NEXTPredict: Prediction Markets Move Beyond Elections and Sports
- —NEXTPredict drew 2,000+ attendees and 180 speakers from 47 countries ahead of the U.S. midterms
- —Robinhood: BTC, oil and gold contracts are the fastest-growing category after sports
- —Polymarket argues prediction contracts are derivatives and should be regulated as such
- —Kalshi paid a $12,000 premium on a JFK flight-cancellation hedge that would have returned about $3 million
Why it matters: Prediction markets are expanding into crypto and financial assets, raising pressure for derivatives regulation and on-chain trading.
Source: Decrypt — DeFi