Morgan Stanley Joins NEXTPredict as Markets Look Beyond Sports
Morgan Stanley has joined NEXTPredict as prediction market valuations reflect expectations of greater institutional participation, Decrypt reports.
Morgan Stanley has joined NEXTPredict, according to Decrypt, as prediction markets look to attract more institutional participants.
Sports wagers continue to account for most trading in the sector. That leaves current activity concentrated in betting rather than institutional use.
Prediction market valuations nevertheless rest on expectations that institutional interest will grow, highlighting a gap between today’s trading mix and anticipated demand.
Source: Decrypt
