The National Hockey League said Wednesday it's reached a multi-year licensing agreement with prediction markets Kalshi and Polymarket. More sports leagues may be coming soon.

Tarek Mansour, Kalsh'si co-founder and CEO, told CNBC's "Squawk Box" the deal marked a "seminal moment" for prediction markets and the company.

"A league like the NHL partnering with us is a strong sign that prediction markets are here to stay," Mansour said.

As part of the NHL deal, Kalshi and Polymarket will gain access to the league's proprietary data and rights to use NHL marks and logos. In return, Mansour said, the hockey league will get a suite of customer protections. The NHL said both companies will receive brand exposure during broadcasts.

Mansour said the NHL deal could be replicated across other league

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