newsNasdaq 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.
Nasdaq is seeking SEC approval to offer prediction-style binary options tied to its flagship Nasdaq 100 index. The proposed product would mirror the probability-based format commonly used on prediction market platforms like Polymarket and Kalshi.
Nasdaq has filed a proposal with the SEC to list binary prediction market bets on the Nasdaq-100, following Cboe's similar move into yes-or-no betting products. This represents traditional exchanges' expansion into prediction markets amid growing demand for these financial products.
