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Kevin Helms

Chainalysis: TradFi Steps Up Crypto Prediction Market Plans as Inflows Rise Since Sep 2024

Traditional finance firms and major crypto platforms are expanding into blockchain-based prediction markets as event contracts attract deeper liquidity. Chainalysis said on May 7 that inflows have climbed sharply since September 2024, with retail activity drawing market makers and institutions into larger deposits. The move is advancing alongside ongoing regulatory disputes over whether these products are derivatives or gambling.
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