The 2026 FIFA World Cup drove $20 billion in blockchain-based prediction market volume and $24 million in digital collectible trades, with more than 400,000 wallets participating in blockchain-based betting, according to a report from blockchain analytics firm Chainalysis.
The $20 billion figure includes trading before and during the tournament, with bettors placing roughly $5.7 billion in wagers over the five-week World Cup itself. World Cup-related markets accounted for about 63% of all prediction market activity during that period, the report said.
According to Chainalysis, users from every continent except Antarctica participated in World Cup prediction markets, with the United States and China generating the highest attributable trading volumes, followed by Canada, Thailand and the United Kingdom.
Despite the scale of betting activity, illicit participation remained limited. Chainalysis said fewer than 1% of wallets participating…