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Prediction Markets Are Going Mainstream — Wall Street Is Already In, and Robinhood vs. Interactive Brokers Is the Trade
Prediction markets have been easy to dismiss as a gambling product dressed up in financial language. That became harder to do when Intercontinental Exchange — the company that owns the New York Stock Exchange — quietly took a 25% stake in Polymarket. And when Robinhood partnered with Susquehanna to acquire a MIAX exchange platform that is already regulated and cleared specifically for prediction markets trading.
The finance industry has a long habit of showing up wherever money is moving and taking a cut. It is showing up here now. The question for investors is not whether prediction markets…
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