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Bernstein note says owning the exchange is becoming the competitive edge in prediction markets
- Bernstein note says owning the exchange is becoming the competitive edge in prediction markets — Finance Magnates reports a Bernstein note finding platforms that once relied on third-party venues are bringing matching, clearing and licences in-house, citing DraftKings launching its own DKeX exchange and Robinhood and Susquehanna routing flow through Rothera. The note says Coinbase reached about 100 million dollars in annualised prediction market revenue within two months of launch. (Finance Magnates)
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