Bernstein Report: Prediction Markets Will Drive the Growth of Robinhood and Coinbase

PANews reported on November 7th, citing Bloomberg, that Bernstein released a report stating that prediction markets are entering mainstream finance and becoming an investable asset class. Robinhood's prediction market trading volume reached approximately $ 2.3 billion in the third quarter, and $ 2.5 billion in October ; at current levels, this equates to approximately $ 300 million in annualized revenue. Coinbase plans to integrate prediction markets into its " Everything Exchange , " combining them with crypto, tokenized stocks, and stablecoins, with an announcement expected later this year as a key product. The report also mentions Kalshi and Polymarket's efforts to improve compliance and accessibility, indicating a shift towards more relaxed regulations and accelerated integration between institutional and retail markets.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
A Singaporean man was sentenced to two years in prison for helping to illegally transfer $6.5 million in crypto assets.
PANews Newsflash