Wall Street professionals are bullish on prediction markets like Polymarket, with a survey of 406 pros showing strong support. Polymarket, launched in 2020, is the world’s largest prediction market, allowing traders to predict events like Bitcoin prices and election results using cryptocurrency. The owner of the NYSE, Intercontinental Exchange Inc., announced a $2 billion investment in Polymarket. While respondents see gaming and finance intersecting more in the future, they are cautious about relying on prediction markets for investment decisions. Tokenization of assets is growing, but the traditional financial system remains popular due to regulation and reliability.

Read more at Yahoo Finance: Wall Street doubles down on prediction markets