Dec. 25 at 2:12 PM
PREDICTION MARKETS ARE GOING MAINSTREAM
With Robinhood
$HOOD integrating prediction markets, Kraken signaling plans to launch them as part of its broader exchange offering, Coinbase
$COIN actively pushing deeper into event-based trading, and DraftKings
$DKNG already rolling out its own prediction markets product, this is starting to look like the early buildout of a new core financial category rather than a niche experiment.
The total addressable market here is significant and still underappreciated. Prediction markets pull liquidity from multiple existing ecosystems including retail trading, derivatives, sports betting, crypto speculation, and even institutional hedging. If these platforms capture only a small percentage of global sportsbook or derivatives activity, you are already talking tens of billions in annual trading volume. If prediction markets mature into a standard instrument alongside options and futures, the TAM can expand into the hundreds of billions over time......
