Do you see this craze for prediction markets that's taking over Wall Street? Well, now Nasdaq is jumping on this wave too, following in Cboe's footsteps.

For those who haven't been paying attention, we're talking about binary betting indeed. Wall Street folks are discovering these prediction markets, and it seems like the entire industry wants a piece of the pie. First Cboe moved, now Nasdaq is coming after.

It's interesting to see how traditional exchanges are adapting to this trend. Structured betting markets are gaining institutional legitimacy. It's no longer just crypto or online communities—big players are now seeing real opportunity in this space.

What’s happening is that exchanges have realized that binary bets and prediction markets can be a new revenue stream. Cboe was already testing the waters, and Nasdaq clearly doesn’t want to fall behind. When institutional players start moving like this, it usually means the market is mature enough for it.

The trend of betting on exchanges is really growing. The question now is how regulation will handle this. Wall Street is entering, exchanges are offering, but we’re still waiting to see how this whole story unfolds.

Anyway, it’s a sign that prediction markets and binary betting are no longer fringe. They’re going mainstream, and fast.