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ICE NYSE Invests in Polymarket! Prediction Markets Get Wall St. Approval
The prediction markets were validated when $HOOD ( ▲ 1.05% ) partnered with Kalshi. Then Stocktwits partnered with Polymarket. Now $ICE ( ▼ 0.04% ) is putting their money into Polymarket which is big news on Wall St.
Investing, Predictions, Gambling- soon Parlays. The blending of what is investing, what is predictions, what is gambling, what will brokerage apps or gambling apps loook like in the future- it’s all changing. AND FAST.
My partner, Howard says that prediction markets are where he gets the news. He isn’t wrong. What the prediction markets are saying is essentially reading the news headlines. I love as a California resident that I can bet on the 49ers on $HOOD ( ▲ 1.05% ) even though I can’t use $DKNG ( ▲ 3.59% ). Why would I ever use a gambling app if $HOOD ( ▲ 1.05% ) rolls out parlays? Invest in stocks, manage my retirement account, setup a more futurisitic robo advisor, eventually get an advisor, request my cash to be delivered to my door step and bet on the 49ers winning the superbowl. One app for everything. And soon Tokenized everything. From real estate to real world assets.
The future of what brokerage and what investing apps look like is going to be wild. Maybe $COIN ( ▼ 0.07% ) goes on an acquisition spree. Buys $DKNG ( ▲ 3.59% ), buys a technology provider like Alpca or Drivewealth, and really competes with $HOOD ( ▲ 1.05% )
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