Online betting markets are “the next evolution into what’s driving the markets that we run,” New York Stock Exchange President Lynn Martin said Wednesday. NYSE’s parent company recently invested $2b into Polymarket, a leading online predictions site and one that is “focused more on geopolitical” outcomes that can swing stock prices.
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More ‘sanity’ needed in online betting markets, NYSE president says
Online betting markets are “the next evolution into what’s driving the markets that we run,” New York Stock Exchange President Lynn Martin said Wednesday.
