Prediction markets move into stocks: $220M on Polymarket as regulators split
- —Polymarket has over $220M staked across 31,000 stock-linked markets
- —About 60% of equity bets target Nvidia, Alphabet, Apple and Tesla
- —Kalshi opens roughly 2,500 markets daily on indices and corporate KPIs
- —One wallet executed 1,300 Apple trades for $175,000 in volume
Why it matters: Without clear SEC or CFTC oversight, prediction markets could sway stock prices and raise insider-trading risks.
Source: Bithub