Spain–Argentina World Cup Final Drives Nearly $2B Across Prediction Markets

Spain defeated Argentina to win the 2026 World Cup, driving nearly $1.977 billion in prediction market trading. Kalshi accounted for almost 96% of this volume, with activity increasing by over $620 million from Friday until settlement. Following the extra-time victory, FIFA launched an investigation into a brawl where Leandro Paredes appeared to grab Eric García by the throat. The event combined massive financial speculation with disciplinary concerns regarding player conduct during the final match celebrations.