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Prediction Markets

Explosive Growth Of Prediction Markets: A Symptom Of A Sick Economy

June 8, 2026 Hadas Thier, In These Times. , , , ,
Prediction markets are booming, and the mainstream media has been aflutter with breathless hype and valuations, boosting ​“one of the fastest growing [markets] in finance,” according to Fortune. ​“We’re at the beginning of a prediction markets supercycle that could drive trillions in annual volume over time,” Vlad Tenev, CEO of Robinhood, announced during the company’s quarterly earnings call in February, according to Forbes. Robinhood, an electronic trading platform catered to everyday users, got in on the prediction markets game in 2024. 
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