"Who Am I to Say You Shouldn't Trade That?": Vlad Tenev Defends Speculators and Prediction Markets
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Kalshi Hits $22B Valuation as Robinhood’s Tenev Backs Speculators in Prediction Markets
Robinhood’s CEO went to bat for speculators. Vlad Tenev defended the role of speculators in financial markets during the Wall… Read the original on Kalshi Hits $22B Valuation as Robinhood’s Tenev Backs Speculators in Prediction Markets. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
"Who Am I to Say You Shouldn't Trade That?": Vlad Tenev Defends Speculators and Prediction Markets
Robinhood CEO Vlad Tenev defended prediction market traders against gambling critics last week, arguing that speculators are essential for any market to work. The comments, delivered at the Wall Street Journal's Future of Everything conference on May 5, landed in the same week that prediction market operator Kalshi closed a $1 billion funding round at a $22 billion valuation.Singapore Summit: Meet the largest APAC brokers you know (and those you…
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