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🤖AI Summary
Nasdaq is seeking to enter the prediction markets business through SEC regulatory channels. The exchange giant's move signals growing institutional interest in prediction markets as a legitimate financial product.
Key Takeaways
- →Nasdaq is pursuing entry into the prediction markets sector through SEC approval.
- →This represents a major traditional financial institution embracing prediction markets.
- →The move could legitimize prediction markets in mainstream finance.
- →SEC involvement suggests potential regulatory framework development for prediction markets.
- →Traditional exchanges are expanding beyond conventional trading products.
Read Original →via Decrypt
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