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Inside the Prediction Markets: Working Their Way Into Wall Street and Beyond
This week, prediction markets offered a lesson in how quietly a market can spread across territories until it is virtually everywhere.
They have morphed from a niche experiment into a hybrid of betting, crypto culture, and online speculation almost before anyone could blink. Now, event contracts are part of both the financial system and everyday life: retail brokerage flows, institutional trading desks, sports ecosystems, and data infrastructure…
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1 Articles
Inside the Prediction Markets: Working Their Way Into Wall Street and Beyond
This week, prediction markets offered a lesson in how quietly a market can spread across territories until it is virtually everywhere. They have morphed from a niche experiment into a hybrid of betting, crypto culture, and online speculation almost before anyone could blink. Now, event contracts are part of both the financial system and everyday life: retail brokerage flows, institutional trading desks, sports ecosystems, and data infrastructure…
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