will hear Polymarket’s response before determining whether the crypto-based event trading platform warrants corrective action.
A $45 Billion Record Month for Prediction Markets, but Not Yet Institutional Liquidity
June’s record World Cup-driven volume showed prediction markets can scale demand. The harder test is whether liquidity, distribution, regulation and infrastructure can keep pace.
Michigan Court Temporarily Blocks Kalshi Sports Markets, Orders State-Compliant Geofencing
A Michigan court has temporarily barred Kalshi from offering sports-related event contracts in the state, requiring stricter geofencing and imposing a potential $120,000 daily penalty for non-compliance.
Novig Selects Eventus Validus for Trade Surveillance on New Prediction Market Exchange
Sports prediction market Novig has selected Eventus Validus to strengthen trade surveillance as it prepares for a federally regulated nationwide launch.
High Roller Joins Russell Microcap Index as It Builds Out ROLR Prediction Markets
The NYSE-listed online gaming company behind the ROLR prediction markets brand has joined FTSE Russell’s micro-cap benchmark as it prepares its regulated U.S. event-contract offering.
Prediction Markets Hit Record Volumes as Institutional Interest and Scrutiny Intensify
World Cup trading is driving unprecedented activity, while Cboe, Tradeweb and Meta bring new institutional and consumer attention to a sector facing sharper legal and conduct questions.
