Nasdaq follows Cboe joining world of 'binary bets' as prediction market craze hits Wall Street

The Nasdaq has taken a significant step by aligning itself with Cboe, entering the burgeoning realm of 'binary bets,' a trend that has recently gained momentum as the fascination with prediction markets sweeps across Wall Street. This development highlights a growing interest in alternative investment strategies and innovative trading options, as financial institutions seek to capitalize on the increasing appetite for speculative betting on market outcomes. With this move, Nasdaq aims to attract a new wave of investors eager to engage in high-stakes financial forecasting. source: https://www.coindesk.com/markets/2026/03/02/nasdaq-follows-cboe-joining-world-of-binary-bets-as-prediction-market-craze-hits-wall-street