Citizens Bank: Predicted market annual revenue may reach $10 billion by 2030

Odaily Planet Daily reports that Citizens Bank in the United States recently released a new report indicating that prediction markets are rapidly growing. The current annual revenue in the industry has exceeded $3 billion and is expected to reach $10 billion by 2030, becoming an emerging asset class.

The report shows that trading volume in prediction markets continues to rise. In January, market transaction volume increased by over 40% compared to December, and February maintained similar levels despite the typical decline after the end of the traditional sports season. Analysts believe this trend reflects the shift of prediction markets from niche betting tools to mature financial markets.

Citizens Bank believes that the key factors driving industry growth include increasing trading volume, improved market structure, and initial participation by institutional investors. Some institutions have already begun entering the market as data users and liquidity providers, laying the foundation for broader institutional adoption.

Prediction markets allow traders to price and hedge risks related to discrete events such as election outcomes, interest rate decisions, or merger approvals. Compared to proxy tools like index futures or options, they can reduce basis risk and provide real-time probability signals.

Analysts point out that the development path of prediction markets is similar to early derivatives markets and the digital asset industry, gradually transitioning from retail-led liquidity to market makers and institutional participation. Currently, representative platforms include the regulated event contract exchange Kalshi and the decentralized prediction market Polymarket. The industry as a whole is gradually moving toward mainstream finance.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

New Polymarket Bet Placed on Axiom Insider Trading Accusation

Gate News bot message, an individual established a fresh Polymarket wallet and allocated $5,120 to wager on the prediction that #Axiom will face insider trading accusations from @zachxbt.

GateNewsBot3h ago

Polymarket developers release command-line interface for AI agents to access prediction markets

BlockBeats News, February 24 — Polymarket developer Suhail Kakar announced on social media, "The Polymarket CLI (Command Line Interface) has been launched — the fastest way for AI agents to access prediction markets, built with Rust. Users' agents can directly query markets, make trades, and retrieve data from the terminal."

GateNewsBot13h ago

U.S. Senator pressures CFTC to fully ban "death-related" prediction market contracts

Six Democratic U.S. Senators have written to the CFTC Chairman, urging a ban on prediction market contracts related to individual deaths, citing concerns that these contracts could lead to physical harm and national security risks. They referenced multiple cases, to which the CFTC has not yet publicly responded.

GateNewsBot15h ago

Kalshi removes the badge indicating association with the X platform due to stricter promotion rules on the platform

Kalshi has removed all badges associated with its accounts in response to new X platform regulations, aiming to strengthen oversight of gambling content. The X product manager warned that failure to disclose partnerships could result in account bans to maintain user trust.

GateNewsBot17h ago

Polymarket market betting on Flying Tulip's launch day FDV exceeding $1 billion drops to a 37% probability

Foresight News Report: On Polymarket, the probability that Flying Tulip's FDV exceeds $1 billion on its first day of launch has dropped to 37%, the probability of exceeding $1.5 billion is 7%, and the probability of exceeding $800 million is 98%. Currently, the trading volume on this prediction market exceeds $2.95 million.

GateNewsBot17h ago

Inventory of Predictive Market Arbitrage Strategies: Low-Risk Money Printing Machine or High-Risk Gamble?

Decentralized prediction markets led by Polymarket and Kalshi have accumulated over $9 billion in monthly trading volume by 2025, allowing users to bet on the outcomes of political, economic, and sports events. As AI technology drives the emergence of various arbitrage strategies, from discovering cross-platform mispricings to large-scale information manipulation, thousands of traders are participating. However, these strategies that rely on market inefficiencies and information asymmetry are not without risks. This article will analyze the principles, processes, and potential dangers of each strategy. Basic Logic: What does Polymarket's "Shared Order Book" represent? Before diving into arbitrage strategies, it’s essential to understand Polymarket’s core mechanism: the (Shared Order Book). Unlike traditional exchanges, Polymarket's YES

ChainNewsAbmedia19h ago
Comment
0/400
LongAndShortSuckersvip
· 5h ago
The latest report from Citizens Bank in the United States indicates that the prediction market’s annualized revenue has exceeded $3 billion, with an expected reach of $10 billion by 2030. The trading volume in this market continues to grow, demonstrating a trend toward transformation into a mature financial market. The participation of institutional investors and the improvement of market structure are the main driving factors. Prediction markets allow for the pricing and hedging of event risks and are gradually integrating into the mainstream financial system.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)