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Industry panel forecasts non-sports contracts will make up at least half of prediction markets by 2029, NextPredict reports

  • Industry panel forecasts non-sports contracts will make up at least half of prediction markets by 2029, NextPredict reports — NextPredict reports three of four panelists at NEXTPredict NYC forecast non-sports contracts will exceed half the industry by 2029, with estimates of 60 percent from CoinFund, 75 percent from Cboe and 66 percent from Dragonfly, against 50 percent from Cantor Fitzgerald. The panel cited institutional hedging and corporate performance contracts as drivers, and noted Cboe Clear US had just received SEC approval to clear securities-based binary options. (NextPredict)

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