From the crypto world to Wall Street, is the ‘prediction market’ going mainstream?
As major Wall Street giants, including the parent company of the New York Stock Exchange, enter the arena with significant capital, and$CME Group (CME.US)$other traditional financial infrastructure providers plan to participate directly, prediction markets, once considered a niche experiment within the cryptocurrency community, are rapidly moving toward the mainstream financial world at an unprecedented pace.
Prediction markets, once regarded as a niche experiment within the cryptocurrency community, are now moving toward the mainstream financial world at an unprecedented pace.
The latest move comes from the world’s largest derivatives exchange. According to Bloomberg, CME Group Inc. is planning to launch financial contracts linked to…
