$20B Blockchain Betting Boom Fuels FIFA World Cup Frenzy
The blockchain-based prediction market volume surged during the 2026 FIFA World Cup, reaching $20 billion. The figure includes trading before and during the tournament, with bettors placing roughly $5.7 billion in wagers over the five-week period. Chainalysis reported that World Cup-related markets accounted for about 63% of all prediction market activity.
The largest trading volumes came from users in the United States, China, Canada, Thailand, and the United Kingdom, according to Chainalysis. Despite the scale of betting activity, illicit participation remained limited, with fewer than 1% of wallets participating in World Cup prediction markets having ties to illicit actors.
The report also highlighted growing adoption of blockchain-based digital collectibles. Fans traded about $24 million worth of FIFA Collect NFTs during the tournament, while more than 100,000 match tickets were distributed through the platform.