Dow Jones Validates Prediction Markets Amidst Insider Trading Concerns
According to reports, Dow Jones has partnered with Polymarket to distribute prediction data across platforms like The Wall Street Journal. This announcement coincided with Kalshi claiming a $100 billion annualized trading volume. The development highlights the increasing acceptance of prediction markets as a financial data product. However, the sector faces challenges, including methodological disputes and concerns about insider trading. The New York Stock Exchange owner, ICE, plans to invest up to $2 billion in Polymarket, while CNN, CNBC, and Coinbase are integrating prediction probabilities. Controversies in 2025 involved issues like ambiguous definitions and oracle disputes, raising questions about market integrity.
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