Bernstein: Predicts Market is Evolving to a More Broad Information Trading Venue

On November 6th, as per The Block, Bernstein analysts stated that with the regulatory environment becoming more defined, institutional investment making an entry, asset tokenization progressing, and deep integration with retail brokers and the crypto market continuously advancing, prediction platforms are quickening their transformation into information-driven extensive trading venues. This trend is set to drive global liquidity and mainstream adoption growth. In a report on Thursday, an analyst team led by Gautam Chhugani pointed out that the prediction market is evolving into a "broader information market" and emphasized that market demand has gone far beyond the political and sports fields, expanding into areas such as economics, culture, corporate activities, and financial metrics. The prediction market enables users to trade "yes/no" type contracts: if the event takes place, they receive $1; if it does not occur, they receive $0. The contract price reflects the market's implied probability of the event outcome.