Polymarket launches prediction markets on private companies using Nasdaq Private Market data, giving retail traders exposure to unicorns like OpenAI and Stripe.
A study by French and Canadian researchers reveals that 69% of Polymarket accounts lost money since 2022, raising concerns about prediction market risks.
Nasdaq and Cboe show interest in prediction markets as fintech firms like DraftKings and Coinbase enter the space, targeting multi-billion dollar valuations.