BM Wallet has introduced a self-custodial prediction markets feature that enables users to forecast outcomes of real-world events directly from within the wallet. The feature has launched in select regions with the FIFA World Cup serving as the flagship prediction category, accompanied by a rewards campaign for eligible participants. The launch reflects the growing popularity of blockchain-based prediction markets, which allow users to take positions on sporting events, macroeconomic developments, political events, and other real-world topics without transferring assets to third-party platforms.
BM Wallet Integrates Polymarket Infrastructure for Self-Custodial Predictions
BM Wallet stated that the prediction markets feature is built on infrastructure provided by Polymarket, enabling users to access deep liquidity and a broad selection of markets without creating a separate account or transferring assets outside the wallet. All positions and settlements are conducted in stablecoins, with payouts processed automatically once event outcomes are finalized.
The company stated that users are not required to install additional applications, register centralized accounts, or convert funds into specialized tokens before participating. Predictions can be placed directly through the wallet using existing assets, while private keys remain stored only on users' devices. The company integrated prediction markets directly into its self-custodial wallet, allowing users to participate while retaining full control of their private keys and digital assets throughout the process.
Beyond sports, the platform supports prediction categories covering cryptocurrency markets, politics, and other real-world developments. The wallet operates on an externally owned account (EOA) architecture, under which the platform does not store users' private keys, recovery phrases, or other sensitive credentials.
BM Wallet Offers Prepaid Crypto Card and Decentralized Trading Services
BM Wallet described prediction markets as the latest addition to its broader self-custodial ecosystem, which already includes decentralized trading, crypto payments, asset management, and market analytics. The company said its objective is to consolidate multiple Web3 services into a single application, reducing the complexity associated with moving between separate wallets, exchanges, trading platforms, and analytical tools.
The wallet offers a prepaid crypto card that allows users to fund purchases with stablecoins at merchants accepting Visa or Mastercard. Virtual cards support online transactions, subscriptions, and digital services, while physical cards can be used for in-store purchases. BM Wallet indicated that card issuance is designed to be straightforward, with simplified identity verification, instant issuance, and no annual or top-up fees.
BM Wallet Announces AI-Powered Wallet and Expanded Payment Infrastructure
BM Wallet outlined plans to introduce several additional capabilities aimed at expanding the platform beyond a conventional cryptocurrency wallet. The roadmap includes an AI-powered smart wallet capable of handling transfers, trading, and portfolio management through natural language interactions such as voice and text. The company plans to implement one-tap wallet creation and recovery using Google and Apple accounts while maintaining self-custody protections.
Additional developments are expected to include expanded payment infrastructure connecting fiat and digital assets, yield-generating products, cross-chain bridges, token swaps, derivatives trading, and support for real-world assets. BM Wallet said it will continue investing in security technologies, including transaction simulation, risk detection, and asset analytics.
A company spokesperson said prediction markets represent one of blockchain's most practical real-world applications but noted that participation has historically required users to relinquish custody of their assets. The spokesperson explained that BM Wallet aims to remove that tradeoff by enabling users to participate directly from their wallet while maintaining full control over their keys and funds, adding that the new feature marks the beginning of the company's broader vision for a fully integrated self-custodial financial platform.
FAQ
What did BM Wallet launch for prediction markets?
BM Wallet introduced a self-custodial prediction markets feature that enables users to forecast outcomes of real-world events directly from within the wallet. The feature launched in select regions with the FIFA World Cup serving as the flagship prediction category, accompanied by a rewards campaign for eligible participants.
How does BM Wallet's prediction markets feature work?
The prediction markets feature is built on infrastructure provided by Polymarket, enabling users to access deep liquidity and markets without creating a separate account or transferring assets outside the wallet. All positions and settlements are conducted in stablecoins, with payouts processed automatically once event outcomes are finalized. Users are not required to install additional applications, register centralized accounts, or convert funds into specialized tokens before participating.
What other services does BM Wallet offer beyond prediction markets?
BM Wallet's self-custodial ecosystem includes decentralized trading, crypto payments, asset management, and market analytics. The wallet offers a prepaid crypto card that allows users to fund purchases with stablecoins at merchants accepting Visa or Mastercard, with virtual cards supporting online transactions and physical cards for in-store purchases. The wallet operates on an externally owned account (EOA) architecture and does not store users' private keys, recovery phrases, or other sensitive credentials.
