FiscalNote Launches PoliticalPrediction.com, Appoints Advisor and Partners with 365Prediction
FiscalNote launched a preview at PoliticalPredictions.com using its AI and policy datasets to enter the political prediction market with monthly trading volumes in the billions. It appointed Dr. Laila Mintas as Strategic Advisor and signed an MOU with 365Prediction to develop market design and forecasting tools.
1. Expansion into Political Prediction Market
FiscalNote introduced a preview experience at PoliticalPredictions.com to establish a foothold in the emerging political prediction market. The platform leverages the company’s AI capabilities and policy datasets to forecast political outcomes within a sector already seeing monthly trading volumes measured in the billions.
2. Strategic Advisor Appointment and Partnership
The company appointed Dr. Laila Mintas as Strategic Advisor, bringing over two decades of expertise in prediction market design and regulation. Concurrently, FiscalNote signed a non-binding MOU with AI-driven platform 365Prediction to collaborate on market design, technology integration and product development.
3. Market Reaction and Next Steps
Shares fell more than 3% in premarket trading, trading near their 52-week low and showing oversold technical indicators. FiscalNote is slated to report its next financial update on March 12, with analysts forecasting a loss per share of $0.39 and revenue of $22.4 million.