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

BlockBeats News, November 6th, according to The Block, Bernstein analysts stated that as the regulatory environment becomes clearer, institutional investment enters, asset tokenization develops, and deep integration with retail brokers and the crypto market continues to advance, prediction platforms are accelerating their transformation into information-driven broad trading venues. This trend will 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 highlighted that market demand has far exceeded politics and sports fields, expanding into areas such as economics, culture, corporate activities, and financial metrics.

The prediction market allows users to trade "yes/no" type contracts: if the event occurs, they receive $1; if it does not occur, they receive $0. The contract price reflects the market's implied probability of the event outcome.