Tuesday, October 6, 2026The Morning EditionSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
WM Altruist Adds Donor-Advised Funds to PlatformIN Built on insurance experience to deliver on long-term promisesRB Schwab's Jon Beatty is one custody head offering a port in the storm after Fidelity unmoors its sub-$100M RIAs and Altruist's Jason Wenk , Apex's Bill Capuzzi and TradePMR's R. Scott Victoria are among othersIN Annuities for RIAs: Why fee-only advisors still hit a wallFP How an AM radio host dialed up her niche businessWM Cresset Aims for $13.1B Trust Business with National Advisors Trust DealIN Fidelity's $100M RIA custody minimum lands amid long-short SMA curbsIN Broker-dealers must lean on tech, brand as advisors weigh optionsWM LPL Recruits $1.1B Team to its RIA Channel From Wells Fargo's FiNetIN Looking for a passion asset? New investment platform touts stakes in classic cars

The Newsroom · Financial ADVSR

Verifact Markets launches trading on disputed facts about events that have already happened

A new platform backed by a Chicago family office lets traders bet on whether contested claims are true or false, reversing the forward-looking model used by Kalshi and Polymarket.

News

A new entrant in the prediction market field is asking traders to price the past instead of the future. Verifact Markets emerged from stealth in late September 2026, according to InvestmentNews, with a platform built around disputed factual claims about events that have already occurred.

The structure will look familiar to anyone who has used existing prediction venues. InvestmentNews reported that traders buy either True or False contracts, priced between $0 and $1. A contract pays $1 if the market resolves in the direction the trader backed and $0 if it does not.

What differs is how a market closes. Per InvestmentNews, Verifact uses a patent-pending system that combines evidence gathered by its own technology with signals drawn from trading activity. A market resolves only when the company reaches more than 90% confidence in one outcome or the other.

Verifact is backed by Positron Capital Management, a family office headed by Peter Wokwicz, InvestmentNews reported. Rodrigo Aquino is CEO and co-founder of Verifact and leads day-to-day operations, according to the same report.

Positron describes itself, via a profile of Wokwicz on 42geeks, as a $1 billion family office that focuses on cutting-edge investment strategies, incubates novel technology products and provides venture capital to startups. Crunchbase lists the firm as headquartered in Chicago, Illinois, with 11 to 50 employees. The 42geeks profile says Wokwicz has more than 25 years of experience in technology, senior executive roles, investments and startups.

Verifact is positioning itself as an alternative to Kalshi and Polymarket, which dominate the category. InvestmentNews reported earlier that the two platforms' combined monthly notional trading volume topped $8.5 billion for the first time in October 2025. Sports Illustrated's prediction market guide says the pair account for well over 75% of total prediction market capitalization as of February 2026.

The regulatory backdrop is active. Fintech Global reported that the CFTC issued an enforcement advisory on prediction markets in 2026 after cases involving fraud and misuse of nonpublic information in event contracts. Naked Capitalism reported that New Jersey asked the US Supreme Court in September 2026 to decide whether federal commodities law preempts state regulation of certain prediction-market contracts. TRM Labs reported that Nevada gaming regulators sued Kalshi in February 2026 and that Arizona's Attorney General filed lawsuits against Kalshi in March 2026.

The sources reviewed do not say when Verifact will open for trading, which jurisdictions it will serve, how it is regulated, or what fees it charges. They also do not describe how the company determines which disputed claims become markets.

Sources

TopicsRIA M&ARegulation

More from this writer

Latest from the Newsroom

This article draws on reporting by the outlets credited above. Financial ADVSR is not affiliated with them. Spot an error? Tell the newsroom.