World Cup generated $20B in blockchain prediction market volume: Chainalysis

cointelegraphPublished on 2026-07-30Last updated on 2026-07-30

Abstract

According to a report by Chainalysis, the 2026 FIFA World Cup generated approximately $20 billion in blockchain-based prediction market volume, with about $5.7 billion wagered during the five-week tournament itself. World Cup markets comprised roughly 63% of all prediction activity in that period. Over 400,000 wallets participated, with the highest trading volumes coming from users in the United States and China. Illicit activity was limited, with under 1% of wallets linked to illicit actors and about $5.4 million traced to sanctioned or illicit sources. The event also saw around $24 million in FIFA Collect NFT trades and over 100,000 digital ticket distributions. The report concludes that blockchain's role in major events is growing, highlighting the need for compliance as participation expands.

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 in World Cup prediction markets had ties to illicit actors, though it identified roughly $5.4 million in flows originating from sanctioned entities and other illicit sources.

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. Wallets linked to sanctioned entities accounted for less than 0.01% of FIFA Collect users, which Chainalysis attributed in part to the platform’s identity verification requirements.

Chainalysis said the findings suggest blockchain will play a growing role in major global events and underscored the importance of compliance measures as platforms attract broader participation.

Related Questions

QAccording to the Chainalysis report, what was the total trading volume generated by blockchain-based prediction markets for the 2026 FIFA World Cup?

AThe total trading volume generated was $20 billion, which includes trading activity both before and during the tournament.

QWhat percentage of all blockchain prediction market activity during the World Cup period was related to the tournament, as stated in the article?

AWorld Cup-related markets accounted for about 63% of all prediction market activity during that period.

QWhich two countries generated the highest attributable trading volumes in the World Cup prediction markets, according to the report?

AThe United States and China generated the highest attributable trading volumes.

QHow much, in monetary value, did the article report was traded in FIFA Collect NFTs during the World Cup?

AFans traded about $24 million worth of FIFA Collect NFTs during the tournament.

QWhat key factor does Chainalysis attribute to the low percentage (less than 0.01%) of sanctioned entity wallets among FIFA Collect users?

AChainalysis attributed this in part to the platform's identity verification requirements.

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