Morgan Stanley Joins NEXTPredict as Prediction Markets Bet on 'More Institutional' Play

Bullish+0.18%
25 Sep, 13:16
Source: Decrypt

AI Summary

Morgan Stanley partners with prediction market platform NEXTPredict, signaling growing institutional adoption and expanding its fintech footprint.

The bulk of prediction market trades are still sports bets, while valuations are predicated on rising institutional interest.