Charles Schwab and BetConstruct AI move into yes-or-no event trading as prediction markets expand 393-fold

Trading activity in prediction markets has risen 393 times over the past two years, but large companies are increasingly bringing the products in-house. Charles Schwab and BetConstruct AI said they would each launch “yes-or-no” event trading on their own platforms. The shift suggests event-based trading is spreading beyond specialist startups and into established brokerages and gaming firms.